Seasoned entrepreneurs know they can’t do everything themselves. It can be tough to admit, but it’s okay to ask for help – in fact, the most successful business owners continually leverage the knowledge and advice of others.
No matter what stage your business is at, a mentor can be the key to progression, growth, and lasting success.
If you find yourself feeling overwhelmed, stuck, or on the verge of giving up, it may be time to seek out a business coach. The following extract from Forbes can help you determine if it’s the right decision for your business. Here are eight surefire signs it’s time to hire a business coach:
1. You Are Overwhelmed
The No. 1 sign that it’s time for a coach is when you hit that feeling of being overwhelmed. You are overwhelmed by feeling like there is too much to do and too little hours in the day. You are overwhelmed by not knowing how much profit you are making at the end of your month. And you are overwhelmed because you don’t feel like you have control of your business, your employees or your vendors.
2. You Need a Confidant to Talk About Your Business With
Standing center stage holds an expectation for excellence. Who can you trust to speak without feeling exposed, or impairing your credibility or reputation within the organization or itsclients? How would it feel to have a safe sounding board for honest feedback on your ideas and a partner to support you in the process of design, implementation and evaluation? Time to hire a coach!
3. You Intellectually Know What to Do But Don’t Do It
You need a coach when you “know” what to do but don’t implement. Lack of change typically occurs because you need to experience some paradigm shifts that require someone with an outside perspective challenging your assumptions and because you need someone to help you translate general principles into specific steps that you can take in your own life.
4. You Aren’t Getting the Results You Want
Sometimes we think we know the right path to take in our career growth or business growth, but we come to find it isn’t working. In order to get results we want, we may need guidance from someone who can see things from a more objective view, not a subjective view. Turning to a business coach can increase ROI, surge active engagement, and allow one to remove obstacles that are precluding results.
5. You Want to Save Time and Money
If you’re business or thinking about starting a business and thinking, “Wow, I could really use someone to help me figure out the best way to do this,” you should be considering getting a coach. Going the “lone wolf” route can cost much more in wasted time and money, and that can all be avoided by working with an excellent coach.
6. You Find Yourself Listening Only To Your Own Ideas
The No. 1 sign you need to hire a business coach is when you find yourself only listening to your own ideas. 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.
7. You’re Feeling Stuck and Frustrated by Others
My clients often have a similar story reappearing in their lives in different ways. A great time to work with an executive coach is when you find yourself repeatedly frustrated by others around you at work, or if you can see that you have some unhealthy workplace dynamics, but you’re not sure how to really shift them. The unbiased perspective of a coach can be just what that executive needs.
8. You Want Your Company to Grow
If you’re alive and breathing as an entrepreneur, you need a coach. I’m not only a coach, I’m also the CEO of a company of 40 people. I’ve hired half a dozen coaches, been the beneficiary of a couple dozen mentors, and worked with multiple therapists. Your companies only expand at the rate of your own growth. Find a coach you can rely on and get to work. The ROI is ridiculous.
Are you ready to make some powerful changes to your business in 2018? Whether you’re experiencing cash flow issues or struggling with work-life balance, I can provide the tools and perspective to help you overcome obstacles and achieve your goals. Schedule a FREE introductory call today!
What’s stopping you from hiring a business coach? Let me know in the comments!
For similar tips and advice, head over to Forbes.com.