Five Signs You Need A Business Coach
Hiring a business coach will give you practical feedback on how you can best manage your company, increase revenue and develop your CEO skills. We’ll set out five signs in this article to suggest it might be time to employ a business coach.
1. You see no clear path forward.
This can apply to many aspects of your business. Do any of these cases sound like you?
- You are lost in terms of understanding your role as a CEO.
- You don’t know what your day-to-day tasks should be.
- The business’s direction changes multiple times over the course of several weeks.
- You don’t have a clear set of priorities or plans written down.
CEOs, particularly those of companies that they personally founded, are usually jacks of all trades and have had their hands in every aspect of the company. We also have a hectic and hurried air about them which can be a tough habit to break when we take a step back to lead the business. Startup CEOs would also find their time occupied with conducting tasks that could easily be assigned to an employee at a lower level.
A business coach will assist in setting your position and responsibilities as CEO. Writing down your objectives in accordance with the strategic goals of your company will help you relate your actions directly to the goal-based result you’d like. In addition, a business coach will help you let go of the urge to do everything inside the organization.
2. You’re overwhelmed.
A strong indication that you’re stressed is when you’re always thinking when it was the last time you had a break or were going home on time. If you feel this way, you need to ask yourself the hard question of whether the day-to-day things you do push you toward your target. Many often than not, business owners find that they invest too much time on things that aren’t productive, even when at the moment they may appear successful.
A company coach should analyze your everyday activities critically, and how you do them. From there, they will list which tasks are to be assigned, and how you can efficiently execute the tasks that need to stay within your remit.
3. You need more personal accountability.
You may have written down your goals for yourself and your company, but just don’t seem to be able to achieve them. If you consider that “these goals are too high,” you should ask yourself if you are still pushing yourself to do whatever you can to achieve those goals. Everybody knows that breaking a commitment to yourself is just too easy. As well as being your accountability partner, a company mentor would also be able to look at your activities critically and tell you where you’re wasting time and energy.
4. You want to develop new skills
If you’ve been praised for your natural leadership skills or know you’re lacking faith when it comes to your ability to run a business, everyone can find ways to get better. Having good leadership skills at the company’s helm can only boost the atmosphere and the performance of the company.
If you’re looking for a business coach to help improve your new skills, it’ll be important to do your homework to find the right match. Whether you’re focusing on soft skills, such as teamwork or negotiation, you’ll want to find a mentor that you’re confident with to open up to and have a safe place. When searching for a coach for a hard skill, like a new technology, you should ask for testimonials from the coach’s past clients to see how their skills improved with the help of that coach.
5. You’re in a rut.
Did you feel indecisive about your business? Even with an optimistic entrepreneurial spirit, stopping your activities can be intimidating, hard to make a decision. Rather than falling into a rut, hiring a business coach will provide you with brainstorming advice and execute a strategic plan to effectively develop your business.