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WAHM > Stay at Home Mom Work Ideas > Selling a Service > How To Become a Wealth Coach 

How To Become a Wealth Creation Coach

What is wealth?

Is it the accumulation of money or cars or houses or assets in the bank?

Is there a difference between being “rich” and being “wealthy”?

As a wealth creation coach, it will be your job to figure that out for your clients.

 

Here’s something to think about: Everyone who is wealthy might be rich, but everyone that is rich is not wealthy. Having riches is a matter of having much money. Being wealthy is a mindset that can lead you to the creation of more wealth.

If you have learned to manage your finances and leverage that income into more income, then you may have what it takes to become a wealth creation coach. One thing that most people want is to be financially independent. No one wants to live paycheck to paycheck.

They don’t realize that they can start from where they are and create wealth instead of trying to build a certain dollar bank account and then feel qualified to build wealth. 

How can you get started?

As a wealth creation coach, you will be inspiring others to create strategies in their lives to help grow their net worth. As such, experience in saving (personal and working for others), investing (in stocks, real estate and other arenas) and building strategies that have worked for you.  

One skill that is also an asset is teaching ability. Can you take what is in your head and convey it simply and creatively to others so that they can do the same? Your merit as a wealth creation coach will be tied to not only your advice, but how well others can turn that advice into wealth for themselves. 

Some of you are walking around with all of these qualities and don’t even think that you could be teaching others. You give away advice to friends and family for free, but how about using that as a business idea and increase your own wealth? 

The first step with any online or offline business is to conduct your due diligence. As a person who has created wealth, you have done much of that already. Your wealth has grown through a change in your mindset (your way of thinking about money), your network of contacts and your avenues to create wealth. 

What will you teach with your business?

Before you can teach others and start your business, discover where your knowledge lies and how you can convey that to others. Will you offer one-on-one coaching, written materials, CDs, audio products or something else? Knowing your “niche” will drive your website traffic and the type of clients that you will attract with your business. 

Building wealth is about taking the steps necessary to put you in a position to take advantage of opportunities that will bring you multiple streams of income. As a wealth creation coach, your business success will depend on teaching others to do what you have already done. 

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