When it comes to entrepreneurship, some will argue that having experience in a rigorous set of working environment before coming to establish is the perfect way to go. Others sing tale of in-born instincts that are naturally present in all entrepreneurs, giving them a clear line of sight on their journey to excellence. Whatever your philosophy maybe, the essence of having a coach at one stage or another in your adventure from start-up to Fortune 500 can never be overstated.
As entrepreneurs, our instincts by default commands us to take on everything on our own.
We dig in, contribute the extra hours, burn midnight oils and remain inexplicably motivated against the odds. Because of this, it can be quite confusing as to why you may need a coach. We’ve put a list of 5 inarguable reasons why you need to have a coach whether you run your business on the internet or happen to be an entrepreneur of some sort.
Reason 1 – Accountability
Accountability is one of the most important faucets on entrepreneurship. Sometimes, when you’re at the helm of affairs in your start-up, you’re hardly accountable to anyone but yourself. Having a coach on the other hand can help you to set clear goals and milestones and encourage you to take action by demanding accountability and updates on the progress you desire to attain.
Having a coach on your journey to success helps you to develop self-awareness and mindfulness as both a business owner and a model for employees to follow. This way, you remain conscious of your goals and have an internal drive to meet and surpass your goals.
Reason 2 – Time, effort and money
If you’re going to be getting a coach, chances are you will be opting for someone with knowledge in your niche. To this effect, the right candidate is one that comes with a wealth of experience that can help you save time, effort and money. If you run your business all on your own, it can be challenging to make all the decisions correctly. Sure, you can tell yourself that you can brave it on your own, but a business coach who has worked with many start-ups and online business owners will provide invaluable guidelines, sense pitfalls and raise red flags on some of your ideas that you may have considered economically benefitting or fail-proof. This consequently saves you a lot of time, effort and money from pursuing unfeasible projects and implementing adverse strategies.
If you run an online business and have a firm understanding of how competitive the internet space is, you will value the experience of e-commerce, ads, PPCs and much more that a seasoned online business mentor brings to the table.
Reason 3 – Motivation and Challenge
While self-motivation is key, there’s no underestimating the impact of a coach when it comes to motivation and challenging your goals to do more. This fact is evident in any area of life that you can think of. Many Athletes will shower praises on their trainers and coaches at the end of a successful tournament not because its media-worthy but because it’s true.
As entrepreneurs and online business owners, it is not unusual to meet several stumbling blocks on the road to greatness. There will be time where you’ll begin to take your foot of the gas or even back pedal. Whether from too many inconsistencies, a couple of failures or too many successes, we guarantee that you will lose drive at some point. Having a coach at this point in time can be a great influence on deciding if you’re folding up or emphasizing on your strengths and going for the next thing without slowing down or lacking morale to carry on. Coaches will help you better understand how you function in adversity, what your own values and strength is worth.
Reason 4 – Confidentiality and Safety
Entrepreneurs usually have a ton of self-imposed pressure that continually pushes them to need to do better. When you couple this with the tough external they have to put on for the sake of their business, it is easy to understand why most business owners hesitate in discussing their worries or failures. Having a coach is like having a bed that you can fall back on in times of exhaustion, worries or confusion. Around your coach, you can freely and openly admit your fears and worries.
With their third-party neutrality, a transparent coach can help to deliver a clear and logical insight to problems when your vision becomes blurry. They help you on both personal and professional fronts, ensuring that a psychological, personal and official balance is struck in your life at difficult points in time.
Reason 5 – Focus and optimization
Lastly, having a coach in your life can help you keep your focus and optimize your efforts for results. Entrepreneurs for one tend to have a problem completing one project before the next idea jumps in their head. A coach can be very vital in ensuring that you stick to the project at hand or effectively multitask your goals to ensure that the business doesn’t suffer.