It is estimated that up to $500 million is spent on personal development (PD) products every year. This includes money spent on holistic approaches, self-help websites and books (over 13 million books focusing on PD were sold in 2007), motivational speakers and their workshops, personal coaching, amongst other forms of PD. This makes it a very successful industry. The net worth of this industry is estimated to be almost $11 billion, with 5% growth each year. Women are more likly to utilize PD products than men.
For more, go to http://brandongaille.com/personal-development-industry-statistics/
Interestingly, this industry is quite old! The first book on personal development was written in 1859 by Samuel Smiles and it was simply, but aptly entitled: Self Help. This term has stuck and today we refer to the entire domain of personal development books as self-help books. In the Victorian Era, there was much interest, for example, in the concept of willpower and self-control. Something Mr Smiles talked about in his book: “Genius is patience”.
For more, see Roy. F. Baumeister and John Tierney: Willpower – Rediscovering our Greatest Strength
Coaching is generally considered to be the preserve of Coaches. Coaches can be specialised in professional and career development or personal and life coaching. Coaching is a booming international industry. In a global study released in 2012, the Lexington, the International Coach Federation (ICF), the industry’s largest trade association, estimated about 41,300 active professional coaches worldwide generated nearly $2 billion in annual revenue. In North America, about 14,060 coaches earned some $707 million.
For more, go to http://www.success.com/mobile/article/inside-the-coaching-industry