How to become a successful business coach?

Table of Contents

How to become a successful business coach
Are you running a start-up, small or medium business, or a large-scale organization? If yes, then business coaching is for you to achieve your goals and maximize your team’s potential.
”A Business Coach is a professional who supports, educates and motivates business owners. They provide support for a company’s vision, growth and goals”.
Irrespective of the size or scale of the business, if you are a business owner or entrepreneur, this is meant for you. Let’s learn about the what, how and why of business coaching and if it is the right pathway for you.

What is Business Coaching?

  • Business Coaching is a proven process for helping entrepreneurs, and business owners jump to the next business growth level.
  • Business Coaching concentrates on helping entrepreneurs substantially grow their businesses by spending more time on the activities they love to do and are best at.
  • Business Coaching is a process used to take a business from where it is now to where the business owner wants it to be.
The business coaching process may take different forms (e.g., individual or team coaching) and involve different goals (e.g., problem-solving, career and succession planning, leadership/executive development, and creation of high-performing teams), but throughout, there is a clear focus on the business objectives of both the client and the organization.

Who Is a Business Coach?

A business coach is a professional who contributes to the growth and success of a business of any scale – small, medium, large, start-ups or organizational level companies. They play a crucial role in developing a long-term strategic business plan using various tools and techniques to improve and scale businesses.
Business coaches also contribute to helping clients identify their strengths and weaknesses, develop actionable strategies and hold them accountable. They extend their support by giving feedback throughout the process.

What is Business Coaching? Hear from an internationally recognized and certified Coach, Hemant Lawanghare , Founder of MasterMyLife

Business Coaching Process

Business Coaching is a highly customized process, designed keeping in mind the following primary factors:
  • Entrepreneur’s mindsetEntrepreneur’s mindset
  • Shareholder’s risk-taking ability
  • Current Status / Score Card of the organization
  • Organizational vision and goals
  • Business Plan
  • Organization Capability
  • Organization’s need for each function & process
The above factors answer many questions, which easily help design the basic coaching process and help determine the direction we wish to set for the organization.

Who can become a Business Coach?

As said above, if you are a business owner, you are a perfect fit to become a business coach. The coaching education program, such as Global Coach Certification Program (GCCP) enables you to contribute to your existing business and see the results you envision. Eventually, it also enables you to become a coach to other businesses. Here are some traits of a successful business coach:

Industry Expertise

Experience in your consulting field gives you a competitive edge and establishes a strong credential for you. It helps you guide your clients in the right direction by giving resourceful and valuable insights.

Scope of Business Coaching – Understanding Entrepreneurial Mindset

Strong Communication Abilities

Effective communication is important for every individual, and the same holds for a coach. Business coaches must speak effectively to understand the client’s requirements and goals and offer advice and support.

Active Listening

Being an active listener is crucial for a business coach, which translates to listening intently to your client, comprehending their words and asking the right questions.


Effective business coaches must be able to connect with and comprehend their clients’ viewpoints. Emotional intelligence and empathy are strong suits.

Coaching Abilities

The ability to help in setting goals, creating and working on action plans, and imparting accountability factors is important.

Strong Problem-Solving Abilities

Business coaches must be able to guide their clients through difficulties and enable them to come up with solutions for difficult issues.

Continuous Learning

Businesses are constantly evolving and have to keep up with the changing times. A good business coach understands the need and demands of the hour and invests in learning and overall development of their personal and professional lives.

Did you know?

The business coaching industry is a rapidly growing sector, with the global market size valued at $11.6 billion in 2019 and projected to reach $20.9 billion by 2030. The industry has seen an impressive CAGR of 5.5% from 2020 to 2027, indicating that it will continue its growth trajectory for years to come.

What Specializations are Available to a Business Coach?

Business coaching is a broad field and applies to various professions, industries and verticals. You may choose to specialize based on your interest, expertise and goals. These are some categories of business coaches:
  • Executive Coach
  • Career Coach
  • Sales coach
  • Marketing Coach
  • Small Business Coach
  • Performance Coach
  • Leadership Coach

Why should You consider becoming a Business Coach?

Becoming a business coach is a rewarding and fulfilling career for those who truly want to contribute to those around them and help them reach their true potential.

Contribute to others' success

As a business coach, you play an important role in guiding businesses towards growth with your expertise.


Being a coach offers you the flexibility of time and location. You can balance life and work and find time to do what you love and be with the people you love.

Personal and professional development

Continuous learning and development is a crucial part of being a business coach. During your journey, you are exposed to various challenges contributing to your expertise, knowledge and skill. It is also an opportunity to grow as an individual.

High demand and financial potential

It’s the era of businesses and entrepreneurs, and the need for business coaches is only growing. Businesses of all sizes – established and starting – require proper guidance to grow, sustain and thrive. The potential is promising.

Do you need a business coach certification?

For a business coach to succeed and have a thriving, in-demand practice, credibility is important. Doing a certification program directly adds to your credentials and establishes a strong authority.
There are several certifications out there, and it’s essential you do a business coach certification program from an internationally recognised institution. You stand out from the rest, be a part of a global community of coaches and mentors and increase your reach of having a global presence.

