Business Coaching

COACHING PROGRAMS

Business Coaching

What Is Business Coaching?


Whether you are running a small, local business or looking to build a worldwide company, the benefits of business coaching cannot be overstated.


Running a business can often feel like a very solitary pursuit. However, as with most things in life, having an experienced mentor that you can rely on is one of the most valuable resources available to business owners.

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Business coaching is a common and essential practice for entrepreneurs, CEOs, and business owners who want to advance themselves and their companies.


While there’s plenty of information and advice available online on starting and growing a business, all of it is, by nature, generic and not specific to your unique business. On the other hand, business coaches can provide something far more valuable – personalized, custom advice.

Benefits of Working With a Business Coach

In today’s competitive environment, some of the most successful business leaders have experienced tremendous benefits from coaching. 


Results include:

  • More efficient business systems and processes
  • Increased productivity, 
  • Increased revenue and profitability 
  • Higher employee retention


Our clients are expected to have experienced a measurable return on investment, increased productivity, and up to 200% revenue growth. If a person wants to learn how to play an instrument, it’s much easier to find a teacher than to teach themselves.

Likewise, if an athlete wants to improve their skills, the best thing they can do is join a team with a great coach.


We apply this logic – the fact that great coaches and mentors are the quickest routes to success – to most every pursuit, yet the same sense is often overlooked when it comes to growing a business.


Business coaches are typically expert entrepreneurs who know what it takes to make a business successful.


If a business owner has tough questions or runs into problems along the way, their coach will be able to help them navigate their issues in the most effective way possible.

Having a business coach is much like having a highly experienced partner on your team, and the value they offer to business owners is priceless.

Whether your business is struggling, and you need a way to revive it, or you simply want to take your brand to the next level, bringing on a professional business coach is one of the most effective options available.

What Does a Business Coach Do?

Business coaches serve as both trainers and mentors, training you in the skills you need to succeed in your business and serving as a source of information should you ever have any questions about what you should do. Much like any other coach, business coaches refine your talents, hone your goals, guide your decisions, and do everything else they can to ensure that you and your business are successful. Business coaches start by learning everything they can about your brand, from its value propositions to its target customers to the challenges it will face.


Once your business coach has learned everything that they can about your offerings and systems, they’ll next want to know more about your vision for your company and the goals that you have for it.

Just as every company is unique, every business owner’s vision is unique, and a business coach will need to know whether you want to turn your business into a livable income for you and your family or a multi-million-dollar corporation.


Next, a business coach will work with you to set beneficial and attainable goals for your team. You need to hit these goals to grow efficiently and achieve the vision you lay out.


Once a set of goals are in place, your business coach is there to help you meet them, aiding you in devising a set of strategies and action plans to push your business to meet its goals and helping you navigate any challenges that come up along the way.

Throughout this process, business coaches serve as an invaluable source of personalized information and advice. Running a small or large business can often feel like fumbling around in the dark, hoping you find what you are looking for.


In this analogy, though, a business coach serves as your flashlight.

What Can a Business Coach Help With?

There’s a common perception that business coaching services exist only to help owners with struggling or faltering businesses.


While helping get them back on the right track is certainly one thing a coach can help with, there are a wide variety of other situations where coaches can help owners as well. While running your own business can be very rewarding, there’s no denying that it can be very demanding and stressful as well. This is true if you are running an entire company on your own.


When you work with a business coach, however, you’ll have someone in your corner which can assist you through the challenges you will inevitably face and serve as a source of experience and expertise that you can rely on when the going gets tough.


In this way, they can make the lives of owners much less stressful, which is a priceless benefit in and of itself.

Famous Entrepreneurs Who Had Business Coaches

It may come as a surprise to know that even some of the world’s most famous and successful business owners and entrepreneurs have relied on business coaches at some point or another to help them meet their goals.


Eric Schmidt – formerly the CEO of Google – has said before that hiring a business coach was the best professional decision ever made. He admits that it took some urging at first, as he was already a successful CEO of a rapidly growing company.



Nevertheless, after being convinced by a Google board member, Schmidt decided to work with a business coach and was amazed by the results. In an interview with Fortune Magazine, Schmidt said, “everyone needs a coach.”


Other famous executives and entrepreneurs who have benefited from business coaching include Bill Gates, Steve Jobs, and countless others.

Note that business coaching is a resource that some of the world’s most successful entrepreneurs still swear by to this day.

A Few Head-Turning Business Coaching Statistics

Satisfied owners who have worked with business coaches to develop and grow their business are quick to talk about the many benefits and advantages they enjoyed throughout the process. Several surveys have been conducted highlighting the results of such services.


Just a few meaningful business coaching statistics from these surveys include:

  • A 2001 study by Manchester Inc. showed that businesses who employed a business coach saw an average return on their investment of 5.7 times the amount that they paid for the coaching services
  • A report conducted by the Personnel Management Association showed that executives who received both coaching and training were able to increase their productivity by 86% compared to a 22% increase in productivity by executives who received training alone
  • A Hay Group study showed that 40% of Fortune 500 companies make use of business coaching to train and develop their executives
  • A study conducted by MetrixGlobal LLC showed that businesses who paid for coaching saw a $7.90 return for every $1.00 spent on those services
  • 53% of business owners and executives report that it increased their productivity
  • 61% of owners report that it increased their job satisfaction
  • 23% of executives report that business coaching helped them reduce operational costs
  • 22% of companies report that business coaching increased their profitability
  • 67% of business owners and executives report that business coaching increased their work skills within their business


Statistics such as this highlight the real-world value that business coaching can offer.


Like anything else your business spends money on, coaching services are an investment – that surveys and studies repeatedly show to deliver significant returns in various critical areas.

Common Business Coaching Questions

Business owners who are considering hiring a coach often have a lot of questions.

Here are the frequently asked questions regarding coaching:

  • Q: Why do I need a business coach?

    A: For the same reason, top athletes, superstars, and corporate executives have coaches—because the coach can see the big picture, introduce new ideas, and inspire the best performance.

  • Q: How can a coach understand my business?

    A: You are the expert on your business, and the coach is an expert on business development and setting and achieving goals. The coach's job is not to do your work but to introduce new ideas, help set attainable goals, and achieve results through implementing a proven system based on our Dynamo Methods philosophy.

  • Q: What is the first meeting with a business coach like?

    A: When you first meet with your business coach, the priority is for the coach to learn more about you and your business so that they can tailor their advice to help you.

    You can expect a friendly encounter and an enjoyable discussion about your business that will eventually transform into your business coach offering specialized advice about the goals you should set for your business and how you should go about meeting those goals.


  • Q: Can business coaches help me grow my business?

    A: A business coach can help you put strategies in place to grow your business if that is your goal.

    Coaches also work to help make you more productive, do your job, run your business more manageable, and help you achieve all aspects of your vision for your company, including but not limited to its growth.

  • Q: Can small businesses benefit from business coaching?

    A: Small businesses can undoubtedly benefit from business coaching, perhaps even more so than large corporations.

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