How to Become a Business Coach

What Is Business Coaching?

By on March 1, 2020

So, you’re thinking of becoming a business coach. But just what is business coaching, and why should you consider it as a possible career path?

If you care about relationships, measurable results, and making a real impact on the world, it might be the right fit for you.

At its core, business coaching is empowering entrepreneurs with awareness, education, and accountability. This happens through powerful mentoring relationships between coaches and clients. Business coaches offer their clients the awareness of possibilities, education in business best practices, and accountability for execution. The result is the transformation of client companies into profitable, life-enriching investments.

Achieve Measurable Results

Many entrepreneurs struggle to create systems and processes that lead to stable, replicable results. Your task is to change all that. As a coach, you help clients build businesses that can thrive with or without them. Business coaching creates clarity and accountability. Unlike other forms of coaching, where results may be subjective, business coaching focuses on highly objective measurements. These are tracked through key performance indicators, financial statements, and the clear objectives set forth in strategic and tactical plans.

Bottom line?

You get paid when your clients do, making it the ultimate win-win relationship.

Make an Impact on the World

But perhaps most importantly, business coaching is about making a difference. Business coaches build up society, supporting real-world job creation and increased opportunity. Healthier companies equal greater employment and opportunity for all. A rising tide raises all ships — and business coaching is often an important piece of that puzzle.

Sound like a dream job? See if business coaching is right for you! Check out our FREE ebook, How to Become a Business Coach. It will introduce you to the business coaching industry and show you, step-by-step, exactly what to do to become a successful business coach who makes a lasting difference in the world.

Eric Dombach

About Eric Dombach

Eric Dombach is the Founder of Coaches’ Coach. In 2001, he founded a business coaching firm that, by 2005, was generating more than $1 million USD in revenue, 23% operating profit, and average annual growth rate of 140% per year. In 2005, he sold the firm to 4 of his employees for $1 million U.S. dollars, generating a return on capital of more than 800%. Since then he has trained more than 1,300 independent and franchise business coaches in the United States, Canada, Mexico, Europe, and Australasian markets.

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