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In this blog post, I share how business coaching help your business grow.
After reading this post, I hope you will have more clarity about the key differences between:
This will help you understand how to choose the best solution to reach your business goals.
You will also be able to identify the 8 Benefits of Business Coaching. To clarify the reasons why you should invest in a Business Coach.
Whether you are a novice, experienced or established entrepreneur, a business coach will assist and guide you.
Business Coaching is a valuable resource used to helping entrepreneurs to clarify their vision. Clarity on their business vision helps align their passions and purpose with all their business goals.
The main aim of Business coaching is to improve performances and focuses in the present rather on the distant future. To truly understand and define Business Coaching, we need to first understand coaching.
Many of us, at one point or another, experienced the resistance to learning. For me, it was mostly the 5 years of High School. The root behind my resistance was mainly my inner voice. I just never believed that I could be good at learning something and excel in it.
This was part of a real self-sabotage thinking way. Only in my late thirties I discovered the true power of knowledge. To learn a new skill or improve a skill, it’s much easier to find a teacher than to teach yourself.
As a solo entrepreneur, I never really invested in any type of coaching. I paid for many self-development courses, but I soon realized that great coaches are a much quicker route to success. I can confidently say, investing money into coaches are priceless.
If your business is struggling, a business coach is one of the most effective options to invest in.
Timothy Gallwey and his insights into “the inner game” revolutionized thinking about coaching.
In his book, The Inner Game of Tennis, he suggested that the biggest obstacles to success and achieving potential were internal, not external.
His insight was that coaches help individuals to improve their game by distracting them from their inner dialogue and the critical voice that said “Not like that!”
Gallwey’s real insight was that this didn’t just apply to tennis, but that individuals generally have the answers to their problems within themselves.
The essential part of coaching is to help people learn to silence that inner voice and allow instincts or their subconscious to take over. Sometimes that means distracting it, sometimes it’s about exploring the “worst-case scenario” and removing any fear.
Many coaches will recognize the significant overlap between their role and that of a teacher.
Much like any other type of coach, business coaches align your talents, goals, purpose and visions so your overall business efforts are successful.
All these learning methods have key characteristics and is important in their own way.
Teaching and training involve an expert teacher who imparts knowledge to their students. Although the best teachers will use participation and interactive techniques, like coaching, there is very definitely an imbalance of knowledge, with the teacher as expert knowing the ‘right answer’.
Coaching involves the belief that the individual has the answers to their own problems within them. The coach is not a subject expert, but rather is focused on helping the individual to unlock their own potential. The focus is very much on the individual and what is inside their head. A coach is not necessarily a designated individual: anyone can take a coaching approach with others, whether peers, subordinates, or superiors.
Mentoring is similar to coaching. There is a general agreement that a mentor is a guide who helps someone to learn or develop faster than they might do alone. In the workplace mentors are often formally designated as such by mutual agreement, and outside of an individual’s line management chain. They usually have considerable experience and expertise in the individual’s line of business. A mentoring relationship usually focuses on the future, career development, and broadening an individual’s horizons, unlike coaching which tends to focus more on the here and now and solving immediate problems or issues.
Counselling is closer to a therapeutic intervention. It focuses on the past, helping the individual to overcome barriers and issues from their past and move on. Here, the focus may be either internal or external.
The term “coaching” means many different things to different people, but it is generally about helping individuals to solve their problems and improve their performances.
It doesn’t matter whether coaching is used in sport, life or business, the good coach believes that individuals always have the answer to their own problems. They just need help to unlock them.
Business coaches are typically expert entrepreneurs who know what it takes to make a business successful. Much like any other coach, business coaches work to refine your talents, hone your goals, guide your decisions, and do everything else that they can do to ensure that you and your business are successful.
Next, a business coach will work with you to set beneficial and attainable goals for your team. These goals will be ones that you need to hit to efficiently grow and achieve the vision you lay out.
Throughout this entire process, business coaches serve as an invaluable source of personalized information and advice.
I like to refer to Business Coaches as your flashlight towards thriving.
Business coaches can also help you to build a new business from the ground up, advising you as they go through the process of setting up your business. Defining your mission and goals, and putting in place both long-term and short-term strategies for your business.
Likewise, a business coach can help you in growing your empire as they figure out how to take your business to the next level. Along with improving the operation and growth of your business, though, such coaches are also able to ease some of the burdens you experience and will help to make your journey easier and more enjoyable.
And since then, I also invested in becoming a business coach to other entrepreneurs.
Business coaches are typically experienced entrepreneurs and business owners themselves who decide to use their talents for building and growing a business to help other business owners reach their goals.
This just seemed to be the natural next step for me.
For a fee, a business coach work alongside executives and entrepreneurs to help them define their goals, polish their vision for their business, and set in place a series of strategies that will help them achieve their goals and live a purpose driven life.
While running your own business can be very rewarding, there’s no denying that it can be very demanding and stressful as well. This is doubly true if you are running an entire company all on your own. I know, I have been doing this for more than 16 years now.
So, when you are ready and do decide to work with a business coach, you will have someone in your corner who assists you through challenges and serve you with experience and expertise you can rely on.
If you are considering hiring a coach, you might have a lot of questions. While we’ve already covered many of these questions such as what business coaches do and how they can be of help to you and your business, here are a few more frequently asked questions to help you:
A: When you first meet with your business coach, the number one priority is going to be for the coach to learn more about you and your business so that they can specifically tailor their advice to help you. You can expect a friendly encounter and an enjoyable discussion about your business that will eventually transform into your business coach offering you specialized advice about the goals that you should set for your business and how you should go about meeting those goals.
A: Business coaches can certainly help you put strategies in place to grow your business if that is your goal. However, growing companies is not the only service that business coaching provides. Such coaches also work to help make you more productive, make your job and running your business easier, and help you achieve all aspects of your vision for your company, including but not limited to its growth.
A: Small online businesses are certainly able to benefit from business coaching, perhaps even more so than large corporations.
The issue is that many small business owners are not able to afford or access top-quality coaching. This is why I help 5 entrepreneurs for one month, or 20 hours, for $1. I designed this $1 Business Coaching to be a program that is affordable and accessible to all types of entrepreneurs.
Since working with many heart-centered entrepreneurs, I came to the revelation that people who pay, pay attention. During my journey as entrepreneur, I received many “coaching” & “mentoring” sessions for free, but I never took my homework serious and implemented what I learned until I started paying for coaching.
You are welcome to apply for the $1 Business Coaching program that might just be the breakthrough you are looking for!
If you need further advice on how a Coach could benefit you, or how to take the next step, or if you just need a helping hand to show you how to move forward, do reach out to me for a FREE discovery session.
You are also INVITED to join my FREE Facebook Group, PROFITABLE ONLINE CREATIVES, for a community of Entrepreneurs and Small Business Owners to help, support, and empower each other!
See you online!