Stagnant Business Growth? This Might Be a Good Thing

There are few things as frustrating as a plateauing business. Slowing revenue, a lack of new client acquisitions, or diminishing website traffic can lead business owners to panic and wonder “what am I doing wrong?”

Contrary to how stagnated growth may appear, reaching a plateau is actually an insightful accomplishment: the methods you used to grow your business maxed out the possible returns. You now know that the methods you were using had a finite reach, which is a powerful indication that you must either adapt or abandon your current strategy.

To make use of this important discovery, business owners need the ability to pinpoint problem areas in all aspects of their operation. Did your growth slow because you’ve tapped out a market? Were you relying too heavily on customer referrals? Perhaps your value proposition could be communicated more effectively?

With such crucial decisions to be made, it can be intimidating figuring out which direction to go in on your own. While you may know the in’s and out’s of your industry like no other, you not be able to fully extricate yourself and view your business from an objective standpoint. Unbiased insight is your strongest ally in reassessing your business strategy – making a business coach the ultimate secret weapon you never knew you needed.

 

What is Business Coaching?

A business coach isn’t a cheerleader with a neatly boxed checklist of “do’s” and “dont’s.” They are not idea factories, constantly pitching “what could be” but never having a plan of execution. Business coaches provide extremely deliberate guidance, including:

• Helping you assess business pain points
• Identify strengths and value positioning
• Discovering avenues for the greatest potential profit
• And much, much more

Through the creation of unique, step-by-step plans tailored to your business, a business coach accentuates what’s great about your business and helps to finetune what you’ve already established. One-on-one consultations are essential to ensuring a mutual understanding of both parties. Your business coach wants to know your vision and bring it to fruition, while also facilitating your understanding of best practices and a ‘big picture’ perspective. A business coach’s focus never changes for change’s sake, but rather to streamline your business in order to maximize returns on all of your efforts.

If your business is experiencing stagnation it’s far from being a result of failure. This is a fantastic opportunity to take a step back and review how your business got to this point – and most importantly, to ponder “what could I do better?” Take advantage of this moment and partner with a business coach to transform a plateau into a turning point. A successful coach will be able to help you identify what was successful, what wasn’t, and work with you to create the positive growth and financial success you’re capable of.

Dr. Paul Inselman has helped numerous businesses just you like yours overcome mechanical blocks and double their income. Call for a free growth consultation. Dial 888.201.0567 today to break through business stagnation and begin your path to positive business growth.