To consider about coaches and therapists:

Similarities

There are a few similarities between coaching & therapy:

  1. Therapists and coaches work across a person’s whole life, not just one area.
  2. Both may work with emotional material.
  3. There are some similarities in techniques and modalities.

Differences

tl;dr:

Coaching Therapy
Views both parties as naturally creative, resourceful and whole.
More apt to view coachees from a medical model.
Does not diagnose or treat.
Diagnoses and treats.
Trainer to work with functioning coachees. Trained to work with major mental illness.
Works with coachees that are able to form an alliance and have common goals. Works with coaches with entrenched problems.
Co-Active® Model; Each person is the expert in their experience. Therapist the "expert."
Coach and coaches on a peer basis. Hierarchical difference between therapist and coachees.
Alliance designed by coach and coachees together. Treatment plan largely designed by therapist.
Focus on evolving and manifesting potential. Focus on healing and understanding.
Emphasis on present and future. Emphasis on past and present.
Action and being oriented. Insight oriented.
Solution oriented. Problem oriented.
Explore actions and behaviors that manifest high self esteem. Explore genesis of behaviors that create low self-esteem.
Regard and coach negative self-beliefs as Saboteurs (temporary obstacles). Analyze and treat origins and historical roots of negative self-beliefs.
Coach and coachee ask: "What's next/what now?" Therapist and coachee ask: "Why and from where?"
Accountability and "homework" between sessions held as important. Accountability less commonly expected.
Contact between sessions for accountability and "wins" expected. Contact between sessions for crisis and difficulties only.
Uses coaching skills. Uses therapy techniques.