What Can a Family Business Coach Do for You?

What is a Family Business Coach?

Family businesses are unique. You work with the same people you eat with, sleep with, and relate to in your personal life. 

How do you conduct a professional relationship in one setting and a familial one in another? It can be a delicate balance. 

A family business coach understands the issues in this balance. They can help you, and your partners/family members, compartmentalize these roles while blending them.

Like any coach, their main role is to open your, and your partners’, eyes to the things you don’t see from the inside.

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How a Family Business Coach Can Help You

In your family and in your business, issues arise. 

It’s important to do your best to avoid having business issues affect your relationships with family members.

You also want to avoid having home life issues affect your business relationships to the detriment of business results.

Your family business coach must be your trusted confidant for both sides of this. They can help you see ways to keep these issues from spilling over to where they don’t belong.

What Does Family Business Coaching Do?

As with all coaches, a family business coach only does one thing. That is to help you see what you can’t see from the inside. You’re looking at the trees – the coach will look at the forest and help you see that view.

Good coaches simply ask questions, listen to the answers, and suggest better ways for you to view certain things. Their role ends there; they don’t do anything for you except that. Of course, you’re likely to be resistant to taking a different view than has been your habit.  They’ll likely work with you at some length to help you see how to resolve whatever issues are troubling you. They’ll help you and your partners see how you could deal with something differently to improve the results of your family relationships and your business relationships and performance.

Benefits of Hiring a Family Business Coach

It’s very difficult for most people to avoid some carryover when you live and work with the same people.

Since it may be very hard for you and your partners to see how to avoid that, coaching can be a great help in your family and your family business.

I wish you the greatest success in your family life and in your business. I recommend you consider hiring a coach to help you smooth the way for both roles.

How a Family Business Coach Can Help You

In your family and in your business, issues arise. 

It’s important to do your best to avoid having business issues affect your relationships with family members.

You also want to avoid having home life issues affect your business relationships to the detriment of business results.

Your family business coach must be your trusted confidant for both sides of this. They can help you see ways to keep these issues from spilling over to where they don’t belong.

What Does Family Business Coaching Do?

As with all coaches, a family business coach only does one thing. That is to help you see what you can’t see from the inside. You’re looking at the trees – the coach will look at the forest and help you see that view.

Good coaches simply ask questions, listen to the answers, and suggest better ways for you to view certain things. Their role ends there; they don’t do anything for you except that. Of course, you’re likely to be resistant to taking a different view than has been your habit.  They’ll likely work with you at some length to help you see how to resolve whatever issues are troubling you. They’ll help you and your partners see how you could deal with something differently to improve the results of your family relationships and your business relationships and performance.

Benefits of Hiring a Family Business Coach

It’s very difficult for most people to avoid some carryover when you live and work with the same people.

Since it may be very hard for you and your partners to see how to avoid that, coaching can be a great help in your family and your family business.

I wish you the greatest success in your family life and in your business. I recommend you consider hiring a coach to help you smooth the way for both roles.

Why Effective Leadership Starts With Good Communication

No man is an island! This is why good communication is vital in leadership.

Business is done through interaction between people. To interact with other people, you must communicate with them in one way or another. 

Read on to learn how good communication makes business happen.

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It would be hard to overstate the importance of effective communication in good leadership.

Why Is Good Communication Important in Leadership?

As a business leader, you communicate with many people. Depending on your exact role, you may interact with some of all of these, or others:

  • Customers.
  • Clients.
  • Team members.
  • Suppiers.
  • Upper management.
  • Service providers (internal or external),

To keep the business humming, the quality of your communication with these people is vital. You must receive and send information accurately. 

To do that you must listen intently. If a message you receive is unclear, request clarification. The messages you send should be unambiguous and easy to understand. 

During these interchanges, you should be building camaraderie with all of the people you interact with.

Your collaboration with all of these people is critical to the success of your business. Good communication is fundamental for your leadership to produce good results.

