What Is a Business Coach?
In sports, coaches lead their teams to victory. They combine their experience and knowledge of the game with their motivational skills to help individuals be better. This makes the whole team better. In business, coaches do the same. A business coach helps business owners, and the teams they lead, succeed.
TASKS OF A BUSINESS COACH
If you own a business, it’s good to have someone in your corner, especially when that coach is someone who has already overcome the challenges you’re facing right now. If you’re an aspiring entrepreneur, you’re expected to wear many hats throughout the day. You’ll wear each one a lot better with professional business advice.
From sales, marketing, and finance to human resources, technology, business systems, and planning—managing it all can be overwhelming. That’s when a business coach can help by providing prescriptive solutions to the problems you’re struggling with.
A business coach helps set goals and achieve them. They work with businesses to develop systems and strategies for success.
Types of Business Coaching
There are two types of business coaching available to business owners and entrepreneurs: One-on-one and group coaching. Which one you need depends on your goals.
One-on-one coaching is just that. It’s an individual mentoring situation where you meet and consult with your coach either in person on online. Group coaching is when the consultant meets and interacts with the entire team.
Regardless of the type of coaching you engage in, the goals are similar: to chart a path for success and to help you get there.
What Business Coaches Do
Your business coach is your partner. They succeed when you do. How do they help your business grow and thrive? Here are three things you’ll work on with your coach:
1. Chart Your Path To Success
A business coach asks questions to gauge where you are right now with your business. Using your answers, the coach creates prescriptive solutions to solve existing problems. The coach identifies gaps in your business plan that are preventing you from moving forward. This unobjective, outside perspective helps businesses recognize weak areas and provides solutions for strengthening them.
2. Help you clarify your Core Values, Mission and Vision
One early stumbling block for new business owners is defining what they want to be as a business. That means writing out their core values, mission, and vision statements. A business coach helps with that process. Once these things are defined, the path forward becomes more clear. Success becomes obtainable.
3. Provide accountability
Accountability is an important element of success. With clearly defined goals in place, business coaches help leaders set benchmarks and surpass them. When clients are accountable to their coaches, they are inspired to overcome obstacles and meet goals
Business Health Matters
Our team of experts helps CEO, entrepreneurs, and team leaders excel in their fields. We work with clients to create prescriptive solutions for what is ailing their business. We’re a trusted partner that helps our clients succeed through better business health.
We are readily available for you
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THE RETURN ON INVESTMENT (ROI) OF EXECUTIVE COACHING
Various studies have shown investing in executive coaching is worth it and does pay off in positive gains.
• A 529% ROI * was reported and numerous intangible benefits to the business after studying executive coaching in a Fortune 500 firm.
• Companies receive an average return of $7.90 for every $1 devoted to executive coaching *
• Executive coaching provides an average ROI of nearly 6 times ** the coaching cost
• Coaching combined with training boosts productivity by an average of 86% compared to 22% with training alone (Personnel Management Association report).
• A study on executive coaching’s effect revealed an average ROI of 5.7 times ** the initial investment or a return of over $100,000.
** Manchester Inc.
Alan and his company provided my organization with high quality services and results, while dealing with some of the most sensitive facilities and customers possible. Alan was able to work direct with me to provide quick easy solutions, while always considering the customer’s needs (time, cost, environmental responsibility, and internal politics). I would HIGHLY recommend Alan and his expertise and professionalism on any project, as well as any future business opportunities.Damon GonzalesLinkedIn,
As an executive coach Alan combines his 30+ years of experience as a successful entrepreneur with a passion to help his clients improve their business' health. His insights into growing a business and developing a successful exit strategy are clear, practical, and client focused. Alan delivers results every time.Malina Poshtova DelamereLinkedIn,
"From rubbing shoulders with astronauts to achieving basketball glory, Alan's journey in the business world is truly remarkable. Starting off as a young entrepreneur selling TANG to none other than Neil Armstrong, he has woven his experiences and valuable lessons as a championship-winning basketball coach into his book, The Playbook for a Healthy Business. Read more...Morris Grand,
I learned a lot working with Alan and at Pure Air. He is a strategic planner and thinker for a variety of concerns that clients brought to us. His leadership and innovation led to the design of industry leading systems that competitors are still catching up to, and he is excellent at giving solutions to complicated issues.Peter AustinLinkedIn,
Over the nearly 20 years I've known Alan, I've seen his business leadership and coaching bring dozens and dozens of people to the next-level in their careers. He is naturally driven to help people and genuinely wants the best for you. Alan is amazing at boiling complex business situations down into digestible and comprehendible options and cutting through the crap to get to meaningful outcomes. I'd recommend Alan and GBM to executives who are looking to overcome growth challenges, considering an exit, or in the process of building an A+ sales team. ThanksPeter KelschLinkedIn,
Alan Wozniak has been a pioneering business leader for over 30 years leading an incredibly successful environmental/HVAC company to INC 5000 level (4-years running). Alan, is now president of Business Health Matters - executive coaching who provides business owners with unique assessments of their overall business health (financial, operations, customer service, sales, marketing, logistics), to help maximize their equity position and help exceed their exit strategies. I would highly recommend Alan as he's at the top of the business coaching class.Ricardo MoncadaLinkedIn,
"We are honored to accept Alan Wozniak and Business Health Matters – Executive Coaching into the Newsweek Expert Forum. When experts gather in curated, private settings, they can share advice and build trusted relationships that further their mutual success. Alan brings important business coaching/consulting insights about the health of businesses along with providing prescriptive solutions to this community of organizations." Scott Gerber, founder of Newsweek Expert Forum:Scott Gerber,