by Anthem Marketing | Sep 19, 2022 | blog, Business Coaching
Leadership isn’t easy. It’s why people experience burnout, why progress turns into delays, and why businesses ultimately fail. Too many leaders think that they need to deal with everything on their own, but this couldn’t be farther from the truth. It takes a team to make a business work, and it starts with a reliable source of advice and feedback: online business coaching.
12 Signs You Can Benefit From Online Business Coaching
1. You’re Feeling Overwhelmed
There’s no doubt about it: if you’re feeling overwhelmed with your business, business coaching will benefit you. It’s easy to fit in an online appointment at your convenience, and you’ll get helpful tips and coping mechanisms in each meeting. Overwhelming can take on many different forms, such as feeling like you don’t have enough time in your day, spending almost all of your waking hours in the office, and working around the clock with little results.
At this point, the best thing to do would be to look at your daily tasks and evaluate what you’re doing. Is what you’re working on truly productive or getting you closer to your goals? It may be difficult for you to answer this question or find a solution. This is where a business coach comes in. Your coach will bring in an objective perspective that will analyze what works and what doesn’t.
2. You Won’t Delegate
When you’ve built your business from the ground up, it can be hard to give up control of the clients and processes that you’ve taken so long to build. As your business grows, though, it won’t be sustainable for you to do everything yourself. Even when you know this, you may find yourself taking on more than you can handle because you can’t bear the thought of handing off any tasks to your subordinates.
Hiring a business coach will help you let go. You’ll determine your true priorities and spend your time on those, while you will develop routines and standards of performance for your team so that they deliver the quality of results that you expect.
3. You Keep Making the Same Mistakes
It’s to be expected: When you’re focused on the grind, it can be a struggle to see the big picture. What ends up happening is that you keep making the same mistakes over and over again because you’re failing to look at the overall impact. A business coach will help you take that step back so you can see where you’re getting stuck and make more effective decisions in the future.
4. It’s Time to Grow Your Business
Scaling your business is simultaneously thrilling and daunting. The excitement of growing your vision is coupled with the fears in the back of your mind about everything that can go wrong. You have the means and the knowledge to expand your business successfully, but it wouldn’t hurt to have an extra pair of hands around to manage the details.
When you hire a business coach to help with your expansion, you can focus on making the transition as smooth as possible while letting them take care of the details. You can trust your business coach to devise training modules for new employees and processes, make sure existing team members feel that they’re being attended to, and mentor you through the obstacles.
5. Your Communication Skills Need Work
Poor communication skills are enough to destroy a business. They’re the difference between getting a task done correctly the first time and requiring an additional day to do what was supposed to be completed in the first place. They’re the cause of poor client relationships and confusion among team members. It may be hard to admit, but poor communication on your end could be causing major problems for your business.
When you can’t articulately express what you want, every person you work with and client you serve will be affected. Even if you think you’re a good communicator already, imagine how much could improve if you took the time to refine your skills? Your business coach can give you the tools you need to get your message across and make a strong connection every single time.
6. You’re Not Holding Yourself Accountable
You may struggle with balancing your intellect and your emotions. In your mind, you know exactly what to do. You’ve created a plan dozens of times, but you never seem to follow through. Excuses keep getting in the way of your goals, but you’re having difficulty putting your emotions aside to get the job done.
Online business coaching will help you to identify your limiting mindsets and behaviors so you can better understand yourself and why you’re getting in the way of your own success. You’ll then work together to design a system that works for you.
7. You Don’t Know the Next Step Forward
The start of a business brims with so much potential that you’re never at a lack of ideas. Once you become more established, it may be more difficult to identify what the next step should be. Should your focus be on scaling or refining your marketing campaign? Online business coaching will evaluate your business in a holistic manner so you can get a big-picture understanding of where you stand with your goals.
