The big question: How much does a Business Coach cost?
We get asked this question a lot – in fact it is normally one of the first questions we get asked when speaking to business owners. It is often accompanied by “I don’t think I can afford this” or “I don’t need a coach” before the benefits of coaching have been duly considered.
The honest answer: It varies
It really does. It depends on the service you chose and the intensity of coaching you require. Our services range from £50 per month to £3,500 per month (and it is likely you will find other business coaches who charge more). It’s a wide range for good reason; to ensure you receive the right level of coaching to achieve your goals and to tailor the coaching experience to one, two, three or four business owners.
So what do I get for my money?
1. You get a Business Coach who really cares about you and the success of your business
Being a business owner can be a lonely game with few people who understand what you are going through or how to support you. Your Business Coach becomes your sounding board, confidant and the person who will continually challenge you to be better, think better and do better. Ultimately, their success is linked directly to yours. It’s a win-win situation.
2. You get access to a wealth of experience and knowledge
Business Coaches are typically business owners, or have been so in the past, so they can offer years of business experience and will have been through many of the challenges you are going through now. To add to that experience, they are trained to get the very best out of you through coaching and will use business strategies that have been tried, tested and proven to be successful time and time again.
3. You get an expert by your side to ensure your business achieves great things
Business Coaches can help you in many areas of your business, however we find that business owners typically need help in one (or more) of three categories: Time, Team and Money. As an expert in the art of business, your coach will work with you to identify the root problems in your area(s) of concern and will teach you strategies to overcome them. Because each category has a direct effect on the others the results of taking proactive, educated actions will result in significant improvements to your bottom line.
4. You get to experience the journey of self-development
Not only will you and your Business Coach work on your business, you will also work on you as an individual. A business cannot grow bigger than the business owner, which is why continuous self-development is vital for success. Your Business Coach will encourage you to be the very best version of yourself through the re-education of what it takes to be a successful business owner. The true meaning of the saying “you don’t know what you don’t know” only reveals itself when you experience the journey of self-development.
5. You get to choose what you pay for
Business Coaches can offer you a variety of different types of coaching including 1-2-1 and group coaching using proven business success strategies, to book clubs and seminars. This means that you can select a price that suits your budget and a programme that meets your needs. You can decide whether you want to dip your toe or dive right into the world of coaching.
The Real Question: Can you afford not to have a Business Coach?
If the thought of spending money on the ‘unknown’ leaves you aghast with anguish, then fear not! Choosing a Business Coach who offers a guaranteed return on investment will give you peace of mind that your commitment to coaching will derive a greater return than the sum you invested.
Take an honest look at your business – is it where you envisioned it would be by now? Do you see areas for improvement that you can’t reach on your own? Then now is the time to seek help.
If your business is battling against the tidal waves of success and you are still unsure whether you can afford a Business Coach, remind yourself that “if you always do what you’ve always done, you will always get what you’ve always got.”
The real question is, can you afford not to have a Business Coach?I want to learn more