We all look for guidance on how to grow our business but are unsure of who to trust? Check out these 8 tips to hiring your first business coach.
You’ve probably heard that the most successful people and businesses have coaches and mentors. According to statistics, only 1% of business leaders hire a business coach, with 90% of those seeing improvement once they hire a coach. If you want to scale your business or fast-track its growth, there is no denying that the right business coach can be an indispensable resource that will help you solve problems and strategize.
There are several considerations that you need to make before hiring a business coach. If you don’t have an idea of how to go about it or how to vet these coaches to reap the maximum benefits of hiring a business coach for your business, don’t worry — we got you covered.
8 Essential Tips to Hiring the Ideal First Business Coach for Your Business
1. Review their resume
You don’t want to pay top dollar for a business coach who lacks proven success and experience in their job. It would even be much better if you got someone who understands the nitty-gritty of your industry. Moreover, the most suitable business coach should help you succeed if they have helped other businesses succeed.
2. Look for reviews
It is helpful to understand the satisfaction rates of the business coach you are working with. Reputation is essential when looking to rely on a business coach. As their advice can make or break your business. That makes it important to review their website. You can also check out their social media reviews, which might signify disgruntled customers.
3. Consider their experience
You should look out for an experienced business coach who has a transparent system of doing things. The best bet is to look for someone who has walked the path you wish to. For example, if you want to set up a business that turns over $100,000. Look for a coach who has done just that. They will then have a system to show you how they did it. Experience is the best teacher.
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4. Confirm if whatever they offer meets your needs
You should also check if whatever your potential business coach offers in their packages is something that your business really needs. Weigh out the options on offer and find the best package that suits your business.
5. Check their client testimonials/referrals
You can tell a lot about a coach by looking at the kind of clients they work with. Another benefit is to see some of the results that they have achieved with those clients. It will give you a broad outline of what you can expect.
6. Consider other financial obligations
Your business most likely doesn’t have the kind of limitless cash to invest in this aspect of your business. Take into account a business coach is not a miracle worker. All strategies take time to implement. So, make sure you have enough cash flow to invest both in your business and a business coach before committing to a package you cannot upkeep.
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7. Consider different offers
Consider all different business coaches to find the one that most aligns with your business goals. For example, some may charge you for a vetting call. If you are tight on funds, they are probably not the best business coach for your business.
8. Understand their communication policy
It is essential to understand the communication policy of your business coach. You cannot determine your compatibility with your business coach if you cannot speak personally with them. Some coaches have a no-contact policy outside sessions, while some even charge for every message. There you have it! Understand their communication policy before you are in for some surprises.
Time to take your business to the next level
Hiring the right business coach is an important step to the success of your business. Follow the above eight steps when hiring your next business coach and reap massive benefits in your business.
Book a 60-minute strategy call and see what Missy Bonet can help you with.