The Benefits of Business Coaching for Business Owners & Founders
Steering the ship of a business is can be both exhilarating and challenging. Decisions made can have a profound impact on the entire company and its performance. It’s in this context that personalized business coaching emerges as a powerful tool for business owners to not only navigate the complexities of their roles but to thrive and excel.
I’ll dive into the various advantages and positive outcomes that business coaching brings to owners and founders as a not-so-secret weapon.
Aspiring towards big goals?
You started your business because, and I’m taking an educated guess here, you want to have flexibility, create a lifestyle uniquely yours and make a positive impact through your work. Is that right? or close?
If you’re aspiring to or on your way towards something bigger and you feel there’s more to go and not quite there yet, amidst the strategies and the tactics, I’m inviting you to consider another aspect that will help you increase your success rate to achieve big goals.
Your energy: the mental perspective you’re bringing to your goal achievement.
Are you prepared for the unexpected?
If you didn’t show up to work in your business for a day, would it continue to run?
Ensuring your business can run whether you show up to work or not is a sign of a true business.
If the answer to this question is no, then you have yourself a nice job you go to each day.
The day will come when we won’t be able to work in our business either for a day, a week, a month, or longer. The question is, will this be a planned break or an unplanned break?
If that were to happen right now, and it was an unplanned break (think injury, illness or caring for a loved one as examples), what would happen to your business? your employees? your family’s salary?
The benefits of time off work
In a world consistent overworking and putting off personal plans to ‘get ahead at work’ is still a badge of honour for some (things are are changing but not fast enough in my opinion), sometimes the idea of taking vacation gets shoved aside.
But the research and benefits of taking time away are quite compelling:
Planning to be away? How to achieve a stress-free vacation from your business and work
If you’ve ever had the thought:
“It’s too much work to take vacation, so I’m not going to bother,” then you need to read this.
How can we prepare to be absent from work or business without it causing too much stress so it negates the positive effects that time away can bring?
It’s about planning ahead and creating processes for the things you regularly do so they are more easily teachable and repeatable by others.
The more planning you do, the less stress going away will be.
Cultivating Resilience
Being able to recover from setbacks, challenges, and major difficulties not only applies to your personal life but also applies to your work and career as well.
A number of people leave jobs where they’ve experienced high stress, overwhelm, and even workplace trauma. 47% of working Canadians agree that their work is the most stressful part of their day. (Source: Workplace Strategies for Mental Health: Morneau Shepell. (2017). Media Room)
Finding your own ways to recover from setbacks and tough situations can help you move forward and cultivate resilience for future challenges.
And, as a leader, resilience can help you lead and expand into new opportunities. Having personal experience in cultivating your own resiliency can also help you support the people and teams you lead.
Here are some strategies to consider if you’re interested in continuing to build your own resilience:
Three power-hungry forces in your business and how to shift the power-struggle
Time, Stress and Money
These three power-hungry forces show up everywhere. They’re sneaky and like to assert their power over everything.
And, when it comes to running a business, this is no exception.
And, every business has had to deal with these power vortexes at some point. Some have battled back and have asserted their control over the 3 forces…and others are still battling valiantly.
The analogy of a ‘battle’ can be fitting because when you’re dealing with lack of time, lack of money and an overabundance of stress, it can feel like an uphill battle to grow your business.
The fatigue, the overwhelm, and loss of confidence can be crippling to a small business owner who has big dreams and wants to provide a secure financial future for their family.
So, we need to shift the power dynamic.
We need to rise up and establish who’s boss….a rising of the defenders and protectors of sanity, confidence, and calm presence. An anti-dote, if you will, to the power-hungry forces that want to dominate.
Your business and the Holidays: managing Holiday stress
I don’t know about you, but recently, I’ve been witnessing a number of people who’ve been feeling stressed and very tired. It’s a busy time of year. And, it can bring out feelings that sometimes lay dormant throughout the year. It can be an emotional time for many.
On top of that, you’re running your business and you’re dealing with everything that normally lands in your lap but you also have the added commitments that go along with the Holiday season.
I’d love to have a magic ingredient that could take this all this away for you and transform it into a feeling of peace, ease, and comfort for you.
What I will do is share some thoughts that I hope may support you.
Finding Joy in your day
The messages to return are piling up, the billing needs to be done, the meetings have to be booked, the conversations have to happen, let alone the kids need driving somewhere at the end of the day…wait…when will they have time for homework…or practicing their instrument? …and then there’s meal planing….
And then there’s Joy.
When do I have time for that?