fbpx

Edmonton Business Coach | Marketing Myths

Edmonton Business Coach | Marketing Myths

When you seek the help of an Edmonton business coach like inspired method you will get honest advice. The first thing you should know is that starting a business is not right for everyone. If you are not the type of person who shows up first at the office and leaves last at the end of the day then you might not be the type of person to own your own business. We do not sugarcoat it but rather give you honest statistics to show you how hard business really is.

Edmonton Business Coach

Being a specialist in your field does not mean that you will be a great business owner in that field. This in fact can hinder you because you might think you can do everything on your own and do not need the help of the right team. As an Edmonton business coach I will tell you that building the right team is one of the three keys to having a successful business. You cannot rely just on your own efforts to build a successful business.

You might think that your ideas are the hardest part of building your business. You might even think that this is the most important part. You are wrong to think so because it is actually the execution that is the hardest part of building a business. Your idea is just a small part of it and although it is important it is the execution of your idea that will lead you to success.

Read More…

Your business is not that different that it will automatically be successful. As an Edmonton business coach I want to share with you that it is not just the uniqueness of your business that leads to success. Your business is not that unique. There are probably many competitors right in your own neighbourhood. As your coach it is my job to help you find a way to differentiate yourself from those competitors.

If you start a business and you know that you want to grow it but do not have the capital to do so you would be remiss to think you can rely on a bank loan or venture capital. These things are not a certainty and they are not always available to everybody who is starting a business. In addition to this, loans do not make you work the business. You along with a business coach is what makes you work the business.

As a business owner you should know that making decisions are not done by consensus. You cannot make any progress without some conflict. Sometimes certain people will not fit in your business or even your lifestyle. Your family and friends might not even agree or relate to you anymore now that you are an entrepreneur. This is especially true when they are employees and you are a business owner. When looking for the right team of people one thing to always keep in mind is that people do not tell the truth on their resumes and they probably will not stay in your business forever. People come and go.

Edmonton Business Coach | Marketing Realities

When you come to inspired method as your Edmonton business coach we give you the truth about owning a business. The first thing we tell anyone who is inquiring is that starting a business is not right for everyone. You must be the type of person who is willing to put in way more hours than you would as an employee. Looking at your life as an employee, are you the type of person who shows up first and leaves last? If not I would examine again if starting a business is right for you. You are going to have to be willing to sacrifice your time until money can buy you time.

We are an Edmonton Business coach who will let you know that just because you are a specialist in your field it does not mean you are qualified to run a business in that field. This can actually hinder your business because you might rely more on yourself to grow your business than to find the right team to help grow your business. One person cannot do all it takes to build a successful business. One of the three areas that makes a successful business is having the right team in place.

Read more…

If you come to us for help with your business because you have a great idea we will not sugarcoat the fact that your idea alone is not going to be enough to make your business a success. As an Edmonton business coach we are obligated to share all the truths with potential clients whether they work with us or not. This is a core value of ours. You may think that your idea is the most important and the hardest part of creating your business but we are here to tell you that it is actually the execution of your idea that is the most important part. Your idea is just a small part of the big picture.

When people come to us to seek an Edmonton business coach we sit down with them and ask them all about their business. If they believe that their business is so different that it will automatically sell on its own, we are quick to tell them that it is not that unique. You will have to do much more than you think to market your idea and plan to the marketplace. Whatever your idea is it likely has direct competitors in the same market space.

If you start a business in hopes that you will be able to acquire a bank loan or some venture capital to get it off the ground then business coaches are quick to tell you that that is not something you should rely on. These things are not a certainty and in essence loans do not even make you work your business. You will have to rely on your own drive to start up your business until you can get the cash that you might need down the road.