A good business coach unlocks a business owner's potential. They ask challenging questions to help people make better decisions and improve their mindset.
Running coaching sessions is part art and part science. Coaching models provide structure, but everyone's needs are unique. A coach has to understand the person they're working with, challenge the person's thinking and get to the root of the problem.
Here, experienced coaches from Enterprise Nation's community share how they run coaching sessions. If you're a coach, this guide will help you develop or refine your approach. If you're a business owner, it explains how the process works and how to get the most value out of your coaching sessions.
A coach's role
Coaches help business owners improve their mindset and develop and implement strategy. It's a different relationship to mentors, who tend to share their own experiences, and consultants who work on a specific function of a business.
Engagements can be for a single or regular session, such as every week or month. Pricing varies depending on the coach's experience but it's common to pay around £100 per hour and £500 per day.
Preparing for the first coaching session
Understanding someone's business and objectives provides context for the first coaching session. As business coach Dr Carlton Brown, director of Aspire Consultancy, says:
"I'm keen to understand the business. That's key. Their core objectives. Not only what they want to achieve but their value proposition."