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Tuesday, June 16, 2015

How to choose a business coach

Choosing the right business coach might be one of the most important decisions you ever make when it comes to the success of your business.

When an NFL team wins a SuperBowl, sure, the individual players get their glory, but everyone knows it doesn't happen without a great coach. When a team loses, who gets fired? It's the coach. If the world of professional sports understands the importance of great coaching, then the business world should as well.

So, lets take a look at how to hire the right business coach.

Start by asking some questions like "Do you have experience with financial statements?" and "Can you explain financial statements in layman's terms?"

If you use QuickBooks and your coach purports to be a ProAdvisor, ask them about their experience. You don't want a coach that is certified, but not practiced. You need someone who knows it inside and out with a comfort level that only comes from everyday use and familiarity.

Ask about the clients they have served in the past. See if they have experience in your industry. Each industry will have nuanced challenges and opportunities. You want a coach that has experience in your field, and maybe some surrounding fields so he or she knows how your business will interact with your vendors and clients.

Make sure you can relate to and understand your coach. You have to be comfortable with and fully trust your coach. You have to believe the the coach has your best interest at heart.

I may write more about this next month when I continue talking about Business Coaching.

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