How To Choose The Right Coach

Here are two simple questions you should ask a coach to know if he/she is a real coach, instead of a consultant masquerading as a coach:

  1. Please describe coaching. – If the answer includes asking questions to uncover your own answers, not giving advice and directing the conversation, but listening deeply, then you most likely have a coach.
  2. Who is your coach? – Get their name and contact details and call them to confirm.

Naturally, the list of questions could be much longer but you’ll eliminate 80% or more of the would-be coaches with just these 2 questions.

This is just one simple example of the 80/20-rule, or Pareto Principle, in action. (Small amount of energy and time spent to get a large payoff.) I will keep coming back in future emails to examples of how to implement this rule in your business and personal life…it’s just so important.

If you’re not already, I suggest you become an avid student of the 80/20-principle.

Richard Koch’s book, “The 80/20 Principle,” will revolutionize the effective use of your time. Perry Marshall has also written a great book – “80/20 Sales and Marketing.” These are both great reads.

I think long and hard about whom I invest my time and money in. I don’t back people that don’t back themselves, and I won’t invest in people who won’t invest in themselves. This is both from a business and a philanthropic perspective.

I believe in continuously learning to hone my skills in finance and coaching and for that I seek the best teachers, mentors, and coaches. Investing in oneself is an investment in time and money and in my opinion requires the right mentorship, which has taken me a long time to acquire.

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Today, we’ve barely scratched the surface

Whatever stage you’re at in business, you need to be all over the numbers. In posts like this, we aim to offer bite-size food for thought – but in a few hundred words, we can only do so much.

If you’re ready to build your financial muscle, how about a FREE copy of James Vanreusel’s (highly-acclaimed) book for CEOs?

The #1 Key to Creating a Thriving Business takes you through the challenges of growing and scaling your company, from first to last. And you can request your copy here – no hidden fees, no strings.