6 Ways a Business Coach Gets You Independence and Financial Freedom

When your business seems stuck or overwhelming you with decisions, wouldn’t it be great to have someone to help get you out of the rut and focused on exactly what needs your attention? That’s why you need a business coach, to helps you through the rough times and help you improve the skills you need to take your business to the next level.

Even GOATs (greatest of all time) have had coaches.

• Chicago Bulls immortal Michael Jordan’s didn’t win a championship until he had Phil Jackson as his coach.
• Mary Lou Retton’s became an Olympic phenom through the coaching of Romania emigrant Bela Karolyi
• Even entrepreneurial icon Steve Jobs had a business coach in Bill Campbell

How a business coach helps you increase your success

A business coach helps you to expand your abilities so that you can become more. Think about it…why does your business make you feel stuck? You’re in charge, so you can do whatever you need to get it moving. So, why haven’t you done it?

It’s because you’ve exhausted your skills and competencies. You need an outside perspective. Someone to guide you through the process of adding the additional skills and competency needed to get to breakout from your current thinking!

But beware, you must grow both personally and professionally. So, make sure the business coach you use can help you with both areas. Or hire two coaches who can collaborate and provide holistic advice.

This is what’s unique about Business Growth Simplified. Our business growth framework starts with the personal perspective using our Personal & Business Goal Assessment. Then the business coach helps you design a business strategy that allows you to use your business as a vehicle to live your life exactly the way you’ve always dreamed of.

What Do You Need to Move Your Business to the Next Level?

First and foremost, make sure you’re focused on the 8 factors that impact business growth. Remember they’re grouped into two categories – leadership (personal) and company (business). These 8 factors form the basis of the skills you need to move your business forward.

However, an even more fundamental set of behavioral skills exist. The most highly successful leaders have mastered these as well. Now be honest, which of these skills have you already mastered to get to the next level?

1. Accountability
2. Discipline
3. Problem-Solving
4. Planning
5. Delegating
6. Implementation

A competent business coach helps you master these success tools while focusing on the 8 business growth factors to make sure you don’t fall short. Let’s take a look at how these behavioral skills work together to create even greater business success.

A business coach provides accountability

Accountability means being responsible and keeping commitments. If you don’t have this skill yourself, then how can you expect others that work for you to be responsible? Good leadership means walking the walk, not just talking the talk.

A competent business coach holds you accountable to do what you need to expand your comfort zone and expand your abilities. As you master the skill of accountability yourself it becomes easy for you to apply what you’ve learned to your team which helps you build and grow your business faster.

Better accountability leads to better discipline

We define discipline as “the practice of training people to obey rules or a code of behavior, using punishment to correct disobedience.” If you want a self-sustaining business, then you need to train others to do the work necessary (delegate) for the business to generate a profit.

One complaint I often hear from owners is nobody can do it as well as me. That’s because they haven’t mastered the skill of discipline. As a result, they can’t get others to do what they do and get stuck in the process. A good business coach will work with you on discipline so that you stay more focused on what’s important to achieving your objectives.

Master problem-solving to reduce your stress level

As a small business owner, solving problems is a way of life. So, problem-solving had better be one of your greatest strengths. If you’re hoping that someday there will be no problems, think again.

Life is just a long journey of problems to solve. Accepting this fact will help you become gain a different perspective on life and what’s possible.

To deal with fewer problems you need a team of problem-solvers. That’s right, you need to delegate again. Just like teaching others how to do anything, you need a process to help people learn to solve problems. A great business coach can provide this process and help you master it so that you can share it with your team.

Your business coach helps your planning

Most small business owners hate planning. But that’s because they mistakenly associate planning with a long and complicated process. I have news for you, if you stop and write down a “to do” list then you’re planning!

The complexity of your planning directly correlated to your product/service delivery process. The more complicated your customer journey, the more complex your planning must be.

You simplify your planning by building processes/systems. This is the plan you replicated over and over every time you sell a unit of your offering. Systems are one of the 8 factors of business growth and sets the stage for everything else in your business.

Delegating: your key to business success

Delegating means getting others to do what needs to get done. If you ever want to step away from your business, then others need to do the work you do – all of it! That means mastering the skill of delegating.

As you master some of these previously mentioned skills, you’ll find delegating becomes easier and easier. Planning defines the work. Accountability sets the expectations. Problem-solving provides a method for handling deviations from the process. Discipline helps people gain confidence and respect for themselves and what they do.

So, you see, it’s all tied together. A competent business coach can help you tie it all together.

Implementation puts things into action

Most small business owners are already action oriented. Action without focus and discipline wastes time, resources, and money, all the things that make you inefficient and unprofitable.

Implementation applies these previously mention skills to work creating focused action. The result increases your productivity and profitability. Add this to a team of people and you gain the needed support to build a self-sustaining business.

So, why haven’t you hired a business coach yet? Embarrassed, too expensive, don’t know where to start? Click the icon to find out what BGS 1:1 Coaching has to offer and get started today.