Running a business is not for the faint of heart and you face many challenges each day.

But there are ways in which you can minimise the load on your shoulders and make your business #1 without sacrificing your health or breaking the bank. Running a business is not for the faint of heart and you face many challenges each day.

It’s about bringing the right people into your inner circle and creating your power team around you – you do not need to do this alone.

Your inner circle needs to be made up of people that stand behind you 150%, with total commitment to your dream and your vision. One of the absolute key people in that inner circle is a business coach. Somebody that not only coaches entrepreneurs but is an entrepreneur themselves, with a proven track record of business excellence and success.

Here are the 3 main advantages to having the right business coach

Advantage #1 – Learn from their mistakes so that you do not have to make them.

The right business coach will be somebody that has already made mistakes and learnt the lesson from the situation.

By having that business coach in your power team, you do not need to make unnecessary, costly mistakes – you just get the information and guidance from your coach about what to do and not do. They will be able to guide you in making the right decisions for your business based on their practical experience about what works and what doesn’t, plus the lessons they have learnt along the way.

Why would you put yourself and your business in harm’s way, if there is a better way of ensuring your outcomes?

Advantage #2 – You have the best sounding board you can imagine

As a business owner, we sometimes feel that we are totally alone and have nobody who understands exactly what we go through each day. Speaking to your spouse/ significant other is not the answer, speaking to your friends in most cases is also not ideal, much less the rest of the family or heaven forbid some of your employees. You need to be able to speak to somebody who understands and can guide you correctly or give you the insight into what is the correct action to take.

Having a business coach that you can not only bounce your ideas off of but discuss your challenges and issues with, is worth more than gold in your business. The business coach knows exactly what you are experiencing as they have in most cases already been there and done that. They should also be completely trustworthy and act with integrity to keep your information confidential, in other words, become a trusted partner in your business life.

From the above, you can see that choosing the right business coach is a large part of the formula to making this one of the best investments you will make in your business.

Advantage#3 – You have an excellent accountability partner.

The third advantage is even closer to home. As the business owner, we normally hold a higher profile to our staff and peers. This status alone almost makes one feel untouchable as if you know everything. This can become the death knell of your business – you, even more than anybody else in your business, need to be held accountable for your actions.

People are depending on you in more ways than one for their livelihood and future. Their families depend on you. If you are not held accountable by somebody that has the strength of character to point out where you are dropping the ball, then you might as well close your business now. Nobody likes a boss, partner or colleague that does not step up to the plate and take action on their promises and commitments.

Your business coach having intimate knowledge of your business, your goals and what you want to achieve, is the best person to hold you accountable to action the things that you have committed to and make them happen.

As you can see from the above, the investment you make in the correct business coach will make you far more money than costing you money. Make it your business to find the right one for you and your business and #1 is not far away !!