What factors should be considered when looking at the financial investment in coaching?
Working with a coach requires both a personal commitment of time and energy as well as a financial commitment. Fees charged vary by specialty and by the level of experience of the coach. Individuals should consider both the desired benefits as well as the anticipated length of time to be spent in coaching. Since the coaching relationship is predicated on clear communication, any financial concerns or questions should be voiced in initial conversations before the agreement is made.
What is your time worth? Whatever hourly value (total annual income/1920 hours = hourly) the client brings to the table should be the minimum value of the coach’s time. In other words if your time is worth $ 145/hour then you should expect to pay a minimum of $290/hour for a coach.