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Small business coaching is hot. A few years ago the only coaches anyone talked about were sports coaches. But today, PriceWaterhouseCoopers estimates that there are 30,000 business and life coaches worldwide.
Thousands of small business owners and managers turn to coaches every day to improve their personal skills and business results. You can, too. But first you have to determine if you're ready for coaching. Then you have to select the right coach.
Are you Ready?
Rosa started her business out of her home. She made money, but not as much as she felt she should. She was frustrated that she couldn't find time for her family. That's when a friend suggested that a small business coach would help.
That's a typical situation. Most small businesses owners don't start out using a coach. They usually come to coaching when they've had some success and when they know they could have more. They usually come to coaching when they're ready to listen and when they need a little knowledge and a little nudge to do the right things.
The best coaching in the world won't help you if you're not ready to be helped. So before you go hunting for a good small business coach, answer the following questions.
Are you ready to listen to the things you need to hear? A good coach will ask you about things you haven't thought of and push you to think outside the box. That's often scary.
A good coach may also tell you to change the way you do some things. That's hard for many small business owners because it means admitting that you've made some bad decisions and choices.
Are you ready to take a hard look at your business? Even the best coach can't help you if your business can't deliver quality to enough people at the right price. Sometimes a business simply can't succeed because the market is too small or too hard to reach.
Are you ready to pay the price? Coaching does not come without a price. You will pay a price in both money and time. You may even realize that you need to invest in new things for your business.