If you’re considering hiring a business coach, there’s a pretty solid chance that you need one.
When you’re hoping to find the very base of what’s holding you back, looking for an outside perspective is the best way to do it. Business coaching offers you with a view of your company through a set of new, unbiased eyes.
Business coaching can give you the insight you need to help you and your business overcome challenges.
There is no shame in asking for help when you need it. Even the best minds in business started somewhere. Name any successful CEO, professional athlete, professional actor or actress that does not have a coach. Here’s an interesting correlation. 1% of the population has controlled all of the wealth since the beginning of time and only 1% of the population uses a coach.
If you’re not sure whether or not hiring a business coach is right for you, here are 7 signs you could use one!
1. Your Direction Changes Frequently
A unified vision is paramount to running a small business. If you’re the only leader in your company, this is doubly true.
It is so important that your vision remains steady and constant. If you find that you are hopping back and forth between models and markets, a business coach would be a great step in the right direction.
2. Your Priorities are Muddled
Without a clear set of standard priorities, you will never get to where you want to go. There are tools that can help you identify the weaknesses in your business and help you give them the attention they deserve.
Those tools can certainly help you find the holes in your business model, they can’t find the solutions.
A business coach would be the perfect solution to helping you find the holes and patch them up.
3. You Lack a Plan
If you have ever found yourself wondering what you were going to do for the rest of the day, a business coach is an answer to your problems.
A business coach can use their years of extensive business strategies to help you develop a plan for your business.
You’ll find yourself better able to choose between important activities and figuring out what the most important next step is. This is the key to accomplishing important tasks and managing your business.
4. You Don’t Get Anything Done
There are tasks that even the most productive people don’t want to get done. We all have tasks we want to put off and times where we feel like we are as burnt out as possible.
These are probably the times you need to pull yourself up by your bootstraps and do what needs to be done for the sake of your business.
When you find that you procrastinate from one day to the next, or if you need help sticking to your end goals, a business coach can help you accountable.
5. You Work All the Time
If you can’t remember the last time you took a vacation, a day off, or had a work week under 60 hours, there’s a chance there are opportunities for you to delegate better.
According to a 2014 study, 82% of entrepreneurs are working over 40 hours a week, but only 44% want to be.
This is because business owners feel like there are some tasks that they are the only ones capable of handling. This sort of “if you want it done right, do it yourself” mentality can be detrimental to you and, subsequently, your business.
You don’t want to work below your pay grade.
A business coach can help you identify the tasks that you can give to someone else to handle in a timely manner. And if you don’t have that person, your coach can help you find them.
6. The Internet Confuses You
In our world, the internet is where a small business will make or break itself. With a more active online presence, your business can build a reputation, partnerships, and sales.
Social media and paid advertising are just a few of the ways you can use the internet to your advantage and create a name for your business.
If the internet seems like a scary place to you, or if you just don’t understand how to use certain functions to your benefit, a business coach can help guide you or direct you to another service that can do the job for you.
A business coach can help you figure out where and how to use your marketing budget while giving you the tools to maintain it.
7. You Want Expansion
If your business is operating smoothly and generating a decent revenue stream, but you still want to expand, a business coach could help.
Messing with a tried and true business method in the hopes of creating more growth and revenue can be a scary thing. It’s full of risks and twists and turns. But it’s something that has to be done in order to advance.
Business coaches are a great way to smooth that transition. They can help you create and use a plan to move your company in the right direction.
Alternatively, if your company grew too fast all at once, you can feel terribly overwhelmed.
When your staff and building and methods have all stayed the same but your business is booming, you find yourself in a situation that can easily lead to overworking your employees, and that leads to poor customer service.
A business coach is a great option here, as they can help you create a plan to deal with your growing business.
Business Coaching is the Way of the Future
70% of small businesses see improvements when they hire business coaches. 86% of those see a return on investment. There are no reasons why you shouldn’t invest in these amazing opportunities to improve your business’s chances of success.
If you’re interested in learning more about what business coaching can do for you, or if you’d like to check out a few other tips and tricks for running a successful business, contact us today!