10 Tips to Leverage Business Coaching to Grow
Business Consulting for Women Entrepreneurs
1. - Pick a coach who has deep experience set and knowledge-base to draw upon. -
The whole idea of leveraging a business coach is to help you avoid a lot of the expensive trial and error that most business owners take as they build a business.
2. - Pick a coach who can articulate and explain things to you in simple, step-by-step language so that you can integrate what they share and put it to immediate and effective use.
3. - Meet frequently with your business coach but not too often. - I'd recommend every two weeks. You want to meet often enough that you can have effective accountability (monthly is generally not often enough for this), but not too frequently that you don't have time to get things done.
4. - Get your business coach weekly updates on your progress. - 5-15 minutes spent each week to update your coach about your progress both adds a layer of accountability into the mix and keeps your coach up to speed with your company so he can give you his best input.
5. - Share your numbers-candidly. - Yes it can be scary to share your revenue, gross margin, and operating profit figures with complete candor, but by being open you will get valuable outside perspective and feedback. Don't sugar coat anything. Your coach won't judge you. Her real desire is to help you grow and succeed, and to do that she needs accurate data.
6. - Don't just focus on one-off challenges look for systematic, global solutions. - Solving a challenge is great, but solving a challenge in a way that improves and develops your company's internal systems and controls is even more valuable.
7. - Give permission to your business coach to hold you accountable. - The right business coach will always be in your corner, and sometimes this means being the one person in your business life who calls you on the mat. Your employees can't do this you sign their pay checks.
8. - Don't rationalize or explain away reality, because even if you "win" the discussion, reality will still win the war. - Use your business coaching relationship to be the one place where you can be fully transparent with what is going on in your business life. Your business coach will help you take full responsibility and accept the objective facts on the ground.
9. - Let down your ego and accept the help and insights of your business coach. - You don't have to posture or look good. Your coach has seen just about everything you are dealing with and worked through it. Let them save you the time, energy, emotion, and money by helping you learn from his or her experiences versus painful and expensive trial and error.
10. - Get rid of your excuses. - You don't have to do it perfectly, but you do have to take action. Of course you're busy, but when will that ever really change if you don't do the things that reduce your company's reliance on you?
Source: inc
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
Business Consulting for Women Entrepreneurs.
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