iPEC Coaching Blog

Intrigued by Remote Side Hustles? A Coaching Business Could Be a Perfect Fit

Written by iPEC Team | Apr 26, 2024 6:21:41 PM

Thinking about starting a remote side hustle? Your willingness to explore new possibilities and create something meaningful is inspiring—not only to us but to the people around you, too.

Having a part-time venture—one you may or may not ultimately want to turn into your full-time gig!—can allow you to set your own schedule, work at your own pace, and choose projects that bring you deep satisfaction and fulfillment. 

In addition to empowering you to take control of your professional life and pursue opportunities that align with your values and goals, these types of side hustles can be incredibly financially rewarding, too. 😉 Many certified coaches see coaching as the ultimate win-win-win profession, allowing them to grow themselves, do what they love to help others, AND make a great living—in fact, the overall average fee per one-hour coaching session in 2022 was $244 according to the ICF’s 2023 Global Coaching Study.
 

What Are Remote Side Hustles?

 

A remote side hustle is a job or business you can do from anywhere in the world, alongside your day job. Whether from the comfort of your home, your favorite coffee shop, or even a different country, the possibilities are endless and the choice is yours!

Remote side hustles often involve using your skills or interests to provide services or create products for clients or customers on a part-time basis. Some common examples include freelance writing, virtual assisting, online tutoring, graphic design, running a coaching business, and selling handmade crafts online.

One of the great things about remote side hustles is they often don't require years of formal education. A few days of foundational skills-based training could be enough to give you the essential tools to get your business up and running! Something else to consider is that you likely already have skills you’re good at and regularly use. If you already have strong writing skills that you use in your day job or you’re passionate about writing, you can easily translate this skill into a fruitful and fulfilling remote side hustle—no extra training required.
 

Benefits of Starting Remote Side Hustles and Who They’re Great For

 

By nature, remote side hustles are incredibly flexible which makes them particularly appealing to people who already have a part- or full-time job they love and don't necessarily want to leave; maybe they just want to bring in some extra income or find fulfillment and creativity outside of their current job (or both!) 

For those who aspire to eventually leave their current job, a remote side hustle can be a strategic path to transition away from a career that no longer feels fulfilling. By maintaining a steady income from your current job, you can approach your side hustle with a sense of freedom and creativity, rather than feeling stressed and pressured to make quick money. 

 

As New York Times best-selling author Elizabeth Gilbert tells us,

“To yell at your creativity, saying, ‘You must earn money for me!’ is sort of like yelling at a cat; it has no idea what you’re talking about, and all you’re doing is scaring it away, because you’re making really loud noises and your face looks weird when you do that.” 

 

 

A remote side hustle allows you to give yourself time and space to experiment, learn, and grow your business and skills at your own feel-good pace—without the immediate need for it to be your primary source of income. This can lead to more thoughtful decision-making and a greater focus on long-term growth and fulfillment rather than short-term financial gain.
 

What Makes a Coaching Business a Great Remote Side Hustle?

 

At iPEC, we believe that people are naturally creative, resourceful, and whole and that our role as coaches is to help clients achieve their dreamiest goals and live their most authentic, fulfilling lives. Ultimately, coaching is about supporting others to awaken their potential. You can learn more about our consciousness-based approach here. 

A coaching business can take many forms, including one-on-one sessions, group coaching, workshops, and even retreats! And when it comes to coaching niches and areas of specialization, the sky is the limit—truly. 

What makes coaching an incredible remote side hustle—aside from all the freedom and flexibility it offers—is that you also get to work with clients who light you up. What we’ve found to be true in our coach community is that coaches often gravitate toward supporting people in an area of life they’ve personally struggled with, and through time and intentional effort, created success in. It can be unbelievably gratifying to make a meaningful impact in the lives of people with whom you feel a deep level of connection and compassion.

Whether you're helping clients navigate a career change, improve their relationships, or enhance their overall wellbeing, the work you do as a coach can have a ripple effect, touching not only your clients but also their families, friends, and communities. Knowing that you're making a difference in the world in such a meaningful way can bring a sense of fulfillment and purpose that can be challenging to find in other professions.

Overall, coaching isn’t just a job or a side hobby—it can be a profound calling. It's a chance to use your skills, experiences, and passions to help others and make the world a better place. And when you approach a coaching business with this mindset, your possibilities are truly endless.
 

Is Starting a Side Coaching Business Right for You?

 

To support you in exploring this new potential remote side hustle, we invite you to reflect on the following coaching questions to get a feel for whether starting a coaching business could be a natural fit for you. 

Reflection Questions:

Consider your natural inclination to help others. In what ways do you currently support and guide those around you? How does it feel when you're able to help someone reach their goal or overcome a challenge?

 

⭐ People who are drawn to coaching often find themselves being the go-to person for advice within the social circles they inhabit. Seeing others succeed lights them up like nothing else!

On a scale from 1 -10, how would you rate your current level of fulfillment in life? To what extent do you feel a sense of purpose and satisfaction in your current work?

 

⭐ People who are drawn to coaching often crave a deeper sense of contribution to the world. Making a tangible impact on others' personal and professional lives is incredibly fulfilling for them.

Consider your financial goals and aspirations. How would earning extra income through coaching impact your life? What opportunities or experiences could this extra income provide for you?

 

⭐ People who are drawn to coaching often see the incredible financial impact it can have on their lives. 85% of iPEC students have a paying client before they even graduate!

Consider any lifestyle changes that starting a coaching business might bring about, such as managing your time more effectively, setting boundaries with your resources, and prioritizing self-care. How do you feel about these potential changes?

 
Many people who are drawn to coaching tend to have a deep appreciation for personal development. They often possess a keen ability to recognize opportunities for growth and know that coaching is a path to level up in so many facets of life.

 

 

Excited to start your coaching side hustle? Here are your next questions to consider!

 

If you’re excited about possibly starting a side coaching business, we couldn’t be more thrilled for you. As you contemplate your next steps, here are a few things to consider:

 

Who do you want to work with and what kind of transformation do you want to help them create? Consider the qualities, challenges, and aspirations of your ideal clients.


How much time do you have available with your current commitments? How can you maximize your time to ensure you can commit to your coaching remote side hustle and provide the best support to your clients—without overcommitting yourself?


Exploring your existing network and community can be a valuable first step in finding your first coaching client. Who do you know personally or professionally that might benefit from your coaching services? How can you leverage your existing connections and networks to find your first client?


Building your skills and confidence is key to starting your coaching business on the right foot. What resources do you have available to you to help you get started?
 

  

This 3-day training gives you a solid foundation in coaching skills so you can confidently work with paying clients by the end.

 

Think of how valuable it would be to: 

learn 20+ coaching skills

practice your new skills with others

gain confidence in your ability to work with clients 

 

If this sparks your curiosity, then we invite you to explore the transformative experience of Coaching Fundamentals!

This interactive, immersive training program isn’t just about acquiring skills; it's about learning to create profound and lasting positive change, both in your life and the lives of others—and you can attend it in-person or virtually!

Not only will you learn to work with your catabolic and anabolic energy consciously, but you’ll also shake up your perspectives to see your world in a whole new light. It's more than just adopting a new mindset—it's about embracing a fresh, vibrant way of being. This 3-day live training will help you master new skills, build confidence, and begin paving your unique path forward.