Curated Business Ideas

96. MENTORING AND COACHING - Jack’s Digital Business Collection - Digital Business Ideas - Digital Entrepreneurship - Digital Entrepreneurial Ideas - Jack Lookman Limited - Rita Nnamani - Jack Lookman - Olayinka Carew - Entrepreneurial Ideas - A Collection Of Digital Business Ideas - Digital Entrepreneur - Ola Carew - Amebo - Empowerment and Inspiration - Empowering And Inspiring Generations

Mentoring and coaching have developed from traditional one-on-one sessions to dynamic internet companies affecting millions across the world. With technology advancements, rising desire for personal and professional growth, and the democratisation of learning, anyone with skills can now mentor or coach others from anywhere on the planet.

96.1. Benefits of the Business

1. Global Reach: Serve clients from anywhere in the world, breaking down geographical barriers.

2. Flexibility: You can work from anywhere, establish your own hours, and choose your clients.

3. Low overhead costs: Unlike brick-and-mortar enterprises, digital tutoring requires little initial investment.

4. Scalable Impact: Mentor hundreds of people using digital resources such as webinars, courses, and memberships.

5. Personal Fulfilment: Assist others in achieving their goals while witnessing real-time transformations.

6. Multiple income streams include one-on-one coaching, group coaching, eBooks, online courses, and speaking engagements.

7. Evergreen Content: Pre-recorded courses can generate passive income for years.

8. High Demand: There's increasing demand for support in business, wellness, career development, mindset, and leadership.

Jack’s Curated Business Ideas

96.2. Budget

• Branding and logo: ₦15,000 – ₦40,000 ($10 – $27)

• Website setup: ₦40,000 – ₦150,000 ($27 – $100)

• Zoom/Google Meet tools: Free to ₦75,000/year ($0 – $50/year)

• Marketing and ads: ₦30,000/month ($20/month)

• Course platform fees (Teachable, Kajabi, etc.): ₦45,000 – ₦150,000/month ($30 – $100/month)

• Social media tools: ₦15,000 – ₦30,000/month ($10 – $20/month).

Estimated monthly budget: ₦100,000 – ₦300,000 ($67 – $200).

Curated Business Ideas

96.3. Business Potential

• The coaching industry was valued at over $20 billion globally in 2023 and continues to grow annually.

• With increased focus on mental health, personal development, entrepreneurship, and remote career coaching, this industry is experiencing unprecedented demand.

• Sub-niches like life coaching, career coaching, business coaching, executive coaching, and mindset mentoring have specific markets that can be monetised at scale.

Book A Chat With Jack Lookman

96.4. Cost Implications

Recurring costs:

• Subscription platforms: ₦20,000 – ₦100,000/month ($13 – $67)

• Email marketing: ₦15,000/month ($10)

Paid ads: Variable (₦30,000 – ₦150,000/month or $20 – $100).

One-time costs:

• Laptop: ₦350,000 – ₦700,000 ($230 – $470)

• Webcam/mic: ₦50,000 ($33)

Branding materials: ₦40,000 ($27).

Business Collaboration With Jack Lookman

96.5. Funding

• Bootstrapping: Many start with personal savings or side hustles.

• Grants: Look for digital entrepreneur grants from platforms like Tony Elumelu Foundation (Nigeria), Youth Enterprise Fund, etc.

• Crowdfunding: Platforms like GoFundMe or Kickstarter for course development.

• Microloans: Local fintech platforms or business microfinance banks.

• Coaching partnerships: Some course creators allow white-labelling for a fee or commission-based arrangement.

Profit Sharing Formula App

96.6. How It Works

• Determine your niche (business, life, job, relationship, etc.).

• Increase credibility by showcasing your experience, testimonials, and credentials.

• Select your preferred delivery method: Zoom, WhatsApp, webinars, or recorded courses.

• Set price structures for per-hour, monthly retainers, and group sessions.

• Promote yourself through social media, email newsletters, SEO, and networking.

• Onboard clients by automating the process with CRM tools or booking platforms.

• Provide service through continuous, targeted, and impactful mentorship sessions.

• Scale includes group programs, affiliate collaborations, and online courses.

Jack Lookman’s Courses

96.7. Impact

• Empowers people to gain clarity, increase productivity, overcome mental blockages, and launch professions or enterprises.

• Increases job opportunities through team expansion.

• Encourages information exchange and worldwide collaboration.

• Empowers marginalised voices, such as widows, young people, and rural professionals.

Our mission is to Empower and Inspire Generations by leveraging the Internet

96.8. Key Players in the Industry

• Tony Robbins – Peak performance coach

• Marie Forleo – Business and life coach

• Jay Shetty – Purpose coach with a strong digital brand

• Lisa Nichols – Empowerment and mindset coaching

• Ajit Nawalkha – CEO of Evercoach

• Iyanla Vanzant – Life coaching and spiritual growth

• Steve Harris – Life and business strategist

• Bankole Williams – High-performance coach

• Toyin Omotoso – Digital marketing coach

Jack Lookman

96.9. Marketing

• Use social media platforms like Instagram, Facebook, YouTube, and TikTok to share transformation stories and tips.