Facts About Communication for Leaders 

Effective communication is precise – unambiguous. The leader and every participant in the exchange must communicate accurately,

When you receive a message, look for ways you can interpret it. If it’s possible to interpret it in more than one way, discuss it with the sender so you are certain you both understand it the same way.

When you compose or speak a message, consider whether the receiver could interpret it in other ways than what you intend. If necessary, rephrase it to make the meaning impossible to misinterpret. When you speak a message face to face be sure the receiver receives the same message you intend to send.

The Importance of Leadership Communication

As a leader and a good communicator, most of your interaction is likely to be with your team members. All of what I’ve outlined applies here.

Good communication in your team leadership seeks to build camaraderie within your team. When you must criticize them, do it in a way that helps them improve. Strive to never make them feel unappreciated.

Tips to Improve Your Leadership Communication

With team members, good leadership communication should seek to build team spirit. You want to help each member feel like part of something grander than themselves. 

Listen with the intent to understand what you’re hearing, rather than to plan a reply.

Speak with the intent to help others understand clearly what you intend to communicate.

Strive to build team spirit and camaraderie with all your communication.

The Cost of Poor Leadership Communication

Considering what we’ve already discussed, the negative results of poor communication should be clear. As clear as are the positive results of good leadership communication.

The greatest cost of poor communication comes from its receiver understanding something different than the sender intended. This may come from inattentive listening or from ambiguous communication by the sender. Poor decision-making and misdirected efforts can result. Both are wastes of time and other resources. Left uncorrected, they can result in failure to meet deadlines and in poor quality production.

If a team member sends you a message that you misinterpret, that could lead you to make an incorrect decision.

If a team member misinterprets a message from you, they might spend hours or days working for a different result than you intended.

Allowing team members to function in isolation, or to feel like they’re functioning in isolation, results in poor teamwork. A good team produces results equal to much more than the sum of the individual members’ efforts if they worked alone. That multiplication can be lost if the team members are, or feel, isolated.

Keep everyone pulling in the same direction like a team of horses pulling a heavy wagon. When they work together, they can pull a tremendous load. If they work independently, they’re much less effective.

Note: Archived issues of The Unity Community are available here. Search that page for keywords representing your particular interest. Most articles offer suggestions for ways of improving business and personal relationships. Keep in mind that business is done by…people. Every business concern is essentially an inter-personal concern. 

A “Shot in the Arm” Every Day!

Eric Lofholm, my friend, mentor and sales coach, hosts a 15-minute motivational call every business day. (For a short time, he switched to doing the call weekly, and it seems nobody liked it.)  The call is at 7:45 AM Pacific time. Register for it here. You’ll find instructions on how to join the call on Facebook, Zoom, by phone, or on a recording. 

Let’s Talk!

Leadership is an important coaching topic, and vital to doing good business. Want to add your thoughts on leadership? Reply to this message or click here if you’d like to chat on the phone.

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What would make it even more valuable for you? 

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Your thoughts, suggestions and comments are always welcome. Reply to this message, or go here if you’d like to chat on the phone or Zoom. 

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Want to Do More Business?

Suppose you go to a networking event. You’re amazed to find all your ideal prospects waiting to talk with you.

Our Business Accelerator Platform gives you this kind of exposure to your market. These are the people you want to help!

We find your ideal client prospects and start conversations with them. Then we communicate your value. We get them to schedule appointments with you…all on autopilot. This can happen for you! Learn how here

When you join Smart Money Network’s Business Accelerator Platform, we:

  • Optimize your LinkedIn Profile Page so it better attracts people in your market.

(Hint: What painful issue do you resolve for your clients? If your LinkedIn profile describes how you make your clients’ lives better, it’s rare! Most describe the merchant’s qualifications and expertise. They say little about what he/she does to remove clients’ pain.)