8. You Feel Less Motivation
At some point, you’re no longer going to feel the motivation that once propelled you to keep working hard in the beginning. The hard truths of running a company will replace the honeymoon period of having your own business. When things get tough and start to feel like they’re more trouble than they’re worth, it’s a sign that you’d benefit from online business coaching.
Every business goes through rough patches. Since you have all of the risk, it’s natural to want to give up at some points and cut your losses. Your business coach is here for you during these times to encourage you to keep moving and find ways to solve problems.
9. You Need Candid Feedback
Let’s face it, you’re the big dog. When you have all the authority, there’s a certain level of intimidation that comes with that. You can ask your team for their honest feedback, but they likely won’t give it to you. Many people feel reluctant about expressing negative opinions when someone else holds all the power over them. It’s these negative opinions, though, that will give you the most helpful feedback about how you can improve your company.
Business coaches aren’t there to tell you what you want to hear. From your first meeting, you’re going to receive frank and sincere suggestions that will help you improve. You can run an idea by your business coach and know that the feedback will have value.
10. You Put Your Personal Needs on the Backburner
We all know that running a successful business takes sacrifice. Countless entrepreneurs will talk about waking up at the crack of dawn and sacrificing weekends out with friends for a night in at the office. While you will need more self-discipline than most people if you want to make your business a success, you also can’t skip out on sleep, exercise, proper nutrition, and time with your loved ones.
Online business coaching will help you find ways to maximize your time so you can get the most done at work while also giving yourself the care you need to be a healthy person. By always blocking in time for healthy habits, you’ll notice that your work becomes easier and you can complete tasks more quickly!
11. Your Team Isn’t Happy
Your needs aren’t the only ones that matter. Without a happy work culture, you’re at risk of losing some of your most valuable team members. Maybe you’re aware that your once high-performing personnel aren’t doing the same quality of work anymore, but you’re not sure what to do about it. Maybe you have no idea about how your employees feel because you can’t remember the last time you conducted a proper assessment.
Whatever the reason is for dissatisfaction among your team, a business coach can help you identify the problems and improve the dynamics in the work environment. One of the most important things you can do with your coach is to break down each player and find ways for them to be challenged and engaged in their work without adding unnecessary stress.
12. You Have New Goals
Like everything else in life, your business is going to change over time. As you refine your target audience, brand identity, and product offerings, you’ll also need to update your goals to reflect what you want to accomplish. A business coach will help you create strategies that reflect your new direction and will allow you to pivot again as necessary.
Get fired up about your business again without having to put in an 80-hour workweek! It’s not too much to ask for to have a balanced personal and professional life. If you’re motivated, ready for change, and you can trust the process, we’re going to be a great match. Learn more about the GoldPhire way so you can optimize your business and your life!
by Anthem Marketing | Aug 19, 2022 | blog, Business Coaching
Are you tired of working around the clock and never getting to the end of your to-do list? Do you finally want to enjoy a healthy work-life balance? If so, hiring a small business coach could be a good idea. An expert can analyze your company and discuss your strengths and weaknesses with you. Then, they can come up with a comprehensive plan for how to improve your business practices and lighten the load.
Almost every small or medium-sized healthcare business can benefit from coaching at one point or another. For example, you should consider hiring an expert if you’re not sure how to reduce your workload, you would like to stop having to work endless hours to earn a living, or you’re hoping to sell your business in the next few months. Above all, coaching clients must be ready and willing to make some changes.
When Should You Hire a Small Business Coach?
Every healthcare business is unique, so there’s no one perfect time to hire a business coach. You might feel that you need some assistance at the start, or you might have already been running your company for 10 years by the time you reach out to an expert like Natasha at GoldPhire. Regardless of where you stand, your coach will analyze your company’s current structure and help you improve it.
You Want to Reduce Your Hours
If you own a small or medium-sized home healthcare business, it’s likely that you have to wear many hats. You might be in charge of hiring and training new employees, managing everyone’s schedule, acquiring new clients, and maintaining good relationship with existing clients. While these varied tasks can be exhilarating at first, they can soon become overwhelming.
