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Entrepreneurs Take Note: The Best Business Coach May Not Be a Coach At All

The Value of Business Coaching Who is your most trusted adviser when it comes to important issues affecting your business? In which areas would a business coach have the most impact for your business? Strategic Planning (31%) Fellow Business Owner 31 PR / Marketing/ Social Media (14%) f Business Coach 24 Family Member 18 When using a business coach in the past, how strong of an impact did that person have on your business (scale 1-10)? 8 Accountant Leadership (11%) 6 Employee Consultant Net 10 (10%) Succession Planning (9%) 3 Friend 2 Lawyer/Attorney Managing Change (8%) Other Net 7-9 (61%) 4 Profitability (8%) What is the greatest benefit of receiving business coaching? Productivity (7%) Net 4-6 (23%) Employee Relations (5%) Other (13%) Discuss Concerns (26%) Net 1-3 (6%) Other (7%) Growth and Profitability (30%) When would you be more likely to retain the services of a business coach? Accountability (31%) When the market When the market is STRONG (46%) is WEAK (54%) What is the most reliable method of finding the right business coach for you and your business? What attributes do you value most when selecting a business coach? Character and integrity (25%) Personal Referral (85%) Coaching style and philosophy (35%) Networking Event (6%), Trade Association (5%), LinkedIn (2%), Web Search (1%), Broker/Recruiter (1%) Areas of expertise (27%) Other (13%) What is the most reliable method of finding the right business coach for you and your business? Prior knowledge of service (18%) Speech at conference Reviews and Testimonials from those who Published have used the coaching services (53%) article (15%) (11%) Tip through social media (3%) 25 TAB Data Source: The Alternative Board, Small Business Pulse Only the top answers from each question are displayed View the entire report by visiting http://bit.ly/1ws3fpV Visit us online: www.TheAlternativeBoard.com THE ALTERNATIVE BOARD Shared Wisdom, Bottom Line Success YEARS

Entrepreneurs Take Note: The Best Business Coach May Not Be a Coach At All

shared by TheContentFactory on Nov 23
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A new survey from The Alternative Board revealed that entrepreneurs trust fellow business owners more than traditional business coaches.

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Business
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