The life coaching industry has exploded recently, with an expected market value of 6.25 billion in 2024. It’s one of the fastest-growing industries in the United States – for good reason.
In an era of uncertainty, life coaches help people navigate their biggest challenges, set goals, overcome obstacles, and achieve their dreams.
Life Coaching Industry
Though people have been coaching others since the dawn of civilization, the industry formally began in 1995, when professional coach Thomas Leonard started the International Coach Federation (ICF) as a professional network of coaches.
Over the past 30 years, the industry has morphed into a global giant, with nearly 150,000 active life coaches helping clients achieve their goals.
People from all walks of life hire coaches to guide them. Coaches can help clients find their purpose, live their values, and accomplish their goals.
Corrie Duffy, owner of Corrie Cooks, sought guidance from a life coach when he felt stuck in both his personal and professional life. …