Life Coaching or Business Coaching?
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So, here we are then. Life Coach Or Business Coach.
Don’t [really] need a coach? Think again. Here’s why…
Coaches. Once the preserve of celebrities and those in touch with their spiritual side. Today they have gone well and truly mainstream.
Back in 1999, there were just 1,500 members of the International Coach Federation. Today, there are more than 17,000. Over in the U.S. this industry is now worth a cool $1 billion, while back in the UK 100,000 Britons seek the services of a life coach EVERY YEAR.
So let’s be clear – life coaches are no longer hippy-dippy. They can be the stuff of life-changing, business-transforming guidance, support and advice. And if these six warning flags are waving at you, chances are you could reallyuse a life coach in your life.
Six signs that say “get a life coach, today”
You suffer from imposter syndrome
Self-doubt can be one of the biggest roadblocks for entrepreneurs – it can sabotage an idea, strangle growth and tell you that that good move you’re about to make, is the wrong call.
So this seems like a good time to say this. Imposter syndrome! It is suffered by every entrepreneur. At some stage in their business life, sometimes on a daily basis.
A solid life coach can hand you clarity and confidence, but they shouldn’t just provide you with the reassurances you need, they’ll be there to get to the root of your self-doubt.
You’re faced with. An impasse
You’re stood at a cross-road ! Whether in your personal life or in business. When a big decision looms, it can be tough to be certain that you’re making the right choice without a sounding board who can provide some perspective. You could ask friends and family, but a life coach could and should understand your business almost as deeply as you.
You have end-goals and dreams, but no dead-set plan
Life coaches reach beyond your personal life, to guide and support you in business as well.
If you have goals and dreams, but you’ve never sat down to strategize as to how you’ll reach them step-by-step. A life coach will help you lay it all out – by week, by month, by year, and beyond.
You prioritise business over health – all, the, time
Burnout is real. Above all entrepreneurs are scientifically proven to be prone to health issues. Especially over and above their employed counterparts. In fact, 32% of entrepreneurs do battle with two or more mental health conditions.
When you’re a business owner, both mental and physical health symptoms can go unnoticed. After all, you’re busy (frantic, even) in your everyday working life. A life coach can set out a plan for taking care of both your body and mind. Then can give you some accountability by ensuring you’re sticking to the program week in, week out.
You put business over pleasure – waytoo often
Be honest, how often do you put business before pleasure – before family time, weekends away and the evening off? While you may be passionate about your business, balancing your work and your outside life is mission-critical (especially considering the poor mental health of all too many business owners).
Unsurprisingly a lot of entrepreneurs are failing miserably in this aspect (30% of business owners work weeks longer than 50 hours). A life coach can help you gain a clear view as to how balanced your life is (or isn’t) – and can deliver the guidance needed to redress the scales.
Ready to be held accountable. By a real coach?
Online courses, in-person coaching, sessions delivered over Skype, AI coaching, automated coaching. Never have you had more options when it comes to getting the help you need to succeed.
What Is The Difference Between A Life Coach and a Business Coach
Let’s explore the fundamental differences between life coaches and business coaches. Yes some of the coaching techniques will have crossover points, however if you choose a life as a personal coach you have to set ground rules, Once you have set your ground rules as a life or business coach you have to stick with them. Otherwise start complicating what your main focus is to achieve then you will be of no help to the client.
Outline of a Life Coach
The purpose of a life coach is to mentor someone on a personal level. This is not to say that business will not be touched upon, it can. However you do not actually get involved in the business itself. It is fine to help them set a goal in business or work but thats where it stops. A life coach is there to bring balance, calm and focus to help people achieve the goals that they have set. Life coaching encompasses upon time management, goal setting, relationship building and fulfilment in ones life.
Building relationship is another crossover into business/work life balance. Helping a client to build better relationship will not only help with their personal live’s but also at work and business. Yes its true that a lot of business leads can be generated online today. It’s true that you can reach a far greater audience using digital marketing. However once you gain that lead it is your personality and relationship with a client that sustains business. Balance, this is the key to a successful life coach.
Outline Of A Business Coach
The purpose of business coach is to drive new goals, long term vision and achievement within that given business. There is crossover again into what the life coach does, however for instance relationships. The relationships focus is only within the workplace, for a better term, working relationships. The business coach guides helps the client to build a better working bond with his employees. Sometimes being a driven entrepreneur leaves you blinded to the needs of your workers.
Its your dream your goal and your desire to make a success of you and your business. Some of your employees may just be there for the money, to pay the bills so they do not share your passion for success. This is where the good business coach comes in, helping to build on those relationships so that they give so much more to your business. In fact all the relationships within your workforce. Any hostile behaviour within you workplace will slow down growth and at its worse destroy the business entirely.
How To Find a Life Coach (A Good One)
As we stated earlier that the life coach business in the UK is still a relatively new industry more and more are appearing. It is important that you find a good suitable life coach. The first criteria is suitable, as this will be one of the most important working relationships you will ever have. If you can’t relate to your life coach then there is no hope at all. So personality is key in the first instance you have to like your coach and have empathy towards each other. Secondly, are they any good the million dollar question. Ideally if you could run a trial period with them it would be great. Not all coaches do this so please do take your time and talk to a few.
Some questions that a good life coach may ask you are
- Where do you want to be a year from now? Five years from now? Ten years from now
- What do you want more of in your life?
- Success, what does it mean to you?
- What do you want to be remembered for at the end of your life?
- Are you moving in the direction of your dreams?
- What would you do if you had no fear?
- Are you enjoying what you do on a daily basis? What needs to change?
- What could you do right now that would make the biggest difference in your life?
Finding the right life coach is a challenge but getting previous successes is another. As the life coach is all on a personal level how do you measure their previous success. You could ask for examples of their previous clients. How did it change someones life, what was success for them, was it a new career, a lifelong ambition. A life coach does not deal in monetary success so be aware, what do your, what would successes look like. Ensure that you have at least an idea of what you want to achieve before you start this journey with a life coach.
How To Find Business Coach ( A Good One)
Of course similar to a life coach you have to like your business coach somewhat but its not as important. The keyword is respect your business coach. After all this is a result driven outcome. The goals set within this area of coaching are goal setting, results and monetary drive. It is easier, hopefully to get some measure of previous experience and success. Do ask for a list of recent clients, business worked with. Simple questions of did you increase turnover, did you improve the bottom line. It could have been just specifics they were tasked to deal with. Change of culture within the business, defining new goals and markets. Ask detailed questions because you want detailed goals and answers for your business to move forward.
Some questions that a good business coach may ask you are
- What areas of your professional life are working in a positive manner?
- What areas could use improvement?
- What type of professional feedback is affirming to you as a leader?
- What do you consider to be a “win” in your work life?
- What beliefs do you have that serve you well as you pursue future career goals?
- What beliefs do you have that are not serving you?
- What do you need to do to take your career to the next step?
Of course these questions will vary if you are an entrepreneur/ business owner or if you are just an individual within a business working your way up the corporate ladder.
Cost Involved of Life Coach Business Coach
Life coaches do not always get paid as well as the business coaches counterpart. One of the main reasons is that over 60% of life coaches are found and hired by individuals. This comes from their personal finances. On the other hand around 90% of Business Coaches are paid for by the companies that they work for. Therefore the budget is much higher coming from a corporation rather than an individual.
Find Your Life Coach Find Your Business Coach
We have a large listing of coaches in our Coaches Directory