Business Coaching or Business Mentoring Training, Which is Best for You?
Your business has incredible, untapped potential because virtually every business does. That’s been proven time and time again over the 20+ years in the industry, working with business owners.
The industry has changed since our entry into it back in 1997 and its still an evolving industry so its worth your while to be clear on what services any business coach provides and if its the right one for you.
These days there are many skills and level of expertise with business coaches and it depends on your needs as which business coach will be best to assist you.
Your decision, with which one you chose can make a big difference to your situation, or unfortunately little difference at all.
The “typical” business coach has some business ownership experience, but rarely over 10 years before becoming a business coach and that’s important to establish when speaking considering a business coach.
A business coach will work with a business owner for 4 to 8 hours per month, usually by phone or a Zoom video meeting.
Business coaches will tend to ask you lots of questions and from discussions identify the possible solutions that you need to work on for the next week, so they can talk to you the next week.
They rarely provide a great depth of experience as they are often more question inclined, not teaching/education inclined so results can be slow. That’s where an experienced business coach is different because they will share experience of what works, not ask you loads of questions that you have to answer to figure out the solutions.
This is where experience is invaluable to you and cannot be replaced. You can waste months or years trying things, or just apply what worked and has previously worked dozens of times before.
Business coaches can be a big help for new or inexperienced business owners who need to learn basics of business, sales and marketing.
What you don’t receive is ready to use systems, templates, measuring and analysis tools or management reports for all areas of your business. That means the time you need to put in yourself to create systems and tools for your business be well over 100 of your own valuable time.
You can typical spot a business mentor by their grey hair due to their decades of experience in business.
They have owned multiple businesses, and been in business for themselves for two to three decades.
Their understanding of financials and management reports that you and your business benefit from are typically very good to excellent.
Marketing know-how is often where they are weak with specific know-how details of execution, especially with digital marketing.
They are very systems focused, due to their common background of work in big businesses or corporations.
They understand the road ahead due to working with bigger, multi-million dollar revenue businesses.
With a strong understanding of facts and figures, along with financials they understand a lot about cash flow and profit margins.
Like a business coach, usually they don’t provide ready to use, ‘drop-in’ systems or ready to use spreadsheets or analysis tools as our mentoring provides.
The best aspect of a business mentor is, they’ve seen businesses like yours go through growth phases and can reassure you on what lies ahead and how to navigate the potential challenges.
The best of business mentoring with these points are all included in our one on one business mentoring service.
Business Transformation Mentoring
There’s a groundbreaking style of business mentoring service being leading the way in the business community, which is a combination of the best of one on one business mentoring and a business and this new service is one that literally transforms businesses and their owners’ lives very fast.
A business transformation mentor, from three decades of business owning and building experience address the specific business challenges that you and all businesses deal with and introduces solutions that are permanent for each challenge.
Unlike business coaching or one on one mentoring with this service you are given ready to use, ‘drop-in’ systems, business analysis tools, management reports or discussions about software you currently use with how to create your own management reports, essential to free up your time and cash flow in your business.
Do you have these challenges…
- Lack of time, to work on your business
- Regular cash flow fluctuations and/or shortages
- Staff related issues (can’t find good ones, motivating them without paying them more, working completely unsupervised)
- What strategies will work to ‘scale’ your business so it grows fast
- Lack of ‘business freedom’ – where you’re completely stress-free and can take a two month holiday any time
These challenges are all too common for all business owners to put up with and a business transformation mentor can help you to conquer all of these – permanently.
Instead of hourly based discussions, you save time with our training because of the dozens and dozens of ready-to-use systems and templates.
The Affordability of a Business Course with the Power of One on One Mentoring
In a small, intimate group where you all share and discussion the implemented solutions, you’ll proactively see the challenges in your business fade away. Not in years, but in a number of weeks – because our solutions work!
Our training has been empowering business owners to achieve true ‘business freedom’ – where working at all in the business is optional – for over two decades. See some results here in video interviews.
Best of all, the training focuses on increasing the Net Profit Margin, which is the best way by far to increase cash reserves in the bank.
Only with surplus cash can you afford to hire a general manager to take the management workload off your own shoulders, so you can take a well-earned break or concentrate on bigger, entrepreneurial ventures with days more free time.
If you like the sound of all this, get in contact to inquire about our Academy of Business Mastery, named by suggestion from a client who grew from a stagnant $1.5 Million to $36 Million in 4 years (operating in four countries).
Unlike business coaching and business mentoring, its not reactive to your situation, its proactive so time isn’t wasted with dozens of lengthy discussions about problems that are already deeply understood.
The Academy is collated from all the combined experience of solving virtually every challenge over 1,000 business owners have had over the past two decades.
The Academy is the best of one on one business coaching and mentoring, but the majority of what you need to learn and apply is delivered to a small group (commonly 3 business owners).
You get all the support you need one on one, as often as you like, however you’ll find the content so well refined you rarely need to ask for help, except for the multiple one on one sessions already built into the training.
The Academy of Business Mastery is so comprehensive, you’ll benefit from all the workbooks, templates and discussions for years!
Want a Real, Business Transformation?
It’s your choice to use a business coach, business mentor or transformation trainer. Forget the price of each, its not that relevant, only the value you receive is.
Our clients regularly make 6-figure Operating Profit increases, which is 10 times more important than 6-figure revenue increases.
The best thing for you to do today, so you invest this time is take us for a “Test drive” – with a ‘Breakthrough Meeting‘.
That’s where you’ll talk to Tim, the Founder of Profit Transformations, about your own business, goals, challenge and anything else you’d like to know.
In a 45 minute meeting, you can ask Tim absolutely anything and he won’t hold back on the answers.
Don’t be concerned either, the meeting is a genuine meeting, not a skip over any details “sales pitch” meeting.
You’ll be given genuine, strategic solutions to your business growth challenges, honestly, openly and with integrity.
That’s the only types of clients our training suits, so if that sounds like you too, make a positive decision today to start to transform your business too!