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Questions & Answers

Posted by Dianna Bowes on 2015-05-18 21:06:00
Title: I need help taking my business to the next level
Category: Operations

I have developed a business primarily on my own, that supports the baby boomer women, through events, online memberships, products and have licensed the concept in Canada. I have done this on my own with some coaching on the licensing part. I would love help taking this business to the next level, but I am not sure who to talk to. Please help, I am tired of online seminars, and people who say they know what I need to do, yet have never had a successful business themselves. Thanks Dianna Bowes www.Fabulousat50

Answer:

Fix My Biz
2015-06-04 09:40:00

Congratulations on building your business! It sounds to us like you’re ready for some personalized help in your business. There are a number of ways to approach this:

  1. Hire a business coach. Read this to determine whether the timing is right for you. Look for a coach who fits your needs and has the experience and knowledge you are seeking. There are a lot of coaches out there, and hiring one is definitely not a one-size-fits-all scenario. If you do go this route, here are some ways to get the most from your investment.
  2. Find an industry-specific mentor. In our experience, almost anyone will give you a few minutes of their time (and often much longer) if you’re upfront about who you are and what you need from them. Many entrepreneurs find the process of finding mentors overwhelming. Here’s the key: you don’t need one mentor for every aspect of your business. You can reach out to different people for various issues, questions or concerns – depending on their experience and expertise. Being mindful of people’s time and showing appreciation are usually all it takes to get some good advice from people in the know.
  3. Put together an advisory board. If the timing is right for your business, think about putting together a team of smart people to help you get to the next level. Make sure you find people with varying and complimentary expertise and be sure not to stack the board with ‘cheerleaders’. You want smart people who will support you but also be willing to challenge your thinking. There are various ways to compensate advisors, but you may also be lucky enough to find some who will help you because they like you and your business venture.

Getting some smart, efficient help is key when you’re at a fork in the road. Good luck with your next steps!

Amy Ballon & Danielle Botterell
Spark Consulting