Starting a business venture can be an exciting yet scary experience. How do you know you will succeed? Will something unexpected happen costing you the business? The use of a business coach can benefit an entrepreneur in many ways, ensuring the success of a new venture. For the sake of this article lets focus on the Top 3 Reasons You Need A Business Coach.
Most businesses fail within the first 3 years, so why not learn from someone who has successful businesses? Learn from their experience, implement their systems, and avoid costly mistakes that they have made in the past. As students we had teachers, as athletes we had coaches, but for some reason we neglect professional guidance when it comes to business and as a result many businesses fail. Know when to ask for advice, work with a business coach before its too late.
It is human nature to have subjective opinions, especially when those opinions are about ourselves or our work. Often people will fight change and over look inefficiencies out of habit of due to insecurities and ego. A coach can loot at your operations and give you an objective assessment. A coach does not share your subjective perception of your operations and will notice areas of improvement that would otherwise be over looked. This constructive criticism is priceless and can save your business and make you much more profitable. Never underestimate a business coaches objective assessment. It can be the difference between success and failure.
“It is not what you know, but who you know.” Unfortunately, it takes years to build a network of professionals and for a busy entrepreneur, making time to network may seem overwhelming. Fortunately, a business coach can help you find resources that will benefit your operations by using their professional network, saving you time and money. You will not be able to take advantage of resources and network with professions that would take years to build which will give you a very competitive advantage.
As you can see, working with a business coach is one of the best investments you can make. An experienced coach will provide added experience and resourced, enabling entrepreneurs to gain a competitive advantage and help ensure the success of the business. Why wait? Start working with a business coach now!
Erick Ruiz Salgado “The Ab Pro”
Excellent post Erick. Sam, a buddy of yours John Carlton had a post on this subject on his blog a year or two ago. The gist of it was that these days, if you just happened to meet someone on the internet that calls themselves a coach, you need to dig deeper and do your homework. What have they really accomplished? What’s their track record? How involved are they currently in what they teach? These days, it’s very easy to play the social proof game, so it’s important to dig deeper.