Larkland Morley’s Professional Blog

One of those quick blog but this can be a serious topic. There are many seminar providers out there including big names that keep saying you need to get rid of your job to be totally free to do what you want. I find this approach to be non-sensical. In fact to the point where I am seeing people who were once business people refusing to get a job to provide for basic living expenses. what’s the point if you have no money?

On the other hand, you may not be doing the right thing of approaching work blindly either. You can definitely make a good living from work once you plan your course accordingly. Remember making $300K or more a year in a job would come without the issues of managing or worry about a business. That’s one side to it.

If your goal is to stop working at some point before the typical retirement years, then maybe you would approach it in terms of how you could invest your savings or time in a way to realize that outcome. Basically, people would call this approach passive income generation. This could be done in many ways which could take several blog posts.

You only need to change what you are doing if you feel dissatisfied with the current situation. Don’t tell people they are stupid for not wanting to pursue some weird business building venture which most time is just an extension of those Gurus Ego.

The bottom line is that setting goals in life is important regardless of how you want to achieve them. Now in terms of performing at your peak, its important to find out what you really like to do and then work would not be a burden as it can be. This could mean trying different positions or changing companies etc.. Try not to get into a situation where you are only working because you have to pay the bills. This can be a lose-lose situation as you are not really into what you are doing but wanting to make sure you have an income.

You need to have some burning desires in life and that should drive what you decide to do.

Look out for an updated blog post on Peak performance coming soon..

I was reading the other day and ran into one of those life coaching programs. It was going for less than $1000.00 and you get certified by taking an exam which makes you a certified professional Coach. Immediately you could have a business around that.

Coaching, life or business is an interesting field and can apply to any specific area of specialty. It could be an Engineer who would like to be a Manager or Someone that wants to achieve a certain level of wealth or even to lose weight. The coach is basically not necessarily the expert in the profession but that person will help an individual to set goals and actions to achieve them. The coach would also follow up on milestones and ensure that the individual stays on track or recommend recovery options.

Now, lets look at how this could work for you.  Here are the points I recommend to decide on this.

1. Interest – Do you like working with people and help them to succeed at whatever? do you have an area in life that you are passionate about? Then life coaching could be good for you in that context.

2. Research – Do some research on what life coaching really is. I am sure there are both books and lots of blogs and websites about this. Try to understand whats going on in the industry for your education.

3. Certification – Once you have an idea that you really want to do this, the best option is to pick a Certification program. My personal approach is to put them into a comparative spreadsheet then make a decision based on your comfort level. As mentioned earlier, there are several for less than US$1000.00 out there that looks rather reputable. This will also help with your marketing as well.

4. Business Setup – Once you complete the course and exam or even during that process, you could form a business entity to manage this overall business. You can look at several options such as LLC, C-Corp, S-Corp or a Non-Profit Structure. I personally believe once you start to deal with the public its good to formalize a business entity for many reasons. This should cost no more than $500 in most states with the required elements.

5. Marketing – Most of the certification programs do offer help in this arena and in fact some of them have memberships so you can ask for advice along the way. The best approach is to start with friends and you can even do it for free in order to build your reputation. Make out time per week to meet potential clients and other related activities. You would also need to have a pricing structure depending on how you plan to offer the service. For example you could do one-on-one approach or use group options. With the Internet, you could offer your service anywhere and have sessions online with free tools like Skype and others.

Overall, I think life coaching is a good low cost business venture to look at for anyone at any level. You could be seen as someones personal assistant at the low end or at the high end being the expert in the profession of choice to really help others to reach the top of their potential.