• Email Campaigns: Create and nurture a list.

• Create a blog, podcast, or YouTube channel.

• Webinars and free challenges: Lead magnets for recruiting prospects.

• Affiliate Programs: Allow others to promote your programs.

• Testimonial videos demonstrate social proof.

• SEO is the process of optimising your website and content for visibility.

Jack’s Basic Affiliate Marketing Course

96.10. Monetisation

• One-on-one sessions (₦10,000 – ₦100,000 per hour / $7 – $67)

• Group coaching (₦30,000 – ₦150,000 per group cycle / $20 – $100)

• Courses (₦5,000 – ₦200,000 / $3 – $133)

• Digital products – eBooks, templates, journals (₦2,000 – ₦30,000 / $1.30 – $20)

• Membership communities (₦5,000 – ₦25,000/month / $3 – $17)

• Corporate training and speaking (₦100,000+ per session / $67+)

Profit Sharing Formula App

96.11. Potential Income

Monthly income depends on strategy:

• 10 clients at ₦20,000 each = ₦200,000 ($133)

• 2 group programs at ₦50,000 each = ₦100,000 ($67)

5 course sales at ₦10,000 per registration = ₦50,000 ($33).

Total monthly potential = ₦350,000 – ₦1,000,000 ($230 – $670), scaling even higher over time.

Being Organised

96.12. Requirements

• Expertise or life experience

• Soft talents include empathy, communication, and listening.

• Laptop, Internet connection, and camera

• Online presence (social media, website, and Zoom)

• Time commitment and consistency.

Optional certification in coaching (ICF, NLP, etc.)

Jack’s Mentoring 101

96.13. Research And Development

• Conduct regular surveys and polls to understand client wants.

• Invest in innovative technologies (AI-powered note-takers, analytics).

• Analyse rivals' programs.

• Evaluate pricing and delivery methods.

• Track trends such as emotional intelligence, DEI, mindfulness, and career reinvention.

Jack The Mentor - Mentoring And Coaching

96.14. Scaling

• Launch online courses or academies

• Start a coaching agency with junior coaches

• Write books, create mobile apps, or podcasts

• Host live events or retreats

• Collaborate with corporates or governments for structured programs

License your training material.

Jack’s Undergraduate Empowerment

96.15. Signposts

• 1–3 Months: Build presence, get 2–5 clients

• 4–6 Months: Launch your first group program or course

• 6–12 Months: Consistent income, build automation

12+ Months: Hire virtual assistants, scale internationally.

Jack’s Curated Business Idea

96.16. SWOT Analysis

Strengths:

• Low capital

• Flexible and scalable

High satisfaction rate from clients.

Weaknesses:

• Requires consistent personal branding

• Can be mentally and emotionally draining

No instant results; takes time to build trust.

Opportunities:

• Rising global mental health and career development needs

• Untapped niches in developing countries

Opportunities to partner with schools, NGOs, corporations.

Threats:

• Market saturation

• Scepticism around unregulated coaches

Technology disruptions if one isn’t upskilling.

Jack’s Life Lessons For Teenagers

96.17. Target Audience

• Entrepreneurs and small business owners

• Career professionals needing direction

• Graduates seeking employment or purpose

• Stay-at-home moms and single parents

• Leaders or managers developing soft skills

• Young people interested in self-awareness or personal growth.

Marital Food For Thought

96.18. Niche

Choose one niche to stand out:

• Life Coaching: clarity, mindset, healing

• Business Coaching: startups, marketing, scaling

• Career Coaching: resume writing, interview prep

• Relationship Coaching: dating, marriage, parenting

• Faith-based Coaching: spirituality, purpose

Health Coaching: wellness, weight loss, mental fitness.

Submission, Gratitude, Faith and Hope

96.19. Training and Development

Formal Certification (optional):

• ICF (International Coaching Federation)

• Robbins-Madanes Training

Udemy or Coursera courses on coaching techniques.

Personal Growth:

• Read books like The Prosperous Coach or Co-Active Coaching

• Attend webinars and summits

• Join coaching communities (Facebook groups, WhatsApp networks)

Practice via peer coaching.

Jack Lookman’s Courses

96.20. In conclusion

The digital mentoring and coaching industry is both profitable and useful. It enables people to use their knowledge, expertise, and empathy to impact the lives of others while also developing a successful business. Whether you are a graduate, career changer, retiree, or entrepreneur, this is your chance to make a difference in people's lives, work on your own terms, and earn money from around the world.

Thank you very much to all our readers. You are much appreciated.