One way to up your game personally and professionally is through business coaching.
The best athletes and top performers work with coaches daily to receive feedback on how to improve personally and professionally. Business coaching is often an important and overlooked part of a founder’s success. Finding the right coach(es) can help avoid six-figure disasters, navigate obstacles, and overcome the most challenging aspects of running and growing a business. It’s important to make sure that the person who is giving you advice has done what you’re trying to do. For example, if you’re trying to go to $3M, find someone to work with who has taken their organization to $3M and beyond.
Coaching can exist in many formats from one-on-one to peer groups to online classes. Here are three ideas for business coaching in Knoxville.
1. Hire a personal business coach
Hiring a personal business coach can be a great option for an entrepreneur with a business of any size. They can often see your business through an entirely different view point and give you the advice you need to fix the underlying issues that cause headaches. You can find some great business coaches here in Knoxville. If you haven’t seen our MasterClass with the renowned Business Coach Peter Sage, check it out here.
2. Education and mentorship
Specific skill training and business education can help founders improve revenue and discover new ways to scale. Find classes and training that are relevant and speak to your business size. The trajectory going from $1M to $3M is different than scaling from $250k to $1M. Education and training courses come in many forms, from university-sponsored classes to private sessions with mentors. Finding the right teachers, coaches, and/or mentors can help improve your skills and provide perspective on your business. Organizations like EO Knoxville provide a plethora of educational resources and opportunities on local, regional, and global levels.
3. Mastermind groups
When we think of a business coach, we traditionally think of a one-on-one with a “coach” every month. What if you could draw from not just one entrepreneur’s experience but several? A Mastermind Group is a group of like minded individuals who meet up on a regular basis to discuss their businesses, the challenges they face, and solutions to help grow together. At Entrepreneurs’ Organization, we call this approach Forum.
The highest-rated benefit of EO membership, a Forum fosters peer-to-peer sharing between members in a trusted and confidential environment. It is like having multiple skilled business coaches meet with you one time per month to help with your challenges. Forum offers a format where the complex intersections between your business, personal life and community engagement can all be addressed head-on, so that you can achieve fulfillment in all of your endeavors.
If you’re a business owner that generates $1M+ in annual revenue, tapping into Entrepreneurs’ Organization is an excellent way to get the support you need. Click here to learn more.