Displaying items by tag: business coaching
Starting a business is no easy feat. And neither is successfully running one. Small businesses are especially susceptible to failure during economic downturns like the one we’re experiencing right now. And no matter what you did (or who you worked for) previously, entrepreneurship comes with its own set of unique challenges. If you want to achieve long-term success, working with a small business coach in Denver could be what you need.
The overwhelming majority of businesses in the United States—approximately 99.9%—are considered small businesses (with 500 employees or less). According to data from the U.S. Bureau of Labor Statistics, as many as 20% of those small businesses fail within the first two years, 45% within the first five, and 65% within the first ten. Clearly, running a business isn’t easy. Business coaching programs can help you avoid common mistakes and learn to set systems in place that lead to long-term, sustainable growth. Here are 10 reasons to consider participating in a business coaching program in Denver.
If you’ve ever considered working with a business coach, you’ve probably wondered about the return on investment. Is it worth it? Many business owners are skeptical about whether or not working with a business coach is all it’s cracked up to be. If you’re interested in Denver business coaching services, but you’re not sure if you should take the next step, then maybe some real-world evidence can aid your decision. Here are some helpful—and surprising—statistics about business coaching for your consideration.
Great leaders are invaluable to a company. With strong leadership, companies can cultivate a workplace culture that leads to long-term growth, increased employee satisfaction, and higher profit margins. But to be a great leader—or to promote people who are going to be great leaders—you need to be intentional about your efforts to effectively lead. Just like any other skill, leadership takes practice. If you’re ready to level up your leadership skills, consider hiring a Colorado business coach to take you and your managers from good to great.
So, you want to hire a CEO coach. That’s great! Running a business as a Chief Executive Officer is no easy feat. You have to make tough decisions every day—decisions that greatly impact the success of your company and the people employed by it. If you want to be a better leader and see real, measurable results, consider working with a CEO coach in Denver.
Making the decision to hire a business coach is not easy. As a business owner, your blood, sweat, and tears have been soaked into your organization. The idea of passing the torch to a third party individual for advice and guidance is a challenge. In order to get the most from a business coach, you have to ensure you find someone who is a good fit for your organization. As a leading business coach in Denver, we’ve got the guide to cutting through the noise and finding the ideal coach for your company. Here’s what you want to look for when hiring a business coach.
Whether you are running a start-up business or you are the CEO of a Fortune 500 company, there is one thing all business leaders have in common: there aren’t many (if any) other people in the organization who not only understand the position you’re in but can also offer strategic advice for growth and success. When seeking guidance, advice, or support, you often have to look outside of your own organization to find someone whose experience can add value to your own. This is one of the key reasons that Portocol hosts a monthly CEO Roundtable, bringing together business owners from across the Denver area to collaborate and strategize on protocols that can move their own organizations forward. Let’s talk about some of the benefits attending a CEO Roundtable can offer you and your organization.
When you are looking for ways to take your business to the next level, business coaching programs can be something that’s worth considering - when you choose them correctly. Unfortunately, a great many business coaching programs are not up to par with the needs of the organizations that come to them. In order to get the most out of your coaching endeavors, it is essential to establish measurable takeaways that you want from your business coach and seek out organizations whose KPIs align with your own. Here are some characteristics that you want to consider when selecting business coaching programs that will be worth your time and money.
Marketing is a HOT topic in today’s lack luster business environment. When I speak to business owners and decision makers about marketing their eyes tend to gloss over or turn upward. Dollar signs immediately come to mind with no tangible way to measure return on investment. Some think I am trying to sell them something when I am not. Others are very interested and are highly engaged in the subject. There are some serious challenges that business leaders need to overcome in the area of marketing. First, most marketers don’t know the difference between marketing and advertising. Marketing is about brand awareness where advertising is about making the phone ring.