Are We a Good Business Coaching Fit?

are we a good business coaching fit?

 

Wayne Wright – Denver Business Coach

Before engaging a Denver business coach, both the client and the business coach need to consider if they are a good fit for one another.

You will also need to make sure that the expectations are properly set and that there is the right chemistry between each party. In addition to what you read below, you may want to take our Business Value Assessment to see how your business currently measures up.

Many business owners feel as though they are alone, on an island with a fair amount of stress and the business seems to be running them instead of vice-versa. Oftentimes, they reach a certain level in their business and find that they hit a wall when they are wanting to reach the next level.

A good business coach is like having a good business partner working with you side by side but one with that you do not have to share the company’s equity. You simply utilize their services and can terminate the relationship if you don’t see the value.

Although entrepreneurs need to “take the bull by the horn”, take calculated risks, and be self-motivated, they can use help from a business coach in holding them accountable. It’s easy for humans to “bury their heads in the sand”, procrastinate, get “stuck in the weeds” and lose sight of the big picture.

You know, the saying, “you can’t see the forest through the trees”. Many entrepreneurs simply do not have the answers that an experienced business coach does. Many coaches regularly receive a list of burning questions that have been weighing heavily on the entrepreneur’s shoulders and causing them to lose sleep, aging prematurely, negatively impacting their relationships, and many bringing their stress home to their families.

Think of a good business coach as a business psychologist that can help you cope with life stressors. A business coach will not only help you to effectively deal with business stressors but will reenergize you and build your confidence like never before. Many Denver business coaches are actually doing some life coaching as well as business consulting.

There are many coaching certification programs available for coaches from local to International. I’m personally from the school of thought that a coach can teach any individual from any industry some of the solid principles of business however when the owner is ready to fine-tune their processes and systems, the coach should thoroughly understand the specific industry sector, and have personal (and successful) experience here from an entrepreneurial or corporate management perspective and as a consultant in the industry.

A business coach will help guide you from an unbiased and unemotional perspective since they have learned proven strategies that have passed the test of time and work for all businesses. Why not take advantage of that knowledge instead of spending years to try and find the information yourself?

Your coach will lower your learning curve and help you plan, and hold you accountable for the timelines in the plan since you will be reporting your activity on a regular basis. A good coach will help you in your management and leadership skills, increase your level of confidence as a business owner overall, and give you the clarity and direction you’ve always dreamed of.

As Zig Ziglar once said, many of us need a “check-up from the neck up”. Hiring a business coach in Denver CO will help you get excited about your business possibilities like it was when you began your enterprise and remove the defeatist attitude to increase sales, market share, and profitability.

A coach, like Wright Business coaching in Denver, will use their creativity to approach your problems with a fresh set of outside eyes. They can help direct you and show you some areas needing improvement in your business and in your leadership, and create an effective plan to turn these weaknesses into strengths.

They can help you find the joy and balance in your business and in your life that you have been looking for. When they help you grow the business, your most valuable asset will help you retire comfortably when you’re ready to exit your business on your terms and timeline.

Coaches also have “skin in the game” to help ensure your success so you will continue to use their services and help them grow their practice when you tell others. They will pay for themselves many times over by helping you to uncover missed opportunities, saving you time, and avoiding costly mistakes.

Learn more about business coaching and how we could help you and your business as a Denver business coach.

Does any of this hit home?

You’re:

  • Stagnant, and you are not sure how to take your business to the next level
  • Stuck in the day-to-day operations and customers and employees come to you regularly (you are the business)
  • Lacking procedures and a system. Your business can be quite chaotic at times
  • Realizing that there is not enough time in the day
  • Not sure if you have the right team in place
  • Lacking clarity and direction, frustrated, tired, and/or burnt-out, and not sure where to turn next
  • Convinced there must be a better way
  • Stressed and lack the career-life balance you’re looking for

Our Ideal Coaching Clients:

  • Growth Minded: Really wants to grow their company
  • Customer-driven: They love to serve others and want to be the best they can be
  • Honest/Fair/Reasonable: People of integrity
  • They Want Help: They see the value in having a mentor
  • They do their homework: They work hard and keep their promises (no excuses)
  • They are “coach-able”: Willing to be vulnerable and take risks

Our Niche:

  • Small to mid-sized privately held businesses
  • Revenues of $1 Mil. – $15 Mil.