Hiring The Right Mentor or Coach Can Affect Your Bottom Line Business Profits

June 5th, 2013 by Diane Conklin under Business coaching/mentors. No Comments.

To put it simply, no one likes having to write checks…to spend or invest money.  Writing checks means money is leaving your account, and no one likes money leaving their account.  However, it becomes a little easier when you know the money is being well invested and, two, that you’ll be making the money back quickly because of how you invested it.  This is about the investment you make by having mentors and coaches.

There are two big advantages to you learning from those who invest in coaches and mentors.   When you work with others who learn from masters, they pass the new learning they get from their mentors on to you so you get the added benefit of learning from two mentors rather than just one.

Being involved in a true Mastermind group really makes a difference in your business.  There are times when looking at the issues from an inside-the-business perspective really doesn’t produce solutions.  Being part of a Mastermind group, though, allows you to share your issues with other business leaders and professionals who aren’t looking at those issues from inside your business.  Instead, they can offer advice from similar experiences within their own business.

These insights become the big wow, I didn’t see it that way insight that gets your business back on track.

You can have that same ah-ha moment in your own business by investing in learning the ins and outs of what works and what doesn’t work in others businesses.

This gives you access to the leader, the master, the guru, in person, one-on-one.  And when you gain access to the Mastermind, you get access to the pro whenever you need help, whenever you’re facing an issue and you can’t get out of the inside-the-business perspective to find the right course of action that puts things back in line for your business.

So when you painstakingly write that check out for your next endeavor, really consider the value behind it.  If you feel like you’re not getting back more for your investment than you paid, you’re probably not getting the right high-level coaching you really need for your business.

Getting and keeping your business on track is about finding and using the right tools, and it’s also about having the right coach or mentor working with you hand-in-hand.  Having the right mentor should be like having a business partner you don’t have to write a check to for their part of the profits.