By working with a business coach, you can come up with a strategy that allows you to delegate some of the tasks and reduce your working hours. You’ll still be able to manage your company, but you’ll improve the structure of your business so that you don’t have to be a part of every interaction. As a result, you can finally enjoy a more sustainable work-life balance.
You Want to Build a Passive Income
Most people who start out in the business world earn an active income, which means that they get paid for every hour they work. But as a business owner, you’re uniquely positioned to turn your income passive. With this strategy, the money coming in won’t be dependent on the time you work. In fact, you will be earning even while you’re enjoying time with your family and friends.
One of the easiest ways for small business owners to earn a passive income is to hire others to do the work for them. If you can get reliable employees to serve your clients, you won’t have to be there every day. Your coach can help you build up good hiring strategies, so you can find trusted people that won’t have to be supervised all the time. What’s more, your coach will discuss technological solutions that could simplify your life and reduce your working hours.
You Want to Sell Your Business
Do you feel ready to “sell your baby”? If you’re tired of running your business and ready to make a complete life change, you should speak to a business coach, who can help you evaluate your firm’s strengths and weaknesses. That way, there won’t be any negative surprises when you put the company up for sale. You’ll know exactly what you’re good at and what’s still missing, and you’ll have had a chance to address the weaknesses.
Your business coach will analyze every aspect of your company, from your marketing efforts and online presence to the quality of your product or service, and let you know what improvements can be made before the sale. If you contact the coach for several months or years before you want to sell, you will have enough time to change anything that isn’t working and position yourself optimally for a lucrative sale.
You Are Ready to Make Some Changes
In today’s business world, conditions change rapidly, and firms have to be ready to pivot at any moment. For instance, countless companies had to change their strategy during the Coronavirus crisis, and many of them are now integrating their newfound business practices into their long-term plans. You should only hire a business coach if you’re happy to be flexible and accept new ways of working.
The most successful coaching clients are the ones that take on board new information and are willing to try various solutions. During coaching, we will spend some time discussing and trialling possible strategies. If you’re ready to work as a team and integrate new ideas into your existing business model, you are a great candidate for business coaching.
How Does Coaching Work?
Now you know why you might need to hire a small business coach, you might wonder what the process looks like. Your coach will start by evaluating your business’s strengths and weaknesses, paying special attention to the company’s hierarchy and any hidden weaknesses.
By the end of the evaluation process, you will know exactly where you stand and what you need to do to improve your strategy. At that point, the coach will come up with clearly defined goals that help you reach your short and long-term targets. Within a few months, you will be ready to step back and benefit from passive income or sell your company to a trusted successor.
Evaluating Your Business’s Value
The first thing your coach will do is complete a thorough evaluation of your business and its value. Together, you and the coach can go over every aspect of the company to figure out where your performance is excellent and where you still need some help. Some of the aspects we might address are your online presence, your social media accounts, your marketing efforts, the quality of your product and service, and your communication practices.
While most businesses we work with at GoldPhire are awesome at what they do, not all of them have optimized their marketing strategy. They might not update their social media regularly enough, or they might have a clunky, slow website that doesn’t encourage potential customers to engage with the company. We at
Looking at the Hierarchy in the Company
Most CEOs who built up their healthcare business from scratch are reluctant to give up control. After all, you’ve worked so hard to create something wonderful, why would you put it at risk now? But unfortunately, you can’t stay in control of everything forever. At some point, you’ll have to delegate or even find someone else to run your company for you.
Your coach will not only analyze the technical details of your company, but they will also have a look at the interpersonal relationships and the hierarchy you have created. They can identify your leadership style and show you how to structure your company in a way that requires less input from you. Depending on the number of employees you have, this might mean creating new job titles or changing the distribution of the work.
Identifying Hidden Issues
It can be hard for you to identify the problems within your business because you’re so emotionally invested in it. In contrast, your coach is impartial, and they will be able to detect issues you might not have picked up on yourself. Hiring a third party who can look at your business with fresh eyes can be a great way of detecting potential problems and nipping them in the bud.
