Leverage Your Business Experience to Become a Business Coach

Leverage Your Business Experience to Become a Business Coach

July 01, 20202 min read

If you’re a business coach or just thinking about what it might take to become a business coach, you’ve probably got a major problem and don’t even realize it.

You have no idea how much value you can deliver to the typical small-to-midsize business.

If you did, you’d stop second-guessing yourself and you’d become a business coach tomorrow!

The typical business coach can add $100,000 to $200,000 to the bottom line of most SMB’s and that’s why owner-managers are happily investing $12,000 to $36,000 per year to have us coach them. 

How many clients like that do you need to replace your salary?

Almost every day, I talk with executives leaving leadership roles in professionally managed, enterprise-level companies and considering a pivot to business coaching. 

The typical business coach can add $100,000 to $200,000 to the bottom line of most SMB’s and that’s why owner-managers are happily investing $12,000 to $36,000 per year to have us coach them.

Maybe you’re thinking: 

“I’ve got a lifetime of experience in P&L leadership or sales management or lean-6-sigma or finance, etc. I KNOW I should be monetizing my education and expertise much better than I have. Maybe business coaching is the path forward. But is this a real career? Can I really make a great living at it?”

The answer is “yes!” The business coaching industry is a thing. It’s real!

According to Entrepreneur.com, “Business coaching is a lucrative business that can tap into the massive market of entrepreneurs and business owners trying to find their way in the world of commerce.”

Business Coaching Is Profitable Because You Create More Value than you Receive in Revenue

How do you go about creating MORE value than ever before in the next phase of your career?

By solving bigger problems than ever.

Manoj Arora put it this way: “Do not focus on money, instead focus on a problem that needs to be solved for the world and money will follow you as a byproduct.

And THAT is what business coaching is all about!

Right now, business owners are fighting for their survival and the smart ones are reaching out to business coaches for help — by the tens of thousands.

Your experience in business is just what they need.

In every recession, brilliant business executives just like you take their hard-won expertise to the streets in droves and plunge into the world of coaching SMBs.

So what are you waiting for? NOW is the time to become a business coach. And our FREE ebook, How to Become a Business Coach will walk you through establishing your practice — every step of the way!

Eric Dombach is an investor, entrepreneur, senior executive, and consultant to PE firms and family offices. He has founded two professional service firms that achieved 7-figure exits. As the leader of a business consulting firm and a network of more than 6,300 business consultants, Eric is dedicated to developing leaders, building dream teams, and growing SMBs. He is also a published author, known for his Amazon best-seller, "The Million Dollar Business Coaching Firm." Eric has an MBA from the University of the People and a B.S. in Engineering from Messiah University. He has been married to Deborah since 1993, and they have four adult children. He enjoys reading, world travel, and playing jazz-fusion guitar.

Eric Dombach

Eric Dombach is an investor, entrepreneur, senior executive, and consultant to PE firms and family offices. He has founded two professional service firms that achieved 7-figure exits. As the leader of a business consulting firm and a network of more than 6,300 business consultants, Eric is dedicated to developing leaders, building dream teams, and growing SMBs. He is also a published author, known for his Amazon best-seller, "The Million Dollar Business Coaching Firm." Eric has an MBA from the University of the People and a B.S. in Engineering from Messiah University. He has been married to Deborah since 1993, and they have four adult children. He enjoys reading, world travel, and playing jazz-fusion guitar.

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