My marketing guy tasked me with writing a couple of case studies on my business coaching results; most of my clients have similarities in the achievements that took them to the top of their game. This process opened my eyes to the top 10 benefits of business coaching.
This post celebrates the benefits of business coaching but first, we'll dig into a question often asked.
Why hire a business coach?
You will see a robust ROI when you hire a great small business coach. Depending on where you're at in life and business, that ROI may quickly be reflected in your bottom line. I have one client, for instance, who had an annual income of $120,000. Two years later her business broke the 4-million-dollar mark! Now, this is not the norm but remarkable results are almost always achieved when an entrepreneur (who is ready to succeed) works with a great business coach. The most lasting and powerful return on investment lies in increased confidence, greater clarity, and removal of the internal and external barriers that stand between you and success. When that happens, profits will soar.
Top 10 Benefits of Business Coaching
Here are ten ways an experienced business coach can help you achieve your dreams. Yes, I limited myself to only ten!
1. Business coaching will help you achieve clarity.
You may know what you want, but do you know how to get there? Cluttered thoughts, too many ideas, too few ideas, uncertainty. These things all prevent clarity. The benefit of business coaching for someone who goes a million different directions is that your coach will help you sort your thoughts and get rid of the clutter that doesn't serve you.
2. Bullshift™ your negative thinking.
We all encounter internal barriers, like fear, confusion, and doubt. I use my life coaching skills and powerful modalities like EFT Tapping to help my clients conquer these…and then, look out, world! I call this Bullshifting!
If you are a micro-business owner or solopreneur who wants to make money doing what you love, you may qualify for my group coaching series, Bullshift!™
3. Establish and understand your values.
A solid business is built on the leader's values. When you know and understand the values that you bring into your business then, and only then, will your business become everything you need and want it to be.
When you complete a values process, every decision you make in the future will be easier. Your values will give you a roadmap to success.
4. Clarify your vision.
Believe it or not, many small business owners don't know where (or how) they want to take their business in the future. Another benefit of business coaching is to gain greater clarity about your short- and long-term vision. Once you clarify what you want, you will revisit or shape your vision based on what you now know about yourself and your dreams. Clarifying your vision will ignite your passion, That entrepreneur's passion is contagious and will inspire others to believe in you and your business.
5. Get to your Why.
The process of getting to the “why” is one of the most difficult things for entrepreneurs to achieve. Nearly every entrepreneur I've worked with either mistakenly believes she/he knows their why, struggles to find it, or hasn't even tried to identify their Why. If your Why doesn't practically bring you to your knees in desire, joy, and determination, then you don't get it yet. Your coach should have a very high success rate in helping people find their Why. If not, keep looking.
6. Create your Plan.
When all of the above is in place, you'll most likely need a revised plan or a new one altogether. See your exciting vision at the top of a staircase, with landings every ten steps. Beginning at the top and working backward, a strategic coach will help you to construct this staircase, with each step being a goal that leads to the next landing; your milestones.
7. Stave off the loneliness.
I always say that behind the desk of an entrepreneur lies what can feel like the most lonely place in the world. Huge decisions, difficult actions, and the not-knowing make it so. When I hired my first coach the relief was immediate. A business coach's success lies in his/her clients' success. But it's not just that; a truly amazing coach cares and that just plain feels good! Your business coach is not physically with you but will be on your mind every time you encounter a challenge or have to make a decision. You'll hear her words in your mind, you'll recall the sage advice he once offered, and you'll feel supported every step along the way.
8. Business coaching will remind you to celebrate.
Entrepreneurs have this awful habit of either dismissing, overlooking or glossing over their achievements. Your coaching sessions offer you a safe place to revisit these and shout your successes from the rooftop because your coach will help you recognize the enormity of your achievements and cheer you on to the next!
9. Go big.
Likely, your current vision is just too small so see your business as a brick path. Each brick is an action or result that takes you closer to your dream. What happens when you get to the end of the path? You'll realize that it's not the end at all because you'll want to keep building. Your coach will teach you to think big and work with you on strategy. A great business coach will help you to remove your self-imposed limitations.
10. Find balance.
No success is worth achieving if it takes you completely away from the people and activities that are important to you. Life balance, by my definition, doesn't mean that every single day is perfectly balanced. It means that you have the freedom to do what you want to do with the people you want to do them with. It means being present with your child by learning to focus on what's going on in the moment. It means that you can make the time to take proper care of yourself, physically, emotionally, and spiritually. Yes, it is possible and your coach will teach you how.
Overall the benefits of business coaching are far-reaching for you, your business, and also your personal life. You will learn new techniques and new strategies that will last you for a lifetime.
Business coaching will help you become the entrepreneur you know you can be.
I dare you to try it!