Optimizing What You Already Have
A good business coach won’t come to your company and change everything right away. Aside from addressing your weak points, they will also discuss what your company does well. If you’re looking to sell in the next few months, these are the things that will be put front and center in your advertisement or pitch. You and your coach can discuss how to best highlight your company’s strengths to potential customers or buyers.
Building a Long-Term Strategy
In the short term, you might feel more secure handling everything yourself and being present all the time. But over many years or decades, such a strategy is bound to lead to discontentment and burnout. When you hire a business coach, you are taking the first step towards building a long-term strategy that will be sustainable for everyone within your firm. Once your coach has completed the analysis of your company, they will help you implement new solutions.
To get started, you will define clear goals for the next few weeks or months. These might include hiring new employees, redefining everyone’s tasks within the company, building a strong team you can rely on, and optimizing your marketing strategies. You will work with your coach for months or even years to implement the new strategy. Over time, it can be adapted to fit your company’s changing needs.
People who own a healthcare business often feel stressed and overwhelmed because there is an endless list of tasks, including managing employees, improving client relations, and completing necessary paperwork. If you’re ready to make some positive changes, you should speak to a small business coach. Message Natasha now at GoldPhire to find out how she can help you improve your business strategy and free up some much-needed leisure time.
by Anthem Marketing | Jul 6, 2022 | blog, Business Coaching
For a professional business coach, each client’s specific needs and goals are at the center of every work activity they do! A coaching professional for companies improves clients’ unique leadership skills to create the successful business and customized lifestyle each client yearns for – whatever that may be.
Create Freedom for Company Owners
While on the surface, a business owner who is always at the ready working overtime to handle even the smallest emergency may seem like the best, most dedicated leader, reality says otherwise. This kind of workload is stressful and delegation to other capable team members is lacking.
The company owner deserves and needs free time and a life outside work, and allowing other staff to handle tasks in their wheelhouse is a much healthier business approach.
No One Should Be Indispensable
The true acid test of any successful business isn’t how much ‘hands-on’ time the owner of a company puts in, but rather how well the enterprise runs without him or her! This structure allows owners the freedom to work as much or as little as they want.
Let’s face it, running your own business is hectic, and you both deserve and need time off for family recreation, an elegant dinner with friends, or just binge-watching your favorite TV show once in a while.
Foster Flexibility
Nurturing business professionals who coach company owners bring a much-needed set of fresh eyes. They don’t have a personal stake in your business but are still your partner in helping you run your company as flexibly as you desire.
As you learn to create a life outside work and delegate more business tasks to your team, you’ll probably be excited to have more time to brainstorm new ideas for your company’s growth rather than exhaust yourself constantly.
No One Should Be On Call 24/7
Imagine not worrying about every little detail of your business operations while taking an hour off at the gym or, heaven forbid, trying to watch a theater show with a friend without the panic that you have to check your emails or phone messages. Well, imagine no more because a coach’s organizational skills can make this a reality with a solid management plan in place. Smooth day-to-day operations for your team can be a regular routine!
Make Business and Life Management Fun!
The fun factor that’s often involved in working with a coach can be a happy surprise to some business owners. Business-oriented coaches often do intriguing exercises or assessments to get a good handle on your skills, interests, leadership attributes, and personality. Learning these things about yourself can feel good and make you more energized, enlightened, and confident in re-designing your life both inside and outside work hours.
The Fun Part of Your Life Matters Too
It can be enjoyably empowering to learn and articulate where you hope you and your business will be in a year from now or two years, five years, and beyond. Understanding your hopes and dreams for your life as a whole and how your company fits into that often results in clear goals you can work on achieving with your coach. Your coach may even have some more fun exercises in store to help you better navigate your present and future objectives!
