In the recent past, business coaching services have become increasing popular, leading to the rapid growth of the Australian coaching industry. In fact, according to the Australian Institute of Management, about 70% of its member organizations hire coaches. As an entrepreneur, the right business coach can help you hone your business skills, allowing you to deal with common business challenges, such as taxes and growth strategy, effectively. With that in mind, here are tips for finding the right business coach in Australia.
Understand Your Strengths and Weaknesses
In essence, a business coach can assist you with virtually every aspect of your business, from hiring staff to creating a marketing plan to developing a long-term growth strategy. Of course, you may not necessarily need help with every aspect of your business. For this reason, you should determine which aspects of your business you need the most help and then find an experienced business coach to assist you with those aspects.
Consider Crossover Expertise
Ideally, you would want to have a business coach with expertise in your industry. However, that may not always be possible due to various reasons including geography or the nature of your business. Fortunately, the strategies and tools for business success transcend a wide variety of businesses.
Entrepreneurs generally rely heavily on their brains and gut instincts to make business decisions. For this reason, you should look for a coach who will listen intently to your ideas and more importantly, facilitate your best thinking. In other words, you should avoid a business coach who will simply jump straight to the answers or tell you what to do without necessarily helping you organize your thoughts and ideas. In essence, such as coach will not complement your skill set. Instead, he/she will likely overpower you, stifling your creativity.
Honest, Fair and Trustworthy Coach
Due to lack of business experience, novice entrepreneurs tend to make business mistakes, ranging from a minor to major mistakes. To help you avoid such mistakes, you should look for a business coach that would be willing and able to offer you honest feedback, as well as call you out when you are about to make a business mistake. Additionally, to accelerate your learning process, your business coach should be willing to share his/her early business experiences and challenges with you. To put it another way, you should look for a trustworthy, fair and relatable business coach in Australia who would be willing to tell you the truth, even if it’s not necessary what you want to hear.
The right business coach can help your business growth and thrive. Use the four tips discussed in this article to find the right business coach in Australia.