Do you know the difference between a business mentor and a business coach?
It is easy to get them confused or to think they are the same thing as the differences can seem too subtle to distinguish by many.
A mentor is someone who has been successful in their own
business and can give you a blueprint of how they did it. They teach you what you need to know if you are just starting a business. A step one, step two approach. When starting a new business, a mentor is a great person to have in your corner. These people can help you build a business or get the one you have on solid ground.
Again, they give you a blueprint of what they have done to build their own successful business.
You pay for their advice, they give it and you can take it or leave it. The concept is that is you follow their blueprint you too will be successful in your business. It does work.
When you are ready to move your business to something that
is truly your own with your brand on it, a coach may be just what you need.
A coach can help you take your established business to a
different level, help you make the business your own; help you personalize your business so it is truly you. Coaches help
you in so many ways: emotionally, spiritually, and even with your processes. Coaches are focused on your performance in
business and understand the holistic approach brings more personalized results, which is generally what you are looking for when hiring a coach.
Many people start with a business mentor and move to a coach
when they feel their business is solid and want to move to the next level.
The important part is that partnering with someone is more
helpful than going it alone. Everyone can use guidance at one time or another in their business.
Most successful people will tell you that the years spent in
corporate America have not prepared them for their internet business.
There is no need for all of us to be pioneers when it comes
to having our own business. Learn from others.
Everyone that owns a small business struggles with time constraints. Here a few ways to help you business owner’s that are struggling with this issue.
- Improve customer satisfaction: If there is a problem, fix it quickly. Generally, the customer will know what will satisfy them. Do everything possible to accommodate that request and the customer will buy from you again. If you don’t, it may cost you more customers than one. If your customers are on-line, make sure you are timely in your response to issues. Your business depends on happy satisfied customers. They are crucial to your business.
- Reduce unproductive travel time: Having to be at the airport 75 minutes before your flight can be a good time to catch up on calls for the entrepreneur. You can also use the time for a 15 minute training session. Don’t lose valuable time because you are traveling.
- Make it easy to work together: Smooth collaboration between partners, suppliers, and customers is a definite way to boost efficiency and reduce costs. Ensure that calendars are linked to avoid miscommunications and scheduling disasters.
- Streamline communications: Delivering fast, knowledgeable service is the best way to keep customers satisfied. If you are a solopreneur, it is more important that communication technology work well for you. It saves you time. Autoresponders are a great way to save you time with follow-up. You might also want to put a Q&A section on the website to take care of routine issues.
- Develop a long-term technology plan: Find a way to replace technology that is obsolete. Don’t think that just because you don’t have the latest and greatest, things need replacing. If what you are using is working well, put your money where it will give you the most return. Technology is priceless but it can’t work 24/7 without a glitch sometime. Have a plan B for emergencies. If your website goes down and that is where people find you, it can potentially dig into your income for the day/week/month.