What is the value of hiring a business coach or consultant?
Have you hired a business coach or consultant before and was it worth it? What did you gain?
I've worked with several business coaches, however, I didn't hire them. The arrangements were volunteered or exchanged for reciprocal goods or services of value. What I can tell you is that I would have gladly paid for their services because the insight and feedback was valuable.
The only caveat I will add is that, everything is dependent on how you and the coach mesh. They need to understand your current situation and your goals, but you also need to work well together.
I highly recommend working with a business coach to improve yourself and your business.
In Western Australia, we have the Small Business Development Corporation. It is government run. It's free and every time I get stuck, even before I started my business started, I contact them and they are great at guiding me in the right direction. I feel like I don't really need a business coach when they are available.
I know I am late to the party on this one, but absolutely. I have worked with two different people/organisations for different reasons and felt that there has been great outcomes as a result.
They pushed me to learn things about myself I was not going to by myself and made me realise there were strengths I had I was not taking advantage of.
If you need names, let me know.
I am a business coach and facilitator. It sounds weird, but it took me a couple of years to find a coach as I needed direction, validation, and accountability like anyone working for themselves. I am also very careful with any business expenses. It is important to find someone that clicks with you and your business so be picky, and get plenty of quotes, referrals, etc.
For me, I am a coaching advocate. PLC CEO's have coaches, Olympic Athletes have coaches, and our children have coaches. Coaching is a critical part of everyone's existence. My coach has helped me achieve more in a few months than what I did in a few years. The advantage of coaching is that you do the learning and the "doing", meaning that results are sustainable. You increase your capacity to grow.
I have consulted before, and in short - it doesn't work for small business. It is expensive (as it takes a lot of the consultant's time), and having someone give you answers does not give you buy-in. Reports and recommendations are made, but rarely is there lasting change.
Find a coach to help you crack the obstacles. It may be from a government body, or an independent - whatever works for you. I hope that is helpful!
I am a business coach, I'll say that up front so obviously I am biased, but the point I want to make is this: You can't actually answer the question you asked. There are great coaches and there are not so great coaches and what's moresome coaches are systems driven (they have a system and they help you implement the system in your business) and others are completely person focused (they help you become a better business owner) and others are somewhere in between.
And finally... whether or not you will get value from an engagement with a business coach is just as much dependent on you as it is on him or her. You have to be ready, you have to be clear what it is you want to achieve, you have to be prepared to change and do the work and set the time aside, and you have to be coachable, meaning, you have to be open to feedback and input and being held accountable and being asked the questions you may not want to hear.
You're right there's thousands of business coaches... how do you decide which one is right for you? trial and error. Look for a coach who is prepared to give you one or more trial sessions and who has a system for trying out the engagement and then get some recommendations and try out 2 or 3 or 4
That's the only way
Hope that helps
PS... happy to have a 30 minute discovery conversation with you of course... drop me a line
The value, that depends on the goal and the person wanting the solution.
A coach can start out with a brief that says the client wants to achieve a better work life balance, however they may soon discover that to get to that they need better organsiation of their systems.
The client may not understand th is and become disillusioned and could become resistant to the ideas and or change.
POne coach may be able to effect change with a few chats and some guidelines, yet another coach may appear of greater value by showing a slick range of bells and whistles. The client may well see the handouts, to do lists, strategic operational guides etc as being some form of wow factor. Therefore a greater percieved value.
Thanks Jef. How do you evaluate whether they're the right one for you? There's sooo many coaches/consultants out there. It's hard to differentiate between them.