I would imagine a little bit of both factors in for any life coach. It's always good to bring personal life experiences in practice. It's makes things easy to relate to, and then the lesson will stick more with whoever you are talking to. I've always learned better when people do that.
Hi. As far as I'm concerned, you don't have to have a college degree in psychology or the like to become a life coach. There are no formal or legal requirements for training or credentials for those who are relatively new to this career . Technically, you can call yourself a life coach and start working with clients right away. Personally, I initially gained my experience as a life coach through https://5prism.com/life-coaching/ as we were constantly having different practices with people who needed help. After training, I began to understand more about this business and more and more people came to me every day.
To be honest, I do not consider myself to be a professional, but I definitely have some knowledge and success in this field.