At what point in time during your career as a small business owner do you need a mentor or a coach? There is, as we talk about today on CEO Chronicles, a difference between a mentor and a coach, and although there really is no set right time or right reason to get a business coach, we talk about the reasons why we feel like we might need one, especially because of growing pains and feeling overwhelmed.

Again, there is no correct reason for feeling like you need a business coach, but it is still a good idea to identify what your reason is. Are you feeling lost and/or overwhelmed? Do you need time management strategies? Do you need to be better at holding yourself accountable? These are all common and valid reasons to be a point at which you feel like you could use a business coach, and you don't always have to fork over thousands of dollars either! There are programs available out there such as SCORE that will give you their time freely, and free does not always mean lesser quality!

We also discuss what makes a good coach and what you should look out for when looking for one, as well as the limits that we sometimes impose upon ourselves and how coaches can sometimes help us unlock those doors. Until next time, we really appreciate you tuning in again and encourage you to reach out to us via the email address provided in the show notes if you have anything that you would like to share with us!

 

Time Stamps

[0:30] – We learn that the topic today is business coaches.

[1:11] – Karamel asserts that she needs a business coach.

[1:35] – Michele clarifies the difference between a coach and a mentor.

[3:28] – Karamel argues that a relationship with a business coach is a business transaction.

[5:27] – Michele discusses the learning process that this podcast has encouraged for her.

[6:40] – It's important for us to ask ourselves why we need a business coach.

[8:07] – Karamel and Michelle discuss SCORE.

[11:00] – We are reminded that personal development is always important.

[12:26] – Michele encourages us to be sure that a business coach has valuable experience.

[14:18] – Michele shares that getting a business coach should increase your productivity.

[15:22] – Karamel stresses that we can't expect something for nothing.

[16:50] – Karamel states that there are coaches out there for everyone.

[18:22] – We sometimes have self-imposed limits.

[20:14] – Michele argues that we need to open our minds to new ideas.

[23:07] – Michele asserts that a business coach needs confidence and a record of success.

[24:52] – Karamel says that she is still looking for a business coach who is a good fit.

Resources

CEO Chronicles – Website

Email us: [email protected]

CEO Chronicles - “Cash flow are you swimming or sinking?”

SCORE - Website