A certification program, such as the Global Coach Certification Program by MasterMyLife, will nurture you and equip you with all the necessary skills, knowledge, tools and models.

How to earn your business coach certification?

Choose Your Niche

Decide the aspect of business coaching that most interests you and in which you are the most knowledgeable. The subject matter could be anything you are enthusiastic about, including management, sales, marketing, or finance.

Develop Your Coaching Skills

To be a good business coach, you must have excellent coaching skills, including active listening, asking thought-provoking questions, and offering helpful criticism. Enrolling in a coaching program will equip you with all the necessary skills and tools.

Obtain Certification

Getting certified as a business coach by a recognised organization like the International Coaching Federation (ICF) or the Worldwide Association of Business Coaches (WABC) will help you build your business coaching practice and have a global recognition.

Develop Your Network

In the field of business coaching, networking is crucial. Participate in industry gatherings, network with other instructors, and develop connections with prospective clients.

Promote Your Services

To draw in new clients, have a strong online presence through your website, social media accounts, and other marketing platforms.

Going through each of these processes can be daunting. MasterMyLife, a globally recognized institute, guides you from the beginning to providing support in establishing your business. Talk to our clarity coach who will guide you through the process and help you find the right coaching pathway for you.

Even if you do not take up coaching and want to keep running your business, coaching will help you manage the business very well.

Choosing a coaching specialization involves gaining a lot of clarity. Have more questions? Have a Clarity call with Expert Coaches

MML is an advanced learning and development ecosystem that supports people aspiring for:

career growth | career transition |  career risk management |  financial stability |  work-life balance |  development of life and leadership skills | self realization & spiritual growth

MML provides solutions and support to the growth of people who are looking for:

Executive coaching |  career coaching |  leadership coaching | business coaching | life coaching | relationship coaching | mindfulness coaching | health & wellness coaching | spirituality coaching | team coaching

We have a global community of 2,000+ coaches who are successful and happy in their personal, professional, and spiritual journeys.

Pro Bundle Rs 3999
6 workshops

[contact-form-7 id="41247" title="Woo 6 workshops User Details Form"]

MasterMyLife ICF CCE MasterClass Workshop

[contact-form-7 id="35538" title="Get Brochure Masterclass Form"]
Deepak Varma
Founder and Director

Deepak Varma is the creator of the accredited diploma in Speakology™ program. An Ikigai™ Coach, Deepak is a renowned keynote speaker and also a healer who has developed the healing technique, “Healify” which taps into the subconscious of the individual to holistically heal his clients. His free e-book on Ikigai can be downloaded at

He has conducted more than 3000 workshops across 10 countries, trained 35000+ individuals from more than 75 organizations. He has authored the best selling book “The Joyful Quotient” in 2019. Deepak is a master Udemy trainer with 4000 students, and growing every second, spread across the globe. He is also the co-founder of Entrepreneurs International, a learning and networking platform with executive members from 30 countries across the globe.

His Free and Paid learning courses can be viewed at

Associated with MML : Faculty Member
Organization Name : Technospirit Consultancy
Focus Area : Ikigai™, Speakology™, Healify

Anita Sachdev

Anita Sachdev is an Intercultural consultant, leadership coach and a thought partner A globally seasoned business professional and an Award Winner ICF-PCC certified coach. Anita’s versatile leadership experience spanning over four decades across multiple industries, countries, and cultures to enable coachees to bust through their mental blocks and transform them into dynamic, confident decision makers. Besides coaching business leaders, I support clients during life transitions, ignite ambition, and propel growth by freeing  their minds to boldly embrace new opportunities with unwavering certainty.  My  group coaching programs support “Career Pathfinders” and Women to “Step into the Spotlight” have gained global recognition.

Associated with MML : Faculty Member/ Coach
Organization Name : I’ve Made it
Focus Area : Executive, Leadership and Career Coach, Cross Cultural Cultural Consultant

Masters in Emotional Intelligence & Human Relations

Become a future-proof professional with a 2 years professional masters degree.

Download Brochure of
Masters in Emotional Intelligence
& Human Relations

[contact-form-7 id="30912" title="Get Brochure MEIHR"]

Get in touch

Masters Degree in Emotional Intelligence & Life Coaching

[contact-form-7 id="34384" title="Get Brochure EILC"]

Download the ICF CCE Certification Program Brochure to know how to start your journey!

[contact-form-7 id="35627" title="Get Brochure ICF CCE Emotional Form"]

Basic Rs 999
1 workshop

[contact-form-7 id="41227" title="Woo User Details Form"]

Download Brochure of
Certification Program

[contact-form-7 id="35648" title="Get Brochure ICF CCE NLP Form"]

Download Brochure of
Positive Psychology Coach
ICF CCE Certification

[contact-form-7 id="35665" title="Get Brochure ICF CCE PP Coach Form"]

Download Brochure of
Positive Spiritual Intelligence
Coach ICF CCE Certification

[contact-form-7 id="35673" title="Get Brochure ICF CCE PSI Coach Form"]

Request A Quote

[contact-form-7 id="36993" title="GCCP Request Quote Form"]

1 Workshop

International certification by ICF

MML Logo

This site uses cookies to offer you a
better browsing experience.