There are a lot of coaches out there who aren't making much money...but that doesn't have to be you. To succeed, you need to solve a problem important enough that people will invest in a solution. Once you’ve done that, there are a few ways to monetize your expertise.

You can scale by creating a program to serve many people at once. You can become the go-to expert in your field and charge a premium for your time at a one-on-one basis. Or you can build a team of coaches, operating like a consultancy to leverage your time. However you grow, make sure you choose a business model you'll love.