BBC 005 : Failing Business - Know How it Feels to Own One

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In this episode of Better Business Coach Podcast, I help you understand what it feels like to own a failing business or a business you feel you can never leave.

Learn to see these business owners for who they truly are, as well as understand that you’re helping people that are proud and deserve your respect. After all, they have taken action and gone out and done what most leave in the world of tomorrow.

Episode outline:

Imagine what it feels like to:

1. Be a servant to your business 80 hours per week
2. Hate doing what you once loved enough to start a business in
3. Be wondering where your next dollar is coming from
4. Have so much to do that you really don’t think you can do anything well
5. Feel like you are the only one that can do things
   • Perhaps because your staff doesn’t give you the results you want and you don’t know what to do about it

6. Feeling like there is no escape
7. Feeling embarrassed about what you do
8. Feeling disapproval from your closest friends and family

What are the daily drivers of these business owners?

• Time – continuously fighting the clock
• Fear – worried about when the next complaint or debt collection service is going to call
• Bottom line – constant live or die cash flow and profit concerns

This is why you must ensure that for each session, you are 100% prepared to help as much as you can.

What does all this stress mean?

Their body is under constant stress. Stress causes your brain to move into fight or flight mode. In short, without intervention (HELP), there’s no coming back.

That’s why they need you.

Through coaching we can bring them back.

The difference business coaching makes.

1. Inspiring and motivating employees together while passing on skills
2. Help owners feel in control and finally get out of the day to day

What I have seen with my clients through coaching:

1. People building a business that they really enjoy and really do well
2. People turning a non-profitable business into a really profitable one
3. People recruiting and really developing their staff
4. Creation of order from chaos
5. Increased self-esteem as business confidence improves
6. Knowledge that they are really running a great business
7. A vision that customers, staff and they themselves believe in
8. A strong plan of steps to achieve their vision
9. Staff that hated their job now love what they do and perform well
   • Increased retention and a reduction in costs of replacement
10. People begin to embrace change

Don’t miss a thing:

As the podcast will have sessions both in video and audio, make sure you subscribe to both the audio and video versions of this podcast.

Here are the links:

Video podcast – Click here to subscribe

Audio podcast – Click here to subscribe

So please subscribe!

While you’re there, PLEASE PLEASE PLEASE – leave a review and the star rating you feel this is worthy of.

Thank you in advance.

To find out more about me or the show, feel free to check out:

My profile – https://matthewpollard.com/aboutmatthewpollard

The full show write-up – http://betterbusinesscoachpodcast.com

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