Can a coach help your small business?

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Have you heard about “coaching?” No, I don’t mean the football kind. I’m mean the “business coach” or “life coach.” While coaching (the sports variety) has been around for a long time, the concept of a business or life coach or personal coach is relatively new. Many star athletes have had personal coaches to help them improve their careers. Now, anyone can have a personal/business/life coach. And they are everywhere. The International Coach Federation, a non-profit organization with over 13,000 members worldwide, credentials coaches.
Dr. Phil talks about coaching with his clients. You can find a local coach or sign up for an online coach. Either way, you’ll pay between $500 and thousands a month for the services of this person.
Is the coaching worth it? I don’t honestly know. I had a coach for about a year. He initially did some personality tests, etc. and got me to write down my goals and develop a mission and vision for my business. He helped me to keep my goals in mind and be motivated; he kept me on track. Could I have done that myself? Probably. Would I have done it as well as he did? Probably not.
If you are considering hiring a coach, the ICF has 5 recommendations for you (in this article on FoxBusiness.)
Do you have a coach? Have you ever had one? What did you think? Was this person worth the money? Do you think a coach can help your business?
Tags: baby boomers, coaching, international coach federation, small businessesRelated Stories
POSTED IN: Associates, Boomers helping others, Business Improvements, Business Plan
2 opinions for Can a coach help your small business?
Jobs for Boomers: Coaching
Jul 22, 2008 at 7:28 am
[...] of coaching (as I was last week), I know several people who have parlayed successful careers into nice “retirement” jobs [...]
Jobs for Boomers: Coaching | money news blog
Jul 22, 2008 at 8:03 am
[...] of coaching (as I was last week), I know several people who have parlayed successful careers into nice “retirement” jobs [...]
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