Is President Trump stable and competent enough to do his job? Investigative reporter and CNN contributor Carl Bernstein says reporters must be asking those questions.
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Category Archives: Business Coaching
How To Launch A Successful Startup: 6 Tips From A Pro (And 3 Mistakes To Avoid)
Through their design and innovation firm Pensa, Kathy Larchian and her husband Marco Perry have launched dozens of successful products. As advisers to other entrepreneurs, they’ve guided over 50 startups to success. Here, they share their tips for how to flourish – and how to avoid failure.
Business Coaching From Home
Business Coaching From Home
Business coaching from home is a creative solution to providing coaching to those that are seeking it, there are many teachers, tutors and coaching models that have traditionally worked well from home, serving the local community.
Business coaching from home explained
If you want to start a career as a business coach, you need to make an important decision. That decision is how you want to operate your business. Business coaches educate and train operating managers and business owners on the key components of running a successful and profitable business. These components are all the same, but there are many ways to teach them. What are your two best options?
1 – One-on-One Training
One-on-one training is when you work directly with your client. You consult with them via email, through the phone, or meet with them in person at their office. When working with small to medium sized business owners, your involvement starts at the top. You will then later want to work with all staff members. Remember, a good manager is important to a business, but that well-performing manager means nothing if their staff does not back them up with good results and speedy productivity.
One-on-one training has many benefits.
For starters, you usually visit your client at their place of business. This gives you a lot of insight. Not all business suffer from the same problems. Some have a poor marketing plan, some have poor leadership, and others have organizational problems. Visiting your client in their place of business enables you to examine the situation. You can determine exactly what is going wrong. For example, a business with poor office organization, but a strong marketing plan, does not need marketing help. They need organizational help.
One-on-one training also allows you to show by example. In keeping with the above mentioned example of an unorganized office or sales floor, you can physically walk to the problem and point it out. Show the store manager that because a large display is in the middle of the aisle, it is difficult for customers to get a shopping cart through. You get better results when you show business owners and operating mangers how to make changes, not just tell them.
2 – Hosting Seminars
As a business coach, you also have the option to host seminars. This is when you choose a specific location, like a hotel conference room, take paying reservations, and hold a class. During this class, you will go over the key components of running a successful and profitable business. These components include marketing sales, time management, no workplace conflict, organization, and teamwork.
Hosting seminars is nice because it expands your profits.
When working one-on-one, you work with one paying client at a time. When hosting a training seminar, the room can be filled with a hundred business owners. They all paid. In about the same amount of time or even less, you make more money! Unfortunately, those same business owners will take your class once and they will not need it again. To work in this aspect full-time, you will need to travel to teach seminars, targeting new business owners and managers each time.
As you can see, both one-on-one training and hosting seminars have their pros and cons. Which option should you choose? It depends on your personal preferences. Moreover, you do not need to choose. Why not offer them both as an option? On your website, list your ability to meet with clients one-on-one. Then, mention you occasionally host seminars. Host two or three a year. List these seminars on your website and cross promote.
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Business Coaching Success
Business Coaching Success
Business coaching success article post is for anyone that is motivated to do business coaching.
If you want to start a career as a business coach, you are in luck. Unfortunately, today’s economy is in trouble. Consumers are reducing their spending and some businesses are finding it difficult to stay afloat. These are usually small to medium sized businesses. Since the industry needs a professional like you, you are already at an advantage. There are, however, ways that you can improve your chances of success. What are they? A lot easier than you might think.
Business coaching success depends a lot on the personality traits
Be polite. When working as a business coach, you must first analyze a business. You examine their profits to see how short they are falling short. Look at their marketing practices to see what they are doing wrong, and so forth. Your job is to take the bad, educate a business owner or operating manager, and transform it into good. Unfortunately, that means criticizing. Yes, it is your job, but remember that we are all naturally offended. Insult a business owner and they will get upset. It is all about delivery, be polite.
Be positive. As previously stated, your job is to take the bad and transform it into good. You do so by providing suggestions, showing by example, and by offering feedback. No business owner is so bad that they never do anything wrong. Their doors would have closed by this point if that were the case. You need to focus on the bad, but also focus on the good. For example, if a retail manager has a well-organized office, but a poor organized sales floor, commend them for their effort. Let them know they did a good job in their office, but that they should have extended the organization to the sales floor. You let them know there is a problem, but still provided positive feedback. Your client will be more receptive.
Offer praise and encouragement. As a business coach, it is your responsibility to teach business owners and operating managers how to run a successful business. The keyword is teach. You do not do the work. You can display a few examples, but let your clients do the brunt of the work. Like a sports coach, sit back and watch. Analyze the situation and provide feedback. Throughout the task, offer praise and encouragement. It sounds silly, but some people just need a positive push in the right direction. In addition, since you are treating your client like a human being, you score extra points.
Offer to work with the entire staff. When providing business coaching services, business coaches usually work directly with the company owner or manager. There are others onsite though. These staff members, their actions, their results, and their productivity are important to the company’s success. You can educate your client and they can retrain their staff members, or you can offer to do it. You should charge extra for this service, but offer a low rate or discount and you should get some takers.
Offer to come back and help. As a business coach, you can spend one day working one-on-one with a client or one week. No matter what steps you take to educate them on the importance of all business components, your advice may be ignored. So, always offer to comeback for a review or to answer a few simple questions. Let them know that advice is free, but retraining will cost extra.
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