With the current economic uncertainty, many former employees are taking destiny into their own hands by starting a business.
However, there are some skill sets that are needed to become successful in growing your enterprise.
You shouldn't have to go it alone nor should you have to re-create the wheel.
Success leaves clues and it may be a better strategy to learn from those that were once in your shoes.
Business coaching provides this type of value and can put you on a quicker path to success.
Most people are familiar with professional athletes in any sport.
The one thread that they all have in common is coaching.
In some cases, your favorite athlete may have a team of coaches to help them in their chosen field.
These coaches can share a unique perspective to enhance God given talents.
It is unimaginable to see an athlete that is on the world stage without a coach by his or her side.
Most business industries are just as competitive as their athlete counterparts.
Each business finds themselves competing for the same customers.
What differentiates your products or services so that you can make the sale? Business coaches can help you develop a Unique Selling Proposition that would differentiate your product or services over your competition.
Everyone has strengths and weaknesses.
In fact, many former employees remember answering the infamous "strengths and weaknesses" question.
Also, employees have their references checked from supervisors that gave objective reviews.
Business coaches work in the same way in that they can enhance your strengths and build on your weaknesses.
A typical trap is for the new entrepreneur to attempt implementing all aspects of his new business.
The business coach can point out the shortsightedness of this approach so that you can work on your business instead of in your business.
Coaching produces value because all business coaches focus on results.
The business coach can point you in the right direction so that you can increase your bottom line.
More importantly, a coach may also help you in areas where you can learn to sell complementary services to your existing client base.
Employee retention is also important as your business grows.
You coach can highlight strategies so that your future employees will be happy where they are and not seek opportunities with your competitors.
There will always be challenges and solutions as your business grows.
Leaning on a "trusted advisor" can prove beneficial to help you ease through these transitions.
As you start the path of entrepreneurship, you are extremely attached to your business.
It is very helpful to do something that you love; however emotions may cloud the bigger picture.
Business coaches can also help refine your perspective so that you can manage your business as objectively as possible.
Most coaches have worked in many scenarios so they have developed a thicker "tolerance" in understanding your core desires and concerns.
This empathy will go a long way to prove that you are both on the same team and a successful outcome is imminent.