Choosing the right business coach can be a difficult task at times, with proper guidance we try to make this easy for you.
Research suggests that working with a business coach can increase your profit margin by an average of 46%. However, further statistics reveals that 42% of businesses do not actually use a business coach.
Facts about business coaching
“ Business coaches tend to be experienced entrepreneurs themselves or have a specific niche in a topic.”
For example, I wanted to use my knowledge and skills developed as a qualified Chartered Accountant and the experience I’d gained working within a global marketing agency to help educate creatives with their business acumen. Every entrepreneur needs a business coach and here are 5 reasons why…
Personal Mastery
Most Entrepreneurs start with an idea, product, customer and team but important puzzle is YOU. Entrepreneur should understand that knowing their inner voice, inner self, love and purpose is the defining factor to get the big fast. Without personal mastery it is difficult to get the NEXT LEVEL THING having a COACH will help you to connect with your inner self and actual purpose of doing startup away.
Lonely Journey
Entrepreneurship can be a lonely business. In the startup world, stakes are high and entrepreneurs often find themselves alone navigating new territories. Business coaches partner with entrepreneurs to give them a broader view of their businesses, identify the reality of scenarios and detach from the emotional rollercoasters of the moment.
Avoid Fluctuations
One must understand that entrepreneurs are not the super humans they have quite a normal tendency of swinging moods, fluctuating performance, laziness, breaks etc having a COACH will help you to avoid fluctuations in the performance and overall vision is not compromised because of this issue.
Accountability
As an entrepreneur you are also accountable for certain KPI’s in your business like your team does. It is very important for entrepreneur to have COACH so they can share their progress, plans and accomplishment with them in order to be on the top of their game.
Saturation & Overwhelmed
During the journey entrepreneurs encounter the phase of growth saturation and overwhelmed with they work which leads to exhaustion, decreased creativity, productivity loss. This mental stress will inevitably bleed into your personal and professional life. A Coach will help you clear the stress by mapping the priorities and KRA’s so you achieve more and live fulfilling life.
Bond of Trust
It is very important for an entrepreneur to have someone whom they can trust since others may have their own interests like Director will think for the company & profit first, investor will think for their return and employees have to save their jobs respectively. The best trusted partner in the whole journey are the COACHES who seek their interests in you then the business.
Journey to UNICORN
“Get the best business coach for yourself and you'r business to grow faster.”
Coach has an ability to get the best out from coaches, they actually can help to grow the business with their expertise and make you achieve far more what you’ve ever thought for generally COACH can help to take your business from 10X to 100X depending upon their expertise and skills.
The value of coaching resides in the mental tools the coachee learns that help him or her navigate toward success both inside and outside of the business world.
Every athlete and every top performer uses a coach to bring out their best. Why don’t you?