The Myth of DIY Entrepreneurialism (and How a Business Coach Can Help)

Posted by Chuck Kocher
On August 16, 2018

Entrepreneurs are a bit of a different breed. They don’t follow the crowd. They’re not content with the status quo. They often don’t care about what others think of them or their ideas (even though they are passionate about their ideas). They are going to pursue goals whether or not anyone else joins them. All of those strong (and good) traits, however, can lead entrepreneurial types to think and act exclusively on their own and believe they’re going to be OK. That’s why I want to take a quick look at the myth of DIY entrepreneurialism and how a business coach can help.

Working Smarter Not Harder
In my career as an executive business coach, I’ve dealt with a lot of entrepreneurs. One thing I can tell you is that they are not afraid of hard work. If you’re reading this, I’m guessing you’re the same way. But just working harder isn’t always the key to success.  Great business leaders learn to work smarter. That’s why it’s so important that they hire the right people to help them. That allows the leader to devote himself/herself to focus on vision and strategy. That’s one of the things a great business coach focuses on.

A Broader Focus is Essential
I mentioned that entrepreneurs aren’t afraid to pursue their goals. But that grit, determination, and self-starting spirit can also keep a leader from seeing a broader perspective. Smart leaders choose to bounce their goals, visions and plans off of an independent third party. A great business coach can be indispensable in helping a business leader gain a new perspective.

Acquiring a Bigger Toolkit
You’ve heard the old saying that, “To a hammer, every problem is a nail.” Often leaders have some highly developed skills and tools. You may be great at engineering—but maybe not so great at managing people. You could be a big-picture visionary—but fall short at strategy and execution. The thing is that business today requires a much broader range of business tools. Just being good with a hammer won’t get you where you want to go. A great business coach has a wide range of tools for all kinds of needs.

One of the tools I rely on heavily is an assessment. Before I can map out a plan to help clients achieve their goals, I have to help that client understand exactly where he/she stands in key areas such as people skills, strategy, execution, cash management, and more. That’s why I’d strongly urge you to click on the orange “ASSESSMENT” button below. If you do, you’ll be led to a 5-minute assessment of you and your company that will help you know what you need to tackle in order to grow your business the way you want to.