Business coaching?

**Giulio Taranto** · 09-21-2006 03:14 PM

I am most likley going to opening a second store soon, just wanted to hear prople's thoughts on using a business coach to point me in the right direction in setting up new systems within the business.

Have you lot ever used one? Are they worth it ?

**LightHouse** · 09-21-2006 03:22 PM

If you already have a store open and have enough revenue to open a second what do you expect to extract from a business coach?

**ahmedmashhood** · 09-21-2006 03:58 PM

well, I would strongly recommend that. I have had coach and mentor, and the right person helps alot. As your business grows you have to surround your self people who have been there. Look for some having expertise in franchise/brand marketing/law. Make sure you ask for references and don't be shy to check the references. Another way that I used in my last venture was to build the advisory board. If you want to discuss in detail send me a private message.

**Raise Capital** · 09-21-2006 06:38 PM

I agree with you Ahmedmashhood. Having all the right people around you is great. A good example is that when you are thinking of selling, your network would strong enough, so that you can sell quickly.

**Jason G** · 09-21-2006 08:47 PM

I would like to know what type of businesses both of own?

**Home-Flip.com** · 09-21-2006 09:45 PM

Originally Posted by Giulio Taranto

I am most likley going to opening a second store soon, just wanted to hear prople's thoughts on using a business coach to point me in the right direction in setting up new systems within the business.

Have you lot ever used one? Are they worth it ?

What kind of store do have going now? Are you profiting from it? Do you feel that you need help in some areas of business. I have never had a business coach before but I think if you are having problems with any of the above, that you might want to look into it. Alot of times they can give you useful information to help guide you along.

~:Julie:~

**nado** · 09-21-2006 10:51 PM

Can any of the above posters explain what's the go with business coaches/mentors?

Do you pay them or is it done out of good will?

I figure the best place for a biz mentor would be to befriend a current or retired business owner in your same industry and just do each other favours. e.g. give him/her discounts or something

Get involved with your local chamber of commerce.

(all these things I need to do be doing, but haven't got around to sadly)

cheers
nathan

**ahmedmashhood** · 09-22-2006 07:16 AM

Originally Posted by nado

Can any of the above posters explain what's the go with business coaches/mentors?

Do you pay them or is it done out of good will?

I figure the best place for a biz mentor would be to befriend a current or retired business owner in your same industry and just do each other favours. e.g. give him/her discounts or something

Get involved with your local chamber of commerce.

(all these things I need to do be doing, but haven't got around to sadly)

cheers
nathan

Very good question.... there are profeesstional coach/mentors out there. Who charge per hour. And there are lots of people out there who are either retired, made their fortune or/and looking to help like minded people. If you approach the right person in right way almost everyone will come to help you out. you have to ask very key questions like... how can you help me, give me an example of how you have help your client in this and this situation. (some of them can't talk abt specific client becuase of confidentiality)... what is his/her expecation? what you should expect from him/her? what they know about your business... etc.. do little google search and you will find lots of articles...