Here is the fact: Many people who train as a Laughter Professional with a reputable organization add several $1,000s to their annual income. Many of our own students do so, helping their own clients of all ages to laugh to “live fully until they die” in a variety of social, professional and corporate settings.
Here is the catch: For them laughter is an extra revenue stream. It’s not their sole source of income.
The unpleasant truth is that very few people in the world manage to have a full time career as a laughter professional “that pays the bills and hopefully more.” Many have tried and keep trying, but you cannot stay at survival level forever when you have a family.
Being self-employed is not easy in any field of activity. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. Relying on yourself for your income is a very different ballgame from receiving a monthly check, rain or shine. Nobody will come come running after you just because you have learned something that’s truly amazing. Are you ready for the challenge?
Is it possible to speed up the process? Yes, of course.
There is lots of value in having an experienced business coach, but select yours carefully before you commit money to the relationship. You will duplicate the experience of whoever is coaching/mentoring you, so (1) make sure that it’s something worth duplicating and that they have a proven track record, and (2) get a clear picture from them on what you will need to do to succeed commercially following their expert advice. You might not be willing/ready to invest the necessary dedication/time to this project.
Ask how many paying presentations / trainings / clients they themselves have had or have helped their students to have in the pasts 12 months (“many” and “lots” are not a number, and what they did years ago is now outdated). Also ask what gross and net income this actually generated (“5 digits income” is too vague. $10k is not the same thing as $90k). In short: Your proposed business coach does not need to be a good salesperson or a great public speaker themselves, but if they are not then they do need to have a proven track record helping others be that.
I do work as a business coach myself and offer a free 15-minute consultation to get to know each other and find out if we are a good fit.
Here is my default advice: don’t plan on quitting your full time job just yet. Start somewhere and build from there.
Gain some expertise both facilitating laughter interventions AND as a public speaker. There are many groups in every community that are constantly looking for free speakers (I firmly believe that you will only be able to start calling yourself a Laughter Professional after a minimum of 50 hours of hands-on practice).
Get comfortable selling. One way to learn that skill for free is to volunteer doing fundraising a few hours per week for a local widow’s and children’s fund until you are not afraid of knocking on doors and be rejected anymore.
Educate yourself on how to best market and sell a service. Lots of good books have been written on that topic. (See a suggested link below.)
Remember that there are no mistakes, only learning curves.
In short: go out and do something now. Learn to plan, implement and review, then do it again.
Practice, be patient, persevere and do not spend your savings on trying to make this work unless it’s a life-commitement for you and you are willing to accept the possibility of not seeing that money back for quite a while.
Here are resources you should study:
Success to you!