You know your business – we get that; and you probably think you have everything figured out already, but this might not actually be true. While we all have our own set of skills, skills in business are often something we have to learn along the way and often at a very high cost.
Enter the business coach. A business coach oversees and guides a manager or founder in starting, growing or developing a business. Like a sports coach, a business coach’s job is to help you develop the skills and resources you need in order to be successful.
Whether you’re time poor, in need of advice, or want to see better results here are 8 reasons to seek out a business coach.
- You Are Overwhelmed
The No. 1 sign that it’s time for a coach is when you hit that feeling of being overwhelmed. You are overwhelmed by feeling like there is too much to do and too little hours in the day. You are overwhelmed by not knowing how much profit you are making at the end of your month. And you are overwhelmed because you don’t feel like you have control of your business, your employees or your vendors.
2. You Need a Confidante to Talk About Your Business With
Standing centre stage holds an expectation for excellence. Who can you trust to speak without feeling exposed, or impairing your credibility or reputation within the organization or its clients? How would it feel to have a safe sounding board for honest feedback on your ideas and a partner to support you in the process of design, implementation and evaluation? Time to hire a coach
3. You Know What to Do – But Don’t Do It
You need a coach when you “know” what to do but don’t implement. Lack of change typically occurs because you need to experience some paradigm shifts that require someone with an outside perspective challenging your assumptions and because you need someone to help you translate general principles into specific steps that you can take in your own life.
- You Aren’t Getting the Results You Want
Sometimes we think we know the right path to take in our career growth or business growth, but we come to find it isn’t working. In order to get results we want, we may need guidance from someone who can see things from a more objective view, not a subjective view. Turning to a business coach can increase ROI, surge active engagement, and allow one to remove obstacles that are precluding results.
- You Want to Save Time and Money
If you’re business or thinking about starting a business and thinking, “Wow, I could really use someone to help me figure out the best way to do this,” you should be considering getting a coach. Going the “lone wolf” route can cost much more in wasted time and money, and that can all be avoided by working with an excellent coach.
- You Find Yourself Listening Only To Your Own Ideas
The No. 1 sign you need to hire a business coach is when you find yourself only listening to your own ideas. The higher up the ladder you are, the more people tend not to be honest and just comply. The same thing can happen to entrepreneurs because they have a tendency to work alone; they have the tendency to only hear their own ideas. We all need checks and balances. A coach can help you.
- You’re Feeling Stuck and Frustrated by Others
My clients often have a similar story reappearing in their lives in different ways. A great time to work with an executive coach is when you find yourself repeatedly frustrated by others around you at work, or if you can see that you have some unhealthy workplace dynamics, but you’re not sure how to really shift them. The unbiased perspective of a coach can be just what that executive needs.
- You Want Your Company to Grow
If you’re alive and breathing as an entrepreneur, you need a coach. I’m not only a coach, I’m also a business owner. I’ve had a number of coaches, been the beneficiary of a range of mentors, and worked with multiple businesses. Your companies only expand at the rate of your own growth. Find a coach you can rely on and get to work. The ROI is worth it.
Acknowledgement: Forbes Coaches Council