Why Successful Entrepreneurs Hire a Coach?

Posted on February 03, 2021 by Kamelia Allow, One of Thousands of Business Coaches on Noomii.

Our encounters with success are often dotted with celebrations, transformation in our lifestyle, transitions in relationships, an evolution of our work environment, and changes in the company we keep. The higher we scale the peak of success, the lonelier it could get for many of us.

Entrepreneurs often discuss how success affects everything around them including the people they know. This is the reason why achieving success is only part of the achievement, and remaining successful is the more difficult part.

Some of the most influential people in the world, including Bill Gates, Oprah Winfrey, and Eric Schmidt have leveraged the benefits of coaches to continue their journey of successfulness.

Here’s why successful entrepreneurs like them hire coaches:

1. Get an unbiased, objective FEEDBACK
“Everyone needs a coach. We all need people that give us feedback. That’s how we improve”

Bill Gates accurately summarizes one of the most important aspects of coaching and its benefits for the person being coached – feedback.

When you start growing in your personal and professional life, you will often encounter a stream of emotions attached to the changes you undergo. There is pride in your achievements and confidence in your abilities steeped with an unrelenting amount of belief in yourself.

But every now and then, you may find yourself in a position where you come to contradict your own beliefs and this is where a coach can help you rediscover the goals you have been aiming for and the path you have set for achieving these goals.

This happens with the help of unbiased, objective feedback, which the coach shares with you on a regular basis to improve your focus on the goals you are aiming for and the relationships you have been building.

2. Get a better understanding of YOURSELF
“The one thing that people are never good at is seeing themselves as others see them. A coach really, really helps.”

Eric Schmidt, in one of his conversations, mentioned how a coach helps you see yourself. We often fail to keep up with the person we are becoming as we advance in life. Sometimes, we fail to acknowledge the changes we undergo and the personality we develop because we do not take the time to judge ourselves the way we judge others.

A coach often takes the role of a sounding board and helps you understand how others perceive you, your personality, and your actions. This can be helpful in forging better relationships with others and improving yourself to become a better human being and a successful entrepreneur.

3. Reinforce your self-confidence and remove FEARS
“[Coaching helps you] stop the crazy mind chatter in your head that tells you all the time that you’re not good enough.”

Oprah Winfrey is one of the most celebrated American talk show hosts with a net worth of over $3.5 billion as of 2020. Born to an unmarried teenage housemaid and having spent the first six years of her life in rural poverty with her maternal grandmother, Winfrey suffered a lot of hardships before being established as the successful person that she is today.

Her view of a coach and the benefits of coaching includes the ability to overcome a common problem faced by successful women and men – the thought that they are not good enough. For someone, this can grow into a constant cause of stress where they may see themselves as an impostor and doubt their own skills and talents.

Coaches help you believe in yourself and the person you have become. Through a coach, you can reinforce your self-confidence and remove fears of being less skilled than what others believe you to be.

4. Making success SUSTAINABLE
Tennis star Andre Agassi became the world’s number one tennis player and found successfulness to have a dizzying effect on his life. His successfulness placed him on a road of drug abuse and the struggle to maintain his position in the sports world. Only when a coach stepped in and helped him take better charge of his life, was Agassi able to overcome addiction and rediscover his way back to being a successful sportsman.

A lot of times, coaches are hired by successful entrepreneurs, not because they have difficulties achieving success, but because they have difficulties making their successfulness sustainable. Like Agassi, we go through similar stages where we may find ourselves caught up in celebrating what we became, to the extent that we may slip to a new low.

Coaches remind us of keeping our eyes on the bigger goals and nudge us to create new goals if we have achieved existing ones. They help us grow and continue on the path of growth without losing the roots that make us who we are.

5. Coping with a DOWNTURN
Reaching the heights of success comes with an uncanny possibility of falling or slipping down. Musical prodigy Justin Bieber experienced this as he transitioned from his sweet childhood personality into a grown artist. Serena Williams found herself slipping down from her position as a renowned tennis player when she suffered from injuries. Danny Bonaduce from The Partridge Family was a famous child artist who ended up struggling with drug abuse, homelessness, and legal issues.

All of these celebrities and many more have been able to overcome their struggles when they start going downhill after achieving success, by having a coach who could help and mentor them for success once again.

Business owners, sportspersons, and artists rely on coaches for unbiased advice and for constant support to grow and achieve success by playing their strengths and understanding their weaknesses. Many big celebrities dedicate their successfulness to a life or a business coach. Similarly, there are several successful leaders around the world working for governments, organizations, and even small businesses that have benefitted from coaching.

Everyone needs a coach because there is power in someone else, a professional, reflecting back at you what you say and see to open up your mind, to identify your blind spots, to encourage discovery, and support you in creating action. All coaches have encountered roadblocks and disappointments themselves, so they are able to teach people how to get around them and stay motivated.

My goal is to help you become the best version of yourself and take your business to the next level beyond your expectations.

Reach out to Kamelia Allow, an ICF Certified Business Coach, via email coach@kameliaallow.com or book a free discovery session at www.kameliaallow.com to obtain unbiased, see the challenge from another angle, make success sustainable and cope up with downturn.