That's a powerful question many aspiring trainers and coaches have in their mind. Can I follow the passion of my life and still be financially strong? Can I make money while helping people? Is it wise to quit your current job start your Coaching or Speaking Business? Well The answer to all these question is this - YES, YOU CAN! :-)
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First let us put things in a clean manner. Training, Coaching and Speaking are 3 different verticals. You may sometimes add Consulting to this Business Line. Trainers are hired to deliver a transformational content to a group of employees, a group of clients or generally a public gathering. Coaching usually involves single or very few clients seeking your service for a highly specific goal. It is more narrowed version of Training. Coaching can be pricey and that is usually a wealthy option for a teacher. Third, Speaking positions the teacher or messenger as a brand, delivering a particular transformational message. It is kind of reverse model of training...
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