As business owners, we all want to grow our revenue. This year better than last year and next year better than this year. But think hard about what you are doing that is helping to accomplish that goal. How did you come up with that goal? Are you on track to hit it?
Being an entrepreneur can at times be a lonely endeavor. Besides the emotional aspect, not having peer relations and others you can bounce ideas off of can be detrimental to your business. Think of it this way: You’re in the box. You see things through your lens. If you are the only one looking, you’ll have a very limited vision.
Consider adding a few other people to your circle. Namely, other business owners. People you can bounce ideas off of. This lets you expanded your peripheral vision and broaden your horizons.
Now the question becomes: But where do I find these people? I’m going to help you take the first step in that direction.
The First Person You Need on Your Business Growth Team
When I started Bitesize Business School, I didn’t have a network or people I could bounce ideas off of. The way I did start building that network is through masterminds and coaching.
Coaching is a great place to start. A good business coach can recommend any masterminds that you might benefit from.
Working with a business coach gives you someone to bounce your ideas off of and get feedback. What might appear as a great idea to you may have a major flaw that you can’t see because you’re too involved. Sometimes it might be that you are just too scattered. Trying to work on to many things at once can leave you directionless and frustrated because you aren’t getting results.
A business coach can help set a focused direction for you. Once you are focused and confident you can execute on the coach’s advice, and you should begin to see big improvements in your business.
How to Get the Most out of Your Coaching Session
Before you start working with a coach, get clear on what you need help with.
You already know that you need help. Otherwise, you wouldn’t be reaching out to a business coach. But what is the specific thing you need help with? Is the problem lack of direction? Ask yourself why. Is it too many irons in the fire or shiny object syndrome (chasing after every opportunity)?
First, write down the problem as best as you can. This way, you have a better chance of clearly explaining it to your coach.
Second, write down where you’d like your business to be. In other words, if this problem didn’t exist, where would you be in your business right now? But go further: Where do you want your business to be one year from now? A coach will help you fix the problem and bridge the gap between where you are now and where you want to go.
Third and finally, make sure to tell your coach up-front that you want actionable items that you can walk away with. These actions would need to be completed before the next coaching session. This means you’ll need to schedule enough time to complete the action items in between each session.
The benefit to this approach is that you are moving forward after each session. You and your coach can then evaluate progress and discuss next steps.
5 Steps to Success With a Business Coach
To summarize how you can get the most out of your coaching session, do the following:
1.) Find a business coach that you believe can help with your problem
2.) Clearly identify and write down the problem
3.) Write down where you would be if the problem didn’t exist
4.) Write down where you want to be one year from now
5.) Let your coach know that you want actionable steps after each session. These need to be completed before the next session.