Business Coaching ?
- Thread starter mike jones 2010
- Start date
Business coaching is a highly imprecise and variable commodity - like Russian Roulette is I suppose.
You can be lucky and find the top person, or you could end up with the turkey.
It really depends of what aspect of the business you need coaching with. The commonest problem is Marketing and it's lack thereof, so perhaps a Marketing Consultant would be a better investment in that instance. Daily rate is around £400 - £500 per day and a good consultant will turn that outlay into a lot more revenue and profit for you.
You can be lucky and find the top person, or you could end up with the turkey.
It really depends of what aspect of the business you need coaching with. The commonest problem is Marketing and it's lack thereof, so perhaps a Marketing Consultant would be a better investment in that instance. Daily rate is around £400 - £500 per day and a good consultant will turn that outlay into a lot more revenue and profit for you.
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Agree with Kernowman - there are many different areas which you might need to consider:
- strategy
- business processes
- marketing
- brand
- PR / reputation
- etc.
Also - is it coaching for the business leaders / the business?
maybe worth talking to Business Link regarding a brief review of your business which might then point you in the right direction for more specific consultations...
Alasdair
- strategy
- business processes
- marketing
- brand
- PR / reputation
- etc.
Also - is it coaching for the business leaders / the business?
maybe worth talking to Business Link regarding a brief review of your business which might then point you in the right direction for more specific consultations...
Alasdair
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That might indeed be the case too where you are simply too involved in the day-to-day running of the business, so a fresh pair of unbiased eyes is all you need to get back on track or to spot an opportunity you might be missing. A lot of my work has been just that and a day of offering my "fresh pair of eyes" has been very beneficial.
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R
Rhodes100
A coach does not need to understand anything about your business as they are not offering consultancy advice.
What a coach does is to ask you questions and encourage you into thinking about your business in a different way, this may include questioning limiting beliefs about your business.
You are the person who then reaches the decisions about your business.
Not everyone is coachable as some people simply cannot think a different way and consider that they actually might have the answers if only they changed their thinking.
Normally, a business coach will offer a free session, you can then assess whether you think that you have a bond with that person and whether you belief you can get the benefits from it. You also need to check their qualifications and training.
Remember however some of the most successful business people in the world have coaches and the return on investment can outway the cost by a considerable sum.
What a coach does is to ask you questions and encourage you into thinking about your business in a different way, this may include questioning limiting beliefs about your business.
You are the person who then reaches the decisions about your business.
Not everyone is coachable as some people simply cannot think a different way and consider that they actually might have the answers if only they changed their thinking.
Normally, a business coach will offer a free session, you can then assess whether you think that you have a bond with that person and whether you belief you can get the benefits from it. You also need to check their qualifications and training.
Remember however some of the most successful business people in the world have coaches and the return on investment can outway the cost by a considerable sum.
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S
seanstevens
I know a couple of business coaches and a business adviser, all very good at what they do but all do things very differently. Was speaking to one of them the other day and got some very good, simple ideas that are helping me already. Cost varies majorly depending on the type of service you are after.
You will never know if you don't try, like everything else, test and measure.
You will never know if you don't try, like everything else, test and measure.
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Hi There,
I have just read your blog, the best advice i can give you is use someone who has had massive success themselves, and see if they can offer funding ect. I have been using a company the director of the company is worh 40 million. The initial consultation was free, and to be honest i have never looked back.
Please P.M. for more details
I have just read your blog, the best advice i can give you is use someone who has had massive success themselves, and see if they can offer funding ect. I have been using a company the director of the company is worh 40 million. The initial consultation was free, and to be honest i have never looked back.
Please P.M. for more details
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0
Hi Mike,
Rhodes is correct - Coaches elicit information from you rather than provide a Consultative and directive approach and the Consultant owns the problem- the success of either depend upon matching the problem, personality, chemistry and desired outcome; you're in business so either way you want to be evaluating on ROI.
You will notice form my profile that I am Business Consultant- I am normally directive and opinionated in my work and that opinion comes from experience and my approach to a problem or desired outcome. But as with the Coach there has to be listening first and foremost (two of these (ears) one of those (mouth)!)
I've recently posted on another Forum that a Consultant should provide at least three things:-
1. Time - because you havent got the time yourself
2. Objectivity - to evaluate and critique because they are outside the scenario
3. Expertese - in that discipline or at least bring expertese to the problem.
A Consultant should never be used to replace staff because you're just increasing your cost base.
From my experience - any engagement, in addition to resolving the initial problem, (if indeed you know what it is) should bring added value - My Practice call's this MBI - Measurable Business Improvement.
Why not browse my website as an Aide Memoire, think about what it is that you want to achieve and then ask some other Consultants and Coaches on here or elsewhere for their opinion and how they can help you get there?
Like other's, I would like to earn your business and demonstrate our successes and would happily have a coffee and chat to see if we could help.
Feel free to drop me a line or call - hope that helps
Mike
Rhodes is correct - Coaches elicit information from you rather than provide a Consultative and directive approach and the Consultant owns the problem- the success of either depend upon matching the problem, personality, chemistry and desired outcome; you're in business so either way you want to be evaluating on ROI.
You will notice form my profile that I am Business Consultant- I am normally directive and opinionated in my work and that opinion comes from experience and my approach to a problem or desired outcome. But as with the Coach there has to be listening first and foremost (two of these (ears) one of those (mouth)!)
I've recently posted on another Forum that a Consultant should provide at least three things:-
1. Time - because you havent got the time yourself
2. Objectivity - to evaluate and critique because they are outside the scenario
3. Expertese - in that discipline or at least bring expertese to the problem.
A Consultant should never be used to replace staff because you're just increasing your cost base.
From my experience - any engagement, in addition to resolving the initial problem, (if indeed you know what it is) should bring added value - My Practice call's this MBI - Measurable Business Improvement.
Why not browse my website as an Aide Memoire, think about what it is that you want to achieve and then ask some other Consultants and Coaches on here or elsewhere for their opinion and how they can help you get there?
Like other's, I would like to earn your business and demonstrate our successes and would happily have a coffee and chat to see if we could help.
Feel free to drop me a line or call - hope that helps
Mike
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