Why Should I Invest In A Business Startup Coach?
Launching a new business can be extremely challenging and stressful. If you look at the statistics, you may be seen by some of your friends and family as a bit under the weather for trying to start your own business. If you need an advocate throughout the startup process, feel free to reach out to Alice Pallum of AMP Business Coaching today. Alice has worked with countless startups to help them navigate the complex minefields that exist as you’re starting any type of business.
Many business founders have the type of personality where they want to do as much on their own as possible. This can get them in trouble as it’s key to learn when to delegate and focus on your core competencies. The same can be said for business coaching. You likely think that you don’t have time, or you can’t afford business startup coaching, but the reality is that not investing in a business coach could actually be hindering the growth of your current business.
Benefits of a Business Startup Coach
There are a whole host of benefits to hiring a business startup coach, a few of which we’ll dive into below:
- Understand organizational structure – A business startup coach will take the time to understand your organizational structure as well as the overall goals of your company. They’ve likely been in your exact situation before and can help you avoid some of the pitfalls that are synonymous with starting a business.
- Outside perspective – As business owners we can sometimes have tunnel vision. We may think that an idea has merit, when we’re forcing ourselves to believe that it can be a success. A business coach can give you the third-party perspective you need to ensure entering a new market or launching a new product is a sound investment decision.
- Hold us accountable – It’s important as a business owner to set goals and do all you can to attain them. Without a business coach, you may find yourself not hitting the necessary targets that you’ve set for yourself and your new company. A business coach can give you the accountability you need to ensure you’re doing everything in your power to reach your goals and in turn succeed as a business owner.
Look at Business Startup Coaching as an Investment
It’s important to not look at business coaching as a cost, but rather as an investment. You want to work with a startup coach who has been in the trenches themselves and understands how a business should be run and understands many of the issues that can arise during the startup process. Too often a business coach won’t have the relevant business experience that can provide value to their clients. Alice Pallum has extensive business experience and is ready to put that experience to work for you. Think of her as a trusted advisor who can help you avoid potential pitfalls that could significantly derail your chances of success in your business. While some may look at business startup statistics in a negative light, these statistics aren’t telling the whole story. For instance, startup statistics from 2018 indicated that 56% of new business made it to the 5-year mark. This means that roughly 1 in 2 businesses will succeed for at least 5 years. At AMP Business Coaching, we’re confident that many of the businesses who couldn’t succeed did not harness the value of a business startup coach.
If you’re ready to learn more about hiring the services of a business startup coach, don’t hesitate to reach out to Alice Pallum today. She’ll be happy to sit down with you for a consultation to learn more about your business and determine if working together could be a good fit. Give her a call today at (612) 799-3991 to schedule your initial consultation.