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March 9, 2020

The Importance of a Business Coach for a Small to Medium Size Business Owner

If you’re new in business, you might feel unsure about the necessity of small business coaching in Melbourne. Can’t you just handle things yourself? Is the cost of a small business mentoring service really worth it? There’s a reason why multi-million dollar entrepreneurs always credit business coaches and other support people as being the difference between success and failure for them. It’s because support and accountability – both of which you will get in spades if you find a business mentor to work with – are vital for building and growing a business to its full potential. Below are some important kinds of support that you will get from small business coaching in Melbourne.

Accountability

When you’re working as a sole trader and just starting out in your business, a lot of your time is spent alone. You need to use your own will-power and self-discipline in order to get things done. But will-power and self-discipline are expendable resources, meaning that you can run out of them. And then what do you do? Well, that’s where having a supportive network of likeminded business owners can help. Additionally, small business coaching in Melbourne can also help to keep you accountable to the actions you need to take to build your business. Especially when it comes to the actions outside your comfort zone that are important for business growth.  

Problem Solving

If you’re a sole trader or you have a small team, things can often feel a little isolated. If you don’t have a support network of other business owners to bounce ideas off, then a small business mentoring service can also fulfil this function very well. When we’re isolated, we can get stuck in problem loops, where we keeping thinking about a problem, and thinking “I don’t know what to do about it”, then thinking about the problem again. This can waste a lot of time and stop progress in its tracks. But if you find a business mentor, they can interrupt this unproductive process with new solutions that you might not have considered before. It’s all about getting new input into your thinking which can then drive you forward again.

Keeping Goals in Mind

When you’re working alone in your business, it can be easy to feel overwhelmed. Perhaps you’re constantly working in the business rather than on the business. If you find a business mentor to help you, they can guide you to keep correct perspective on your business. You need to take a step back occasionally and think about the business as a separate entity to you. What does it need for your next stage of growth? What does it do well? Where can it be improved? What support do you need to work in your business more efficiently? Small business coaching in Melbourne is designed to remind you to ask these questions, but also to remind you of the admirable progress you have made so far towards your goals.

Looking for Small Business Coaching in Melbourne?

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Kylie-Ann Kobelt

Kylie-Ann Kobelt

Personal Life Coach, Business Coach & Change Mentor

 

Hi, I’m Kylie-Ann, it is not the things that happen outside yourself that affect you the most. What goes on inside your head is the most powerful indicator of your success as a person. So, if your thinking becomes clearer and more empowered, so does your life.

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