To Go Solo or Not To Go Solo- The Pros and Cons of Each

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To Go Solo or Not To Go Solo- The Pros and Cons of Each

As a newly certified life coach, you've been wondering if it's better for you to join a group of life coaches or start your own life coach business. Ultimately, your choice depends on many factors, but especially on you. Know if a group setting will be more beneficial to you in the long run, or if you really thrive on the autonomy you'd enjoy by going it alone. The following pros and cons can help you as you make this important business decision.

Join a Life Coaching Group -- Pros & Cons

  • Pro: Access to group support, experience and wisdom.
  • Pro: Someone else worries about the business details.
  • Con: The group governs the decision-making process.
  • Con: You'll start off as the low person on the totem pole.

    • Start Your Own Life Coach Business -- Pros & Cons

  • Pro: You won't have to share clients.
  • Pro: The ability to have your hands in all aspects of running a life coach business.
  • Con: Lack of immediate support and guidance.
  • Con: Responsibility for business, marketing, finance and coaching tasks.

    • The Ripple Effect

    The decision you make will impact your colleagues and clients. Weigh the above pros and cons as you decide what's best for your future as a life coach. Reflect on the decisions you've made in the past and how they made you feel. If you've always thrived in a group setting, it might be best for you to at least start off as part of a life coaching group. You can always venture off on your own once you gain more experience. However, if you've always embraced the challenge of making things work on your own, a solo venture may be ideal for you.

       

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