Being an entrepreneur can be very rewarding. But sometimes getting from point A to point B can look a bit like this.
You detour through C, G, then back to A, have a short stop at D, a long trip to Z and then back again.
All of this back and forth can leave you feeling overwhelmed, under-appreciated, confused and even a total failure. It’s not only feelings at stake. It’s your family and your livelihood.
But an entrepreneur coach can help you cut through the clutter of doing everything on your own and help you achieve the success that you know that you deserve.
They can be that voice of reason when your entrepreneurial spirit is leading you off a cliff and that tug you need when you’re afraid to step out of the comfort zone.
Let’s explore how you’ll know it’s time to consider getting a coach.
You’re Trapped in the Comfort Zone
It’s your safe space. You know you can stay there and everything will be alright. You won’t be as successful as you’d like while you’re there. But you won’t lose too much either.
The safe space can be a slow death for many entrepreneurs. You’re not taking the risks. But you’re not seeing rewards. And you may not even realize that you’re standing on a sandy slope, very slowly slipping backward.
An entrepreneur coach would never insist you do something you’re not comfortable with. But they will challenge you to take risks and become what you’re meant to be.
You’re Surrounded By Yes Men and Women
You’ve got that kind of personality that makes people want to follow you. You’re determined. And when you want something, you go for it. You ram anyone and anything that blocks the way.
This kind of self-driven character can make you an amazing entrepreneur. But it can leave you surrounded by people who follow your lead and never really question why.
An entrepreneur needs someone who challenges their beliefs and is willing to say, “that’s a really bad idea”. An entrepreneur coach is an impartial confidante, who isn’t afraid to tell you you’re wrong before helping you find a better way.
The Weight of It All Seems Too Much
You work really long hours. You’re often working for some future payoff that you may or may not achieve. In the meantime, you’re sacrificing your health, relationships, and credit.
Often when we feel overwhelmed, it’s because we’re trying to find the most effective way to do things and we haven’t found them yet. As an entrepreneur you may be saying: I should be able to figure this out.
But the fact is that there are people who’ve been where you are and they know how to help you work more effectively.
You don’t have to re-create the wheel, the horse and buggy, and the car too.
An entrepreneur coach will be able to help you streamline your processes and better balance work and life.
You Need to Talk to Someone Who Gets It
Do you ever spend hours out by the swimming pool at night talking with your faithful dog about your business?
He’s a great listener. But he’s never been very good at giving advice.
As an entrepreneur, most of the people in your life probably aren’t in a much better position than your dog when it comes to advise giving.
An entrepreneur coach was an entrepreneur first. He/she’s successfully started, grew, and probably sold more than one business. A coach gets what you’re going through, your challenges and can see the long game to help you get there.
You Know You Know How To, But For Some Reason, You Don’t Do
One of the earliest life lessons entrepreneurs learn is that knowing how to do something and actually doing it are 2 very different things.
Maybe you took a business class or got your MBA. You’ve read all of the books from top influencers and even attended the seminars.
But when it comes to putting what you’ve learned into practice, you get stuck.
Sometimes you’re off to a great start. But you have trouble keeping that momentum going.
Or maybe you’re skipping really important steps. Maybe you can’t stay motivated to see it through and finish strong.
Regardless of the reason, a coach will help you turn what you know into what you do. They’ll help you figure out where things are falling apart.
And while a good coach would never fix it for you, they’ll facilitate your growth, challenging you to practice what you preach and follow through to succeed.
Results Are Lackluster
You went into business to make money, to be your own boss and because you care about what you do.
If you feel like you’ve done everything to be successful, but the payoff just doesn’t seem to be there, an entrepreneur coach can help you figure out why.
You Know There’s Got to Be an Easier Way To Do All This
Yes, there is. As entrepreneurs, we’re stubborn. We’ll beat our heads against a wall for hours before we step back and admit we’re going about this the wrong way.
The entrepreneur coach can make the “head beating” stop.
They can help you untangle the web of disorganization, hastily made decisions and straight up oopses to improve your process, simplify your business and get better results.
You Know There’s Got to Be a More Affordable Way to Do All This
As an entrepreneur, chances are you’re not swimming in an Olympic size pool of 20’s — yet.
Even if you were, you know that overspending money isn’t the way to succeed.
And yet, what you don’t know as an entrepreneur can really hurt you.
You’re making $1000 and 10’s of $1000 decisions every day. Often these decisions are made on limited information with limited time and with even more limited resources.
You can’t afford to invest that money in tools, marketing, customer relationship management systems, facilities and people that aren’t going to help you reach your goals.
The entrepreneur coach helps you figure out how to make the best use of your money to succeed.
You’re Swimming in a Fish Bowl
And this fish bowl is your own head.
It’s getting harder to be creative and to stay motivated.
You’re spending all of your time thinking things through without talking to other people. You’re not getting fresh ideas and perspective on what you’re doing. You can’t look far enough ahead to see what lies just beyond the horizon.
Research shows that creativity doesn’t develop in a vacuum. It requires the sharing of ideas, seeing beyond your own narrow world and getting feedback from someone you trust.
An entrepreneur coach helps you smash narrow focus and expand your mind to conceive great possibilities and work toward them.
You’ve Got the Ideas And Drive But Not the Connections
It’s not the coach’s job to “hook you up”. But one of the benefits of working with someone who’s “been there and done that”, is that they know people.
And if you’re a worthy protege, they’ll usually be more than happy to give you someone’s number, set up a call or even attend a face to face with you.
Even if they’re not willing to exploit their connections for a client, the entrepreneur coach knows how to get people to “call you back”. They can help you hone that skill.
You’re Getting Sick & Tired of Being Sick & Tired
You’re ready to throw in the towel. But you may be so close to achieving what you’ve been working for. You just don’t have the energy or money to do it anymore.
An entrepreneur coach can help you get back on the right path, renew your confidence in yourself and help you reach new heights.
You Want To Make More Money
It’s frustrating when you work 80 hours weeks and then tally up your earnings. And it comes out to $15-$20/hour if that.
Really? You know your time’s worth more than that. How do you get past just getting by to being a successful entrepreneur? You know it’s possible.
- Have a proper plan
- They don’t measure and adapt
- They don’t network effectively
- They aren’t prepared for a longer take off
Without this, they can’t improve their closing rate, so that they can’t work smarter not harder.
The entrepreneur coach helps the entrepreneur reach his/her full potential.
You Need Someone Who Holds You Accountable Without Micromanaging
Many become entrepreneurs because they don’t want to answer to anyone.
They soon find out that they still have to answer to clients and regulators who can be much more brutal than a boss, but that’s another article.
Having someone to be accountable to besides yourself, can help you challenge yourself, not make excuses and achieve what you wouldn’t otherwise achieve by yourself.
You Know It’s Time to Grow But Don’t Know How
Knowing when and how to grow your business is important to your survival as an entrepreneur.
Missing opportunities to expand into a new market or vertical may simply seem like missed opportunities. You didn’t grow. But you didn’t really lose anything either.
Unfortunately, this isn’t how it works in the real world.
Missing growth opportunities or failing to properly manage growth can create an opportunity for your competition to jump in and fill the void.
An Entrepreneur Coach Adds Real Value To Your Business
An entrepreneur coach can seem like an expense at the time. But as you can see, they add real value to your business and can help you achieve so much more.
We’d love to hear about your experiences with entrepreneur coaches. How have they helped you reach new heights? Would you add anything to our list of reasons?