5 reasons why having a Coach is great for business

When many of my clients first come to me for support, they really are at the end of their tether – they are stressed because they are putting loads of effort into their business and the return they are getting, just doesn’t reflect all that effort. Sometimes clients are seeing having a coach as a last ditch attempt to make a go of their business before deciding whether they should chuck it all in, as they had never anticipated that owning their own business would be that hard.  A few months down the line, most of these clients are saying they wished they had come to me sooner, before they ever got that way as coaching had helped them and their business immeasurably.

So how can having a coach help your business?

1. Clarity and focus

One of the biggest first wins, is gaining clarity for my clients.  Often my clients really can’t see the wood for the trees.  They come to me because something in their business isn’t working: they may not be getting the clients, earning the level of income they want, working too hard,  not having work-life balance, lacking time…  sometimes they’re not even sure what the problem is – they just know it’s all too much.

Owning a business is such a responsibility and people go into business with the expectation that it’s going to work – so when things aren’t going right, it’s stressful. Admitting that your business is failing, is like admitting that you’re a bad parent: that baby you’re looking after and are responsible for, is not thriving and turning out to be what you had in mind.  It’s overwhelming at times, and those small problems can easily escalate into feeling like HUGE problems.  Therefore, helping my clients to understand what the problem is, is so rewarding.  And often, it puts everything into perspective, that it isn’t so huge: it’s one small (or lots of small) problems that can then be managed in a focused way.

Of course, understanding the problem is the first part.  The second is then deciding what the outcome needs to be; and then setting manageable tasks that will deliver that outcome.  This creates that focus needed to make things happen.  And guess what?  When you are clear on the outcome and what will drive you towards it, you are more likely to be focusing on the tasks that will get you there: making you more effective, more time efficient and more likely to achieve!

2. Connection

Understanding the power of connection and alignment is really powerful.  Often clients do not know why their business is important to them; or what they need to achieve from it.

I help my clients understand why their business is important and therefore, what it’s purpose is for them.  In order to do this I help clients to understand more about themselves and the lives that they want.  Business and home life are completely linked when you’re a business owner so ensuring that your own personal values and goals are connected, is important.  This could be about using the business to drive a personal ambition e.g., often it’s having a successful business to fund a lifestyle of children; or to get personal recognition.  Getting to the root of this purpose is critical because then we can ensure that the business can achieve it for you.

It’s often enlightening for someone to truly understand their reason ‘why’ (or purpose) and connecting this to their business.  But once a client has truly connected their purpose with their business vision and the activities within their business, the magic really begins to happen.

3. Time and space

It’s surprising how many people don’t take time out from working in the business to work on developing the business.  Having a coach will give dedicated time to focus on how to develop the business and make it grow and /or work for you.  Furthermore, I have some clients who take time out to work on their business but have no idea on where to start.  A coach can help with this by giving you the time and headspace to think about what’s important and then to help you with getting the clarity and focus on what you want to achieve – and of course, most importantly how to get there.

So often, my clients say that having the time and space to talk and think in a challenging but supportive environment has enabled them to move forward so much more quickly than if they had been trying to work on it on their own.

4. Mindset

Having a mindset that drives you forward is one of the biggest determinants on success.  Often my clients know exactly what they need to do but they either don’t believe they can do it, or they lack the confidence to do it.  Either way, it holds them back.

Being able to identify exactly what is holding a person back and supporting the client with their mindset so that they can move forward with absolute certainty that they will achieve, is so powerful.

5. Accountability

When you’re a business owner it’s so so easy to talk yourself out of doing something, or to put something off.  But of course, if you are regularly putting off those actions that will make a positive difference to your business, the only person missing out, is you! A Coach acts as an accountability partner and will ensure that the actions you set for yourself are achievable for you; and will challenge you to make sure that you achieve them.  So if you know that being accountable for your actions is something you struggle with, a Coach will definitely help you to take your business forward.

 

 

 

 

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Why a mastermind is good for you and your business

Running Mastermind sessions is a passion of mine.  I love watching a group of people who may not previously know each other form a strong group: challenging each other to get things done, bouncing business ideas around, supporting each other when work feels tough, and celebrating in each others success.

But still a lot of the people I meet in business do not know what a Mastermind is, or how it can help them and their business.

So what is a mastermind?

A Mastermind is a group of people who meet monthly (some meet more regularly or less frequently, but my groups meet monthly) to discuss areas of their business they want to work on.  The aim of the sessions is that everyone gets an opportunity to discuss an area they wish to develop and they are then supported by the rest of the group to create a clear plan on how to deliver.  This is usually achieved through good questioning by the rest of the group and also by the group offering their knowledge and expertise (it’s good to have a group with different skill-sets for this reason).  But of course, having a plan is not enough – the group is also there to hold each other accountable; ensuring that if someone has made a commitment to do something, they do it.

Why is a Mastermind good for you and your business?

1. You will be part of an exclusive community

As part of a mastermind you will become part of an exclusive group. You will meet monthly and you will form strong bonds with the group you are in.  Not only that, mastermind groups are usually formed for their complementing skills.  This means that the group as a whole will be able to problem solve easily, ideas will flow and you will develop amazing action plans that really deliver.

2.  You will have peer support

It can be pretty lonely being a business owner – particularly if you are part of a small business, or work from home.  Having people who in your mastermind who you know are in a similar position and who you can bounce ideas off is great for giving you further sense of purpose and making you feel that you are not alone.

3. You will achieve results – FAST

A huge benefit from having a group of people listening to your work issues, is that you have a range of experience to draw on.  This means that when it comes to finding solutions you will come up with them quickly.  Also you will develop great plans for delivery and have a whole group of people asking about how the work is going.  Therefore, you have accountability – there is no hiding from getting the work done.  Consequently, unless you want to be the one to admit to the rest of the group that you haven’t done what you said you would; you will get your plan delivered – and of course, that means you will get results and much faster than when working on it alone.

4. You will gain confidence

There is nothing like feeling part of a successful community and delivering in your job.  When you feel successful, guess what? Your confidence soars! Who wouldn’t want this?

5. You will grow your network

The mastermind may be small (usually less than 8 people) but you will get to know those people really well and they will become your best supporters.  Therefore, you will be introduced to / recommended to, each of the members networks over time.  Consequently, by being part of the mastermind you will grow your network not just by the number in your group, but you will typically also gain the network of those in your group.  And the best bit is, that a a group you will genuinely want to support and help each other – and that means promoting each others business, which of course, leads to more business.

6. You will meet new people to collaborate with

As a close group who want to support you (and with complementary skills), it is highly likely that members in your group might find ways of collaborating.  You might find someone in the group who is a perfect fit for a project you are working on or you might have the skill that they need.  This will allow you to achieve far more.

 

If you would like to find out more about Mastermind groups or are interested in joining a mastermind in the Somerset / Devon / Dorset area, then contact:               Yvonne@astara-coaching.co.uk for more details.