As the CEO and owner of your business, you may be asking yourself questions like:
“Why am I not growing any faster?”
“How can I scale my business so it’s not dependent on me?”
“How can I avoid the feast or famine cycle month to month?”
That’s okay! You’re not alone.
Enter a business coach…
Personally, I don’t care for the term “business coach,” as it’s taken on many different forms over the last few years. Some of them are not so useful…
Every day, I see ads for business coaches who have never grown a business, had to manage 25-50+ employees, or know what it takes to scale to 7 figures and beyond.
I think that if they’re as good as they claim, they should guarantee their results. Sadly, few (if any) have the chutzpah to put their money where their mouths are…
But when you find a good one, they’re worth their weight in gold.
Like a sports coach, a business coach’s job is to help you develop the skills and resources you need to be ultra-successful.
An expert business coach will help you:
- Identify overlooked opportunities (and problems)
- Find immediate growth opportunities (aka low-hanging fruit)
- Scale your business so it’s not dependent on you to survive and grow
It’s no wonder why many of the world’s top entrepreneurs (like Bill Gates, the founders of Google, and Richard Branson) credit much of their success to their business mentors.
A good business coach will provide you with a positive (substantial) ROI inside of 12 months… Often much less. In fact, it’s not unheard of for a small business to double their revenue within a few months.
So, how do you know if a business coach is right for you and your business?
Here are 5 telltale signs it’s time to seek out a business coach:
1. You feel stuck
Most people underestimate the amount of strategic thinking necessary to take their business to the next level. For many business owners, hard work is their primary strategy.
The good news is that hard work is what got you where you are today.
The bad news, however, is that hard work won’t get you where you need to be tomorrow.
Hard work doesn’t scale, and you’re limited by the number of hours you can squeeze into the day… As a result, revenue plateaus and your business becomes “stuck.”
2. You have no one to turn to
Have you ever heard this adage?
“It’s lonely at the top.”
That’s the case for a lot of small business owners. Maybe you feel like you have no one to bounce ideas off of, no one to confide in… And frankly, your spouse is probably tired of hearing it.
No matter how hard your significant other wants to help, you’re in this alone.
Research from the US Department of Commerce shows that your income potential is 4,500 times larger with a good team behind you.
So, by merely having a good business coach, you’re increasing your probability of success.
As a member of your advisory team, a business coach is your sounding board to help you flesh ideas out, get clarity, and establish actionable strategies.
This alone is priceless!
3. You’re overwhelmed with options, and don’t know where to start
All of us know, at some level, that we should:
- Generate Leads
- Nurture prospects
But where do you start?
There are over 5,000 new ways to market to your clients. What’s working best for your business?
Perhaps you’ve hired a lead generation firm before and had terrible results. Your mother-in-law suggests you should be on Pinterest, and your crazy cousin (who knows nothing about business) says Twitter is coming back…
You see ads every day touting the latest and greatest shiny-penny approach to making millions of dollars in revenue. Which one is true?
A business coach can help you see the forest for the trees – and tell you exactly where the most significant opportunities are.
Moreover, the best business coaches follow an exact process.
A good coach will spot where the breakdowns are, help you build a proper sales funnel, and take your business to new heights.
Also, perhaps one of the best parts about a good business coach: they’ll hold you accountable.
Let’s face it…
To reach your dreams and goals, you need to put in the focused, disciplined work – and a business coach will call you out on your B.S. to ensure you’re meeting the mutually agreed upon objectives.
A coach is not only accountable to you… You’re responsible to your coach.
A coach listens, empathizes, and then pushes you outside your comfort zone.
There are no “magic” buttons in the world, and your coach will hold your feet to the fire.
Your growth will soar.
If you have any (or all 3) of these signs above, you should consider hiring a business coach to take you to the next level.
If you’re asking yourself the questions I started with:
- Why am I not growing any faster?
- How can I scale my business, so it’s not dependent on me?
- How can I avoid the “feast or famine” swing and add more consistency to my business?
We should talk.
Predictable Profits has helped thousands of business owners just like you (across 55 different industries) to scale and reach their first or next million in revenue, backed by a rare and unique performance guarantee.
We help our clients identify what obstacles are limiting their growth, and provide them with actual strategies for getting real results. Let’s chat!
In your corner,