Business Coaches / Mentors
Business Coaches / Mentors
Author
Discussion

Glassman

Original Poster:

25,090 posts

246 months

Saturday 2nd May 2009
quotequote all
Does anyone have, or is one?


Martial Arts Man

6,703 posts

217 months

Saturday 2nd May 2009
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I have used and been employed as a business consultant. Within a very specialist field, mind.

A good one is worth every single penny.


Why do you ask OP?

Glassman

Original Poster:

25,090 posts

246 months

Saturday 2nd May 2009
quotequote all
I've met a couple of people who are business consultants; I've often thought about the subject and quite like the idea.

Martial Arts Man

6,703 posts

217 months

Saturday 2nd May 2009
quotequote all
I have done consultancy on an ad hoc basis to clients in my sphere who were aware of my success and wanted the same.

The key, obviously, is having something worthwhile to offer and evidence of your expertise.

The hardest part, I should imagine, is actually finding clients and convincing them of your worth. I have never chosen to go down this route, but I can't see it as any different to any other type of business to business advertising.


What field do you have knowledge of?

Glassman

Original Poster:

25,090 posts

246 months

Saturday 2nd May 2009
quotequote all
Martial Arts Man said:
The hardest part, I should imagine, is actually finding clients and convincing them of your worth.
I meant, I've considered consulting one for me/my business.

DonnyMac

3,634 posts

234 months

Saturday 2nd May 2009
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Glassman said:
Martial Arts Man said:
The hardest part, I should imagine, is actually finding clients and convincing them of your worth.
I meant, I've considered consulting one for me/my business.
Hi Chap,

A client of mine runs a national network of business coaches; a close friend runs their marketing dept., he'll happily put you in touch with someone in your area I'm sure, so you can see if they're right for you; ask for -

Jim Herrington
Action Coach
01284 701 648

Tell him Donny sent you.

Dick Dastardly

8,326 posts

294 months

Saturday 2nd May 2009
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My advice is to pop to a couple of netwokring meetings (BNI, 4 Networking, etc.) as there are always business coaches at these things and you'll meet a selection. I use one every once in a while, mainly to help me figure out personal and business goals. She's been worth her fee a hundred times over.

I'd think twice about Action Coach though. IIRC it starts at £1K a month and for that you don't get much one on one time at all. The ACtion Coach I met had zero business experience and is a coach because his father stumped up the £100K franchise fee. Not exactly the type of person you want guiding you through a recession.

Martial Arts Man

6,703 posts

217 months

Saturday 2nd May 2009
quotequote all
Dick Dastardly said:
I'd think twice about Action Coach though. IIRC it starts at £1K a month and for that you don't get much one on one time at all. The ACtion Coach I met had zero business experience and is a coach because his father stumped up the £100K franchise fee. Not exactly the type of person you want guiding you through a recession.
There lies the inherent problem with business coaching; finding someone who really adds value (rather than taking some for themselves) to your business.

OP, what sector are you in?

DonnyMac

3,634 posts

234 months

Saturday 2nd May 2009
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Martial Arts Man said:
There lies the inherent problem with business coaching; finding someone who really adds value
Doesn't BusinessLink have a heavily subsidised business mentoring / plan / P&L service iirc.


Glassman

Original Poster:

25,090 posts

246 months

Saturday 2nd May 2009
quotequote all
Martial Arts Man said:
OP, what sector are you in?
Motor Trade > Automotive Glazing

V8mate

45,899 posts

220 months

Saturday 2nd May 2009
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Me smile

Carsie

944 posts

235 months

Saturday 2nd May 2009
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Interesting topic- the difference between a Consultant and a Coach is significant. A good Consultant should bring Experience, Objectivity and Time and these are the benchmarks for adding value to the business.You can still add value if you have no experience within the requested field but this tends to be the exception rather the the rule and a good Consultant will decline an assignment if they can't add the experience.

A Consultant is further different from a Coach because a Consultant delivers recommendation, hence good Consultants not only have qualifications within their field but also tend to have PI insurance. A Coach on the other hand may not have any qualifications other than a desire to "Coach" and operates by eliciting information from the recipient themselves to make a decision rather than deliver a recommendation.

Of course a Consultant will use eliciting questions and techniques and then validate the assumption/conclusion but the key difference is where the decison has come from.

I watch with interest the new Coaching models and they do have their place within the market but from what I have seen so far and I look to be corrected, I have not seen delivery,only heightened motivation - which in itself is good but may not be what a business is actually looking for by way of results.