Hiring an executive coach at the right time is just as important as hiring the right person. If you, as the business owner, are not in a position to divert attention away from working in your business to work on it, a coach can do very little to help you achieve your business goals. As 2019 comes to an end and you’re looking at where you started, how far you’ve come, and where you’re going, you’ll want to consider the resources necessary to help you get to where you want to be in the next year. In many cases, a Denver executive coach can offer everything you need and more. Let’s discuss some of the signs that you’re ready to hire a coach in 2020.

If you are a business owner, you know better than most that being able to put a dollar amount on your assets can be extremely valuable. This becomes difficult when you are talking about assets that have intrinsic value or are in a state of fluxuation. Your business, for example, is one of those assets where the value can be challenging to pin down. At Portocol Business Strategies, we help business owners do everything from developing systems that support growth to setting and achieving goals to build measurable value. Recently, we've added to our services and we now offer a 360-degree review of your business that will not only give you insights into the total value of the organization but also help you develop an action plan that will help you achieve your Big Vision. Let's take a deeper dive into the business valuation tool we offer our clients.

When you start a business, the last thing you’re thinking about is when you’ll eventually make your exit. It is an important part of every business’ lifecycle, however, so you will want to start planning for your exit long before it is time to make your move. Creating a sound succession plan is the first step to ensuring a successful exit that recognizes the value of the business you’ve built. With the right support, you can develop a succession plan that ensures your business continues on the ideal path.

When it comes to ongoing training for your leadership team, you want to ensure you are applying your resources appropriately. It’s relatively easy to find reputable programming for your frontline managers, as well as opportunities for business owners that focus on professional development. Alternatively, senior management training is not often as easy to find. It is, however, essential to the long term success of your business not to skimp on this mid-level programming that focuses on the development of leadership capabilities as your team transitions for one type of leadership role to another.

Portocol Business Strategies, a leading executive coaching firm in Denver, has recently brought on a new partner, business expert, Dirk Dykson. Dirk is well-versed in business development and will be spearheading lead generation and new client acquisition responsibilities, as well as focusing on partner relations. The Portocol team is excited to see what this next chapter has in store for not only their own business but also other local industry leaders.

In today’s business culture, business experts seem to be popping out of the woodwork everywhere you turn. Whether you are listening to the latest podcast, subscribed to an email newsletter with tips and tricks, or spending hours on end reading books published by pros, it can feel like you’re spinning your wheels and not getting anything tangible that will take your business to the next level. There are certain signs that an executive coach or other resources are better quality than others, but you have to know what they are to weed out the weaker links. Let’s discuss some of the things you want to look for when you are investing your time and energy into an executive coach in Denver.