The Top Five Questions I Get Asked As A Business Coach
Mike Hoff - Profit Growth Specialist
BNI Launch Director Consultant @ BNI RAK Pioneers | Referral Marketing
Investing in a business coach is an important decision. While the benefits of saving time and increasing profit and revenue can be life-changing, working with a coach requires commitment, dedication, and an open mind. If you’re considering hiring a coach in 2017 to help grow your business, here are the answers to some of the questions you may have.
1. My business has been running for five years, yet I’m not progressing as quickly as I would like - what should I be focusing on to grow my business?
It really depends on your objective. A business coach will spend a lot of time learning about your business to see which areas need to be improved to give the most return, and prioritise accordingly. Overall though, we focus on four key areas: People, Strategy, Execution, and Cash. Learn more here about each area.
2. If I hire a business coach, how much time would I need to invest?
MHC has different programmes for different business requirements. We offer team coaching, personalised, one-on-one, hourly coaching as well as our monthly Scaling Up club, where we train a group of business owners for one day a month. However, there is a lot of work that happens outside the coaching sessions. If you want to make a significant difference to you business, you would need to look at investing in a minimum of four hours per week.
3. How do I transfer my knowledge to my team?
In many cases, we have worked with both business owner and their team in their location. There are many benefits to this and clients often see quicker results because of it. If this isn’t an option, we also cover other communication strategies, such as the daily huddle, which is an incredibly effective way to get your team on board to help grow your business.
4. A lot of my time seems to be spent solving urgent problems - how can I remove myself and focus on growth?
This is one of the most common complaints we hear from business owners and it’s a major barrier to serious growth. By removing yourself from the day-to-day running of your organisation, trusting and empowering your team to deliver, having the time to focus on growth and strategy is achievable. We have a number of tried and tested techniques that help with this including systemising, recruiting the right people, and innovation.
5. What happens if I don’t start seeing results?
We appreciate that hiring a business coach is a financial investment and you want to see results. If you’ve done the work, at MHC, we guarantee that you will see the results you are looking for and we promise to provide you with a full refund if you don’t start to see results within 6 months.
If you would like to learn more about how a business coach might work for you, book your complimentary 15 minute Skype session here to learn more about how MHC can help.
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8 年Removing yourself from the business is definitely the hardest step. Great article!