F.A.Q.
Should I hire a business coach?
If your company is stalled, a coach could be the catalyst you need. The best time for a small business to find a coach is if they're feeling overwhelmed, if they're not profitable and they're really looking to make a change happen in their business and not sure how to do it. Sometimes you need to hire a coach to help you take your small business to the next level. Someone who can offer a different perspective and help you find the push you need to get there.
I'm a small business owner do I need a business coach?
Business coaching and training is not just restricted to large Fortune 1000 companies. Small businesses and entrepreneurs are also jumping on the coaching bandwagon. Four years ago, less than 5% of small business owners invested in coaches. Now, up to 20% of American small business owners and entrepreneurs are reaping the measurable benefits from business coaches as they continue their efforts. If you are a small business owner or entrepreneur and haven't hired a coach, maybe it is time to make that crucial decision. Consider the possibility that your competition already has hired a results driven one and is reaping at least a 2 for 1 return on his or her investment.
What should I look for in a business coach?
Some things to consider include how many current clients a coach has, any association memberships, certifications, degrees and success stories. Find someone who's good at training and teaching and someone you feel comfortable with. Chemistry is important, don't automatically eliminate a prospect because their style doesn't match yours. Think had about why you're clashing. "A good coach will take you out of your comfort zone into uncomfortable waters."
How much does most business coaching cost?
Most coaches will charge from $150 to $500 an hour, and a good one will grant you a complimentary initial consultation. Treat your coach as part of the startup investment. An effective business coaching or training program or an executive coach can deliver at least $2 for every one dollar invested. This investment is quickly recovered due to the immediate increase in individual performance.
Does my business coach have to be familiar with my industry?
No. Coaching is more tailored to your individual business— that owner or manager — and specifically what they want to have as an outcome.
How should I select a business coach?
Be sure to get the names of past clients, and contact them as references. Interview a coach the same way you will select a candidate for hire. Select someone that you feel comfortable with talking to, someone that you feel can help you in taking your business to the next level, and lastly someone with experience of being of a business owner. You could have 5 certifications and 2 degrees but if your coach has never ran a business then you should be skeptic in hiring them to assist you with your business.
Give Back Genie
11650 Lantern Road Suite G
Fishers, In 46037
(866)423-1051
