A business coach or mentor plays the role of a consultant, motivational expert, therapist, professional organiser, friend and confidant, higher force to answer to for your actions (or inactions), idea generator and a well of wisdom and experience.
They can be a great investment for you business. It's a beneficial way to get new insights on daily business activities, as well as improve business methods. The main focus of a business coach is to help you improve your performance in order to benefit your business. A good coach will focus on the big picture and will tell you not necessarily what you want to hear, but what you need to hear.
What is a business coach? A business coach is someone that will work with your business to accomplish much needed improvements. Just like an athletic coach that helps an athlete improve their athletic performance by focusing on perfecting the small and crucial performance issues, a business coach is there to help you improve your business performance in key areas. It doesn't matter what size business you have, a business coach can benefit you. From a large corporation to a small self owned business there are always improvements that can be made that seriously add to the bottom line.
Find out exactly how a life coach can help your business with these top 10 tips on business coaches:
1. Set Better Goals
Don't get caught up seeing unachievable goals for yourself. A business coach will help you set achievable goals and staying on track with them. They will keep you investing your energy into larger issues instead of getting caught up in all of the small stuff. A business coach will help set you in the right direction and help you to see results from your efforts.
2. Be More Motivated to Accomplish Goals And Tasks
A business coach is there to motivate you. It can be tiring motivating all of your employees and the last thing you can think of is how to motivate yourself. By setting reasonable smart goals you will be more motivated to achieve them because they won't seem like impossible goals.
3. Be More Efficient
Evaluate your business with the help of your business coach and make sure you are working efficiently. Examine your business plans and procedures and see where you can improve to be more proficient. Your coach will give you new ideas for improving your efficiently for success.
4. Reduce Problems
With the help of a coach you will also be able to solve and reduce your professional problems, leading to positive results that better the prospects for your organisation. Your business coach will uncover problems you didn't originally see and help fix them so they don't turn into disasters. They can help manage issues that are occurring with staff and come up with effective ways to solve them. By improving communication within your business they will reduce the problems and get things running smoothly.
5. Make More Money
With a business coach helping your business to run more effectively and smoothly your business will be growing and developing. In return your business will be making you more money! Improve your business and get your business booming with the help of a business coach rather than trying to always do it by yourself.
6. Get A New Perspective
Your business mentor will act as a neutral party to bring new fresh ideas to your business. Their job is to help improve your business and they will do whatever they can to help you excel. Sometimes we need someone to come in from the outside with something new to spark even more of your own ideas. Your business coach will only have your best interests in mind and will enhance your business from the bottom up.
7. Reduce Stress
If you are feeling overwhelmed in your business position a business coach will help reduce your stress. They will help you develop achievable goals and get you set on the right path. They may also offer some great tips on how to distress your life. Also with your business moving more smoothly due to your business coach you will have more time for yourself to aid in reducing your stress of running a business.
8. Help Planning Your Business Career
Your business coach will help you develop your plans for success based on your values, strengths, background and assets that you bring to the business. With their help you can plan your business accordingly to be right where you want to be. You can work with the skills and experience of your business coach to leverage your own skills and experience to get the most from your professional life.
9. Help Develop Yourself
If you want to make the best of your business and motivate others who are working for you, you need to cultivate the proper personality to get the best results. A business coach can be the perfect person to guide you in the process of developing yourself so that you can bring out the best in others around you. We've all worked with dreadful managers so know they fail to bring out the best in people. Whereas the best managers we've worked with have had the most productive and results delivering teams. A business coach can help you become the best manager possible for your business through training and skill sharing.
10. Be Happier
With the help of your business coach and your business running more smoothly, efficiently and producing profitable results you will be much happier. Improve your business and life balance and in return be happier within yourself.
Getting the Most from a Business Coach
The key to making the most of the opportunity to work with a business coach is choosing to put in the effort yourself. A business mentor can achieve absolutely nothing for you if you aren't prepared to put the work in that's needed to create the results that will transform your business.
The exciting news is the effort that's required is just about working smart and it's the type of dedication any business owner or professional uses each day to achieve, to get the job done.
Finding a Local Business Coach
Often the best way to find a talented business coach or mentor is word of mouth referrals, just as you would any business professional advisor, whether they be a laywer or accountant. So ask your business colleagues and friends, have a look around on online business forums like Flying Solo to see who recommends who and be prepared to explore a little.
Because you work so closely with a business coach and mentor it is really important that you get on well so while you might find excellent coaches it can take a while to find the perfect one for you, the one that's just the right fit. So be prepared to have an initial meeting (usually cost free and obligation free) to see how you get along, what you can both bring to the table in this new relationship and to work out any requirements.
7 Enlightening Business Coaching Quotes
While researching this article we came across some great quotes about the value of business coaching so come be inspired with us:
"In 6 years I hadn't even come close to achieving my personal & business goals. After 6 months with Big FAT Coach business coaching we have revolutionised our business model and have a solid foundation for the future. For the first time ever the enormous earning potential of the business is unlocked and we'll generously exceed my original goals." Mark Wasley, Duratone Australia
"I never cease to be amazed at the power of the coaching process to draw out the skills or talent that was previously hidden within an individual, and which invariably finds a way to solve a problem previously thought unsolvable." John Russell, Managing Director, Harley-Davidson Europe Ltd.
"The goal of coaching is the goal of good management: to make the most of an organization's valuable resources." HARVARD BUSINESS REVIEW
"What's really driving the boom in coaching, is this: as we move from 30 miles an hour to 70 to 120 to 180......as we go from driving straight down the road to making right turns and left turns to abandoning cars and getting motorcycles...the whole game changes, and a lot of people are trying to keep up, learn how not to fall." John Kotter, Professor of Leadership, Harvard Business School
Bob Nardelli (CEO of Home Depot) believes that without a coach, people "will NEVER reach their maximum capabilities".
"Executive coaches are not for the meek. They're for people who value unambiguous feedback. All coaches have one thing in common, it's that they are ruthlessly results-oriented." FAST COMPANY Magazine.
"Between 25 percent and 40 percent of Fortune 500 companies use executive coaches." Recent survey by The Hay Group, International