Building an online business is tough. It can be even more difficult if you’ve never run a business before.
Enter the business coach.
Every online entrepreneur should hire a business coach because a coach can help make your business succeed more than you could on your own.
Think about it. Some of the most well-known business moguls of the day had business coaches. Steve Jobs was coached by Bill Campbell, Jodie Foster had Robert De Niro, and Andy Murray’s coach was Ivan Lendl. If the greats have had business coaches, why shouldn’t you have one too?
A typical problem that entrepreneurs have is that they work by themselves. It’s great to have a go and get it attitude and be willing to put in the extra hours, but doing it alone will only take you so far. You will find yourself making common mistakes such as:
- Becoming Overwhelmed
- Knowing What to Do but Not Doing It
- Not Getting Results
- Losing Time and Money
- Listening Only to Your Own Ideas
- Feeling Frustrated by the Work of Others
- Experiencing Stagnated Growth
When you begin seeing these problems pop up, then you absolutely need to hire an online business coach.
But what exactly does a business coach do? Why does every entrepreneur need one? Put simply, a business coach does exactly what every other type of coach does: helps you succeed more than you could on your own.
3 Reasons Why You Need a Business Coach
A problem that you can run into as an online entrepreneur and CEO of your company is that people won’t always tell you the truth. Your employees might be afraid of suggesting new ideas for fear of possible negative repercussions. With a business coach, you don’t have to worry about that.
Dr. Cherry Collier from Personality Matters, Inc. agrees. “The higher up the ladder you are, the more people tend not to be honest and just comply. The same thing can happen to entrepreneurs because they have a tendency to work alone; they have the tendency to only hear their own ideas. We all need checks and balances. A coach can help you.”
A good business coach will tell you how it is and won’t be afraid to disagree with you. Instead of just shooting down your ideas, they will help guide you to better ones that will improve your business.
Another reason that every online entrepreneur should hire a business coach is for accountability. How often do we break promises to ourselves? Most likely, it’s fairly often. But, when we make promises to other people or involve others, we are more likely to actually deliver on that promise.
Hiring a coach gives you an accountability partner and someone to report back to. When you run a business, things get busy and it’s easy to lose focus. A business coach will help you realign your focus to complete the things that really matter.
Make More Money
A good coach will help you be more successful in your business and that includes making more money. Your business coach will usually come from outside your business and because of that, can help you find new ways to make your company appeal to your audience.
In addition, as Derek Hunter of William Roam says, good coaches also have a strategy. “Every good coach, whether it be sports or business, has a process. Phil Jackson ran the Triangle Offense and won six NBA championships with Michael Jordan. Vince Lombardi won five Super Bowls creating what he called an Execution Strategy, combining spiritual and military discipline. Find your coach. Find your strategy. Then cash in.”
Start Looking for Your Business Coach
Every online entrepreneur should hire a business coach because these coaches have been through the process of starting a business. They know what it takes to be successful and they will help your online business do the same. After all, every great sports player has had a coach and many successful business owners as well. Why shouldn’t you?