Business Ideas For 2021 – Personal Online Coaching & Consulting

Looking for business ideas for 2021? There will be many business ideas for 2021 but one that is a great idea is personal online coaching and consulting.

Hi Trish Davies, here, personal coach to digital entrepreneurs and personal branding expert. Now you have visited this webpage because you are looking for business ideas for 2021.

You may have seen lots of opportunities online or maybe this is the first option you have come across. Historically this is the time of year that individuals are looking for ideas to earn an additional income or totally replace the one they have.

There is a saying “out with the old and in with the new”. Now that could apply to the year or maybe you are looking for a career change. A career change that has been forced upon you due to the pandemic that has taken over2020.

Alternatively, you may be in position where the time is right to explore other options, a new direction, a new path. Whatever the reason you will find plenty of information on how to start a new business going into 2021.

Business Ideas For 2021 

business ideas for 2021

Anything from eCommerce, freelancing, advertising, marketing, service-based businesses there will be opportunities. While all of those are still great options I want to focus on a specific sector that is currently exploding in popularity.

The eLearning industry is one of the biggest opportunities that you can enter relatively easily. The industry is projected to be worth $375 Billion by 2026 according to research from Global Market Insights.

We are just about to enter 2021 so that gives you 5 years to position yourself as an online coach and consultant. In that 5 years and beyond you could potentially take a very small piece of that pie and create a lifestyle of time and financial freedom.

As an online coach and consultant, myself, I know full well how exciting and rewarding the industry is. I see it every day through my corporate training busines and my personal coaching business.

The impact that the information I share has on people’s lives. The breakthroughs individuals have in their personal development and businesses is mind-blowing and gives me enormous satisfaction. It’s a great way to earn a living!

The Benefits To Becoming An Online Coach 

online coaching business

There are many benefits to becoming an online coach, but I have highlighted the top 5 listed below.

  • Monetize Your Knowledge
  • Leverage Time & Automation
  • Work From Anywhere
  • Cost Effectiveness
  • Attract A Global Audience

Monetize Your Knowledge 

Individuals are crying out to learn what you know and to hear about your experiences. Over time you have amassed high levels of knowledge and skills which when combined are solutions to individuals problems.

You monetize that knowledge through providing many resources in multiple formats. Things like eBooks, video courses, mastermind sessions and one on one consultations.

What you then do is combine all these formats into an online training package which can be delivered through online platforms.

Leverage Time & Automation 

There is only so much time in a day although I am sure you are like me and wish for just a little bit more. I would imagine you are very busy but through leveraging technology you will get some of that valuable time back.

I mentioned online platforms just a moment ago. These platforms help automate the delivery process for your content and training material. Right from the selling process, payment processing and delivering your products and services.

This enables you to focus your time and efforts into income producing activities such as advertising and marketing.

Work From Anywhere 

working online

The ability to work from anywhere is one of the biggest benefits from being an online coach. Safe in the knowledge that your material is being delivered automatically you can take your business wherever you want.

Right from the local coffee shop to far flung exotic locations you can run your business. The only proviso is that you have an internet connection. As long as you have that then you are good to go running your campaigns and when necessary conducting your one on one consultations.

Imagine having no geographical ties and the flexibility and freedom that gives you!

Cost Effective 

Positioning yourself as an online coach and consultant requires very little financial outlay. No premises, stock, shipping, staff and all the other expenses that are entailed when running a more traditional business.

You have most of the tools already such as a computer, laptop, iPad, and smartphone. Additional costs of hosting and delivering your content are minimal due to the high profit margins you will have regarding your products and services.

Attract A Global Audience 

Because the nature of your business is done through digital platforms you are not restricted geographically for your customers. The internet enables you to reach all around the world to attract customers who want what you have to offer.

Once you know the strategies behind advertising and marketing you locate your customers with pinpoint accuracy. I know the power of this first hand as within my Build Your AU mastermind program I have members from Australia, USA, Europe and Asia.

How To Build Your Coaching & Consulting Business 

build your au

You can see the benefits from having an online coaching business but how can you build it? My Build Your AU training programs are designed to help you with every stage of building a profitable online coaching business.

I have developed a unique process to extract everything you need from within you yourself. Tapping into your potential, what you are good at, what you know and then delivering it to your ideal audience.

Within just a few short months you could have your own online coaching business up and running. Solving peoples problems, adding value to them, and making a life changing impact on their lives.

Want to know more about the process? Click on the button below to see the process in action. I have a video series of previous mastermind sessions with my members. Within that series you will see how I help my members develop their coaching businesses. This could be you so click the button below now and register for the video series.

build your au mastermind video series

Online coaching and consulting is one of the best business ideas for 2021 in my opinion. I know that my own coaching business will see exponential growth next year due to the demand for my products and services.

My Build Your AU members will also see that exponential growth in their coaching businesses. I have no doubt in that and hope that you will enjoy the same success. All you need to do is take action. Register for the video series and you will see how big an opportunity this is. The time to jump on this wave is now!

Helping you build your authenticity, authority and audience.

Trish Davies

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Build Your AU