Why Do I Need a Business Coach?
Anyone who watches sports knows that a group of great players is nothing without a great coach. Even superstars like Michael Jordan and Tiger Woods have paid trainers and coaches who guide and direct them to excel and achieve to their utmost. No one would claim that having a coach implies that you are any less of an athlete. Despite this clear analogy from the sports world, many business owners bristle against the idea of hiring a business coach or consultant. “I don’t need a consultant! I know how to run my business! Everyone’s a ‘consultant’ these days! They don’t know my clients! They don’t know my field! It’s too expensive, and it doesn’t pay!” Hiring a business coach does not mean that you are incapable, or don’t know how to run a business; in fact, some of the smartest people I know have business coaches! Having a skilled advisor on your side really can pay, and it has many advantages. Most contractors are so busy working in their business that they have little or no time to work on their business. They need to be so focused on the day-to-day operations that it becomes impossible to analyze the big picture of trends, market and competition. The multiple crises that you deal with each day distract you from the bigger changes you may need to make to excel. Sometimes you get a chance to look at the trends and make a new plan, but then you are too busy to put the plan into practice effectively. A good business coach can help with all of these issues. A coach watches the game from a fresh perspective and can point out things you might not be able to see when you’re on the court. He works with you to develop creative strategies and plans, not just for success in a single game or season, but throughout a career. Your coach is your biggest fan, pushing you to succeed and holding you accountable to achieve your goals. A good coach will encourage you in your strengths and help you minimize or cover your weaknesses. Since I began my business I have lost several marketing clients, and almost every one of them did not have a business coach. I tried to keep them on track and give them simple business advice, but in the end, each one refused to seek outside help from a professional consultant. But think about it from this perspective: your clients hire you because they know that you can do a better job. You are an expert, and you will achieve superior results for more lasting value than they could if they tried it themselves. Sure, you can brush your own teeth, but you pay a dentist to drill cavities. Yes, you can drive and pump gas, but you pay a mechanic to rebuild your transmission. Isn’t it wise to apply these same ideas to your own business? Hiring a coach is not cheap, but a good advisor will help you achieve results that will more than justify the expense. If you are working too many hours with too little result; if your plans for improvement never come to anything; if you are a procrastinator when it comes to marketing and business strategy; or if you don’t have the time you need to rethink and refocus, then you need a business coach. Whom to hire? Whom to fire? How to market and whom to market to? How much to invest in this? How to minimize expense on that? How to get more accomplished with less time and headache? A good coach will listen to your situation and concerns and help you to create and carry out a plan, so that you can manage your business, instead of your business managing you!