How an Experienced Coach Can Help You Make Your Business Succeed
Posted on February 12, 2022 by Janet Johnson MBA, One of Thousands of Business Coaches on Noomii.
Experienced coaches have led another successful small business before starting their coaching practice. They see nuances inexperienced coaches miss.
Are you looking for ways to make your business succeed? Are you feeling lost and don’t know where to start? You may need the help of an experienced small business owner or leader. This individual can help you figure out what you need to do to make your business successful. They will work with you one-on-one to help you brainstorm immediate solutions, identify resources, and prepare for a sustainable future. Read on if you’re ready to take your business to the next level.
FOR CLARITY
When I say an experienced business coach, I refer to coaches who have started, ran, or led a small business before starting their coaching practice. Beware of the coach who says, “I can coach anybody,” regardless of their background. Regarding business success, this statement is too vague!
For example, I’ve found that if you have a product-based business, you want to choose a coach who has experience running a successful product-based business. The same is true for service-based businesses. The nuances of running a company are so unique and varied that only an experienced professional can dive into small details that can make a significant, immediate impact.
AH! THE PRESSURE IS INCOMPARABLE!
Experienced small business owners are great under pressure. They’ve been there before, and they know the ropes. What do you do when you have a problem? How do you address it? How can you solve that problem in a practical way?
An experienced entrepreneur can help you answer these questions and more. They can look at your business from a colleague’s perspective, which can be invaluable when making changes. Additionally, they can provide support and motivation during challenging times. Having someone there who understands what you’re going through and wants to see you succeed can make all the difference.
FOCUS ON WHAT MATTERS MOST
Experienced small business owners know how to focus on profitability, not revenue or cash flow. They understand that profitability is a combination of increasing sales and decreasing expenses. They have learned how to spot trends, manage their money, and make the most of what they have. This expertise can be passed on to you to make more informed decisions about your business.
RESOURCEFULNESS IS KEY
We learn by doing. We’ve found that success is all on us at the beginning of starting the business. We don’t have a boss to answer to or co-workers to partner with. We won’t get a paycheck at the end of the week. And we’ll likely work nights and weekends.
These hardships taught us, “Be innovative! You can’t do it all on your own!” Experienced small business owners know how to be creative and resourceful. They can teach you how to get the most out of your team, time, and assets. This is a valuable skill that can help you grow your business.
Experienced entrepreneurs have trusted professionals they can refer to you. We work hard at cultivating our professional relationships. And, we choose people who pride themselves on continual learning. Whether you need a good accountant, an attorney, or someone to help with marketing, experienced coaches have people they can recommend. This can save you time and money as you get started.
TOSS THE CURRICULUM
Experienced small business coaches should deviate from the set curriculum depending on your company’s urgent needs. They may even need to create a custom curriculum just for you. This flexibility means that they will be able to meet your specific circumstances and get the results you’re looking for as quickly as possible.
Setting aside the curriculum doesn’t mean they deprioritize your goals. Experienced coaches listen closely to your needs and create a process to get you from point A to point Z within the agreed-upon period. If they cannot connect your coaching progress to your company’s bottom line, that’s cause for concern.
CONCLUSION
Before starting their coaching practice, experienced business coaches have started, run, or led a small business. Only they know the ins and outs of running a company. It’s a combination of skillset, experimentation, and intuition too!
I know how critical your success is, which is why I’d love to offer you to apply for a complimentary consultation. I’ll even analyze your P&L with you to help you find one opportunity to boost your bottom line today. I value your time, so I think proposing more than a routine discovery call is imperative. Let’s connect!
