Last week I wrote about what a (business or life) coach is. This post is dedicated to why everyone needs a coach and what they can do for you. Professional athletes, who get paid millions of dollars to play a sport professionally, all have coaches. The coach serves as the person from the side-lines, observing the individual and team’s actions, and providing correction action, suggestion, and direction. In the same way, a professional (business or life) coach is there to help see what you cannot, for a number of reasons, provide suggestions, direction, and potential corrective action. The question is, do I really need a coach?
This can be challenging for several reasons:
A coach is there to see what you cannot. You may be too close to the situation to have an unbiased position, they are able to see things from a different perspective and provide insight otherwise left unseen, or may simply be better at something than you are and can help solve an issue by asking the right questions, providing new insight, or giving you a little nudge in the right direction.
Reasons why you may consider hiring a coach:
Number 3 (above) could be done in a number of ways – hiring a consultant to help resolve your issue, bringing on a new team member to fill a void, training for yourself or your team, etc. There are a several ways to accomplish your goal, a coach is another method (depending on what it is).
What to look for in a coach. Look for someone who:
Number 5 is a little tricky. There are some coaches out there that charge flat rates, per hour, or per project. If it is a project based fee, then this is really a consultant as they should be providing something tangible like a documented improved process, marketing plan, etc. Some are better than others. You may be charged $100-$1000 per hour (or more), or have a nominal (or significant) retainer. The reason it is tricky, is without the coach, could you have succeeded without them? Had you not paid the $2500 per month retainer for 6 months, would you have been able to improve your marketing return on investment by $500,000, or hired the right team and increased revenue by 30%? The question is, would you rather spend $5000 and earn $30,000 or spend $20,000 and earn $100,000?
How to be a good coachee:
Finding the right coach for your situation may be challenging but beneficial for you, your team, and your organization, no matter how large or small. I encourage you to consider to options and get yourself a coach.
What do you think about this? Do you have a coach? Are you a coach? Please share your experiences by posting your comments here.
Until next time…
A while back, I wrote about what a mentor is. You can check that out here. Mentors and coaches are somewhat used synonymously, but they are actually different. A mentor is someone who will guide you along your journey to achieve a certain goal, usually to gain a promotion, become better at a certain aspect of your job or role (such as leadership, accounting, etc.).
A coach, on the other hand, is there to help you improve in a certain area of your work (professional business) or life (life coach). Each have a different purpose. Within each coaching type, you will find coaches that specialize in more specific areas based on their area of expertise. For example, some business coaches focus on leadership, efficiency, accounting, or general business practices.
A business coach will help with improve:
A business coach will also:
A life coach will:
A life coach is not a board-certified therapist. A life coach will help identify areas in your life that can be improved upon, and help make recommendations. One of these recommendations may be to seek professional counseling as a means to improve in a certain area of your life.
Both business and life coaches will provide recommendations. Typically, that is all they are – recommendations. So, it is up to you to decipher whether (or not) the advice/recommendation given is right for you. Keep in mind that the coach is giving you their best advice, to help you succeed, and be the best you can. Your time is valuable, and so is theirs. If you disagree (completely) with your coach too often, you may not have the right coach for you. If you find this to be true, perhaps seek a different coach. They will do the same (if they are any good). It doesn’t help either party to continue a relationship (because that is what it is) if neither are agreeing with each other or are dissatisfied.
Next week, I will discuss why everyone needs a coach.
Until next time…