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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?

2 Responses to “Can a coach help your small business?”

  1. July 22nd, 2008 | 7:28 am

    [...] of coaching (as I was last week), I know several people who have parlayed successful careers into nice “retirement” jobs [...]

  2. July 22nd, 2008 | 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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