Perhaps you think that hiring a business coach is a little taboo!
Isn’t hiring someone to help with your business kind of like admitting to the world it isn’t doing well or you can’t manage?
Let’s look at it this way………..
Novak Djokovi and Serena Williams are the undisputed champions of tennis.
Do you think they just go it alone and hope for the best?
Of course not!
They have a team of professionals whose jobs it is to ensure that they stay the best – and one of those is a coach.
A coach is an integral part of any professional athletes career. It’s their job to make them work harder than they would alone (even when they don’t feel like it) and help achieve goals that seemed otherwise impossible.
So, should we not view business coaches the same?
The reality of it is everybody at the top of their game, whether they are athletes, actors or business-people need a coach to help them improve their performance. Just in the case of business instead of smashing balls on the court, you are smashing business deals in the boardroom (or the make-shift office in your living room as is now the case for many of us).
Even if you are one of those people who are totally on-board with hiring a business coach, and see the value, you might be wondering if it is really worth the investment in time and money for your business.
You’d probably expect me to say:
“Yes, of course a business coach is worth the time and money”
I am a business coach after all.
But the truth is that I want to make sure that the right type of businesses and business owners are working with us. Those that are going to put in the time and effort, and that will ultimately get the most out of our structured and proven programme.
So in this article I’m going to look at the time and money commitments that you will need to invest in a business coach, to help you figure out if it is worth it for you and your business.
How much does a business coach cost?
Before, you can understand if a business coach is worth the money, you really need to understand what the investment is. Although it’s really important to note here that a good business coach will help you earn far more for your business, than they will cost to hire.
So, it should be viewed as an investment, not a cost.
However, that doesn’t negate the fact that you will have to spend money on it. And you need to evaluate if it is the right thing for you to spend your money on, and if it’s going to be worth it for your business.
A quick Google search will tell you that a business coach can range anywhere from £100-£2000 per session.
It’s an extremely broad price bracket, but that’s partly down to the fact that business coaches offer such a wide variety of services and involvement that it’s hard to compare like for like.
For example, at Action Coach, we offer a variety of services, ranging from a one-off fee of only £95/person, up to a monthly investment of £3,995. Two of our most popular services are:
- ActionCLUB Group Coaching Programme, which is a fortnightly coaching programme where you benefit from the ActionCoach proven methods, but also from working alongside other entrepreneurs.
- One to one coaching – Tailored programmes for you and your management team, designed around your current business status and your future goals.
- Bronze – bi-weekly
- Silver – weekly
- Gold- weekly (two people being coached)
- Platinum- weekly (four people being coached, whole management teams)
However, one of the most important things to know is that there is a coaching programme for you, no matter what your budget you have, or what stage your business is at.
As long as you are willing to invest in your business, we can match you with a coaching programme that suits.
If you are ready to move fast and have money to invest, then you might want to go for a 1:1 coaching option. But, equally, if you know you need some professional outside help, but aren’t ready to commit to an output of thousands of pounds per month, then we still have options that will allow us to work together and move your business forward.
How much of a time investment is a business coach?
There is no shortcut to success.
I know I’m already preaching to the choir.
But the truth is, you are probably so involved with the operational side of your business that it’s hard to find time to dig deep into the bigger business picture.
Not to mention that taking the time to learn and then implement the strategies required for business growth takes time. Again, not necessarily something you have while running a business and managing your home life.
Sound familiar?
Business coaches can help with so many aspects of business including sales, marketing, time management, team building, business growth strategies and so much more. What’s great about that is that they have done the learning for you.
Hiring a business coach can help you fast track your business education, in order to maximise the profits and value of your business. Essentially you are gleaning their experience and putting it to work in your business.
So, in one respect hiring a business coach can save you time by compacting years of knowledge and experience into coaching sessions.
However, that being said, working with a business coach does require a time commitment as they don’t do the work for you.
You’ll need to turn up to the coaching sessions, and you’ll need to set aside time to implement your learnings but they will help you become more efficient and productive with your time so that it means you don’t spend any more time than you need to and it does not become a burden
Exactly how much time you need to invest if you hire a business coach, again, depends on what programme you opt for.
We have education programmes for you and your team, one off training and planning sessions as well as team and individual alignments to ensure that you are working towards the right goals for you and your business
We also have our comprehensive, one-to-one coaching programmes that include multiple monthly sessions, and are delivered over a minimum of 12 months.
So, yes, working with a business coach will require you to take time out of your business, to work on your business. But the good news is that it can also save you time by fast tracking your learnings and increasing your productivity and efficiency allowing you to implement a proven system that we know will work.
So, are business coaches worth the time and money?
It’s true! A lot of business coaches can be a waste of time and money.
But it’s really important to understand that many business coaches are focusing on intangible benefits, rather than implementing proven frameworks that will actually help grow a business.
We’re the latter!
We are so confident that our proven coaching system will help you to achieve incredible results, that we offer a 6-month guarantee.
This guarantees that if your business has not increased in gross profit after six months of coaching by at least the same amount you have invested, then we will pay you the difference.
You don’t have anything to lose.
As long as you put in the time, and do the work assigned to you and agreed by you, attend coaching sessions, events and workshops, and complete your committed decisions and assignments by the agreed-upon dates – you will see your business improve – Guaranteed!
Basically, the worst that can happen is that you end up with the same amount of profit, plus you’ll have gained advice, coaching and business tools from us and become a better leader and entrepreneur – which you get to keep forever!
So, is it worth the time and effort.
Like most things you get out what you put in with business coaching.
It’s not a shortcut to success, and it does take time and effort. But it will help springboard your business beyond what you thought was possible alone.
Ultimately, you need to decide if you and your business is willing to prioritise what it will take to achieve your goals.
But is it worth it?
Yes!
If you are willing to put in the time and effort, then yes, we can guarantee that hiring us as your business coach will be worth the investment in time and money.
If this sounds like something you and your business will benefit from then get a coach. There are a variety of options available and no one size fits all. Everything can be tailored to your needs and time commitment. For more information or to have an informal chat contact me at ryanporter@actioncoach.com or on 07518613953 and we can work out what would suit you best.
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