A business coach can be beneficial for any enterprise at any stage. If you’re considering hiring one, whether to help you through a tough time or identify new opportunities for growth, there are some very good reasons to go ahead and do it.
- A business coach will say no. You might find that you’re surrounded by people who agree with you, either because they are more junior or have less knowledge. A coach is an expert – if they don’t agree or they think you’re wrong they’ll tell you in a constructive way.
- You’ll have someone to talk to. It’s easy to underestimate how lonely business can be. You may not be a lonely person but you may simply not have people in your life you can talk to about the business extensively in the same way that an expert such as a coach can do. This can take the pressure off and help when it comes to ideas and planning.
- Building networks becomes easy. Every time your coach meets someone who might be able to support your business they’ll introduce you – with key connections and access to a broad range of networks, a coach can help you to build your contacts quickly.
- You’ll be encouraged to do more. When you’re running a business – especially if you’re on the introverted side – it can be easy to stay within your comfort zone. If you’re working with a coach they will ensure that this doesn’t happen. As they say, it’s outside your comfort zone where you’ll find opportunities for growth.
- An expert view of you – and the business. While a mentor might focus only on you and your development, a coach is looking at you in the context of the business, in the context of competitors and the broader market – an invaluably broad perspective to have.
- There will be no escape from accountability. Whether you’re a procrastinator or your plans are unrealistically structured, working with a coach will show you where your own thoughts and actions are pushing the business off track and help you to find ways to correct this.
- Your ideas and goals can be brought to life. Working with a coach will give you an expert ear when it comes to testing out those plans that you’re keen to make happen. Once you’ve analysed the viability of each one you can work with a coach to identify the steps necessary to make them happen.
- Profits will increase. When it comes to the bottom line, every business owner wants to make more profit. A coach can help you design the strategy to do this and remove obstacles from your path.
- You’ll get a confidence boost. Limiting beliefs cause many of use to fail – often we simply don’t know what we’re capable of before we do it. A coach has been there and got the t-shirt – they know you can succeed and they will work on your self-esteem until you know it too.
- A coach is objective. Although they’re on your team, your coach isn’t biased so you’ll get an objective perspective on risks and opportunities when it matters most.
Working with a business coach has a huge range of benefits for any organisation, from improve financials to enhancing your own day-to-day experience.
