Hiring a business coach: Yay or nay?

Image source: startupnation.com

When entrepreneurs see, read, or talk about business coaches, a lot of them see an added expense to their company. And since business coaches generally demand high compensation, many smaller companies ignore them. But is that the right move? Or is there truly some wisdom in hiring a business coach? Steve Sorensen.

While the price of hiring a business coach ranges from hundreds to thousands to dollars, depending on the schedule and size of a company, it may prove to be a valuable investment. Many successful business leaders who’ve been mentored by coaches have gone on record to say that the pros heavily outweigh the cons. Steve Sorensen.

Image source: advicoach.com

The philosophy that one should never stop learning is emphasized when one owns a business. With all the things that have to be done and all the things that are happening all at the same time, knowledge can be a great tool, and guidance even more so.

Steve Sorensen. That’s what a business coach brings to the table. Not only does a business coach teach business people the fundamentals of a business, but there are also specific and incredibly important points he touches on, points such as how and who to hire at the different stages of a business’s life, how to maintain the best employees, and who to let go.

A business coach also imparts wisdom he’s gained from years of mentoring other successful entrepreneurs, because after all, they, too, are continuously learning. And business owners can greatly benefit from their knowledge if they’re willing to pay for it. Steve Sorensen.

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