You may have been running your own business for a few years – maybe even a few decades. You have likely picked up a lot of tips and tricks for keeping your company successful through various challenges. So when you think about the idea of a business coach, it may seem like a waste of time. But you may be surprised to learn that even a seasoned leader can learn a lot from business coaching. Keep reading to find out how:
Unlimit Your Learning
After a few years in your field, you may be well-versed enough in your industry to be considered an expert. But are you sure there isn’t anything left to learn? When considering the idea of a business coach, we recommend that you ask yourself an important question: Are you investing in yourself? As a business owner, you know it’s not enough to just be great in sales or marketing – you have to constantly monitor trends and developments to keep your company on the cutting edge of its industry. The same idea applies to you as a business owner. Are you looking for ways to better your leadership skills or to expand your knowledge? Are you setting a good example for your team?
No matter what the answer to that question is, a business coach can guide you to your next step. They can ask the critical questions. Maybe you feel you have invested in yourself, but now you don’t know what’s next to continue that investment. Maybe you just realized that allowing yourself more learning opportunities is crucial to your company’s success, and you don’t know how to get started. Wherever you find yourself in your business journey, a good business coach will help you reach the next level for yourself and your company. We all need to be lifelong learners.
Know Where You Need to Grow
Before you can find the right business coach, you have to know what kind of help you need. What areas do you think you need to grow in? Go over each department and look for two or three areas that you feel you can improve. Think of it as a wish list: If you could make any changes to your business, no matter how small or large, what would they be? Write down the ideas you have for making these adjustments and be as specific as you can. You may even do some research on current market trends to discover potential challenges your company will face in the near future. What new skills or attributes do you need to improve on to grow and lead your company to the next level?
Once you have done a thorough review, assemble a leadership team (if you don’t have one already) and ask them for their thoughts on ways your business and you can improve. You can make their responses anonymous if that is more comfortable for them – just encourage them to be honest. This is a great way to find out which processes need changes from the people who go through them every day.
Find the Right Fit
The first step to making the most out of business coaching is to hire the right coach. You may have a friend or colleague who is a business coach, and it is tempting to hire them to help you. But you have to make sure your business coach is willing to tell you the truth – even when you don’t want to hear it – and this can be difficult among friends. For this reason, The Skylight Group always recommends you don’t use a friend as your coach.
So how do you find the right fit? Much like the way you decide which employees are right for the job, you should conduct interviews with different business coaches. Find coaches that are highly reviewed, have recent and reliable references, and who can meet the needs of you and your company. Show them the wish list you compiled with your team and ask each coach how he or she can help you meet your goals. Their answers will help you narrow your choices to one.
No matter how long you’ve been in business, there is always room to grow. Don’t miss your chance to be the best leader for your team – find a business coach that suits your needs. For more information on how to find the right coach, give us a call today at (317) 416-4369.