Team Coaching To Business Coaching, It Gets You In The Game
A physical sport is a team activity. If you're not on a team, you're playing all alone. That's why people, especially in their early stages of business and entrepreneurship, should consider joining or forming a coaching group. Whether it be for motivation or help with resources, there are two key benefits that come from being coached by other entrepreneurs: 1) networking and 2) accountability.
Networking: You can essentially trade your expertise for someone else’s to make connections that result in mutually beneficial relationships (businesses often find themselves in the same situation).
Accountability: Your coach will be your biggest cheerleader and supporter, but he or she can also fire you if you're not pulling your weight. In the long run, it's good for everyone involved to get back to work on the business. Coaches are people who can provide that accountability.
The best coaches are those who have had their own business fail, pulled off a major entrepreneurial achievement, or come from similar fields to yours (finance, operations, sales) — all of which provide some great life lessons that translate into your coaching experience and can help you in the big picture as well. A coach is someone who has already gotten the scar. He or she can relate to your struggle and can provide you with a more practical perspective than perhaps your best friend or closest colleague, so you can make better decisions faster. A coach is not just a cheerleader, he or she is also someone who will push you to be better than you were the day before.
A few years ago I was coached by an entrepreneur who had gone through what I was going through at that time: starting a business early in life without any prior experience in management or marketing; dealing with employees; making payroll on time; and transitioning from one industry to another while keeping up with competition.
Believe it or not, there are a lot of people who would love to sit down with you and help you make the right decisions, but most of them simply don't know what they're talking about. Learn from a coach who can give you some objective feedback and take action on it. Often times I have used my life experiences to create new coaching methods and strategies that I've then tested among my clients. Coaching is simply another way of thinking.
If coaching is the secret to success in business, the key lies in getting your business coach's knowledge and experience spread around to other people around the country. This is where you come in. You want to eventually spread your coach's influence to other people around the country, so that your coach will remain relevant and important in the world of business.
The way to accomplish this is by starting your own coaching group or business and bringing a group of people together who will help you scale it. This is an ideal situation for an entrepreneur, because it allows you to learn new ideas and get feedback on your current ones. You can test out new methods of customer acquisition if you've grown tired of your current marketing strategies, find a new space for your office if it's running out of room, or get more advice on how to run your company more efficiently.
The best part about taking on a new group of clients is getting to hear the stories behind the people you bring in. The worst part is that you won't be able to help them as much, yet it will still be useful to have their input on your business and your clients.
In a way, coaching groups can even be used as a way of experimenting with new business ideas and ideas for marketing strategies. For example, many small business owners will arrange coaching call-ins where they can meet with their clients over the phone. This allows them to get feedback from more people than they would be able to meet with in person, and it is a great way of making yourself seem more accessible to your clients.
In addition, if you don't have the resources or time to pay someone an hourly fee, you can always offer to trade services with another entrepreneur. You can help him or her out by sending a few of your clients over to his or her website or office, and he or she can do the same for you. In this respect, you are both gaining clients, and the help you provide each other is something that helps both of your businesses.
Coaching is not just a way of thinking about how to take your business to the next level; it’s also a way of thinking about how to accomplish any goal. Coaching a team or bringing together a group can be an incredibly fulfilling experience for everyone involved, because everyone will learn something (see The Team Coaching To Business Coaching It Gets You In The Game ). If you happen to be in charge of this team, it's important that you remember that the success of your company depends on the collective success of each employee. By creating a place where everyone can share their ideas and learn from one another, you'll be able to bring about real change that benefits everyone in your company.
If you’re looking for new inspiration and ways to create better business habits, subscribe to my weekly newsletter. We will explore every aspect of creating good habits through your entire team.
The book I wrote with my cofounder at The Energy Project, Tony Schwartz is called “The Power of Full Engagement: Managing Energy Not Time to Get More Done in Less Time." We have studied what the most successful leaders do differently from their peers, and have found it’s not the amount of hours they log at work but rather the way they use their time. People who are fully engaged in their work and enjoy what they do have more energy, improved performance, and greater productivity. If you want to learn more about how to create a thriving business culture, get the book here.
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About The Author Hey! I'm George Smith - the founder of The Energy Project. I am an entrepreneur, speaker, author, life coach and energy healer all rolled into one - which means I can give you a little bit of everything.
Conclusion
There is no final formula for how to create your business. This is because the number of businesses that succeed and those that fail is extremely high, which means that there are thousands of different strategies that have worked for others and can work for you. There are just as many different theories on the best way to create a successful company as there are people who believe in it.
However, based on my experience, it seems like one common denominator among most businesses is their need to hire more employees. Once you have taken each step necessary to transition into a full-fledged business owner, you will meet with increasing amounts of resistance from your employees, especially when they realize your efforts to grow the company can affect their job security.