Focus on Your Specific Goals and Help You Achieve Them
Of course, goal achievement isn’t all fun and games and something your coach will have to do regularly is monitor your progress. It’s up to you to work on the plan you and your coach have worked on together and while he or she can and will motivate you, it’s you that must float your own boat, so to speak. The coach can offer tips on balancing the different parts of your work life and home life, yet it’s your job to achieve what you’ve set out to accomplish.
What You Believe Can Be Achieved!
You do have to believe you can achieve your set goals and an especially helpful thing an experienced business-oriented coach can provide is guiding you in building self-trust in your vision and skills. Coaches are also great for helping you face your fears – like the voices in your head trying to tell you that you can’t – because if you believe what you want is achievable, you can! Your coach will help drown the negative voices. Won’t that be nice?
Create Better Income Generation
A powerful benefit of choosing a business-focused coach over a general life coach is that he or she knows how to maximize your income potential! After all, the more financially successful your company becomes the better position both you and your business are in – to banks, bidders, and yourself in terms of retirement savings, and the freedom to live how you want. You and your coach will discuss your expenses, budget, retirement plans, and more.
Once your financial situation and goals are assessed by your coach, he or she can better assess how to generate more income from your business to meet your wants and needs. This could involve helping you overcome any financial challenges in your company and streamlining your sales and marketing funnels to generate more leads. If you’ve previously worked with a coach who didn’t get the income results you wanted, express that to your new coach.
Overcome Challenges and Work Smarter, Not Harder
What does working smarter really mean and how can a coach help you do that with your company? It shouldn’t be too surprising that words like streamlining and delegating are going to come up. Company coaches work with numbers, data, and systems to help clients achieve results, so working smarter not harder means following a system and ensuring your team does their part within this structure designed to take care of priorities first.
Balance Your Energy and Reduce Stress
Since working smarter in a more systematic and streamlined way tends to be a lot less stressful than the flying around everywhere approach wearing too many imaginary job title hats at once so you’ll save energy and time – precious commodities when you run a business and a life outside work! Oh yeah – a company coach will also help you learn that it’s okay to say ‘no’ when you can delegate a task to someone else in favor of something you want to handle.
Help You Market and Showcase Your Unique Brand
It’s helpful to note that a business-oriented coach differs from a general life coach in that he or she has business experience and understands how to increase the actual value of your business – the numbers of what it’s worth. Company coaches have a firm grasp of how to make your business stand out to your target customers and how to rise above your market share competition.
You can then use your coach’s suggestions in your own way to accomplish the desired outcomes. Business-themed coaches encourage company owners to put their original stamp on everything. This can be gratifying for business owners as it allows their true entrepreneurial vision to shine brightly and stand out from their competitors.
You Are Unique: What Does That Mean for Your Brand?
Even though many businesses sell the same type of product, mission statements and target markets help create branding directions unique to each company. Your coach can make sure your services or products are appealing to the market segment who would most need or want what you offer. Your Unique Selling Proposition (USP) is key to a company coach and he or she can help you create more effective marketing and promotional campaigns.
A Business Coach Improves the Overall Value of Your Business
Coaches who work with companies for a living know how to evaluate the value of a business in terms of what makes it sellable to a buyer. That means coaches help create the best possible value in every business they help build. What’s great is that as a business owner working with a coach you’ll be providing input and learning about your company’s value every step of the way.
Putting You in the Driver’s Seat
Since a coach will guide you, yet not do everything for you, the tools you learn in reaching your company goals will be invaluable as you progress in your accomplishments for your company. You’ll even be able to work out whether you hope to sell your business to the highest bidder or decide Or, if you may e you’d like to eventually pass on your company to family. Whatever you decide, your coach can help you plan for that future path.
As you’ve likely realized, a business-oriented coach’s main activity is to help you achieve success, prosperity, and balance in both your company and the rest of your life. To schedule a call with an experienced, results-driven, and caring coach who can help you reach your business and personal goals, contact Goldphire, Inc. Learn how our Value Builder System can work for you to create growth and success in both your work life and your life outside work!
