Quite often I run into business owners who know they are in need of assistance but are confused whether they need a coach or a consultant. Often they are not sure what the difference is between the two or they don’t know which one would be appropriate for their situation.
The difference between consulting and coaching can appear subtle, but there are distinct differences and both approaches are valuable.
As a business coach, I often see that implementing effective marketing approaches presents itself as a major challenge for many clients. Today’s marketing trends are changing at a vast and rapid rate. This can make it even more challenging to find and make the most of the valuable trends while they last.
Scaling your business for true growth is essentially what all business owners strive for. You want to increase your revenue quickly and simultaneously keep your costs and use of resources down as you grow. You want to optimize, not duplicate your efforts. You want to increase your performance even under increasingly mounting operational demands and expanding workloads. You simply can’t increase your sales and costs at the same rate; otherwise, you are not technically growing or adding value to your business.
In an era where productivity rules and the ability to be efficient is of paramount importance, it is easy to see why time management is imperative to success. What’s harder to understand is why it exists as a universal problem. Every business owner or executive seems to struggle with time management on some level. Managing our time is difficult because, well…
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our Light, not our Darkness, that most frightens us.” - Marianne Williamson
Most of us are looking for growth in nearly every aspect of our lives. But what has the most impact on our success? There are many conflicting belief systems that dictate the end result. Is it our hard work and determination? Is it our effort that pays off in the end? Or is it our innate talent that determines our overall success? The answer has been proven time and time again.
As business professionals – entrepreneurs, solopreneurs, and corporate executives – we move quickly to grow our business. It’s seldom we have time – or the choice – to consider with whom we spend our time. We busily navigate through our day picking up friends, colleagues, and associates along the way without much time for reflection on how those relationships impact our business and our brand.
Okay…I know…everyone is publishing their best summer reads for 2016. And, yes, I am going to jump into the fray. As leaders and business owners, I believe reading can take us and our businesses to new levels. Maybe the following quotes are the best way to express my feelings:
“Not all readers are leaders, but all leaders are readers.”- Harry S. Truman
“Some people will lie, cheat, steal and back-stab to get ahead...and to think, all they have to do is READ.” - Fortune
Getting authentic and valuable customer feedback is absolutely essential to the growth and success of your business. Although, getting this information is not always that easy.
Here we will discuss the difference between traditional and modern models of obtaining customer feedback as well as provide you with valuable tips for retrieving this information as easily as possible.
Stop being the founder/owner of your business and start being a CEO. The transition is not easy, but it is the key to scaling your business for real growth. As the founder/owner of your business you find customers, you build the team, you develop new products/services, you secure financing and you roll up your sleeves to do whatever needs to be done. A CEO positions the business to scale up for growth. A CEO lets the team do what they were hired to do and stops doing it all by him or herself. A CEO focuses on 5 actions that will scale the business for sustainable growth. Here are 5 actions you need to take to become CEO of your business.
Business plans of old—and many modern ones as well—possess detailed sections on how a company plans to get funding through traditional means. Think banks, credit unions and interested investors. However, more and more business plans have sections on crowdfunding, and some plans totally bypass traditional funding. Here’s the inside scoop on crowdfunding and why it may make sense for your business.