It's Time To Make Changes To Your Business Practices When...
1. Your business rules your life.
If your clients are calling, texting, or emailing at all hours of the day, expecting you to answer, your business is ruling your life. Boundaries are important to your well-being and clients should know upfront that you are not on call 24/7. You are a coach, not a first responder. Even first responders get time off! Set your boundaries (aka business hours) from the start or implement them now.
2. You feel burned out.
Business burn out comes when you are solely responsible for completing every task. Or when you don’t set boundaries. Or when work infringes on your family time. The ultimate result is you end up physically sick and/or you want to throw in the towel and quit. Your brain and body need down time to relax and regroup, which is why a good night’s sleep is so important to physical health. Constantly thinking about business without a break is a natural case for burn out. Outsource your admin tasks, social media, and/or marketing tasks. Leave work at the office, even if it’s your home office.
3. You don’t have any free time with family or friends.
Your friends and family will certainly complain if you fall off the face of the earth working your business but these complaints may one day turn to resentment. A spouse may resent being the sole caregiver while you work all hours of the day. Your kids may feel you love the business more than them. Your friends may get tired of issuing invitations if they think your business takes top priority. Without a strong support structure, your efforts to build a legacy may leave you alone in the world.
4. You spend more time on administrative tasks than with clients.
If your primary purpose of starting a coaching business is to help others, then why are you spending more time on administrative tasks than coaching clients? Yes, you need to market yourself to obtain new clients but implementing your marketing strategy can certainly be done while you are with your clients. Hiring a marketing strategist can help you stay focused on your clients instead of worrying so much about where to find your next client.
Change isn’t easy, especially when you’re talking about changing things about your established coaching business. But the right changes can breathe new life into your business.
Are You Ready for Change but Not Sure Where to Start?
My 30 Day Business Planning Boot camp is the answer you need. This is a 4-part, self-study course which helps you analyze what needs to be changed and how to implement those changes. Some changes are easy, others are more difficult, but they will all be worthwhile if they streamline your business so you can bring in more profits.