From the un-certified executive coaches point of view, the process of executive coaching certification is useless. The author of this article takes a group of coaches who have an established method of coaching and getting new clients that’s doubling their results every 30-90 days.
I don’t know about this group in particular, but I know two business coaches, one of them is certified and the other is his student but not certified. The certified one makes $25,000 per client a year, and the student makes $100,000 per client and 50% of the extra profit he will generate for the company from that point on.
However, those two are top coaches and their results are not typical. And if you ask me I would get the executive coaching certificate just to make sure I know what other coaches know even if I am not going to use it.
Enjoy the article and decide on your own.
During a conference call of a mastermind group of 30 professional business coaches and consultants, who had all been coaches for over 5 years, the discussion turned to the “coaching certification” process for coaches. What was interesting to note is that this mastermind group was unusual in that everyone had surpassed the industry average of making more than $20,000, exceeded 10 paying clients and 1/3 made more than $100,000. (Source: Stephen Fairley, author of Getting Started in Personal and Executive Coaching) And the real kicker was not one of those on the call had ever been asked for their coaching credentials by their clients. If the subject of credentials came up, it was always by another certified coach. Interesting given that no one within this group was a “certified coach.”
With the continued growth of this billion dollar plus industry, it appears that innovative individuals have decided to provide opportunities for those who wish to become coaches and by offering a certification process. NOTE: A recent quick Google search of the Internet revealed 215 coaching schools (Source: http://www.peer.ca/coachingschools.htm
Good for them! After all being certified automatically means that you are more credible and can deliver better results? Of course if this was true, then why do most coaches (53%) make less than $20,000 a year?
Possibly, the answer is a lack of a proven process not to mention some poor small business practices. Certification programs may offer the techniques and some tools, but do they have a proven history that consistently demonstrates securing results for their clients? I doubt it given that the majority of coaching schools are relatively new and even established traditional universities that offer executive coaching programs are new to this field.
If you are thinking about becoming an executive coach, do your research. Before you spend thousands of dollars on that coaching certification program, ask the following questions:
- Do over 60% of your certified coaches make more than $50,000? (Note: For this mastermind group, this is anywhere from 10 to 15 minimum clients per year.)
- What type of results do their clients receive? (Note: The process that this mastermind group uses generally doubles results in 30 to 90 days.)
- Can the same process be used in a variety of industries? (Note: This mastermind group has coached individuals including a U.S. Senator, Fortune 500 executives, high school and college students, small business owners and housewives. The industries range from manufacturing to high technology.)
- Do proven, high quality tools support the process?
- Are testimonials available from both graduates and clients?
- How long has the coaching school or company been in business? (Note: This mastermind group uses a company with a 25 year proven history.)
Executive coaching is a rewarding career. Just be careful that you don’t reward others before you understand the dynamics within the explosive field. You just may be paying for something that is not necessary and putting your hard earned dollars in someone else’s pocket.
Leanne coaches individuals, small businesses and large organizations to double performance in warp time. She is a national speaker on performance improvement from youth to adults. Please feel free to contact her at 219.759.5601.
If you truly don’t believe doubling your results is possible, read some case studies where individuals and businesses took the risk and experienced unheard of results.
One quick question,if you could secure one new client or breakthrough that one roadbloack, what would that mean to you? Then, take a risk and give a call at 219.759.5601 to experience incredible results both personally and professionally.