If you’re thinking about growing your business to its full potential, you might feel like the task is too daunting–especially if going from $0-$1,000 was relatively easy for you. Chances are, if you didn’t initially start your first business in the Cash Flow Cure program, you used your existing knowledge of your industry and winged it. And that worked for a while. But what happens when you’re ready to launch your business from $1,000 a month to $10,000 or even $100,000 a month?
Where do you even start?
Don’t Go Alone
Running a business is like running a marathon. You need to put in the effort, stay dedicated and maintain an unwavering commitment to your goal. But say you’re just a weekend runner who has taken this up as a hobby and now you want to level up. How do you go from 6 miles a week to 26.2?
Sure, you could go online and spend hours sorting through blogs, webinars, Facebook posts and Pinterest articles. These resources will give you advice on how to increase your mileage safely, albeit with many conflicting suggestions. You’ll have to rely on your own willpower and self-control to stick to a training plan, set aside time to run and eat properly.
But what if there was a way to see exponential results in half the time? The answer is simple: hire a coach.
If hiring a personal trainer to help you complete your goal of running a marathon seems obvious, why not apply that same type of professional expertise to skyrocket your profitability?
Sure, you might be able to do it yourself, and you may even be successful. But to reach your highest potential, to see real results in a reasonable period of time, you need outside support. Whether that support is guiding you through choosing a business system or simply encouraging you when you’re challenged, you need to have someone in your corner. You need to hire a business coach.
The worst mistake you can make is thinking you’ll “figure it out” on your own. That’s how you waste time, money and effort on ideas that don’t work. Save yourself the frustration and draw on the knowledge and expertise of a professional who will guide you in a profitable direction.
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Make Your Strengths And Weakness Work For You
When you take a hard look at your business, chances are you know what’s not working. What you may not know is how to change. The solution isn’t always obvious or within your experience. This is where an outside perspective is invaluable. A coach identifies products or services that aren’t working as well as they should. They help you find solutions for replacing or improving these underperforming aspects of your business.
Someone who isn’t emotionally attached to your business will see past your current situation to what your business is truly capable of. They’ll pinpoint with laser focus the areas of your business that need work. And that will improve your bottom line.
Are there areas where your business is outperforming your wildest expectations? Great! Your coach will help you design a plan to expand profitable areas as well so you can play to your strengths.
Harness Your Ideas To Establish Audacious Goals
Once you’ve started working with a coach to sort through the areas that are and aren’t working well, it’s time to think of your future. In Cash Flow Cure, you’ll design a rollout of various products and services over time so you scale up your business to your goal income. If you’ve already started your business and haven’t take the time to do this, figuring out how to grow can feel overwhelming.
Take the time to think about how you would like your business to operate in the future. If you could wave a magic wand and have your business working exactly the way you want it to, what would that look like? No idea is too ridiculous right now, just get your thoughts out on paper.
Then, bring your ideas to your business coach. Your coach is there to help you sort through all the ideas you’ve come up with. Using their expertise and guidance, you can determine which will work best for your business now and what to implement in the future.
Making A Good Match
If you truly want to move your business to the next level, whether it’s from $1,000 to $100,000, business coaching will help you reach your goals without all the painful trial and error of doing it yourself.
Coaches draw on past experiences to help you get clarity on how best to move forward. Opening up to someone, sharing your numbers and getting real about how your business is performing is scary. We know. But your coach isn’t there to judge you. Their desire is to help business owners just like you succeed and achieve their full potential.
That’s the power of coaching. To take you beyond what you thought was possible, in a shorter amount of time than you could have ever imagined. Because the skills and processes that got you here won’t get you to your next million.
Community Question: What’s holding you back from hiring a business coach? Share with us in the Business Owners Only Community!
image credit: Bigstock/Frith’s Photography
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Makaylah Rogers is the co-founder of MindShift.money. She is a Thought Leader for her generation, teaching people how to rewrite their “money rules.” With an extensive background in wealth building and personal development, Makaylah’s path has taken her into executive roles in various fields including launching startups, real estate sales and motivational keynote speaking.