A business coach is a person who does not necessarily have expertise in the field of their client, but is able to help them grow their revenue and profit by coaching in areas such as confidence, decision-making, self-esteem, risk management, performance, business process and strategy. So it’s irrelevant that I’ve worked mainly in technology and marketing – if your business is in insurance, admin, sales or even something as distant from my experience as manufacturing or construction, we can work together.
There is often an associated reduction in stress, which the human body can store up causing mental health and physical health issues.
Your expert skills in your job are of significant benefit, but your business success will also be based on you as a person. As such, there is a large element of personal development within coaching.
Business coaches will often work with an entrepreneur, small business owner, executive, CEO or business leader on a business coaching program that has the goal of learning and personal development for their clients, to help with their business and their team.
Coaching programs are designed by a successful business coach to cover strategy, business management, client role, personal coaching, to goal-making and accountability. In addition, leadership coaching is common for executives. They might also be a manager, executive or associate who has been tasked with facilitating the professional growth of an employee.
A business coach is not a mentor / consultant / adviser. A business mentor is usually a person who has more experience in a certain field or industry than their mentee. Basically, they are someone who is hired to provide expert advice in a specific field. Coaches don’t typically advise to make decisions for their clients.
As touched on above, a good business coach may also touch on elements of being a life coach since clients may not have an effective work life balance. Life coaching has the aim of looking at someones entire life to create happiness. This in turn can help to achieve business growth through an all-round happier executive with fewer stresses and more support.
A business coach may also undertake career coaching with their client in order to help the business owner find the tasks that help them live within their values, and find the path towards living more contentedly.