Has anyone here worked with a business coach or mentor? I'm curious about the experience and whether you think it's worth the investment. Did it help you grow professionally or achieve specific goals? Any tips for finding the right one, or things to look out for?
Would love to hear your thoughts!
Hi
I've worked with a business coach, and one of my clients is currently working with one. My take on the process is - what concrete and specific objectives are you working on with them? I don't believe everything about running a business can be reduced to a number, like revenue increases or cost reductions, but there should be some sense of a concrete goal - like employee turnover, profitability, or even - reduction of hours you as the owner have to be involved in the business, ability to take a vacation, or the like.
Almost any community has several, but they don't necessarily advertise a lot or even network a lot outside of their circle. If you have a strong relationship with your chamber small business team, know people in BNI circles (or are in BNI yourself), these may be good places to look. Bankers and CPAs sometimes know competent business coaches as well.
A red flag for me is "We've got a system that will radically transform your business - you're so lucky you've found us because we have the secret." I tend to like working with people who acknowledge that much of consulting, coaching, and mentoring is the "blinding flash of the obvious."
Man! I can't say enough about a program I've been in for years. https://www.btacademy.com/ These guys made me into a business owner.
If you can fix a business that's not profitable or build systems so you can take back your time and freedom it's worth the cost.
Something I didn't think about joining a program like this at first was the culture of the group. Although it's not part of the program, it matters.
Regardless of the program I think any kind of coaching is awesome.
