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He describes today's coaching marketplace as "the wild, wild West." Echavarria says, "Very few of them actually go and get certifications and learn, and build a methodology, and understand and implement that methodology." Right now, 20 percent of his business comes from executive coaching.
Corporations like American Express and Master Card have paid him to work with some of their high-potential leaders.
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Miami's Dan Silverman grew his coaching business out of something he was doing free at bars all over South Florida.
Silverman used to get groups of guys together to practice meeting women.
The top tier of coaches can turn it into a six-figure gig.
The super-top get a reality show, like Millionaire Matchmaker Patti Stanger. Very often, it’s about getting the gig and doing it well.
John de la Rosa, who studies the self-improvement industry at Market Data Enterprises, says it's no surprise Silverman's business grew out of the recession.
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