Are Business Coaches Worth It? | By Scott Lippitt

As someone who runs a business coaching program, I often encounter entrepreneurs and business owners who wonder if hiring a business coach is worth the investment. The answer is not a simple yes or no; it depends on various factors including the specific needs of your business, your personal goals, and the expertise, tools, and resources of the coach. 

Business coaches are professionals who offer guidance, support, and strategies to help business owners achieve their goals. They can assist with a range of issues, including Strategic Planning, Goal Setting, Problem Solving, Accountability, and even Skill Development.

A business coach offers an objective viewpoint that can be quite helpful in pointing out opportunities and blind spots that you might overlook. They frequently have a great deal of business knowledge and can provide tried-and-true strategies and tactics that are customized to your particular circumstance. Having a coach on a regular basis keeps you accountable and focused on your goals and activities. A good business coach doesn’t allow you to stay stuck in the weeds or get too enamored with the next shiny object. Direct, transparent and personalized feedback and guidance from a business coach can be so much more beneficial than the general knowledge you might obtain from books or the internet. 

I myself have had the privilege of working with a wide range of business coaches, as well as my own clients, from budding entrepreneurs to seasoned business owners. Apart from working with small business owners, I am helping coaches improve their ability to create positive change for business owners, their families, and the communities they serve. I am committed to transforming the industry; where being a “business coach” carries real meaning and is more than a mere title. It means you are qualified and able to truly help business owners implement strategies that provide them with the time and financial freedom they dreamt of when they first started their businesses. It’s a testament to these business coaches’ commitment to excellence and their ability to help generate quantifiable results.

Scott Lippitt man and woman talking

Before deciding to hire a business coach, consider the following questions: 

  1. Do You Have Clear Goals? If you’re struggling to define or achieve your business goals, a coach can help clarify and streamline this process.
  2. Are You Facing Specific Challenges? If there are particular obstacles or areas of your business that need improvement, a coach can provide targeted strategies and solutions.
  3. Do You Need Accountability? If you find it difficult to stay on track with your plans and commitments, a coach can help keep you accountable.
  4. Are You Looking to Grow? Whether it’s scaling your business, expanding into new markets, or improving your leadership skills, a coach can guide you through the growth process.

To get the most out of a business coach, it’s crucial to find one that fits well with your needs and style. Here are some tips for selecting the right coach:

– Ensure the coach has relevant experience and qualifications.

– Make sure they can demonstrate a clear and strong ROI (Return on Investment) associated with working with them BEFORE you hire them.

– While it’s important to have a good rapport with your coach, as a strong working relationship can enhance the coaching experience, it is also important that your coach is able to tell you the truth in an honest, open, forthright, and transparent manner.

– Different coaches have different styles and methodologies. Make sure their approach aligns with your preferences and business needs.

If you are looking for a committed and dedicated coach who is capable of delivering real measurable results (not empty promises), then contact me. We can investigate whether it makes sense for us to work together or whether we should introduce you to one of our certified coaches. Our business coaches are part of one the fastest-growing Business Coaching companies that have advisors operating in the US, Canada, Australia, India, Europe and South America. As a result, they get access to our lead generation, client acquisition, and business advising systems that deliver consistent and predictable results for both our advisors and their clients.

In the end, if you’re serious about taking your business to the next level and are ready to invest in your personal and professional development, a business coach can indeed be worth it.

Scott Lippitt has over 25 years of experience in marketing and advertising for some of the biggest brands in the US, such as Progressive Insurance, Black & Decker, Hallmark, Hershey’s, Arby’s, Dunkin’ Donuts, and Old Spice.
Fifteen years ago, he and his wife Pam got tired of turning millionaires into billionaires (or at the bare minimum, multi-millionaires)… ‘they weren’t that grateful nor were they that generous!” So, they turned their attention from helping Wall Street to helping Main Street.

Now, Scott Lippitt works with small business owners to help them double and even triple their profit while spending little to no additional monies on marketing to do so. He also offers a program that provides advisors, consultants, and coaches with the tools, training, and support to generate a consistent flow of qualified leads and predictably convert those leads into high-paying clients ($440-$1,180 per hour!) To learn more or to contact Scott, go to www.businessgrowthology.com or email info@businessresultants.com.

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