Compelling Reasons to Engage a Business Coach

An overview of why should seriously consider engaging a business coaching. Including, controversially, why you may have chosen the wrong business coach!

(These posts have been extracted from the sources indicated and summarised for brevity.)

Why business coaching is important (from www.Hubspot .com)

Business coaches help business owners in a number of key ways. An effective business coach will provide customised advice and guidance working with you to develop and progress a lucrative business growth plan. Guiding you along the route to increased revenue and robust business growth.

If you are a business owner looking to grow, engaging a business coach who will develop and hone your skills will greatly improve your chances of success.

Working with a business coach could be the single, most valuable investment you will make in you and your business.

What can you expect of a business coach?  (From www.lifecoach-diretory.co.uk)

Business coaches utilise structure, impartiality and acquired expertise to help their clients explore their strengths, build on their weaknesses and learn new techniques to help them excel in their fields.

How can a business coach help me?

A business coach will help by offering an external, objective and constructive perspective of your situation. Developing and growing a business is an incredibly diverse challenge. Before you engage a business coach you should make sure they have the relevant experience.

You want to start a new business

Start-up business coaches offer much needed support, guidance and expertise for those looking to start a business. Start-ups are notoriously risky – more half will fail within the first three years. Not understanding the fundamental aspects of running a business and focussing too much on being ‘in the business’ is a typical, critical mistake. Working with an experienced business coach, fatal errors could be significantly avoided.

What can you expect of a business coach?

Business coaches apply structure, impartiality and acquired expertise to help their clients explore their strengths, build on their weaknesses and learn new techniques to help them excel in their fields.

When you need to make key changes and decisions

Recognising when changes need to be made is essential. Often business owners resist change for personal reasons and end up jeopardising the future success of their business.

Making the right decisions at a key transitional point is paramount. Often, it can be hard to see your business as a whole, especially if you have an emotional bond. Although business coaches should never dictate, they do offer an unbiased, completely objective outlook offering a safe sounding board for ideas. Sometimes a decision is much easier to make if an impartial perspective is taken into consideration.

You need motivation

For new entrepreneurs, having the motivation to keep going even when everything starts to go wrong can be incredibly difficult. Business coaches can help motivate you to keep going by introducing short-term goals, structure and accountability, encouraging you to see the successes you might otherwise have dismissed as unimportant.

What is business coaching? (From businesscoaching.co.uk)

Business coaching will help you set clearer goals, achieve them faster, make better decisions and improve your relationships.

Business coaching is about discovering your potential and exploiting it.

Why all business owners should consider engaging a business coach:-

In the same way that top sportsmen and women will always seek out the top coaches in their field, you too need a business coach to hold you accountable, demand results, push you and be there to congratulate you on a job well done!

When your business does not generate enough profit to justify your efforts and you continue doing what you have always done it should come as no surprise that you will get the same results. Coaches will challenge this and get you focused on taking actions that grow profits and allow you to work on driving your business forward. It will involve change, so you need to be open to this for it to be successful.

Unless your business can run without your being there every day, then in reality, you are an employee of the business not a REAL business owner. An experienced business coach will help you put in the processes and to develop your team so that the business will thrive whether or not you feel like going to work today.

You have a lot of business experience, however you haven’t really invested in yourself in years. As a result, you have neglected yourself. Investing in coaching is not a personal indulgence.  A coach will work with you to improve specific aspects of your own performance and provide one-to-one support and motivation to achieve and build upon the improvements. The relationship between you and your business coach ensures swift and maximum impact on yours and the businesses performance providing a measurable ROI.

You have lost sight of where the business is going and why - As an “outsider” your coach can see the wood from the trees. Not blinded by preconceptions or your businesses previous way of doing things, an astute business coach will ask you the difficult questions you have been avoiding and challenge you to take action.

For a lot of people running a business is a lonely job.  A key contribution of a business coach is that of a sounding board and a confidant, someone who genuinely cares about the issues you face and is there to help you find solutions to the problems quickly and effectively.

Why (Most) Business Coaching is a Waste of Time (From Forbes.com)

Effective coaching absolutely has the ability to transform your business.

Make sure you engage the coach that is right for you and your business. The problem with many of today’s business coaches and coaching programs is that they focus too much on mind sets, motivation and emotions, and not on implementing proven best-practice systems, strategies and actions that will actually grow a business.

Many business coaching programs do not invest the time required to focus on developing, marketing and selling products and services that people actually want to buy.

Business coaching is about helping real business owners grow real businesses as a result of discovering breakthroughs and implementing proven best-practice systems and processes, many of which are often too complex and difficult to implement without proper coaching and mentorship.

When seeking a business coach:-

Check Out Testimonials

Really dive into the content of what people are saying: Search for video reviews, if possible, and listen to what former clients have to say. Are they talking about feelings, or are they sharing the real results that their business coach helped them generate?

Verify Claims

Too often, business coaching material is taught by coaches who have never grown a business (other than their program), so everything they teach is theoretical at best, and they may have no idea if it will actually work for you and your business. Does the program seem too good to be true? If it’s promising overnight success or huge profits that seem unrealistic and unsustainable, it probably is.

The right business coach can change your life and your business, but it‘s important to take the time and make sure you do your due diligence to find the coach that is right for you and your business.