  • LinkedIn has 740 million members. We find the few thousand who match your ideal client profile. You define your best prospect for us. Then we go find them. (Even if you can find these people by yourself, it will take hours away from your work with your current clients.)
  • Invite about 100 of these best prospects every week to connect with you on LinkedIn.
  • Send a welcome message to those who accept your invitation and connect.

(Typically 15% or more. Currently, over 25% of those I invite are connecting!)

  • Deliver something of value to them from you, and then do it again!
  • Begin a “drip campaign” of carefully timed messages, providing more value. These messages give…give… give…and then ask. No pitches!

All these messages come from you personally. We want and expect your input in developing them…unless you want us to just do it. You can follow the threads and adjust your messages as you see better ways to engage your prospects. We’re always ready to talk with you about improving your messaging.

See a “hot” prospect you want to engage with your unique message? Take over the exchange manually!

Click here to learn how you can put this program to work for YOU!

Would You Like to Publish a Newsletter Like This One?

Want new ways to engage your prospects and clients? Unity Copywriting writes the materials that help you stay top of their minds.  Let’s discuss how these materials can help you with your marketing!

What is Business Coaching? The Definitive Guide

How Will A Coach Help Your Business?

Coaching in sports is visible. You can see how a coach helps a golfer or a basketball team get to the top of their game. What is coaching in business? That seems a little different, doesn’t it?

Continue reading to learn how the coaching concept applies in business!

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What is Business Coaching?

A business coach, like a sports coach, is your trusted partner. A coach sees things you can’t see. When a golfer is consistently pulling the ball left of the target, he or she may not understand what they’re doing to make that happen. The coach can see the little change in grip or backswing that’s causing the ball to go left. The golfer can’t see it until the coach points it out.

If you’re continually losing sales at the 11th hour, or you have trouble communicating with a member of your team, you may not see what the issue is. Your coach, looking from the outside, can analyze what you’re doing and help you with a solution.

What Does a Business Coach Do?

What is business coaching?

Analyzing what you are doing is what business coaching is about. Except for that, a business coach doesn’t really do anything, 

The coach then helps you see how to do what you do more effectively. One of a coach’s key skills is to present this new idea to you in a way that is not threatening to you, The new idea may well challenge your usual way of being and you must be receptive to that.

We’re creatures of habit. We do things in patterns. Helping you break a pattern that’s not serving you well is what your coach is there to do.

The coach’s only “doing” is to help you do better.

Why Do You Need Business Coaching?

You need a business coach to help you see what you’re blind to.

How many times have you driven to your office, and can’t remember anything you saw along the way? Or been on a highway listening to an audiobook, or deep in thought about an issue in your life, and missed an exit you needed to take?

These are examples of things you can’t, or don’t, see, Your coach may not help you be more observant when you drive to work. Business coaching is what will help you break the pattern of how you conduct a sales conversation or communicate with that team member.

 

Types of Business Coaches

Business coaches usually have a specialty they are especially skilled and observant about. 

There are:

  • Sales coaches.
  • Team-building coaches.
  • Marketing coaches.
  • Communication coaches.
  • Social media coaches – sometimes specialized.in LinkedIn, Facebook or another platform.
  • Public speaking coaches.
  • Coaches for specific software applications, such as Zoom or Constant Contact.
  • Financial analysis coaches.
  • Etc., etc.

You get the idea. Business coaching is what you decide it should be! You can find a coach to help you with literally any specialized area of business.

Difference Between a Business Coach and a Consultant

Business coaching is what helps you do something, or do it better.

Business consulting is doing something for you. Perhaps the consultant leads your sales team. Or they manage a big construction project.

A coach works to help you or your business perform well. A consultant works in your business to perform a task.

Who needs a coach? Everyone needs a coach if they want to excel at what they do. 

Have you ever seen a champion in any sport without a coach? You never will!  They’ll likely have several coaches for different specific skills.

You’ll never see an industry-leading business or business leader without a coach, either! They also will likely have several coaches.