What’s your return on coaching?

You’ve heard of ROI (Return on Investment) – the value you receive in return for the risk/cost of the initial investment.

Often those who run a business and feel they could benefit from coaching want to justify their coaching investment in a dollar amount, which is fine.  I can understand that and quite frankly would initially do the same thing.  However, after crunching some numbers I would dive deeper into the ROO (Return on Objectives).

In other words, I would look at what my return on hiring a coach would be, but not necessarily in terms of money or not only in terms of money.  Essentially, what is the value of hiring a coach?

• Do I need someone to help hold me accountable to get things done because I’m distracted and need more focus?
• Do I need support and/or encouragement because I have ideas, thoughts and goals in my heart that I want to accomplish but am scared because they don’t seem to be what I “should” do?
• Do I procrastinate making decisions that affect my business and wonder why I can’t get where I want to go?

You may hear yourself asking the questions above, and those are definite reasons to hire a coach, but it’s important for you to think about the worth of accomplishing those objectives.  Likely, the return on accomplishing specific objectives is of far greater value than the price of a coach.

Posted By:  Nick Venturella