Starting your own business can be exciting and daunting. It means coming face to face with hidden beliefs and behaviours that may be coming in the way of success. Coaching helps you craft a vision, take responsibility, prioritize strategic thinking, and complement the best-laid plans with systematic action. Entrepreneurship involves a significant mind-set change but the right positive self-talk is the first start point.
One of the most asked questions is ‘Will coaching help me? Will it help my business?’
Yes. It most certainly will and here’s how:
- Coaching can increase self-awareness. What are you passionate about? What are your strengths, weaknesses, opportunities and threats?
- It can help improve your satisfaction levels by making you see your own stories and rewrite them
- It can enhance growth opportunities – once you get an idea of your weaknesses, you can work on them and see never-before growth opportunities
- It can enable you to get along better with people by opening your mind to multiple points of view
All good things to look forward aren’t they?
According to coaches.com, good coaches:
- Create a safe environment in which people see themselves more clearly
- Identify gaps between where the market is and where you need to be
- Ask for more intentional thought, action and behaviour changes than the business owner would have asked of him or herself
- Guide the building of the structure, accountability, and support necessary to ensure sustained commitment
A lot of organizations/start-ups engage with coaches to help their founders and frontline managers with the above benefits. Coaching is increasingly being used to fine-tune the talents of people who’ve been identified as rising leaders.
The benefits of business coaching are described below: