Before we get deep into parenting coach pricing theory, I want to take a moment and remind us that there are an abundance of parents out there who need coaching. They may not know it yet, but what we have seen is that once coaches get going, they are able to find and help many parents. However, we find many coaches struggle at the start and spend too long ruminating on pricing.
Let’s unpack this…
'What to charge' is the age-old question for any business or profession. While there isn’t one simple answer, we are going to unpack the important elements to consider while we address what a parenting coach's pricing range might be for their practice.
How should you determine how much you can earn as a parent coach, think about how to set your rates in your business, and be able to project earning potential or goals for this incredible, fulfilling and flexible work?
Hold tight till the end of this article and I will share with you the very exercise I take our coaches through in Jai's parent coach business training to determine their individual rates!
Why does the salary for parenting coaches vary?
Some variable factors such as where you live, your level of experience and how you want to work with clients, can affect rates.
For example, what you charge when you have just completed your parent coach certification will not be the same as what you charge when you have more experience under your belt.
Likewise, different markets will allow for different rates. Clearly, if you choose to offer parent coaching to local clients in Los Angeles you will likely charge a different fee than if you are living and working in rural Louisiana.
The best part is—because of your ability to work virtually from anywhere, you are not limited to working locally!
These pricing strategies are all guidelines and not rules. If, like some of our coaches, you are coming from a professional field where you have an already established reputation, you may begin charging at a higher level than someone who is newly building one.
Some parent coaches have other professional designations prior to joining the field. They may be pediatricians, early childhood educators, psychologists, teachers, therapists, doulas or social workers. For others, completing the parenting coach certification might be their first time working in this industry.
Therefore, your initial rates may naturally vary initially according to your existing confidence, experience and networks—and your rates will continue to adjust with you as you grow.
How do I know what to charge?
I love this question and it is certainly one of the most frequently asked. As you know the answer can vary greatly—so when we work with our parent coaches to help them determine their rates, we walk them through this exercise to find two numbers:
"Ok, I get it… but what is the actual number range of earning potential for parent coaches?"
Let’s get down to actual numbers.
Our parent coaches are practicing all over the world. In their businesses they’re delivering everything from our 12 week ready-to-go program as soon as they graduate, to group offerings, to their own courses, membership sites and corporate offerings. The opportunities for you to take this work out into the world are only limited to your imagination!
Let’s stick to the most common offering where our coaches begin—offering individual sessions. At the upper end, our coaches charge up to $3500 USD for our 12-week transformational parenting program. We also have coaches in different markets offering it for a lower price that fits the economy and who they are serving. Somewhere between $1200 - $2400 for 12 weeks (generally a weekly one hour session) seems to be the widest average. Choosing to run an online parent coaching business will allow you to be more flexible with your rates in some cases.
When you’re just starting out, you want to make your initial 12-week coaching practice affordable, so that it’s easier for potential clients to say YES! This is especially true if you haven’t had your own business before. We recommend that new coaches start charging about $50/hour, making your price for our 12-week program $600. With just 6-7 clients under your belt, you’ll have earned your tuition back! (Exciting, right?)
Having a steady stream of clients and charging what works for the market you're in creates a business that allows you to love your life and enjoy all the freedom, fulfillment and financial benefits you hope for. The numbers matter, but they’re not the only consideration!
How can I earn the most as a parent coach?
If you are eager to do more, some of the ways you can increase your earnings as a Parenting Coach are:
What does this all mean for you?
Whether you’re looking to add a steady stream of additional income to your family for things like exciting vacations, looking to build an empire as a go-to parenting expert, or simply looking for deeply fulfilling work that allows you to create your own schedule and work as much or as little as you wish, becoming a parent coach is an incredible opportunity.
And don’t worry if your family life isn’t exactly picture perfect (or even if the challenges run deep) at the moment. One of the most incredible gifts that this work offers is that you get to go through this immersive transformation for yourself first.
You begin by learning all kinds of new perspectives, scientific research, skills and revolutionary approaches to raising children that transform your family first. It’s all done in line with your personal values, beliefs and specific desires for your children and your life as a parent.
If you feel called to do this kind of work, I invite you to check out this video about all this rewarding career has to offer
here.
Meet Your Author, Katie Owen
Jai Business Coach & Marketing Mentor
As a former practicing therapist turned copywriter and marketing strategist, Katie is passionate about the intersection of marketing and mindset. Katie embodies the practices of taking the simple actions, consistently over time, that create epic results.
A master storyteller, Katie works with our coaches to refine their message, increase their visibility and get clients!
KEEP READING:
The Jai Institute for Parenting. All Rights Reserved.