Do I need a business coach?

There’s a quick answer to the question “do I need a business coach?”

NO

No-one needs a coach of any kind. 

A coach doesn’t actually do anything. 

So why are there so many coaches out there?

Well, the whole idea of coaching came from sport … in fact, it’s accepted that it’s impossible to be a successful sports person without a good coach. Because that coach makes sure you turn up, tells you what to do during training, watches how you prepare for things, makes sure you are making the best use of your time and encourages you to beat your personal bests. 

Business coaching is slightly different to sport coaching – but essentially a business coach does a similar thing. 

There are some differences. 

Coaching isn’t the same as training – training is where you follow a pre-defined programme of learning, that’s laid out in front of you. 

Coaching isn’t the same as mentoring – a mentor speaks and advises you from their experience. 

Coaching isn’t the same as consultancy – a consultant will work with you and advise you on a particular aspect of your business, and then will do at least part of the work needed to move you forwards. 

Coaching is about finding out what you want and helping you come to your own answers on how to get there. And, most importantly, holding you accountable to make sure you stick to those decisions. 

So a better question is “is it worth having a business coach?”

The simplest answer there is I have three. Sort of. 

The first is my Profit First coach. He leads me through the Profit First system, helping me pick out and adapt the parts that work well for me. So this is as much a training programme as it is a coaching programme. 

The second is my marketing coach. We discuss how I want things to be, what’s going well, what’s going badly, how it makes me feel. Then she comes up with a list of tasks, some of which are for me, some of which are for her. 

And third is my business coach. This is a pure coaching relationship. We talk about where I am now, where I want to be, what is stopping me from getting there and making sure that I approach my business in the right way to get me there. 

Personally, I love coaching. Unlike mentoring or training, it’s all about the client. I have to discover what they want, I have to help them discover their own answers and figure out what’s holding them back. And then I have to keep them accountable, so they actually make the changes that they have decided that they need. 

And because of this, I’ve designed my own coaching programme. 12 weeks to move your business towards financial security.

So if you know anyone who runs their own small business but feels that the road is too precarious, who feels that the business isn’t giving them the life they want, who is always short on time – ask them to give me a shout. There are probably some really simple things we can do that will make a huge difference. 

Arrange a call back

Surviving the rollercoaster

Feast and famine.

The phrase is thrown around often, but it’s only once you work for yourself that you truly appreciate what a rollercoaster it can be.

One minute, work is coming in faster than you can keep up with it. You’re working day in, day out, evenings, weekends and even through the night. Taking a day off seems impossible and the thought of a holiday is unimaginable.

Suddenly, things ease off.

You can breathe again. And you start thinking you might have finally got this business malarkey sussed after all…

Then you realise there’s barely anything in your pipeline, your biggest client has gone off the radar, and the project you had scheduled in next week has fallen through.

Sound familiar?

The good news is you’re not alone. And the even better news is that there are some things you can do to make the fluctuations less severe.

Understand the magic numbers

Most problems occur because business owners don’t understand their magic numbers.

How many clients do you need to win each month in order to cover your overheads and pay yourself the amount you want? What is your conversion rate and the average length of time from enquiry to invoice? How many enquiries need to be generated each month to hit your target?

If you know these figures, you can forecast for the months ahead, predict when a quiet period is coming up, and feel confident enough to turn away the projects you don’t want.

Pay yourself a set amount each month

When the work is flooding in, it’s tempting to spend a little more than we should. It’s great while it lasts, but when the work quietens down, it can leave us wondering if we’ll be able to cover the mortgage next month.

I’m a big fan of the ‘profit first’ way of working. Rather than paying yourself whatever is left at the end of the month, you take out the profit you want first and then invest what is left into your business.

Of course, if you want this to work, you need to have figured out your magic numbers.

Manage your marketing

When you’re busy, it’s easy to neglect your marketing. When you’re busy, you focus on the work you already have, not on winning more.

The problem is, once you’ve completed all your current projects, you’re left with nothing in your pipeline except tumbleweed.

So what happens now? Well, you go back to everything that worked last time of course.

You have a real push on marketing and advertising and networking. Your follow-ups are awesome, you spend hours putting together detailed proposals, and you take time to go and schmooze potential new clients.

All your hard work pays off at once, and you get an influx of work. Brilliant!

And now you’re back to being too busy to manage your enquiries properly, and you’re working on a load of projects you don’t really enjoy.

And so the cycle continues.

Up, down, up, down, round and round you go.

Take control of your pipeline; don’t let it control you.

To ensure consistent sales, you need consistent marketing.

Even when you are crazy busy, take time to nurture future clients. And when business is a little scarce, don’t fall into the trap of taking the projects nobody else wants.

It’s time to get off the rollercoaster

If you’re struggling to break the feast and famine cycle, I can help.

Every business needs a system.

A system for making sure you’ve got enough cash. A system for generating enough sales. A system for making sure you’ve got enough time to live your life. I work with you to create that system.

If you’d like to know more, let’s arrange a call, and I’ll explain exactly how I can help you build a business that works for you.

Photo by 2Photo Pots on Unsplash

How to escape the Survival Trap

Have you ever sat down and thought about your goals?

If you’ve got a business coach, then they’ve probably made you do this.

And if you haven’t got a business coach, it’s definitely worth getting one. It might sound like a weird thing to spend your money on, but running your own business can be lonely at times, it can also mean that often you’re just shouting into the void. A coach is there to listen to you and make sure you do the things you said you were going to do – which is incredibly valuable when you work for yourself.

So, back to goals.

Do you have any? Do you know what they are? Are they written down, where you can see them?

Because the goals give us a direction to move in. Even when there are obstacles in our way, we can align with the goals and choose the best path.

Imagine you’re a lawn-care specialist. Your goal is to franchise the business, so you get to work when you want to, whilst having a network of people all following your expert tuition and giving householders across the country amazing looking lawns.

But you’re not there yet. It’s still just you, driving from client to client in your little van.

One day, you notice a client has a load of leaves in their gutter. You’re a bit short on cash, so you ask if they want the gutters cleaning out (for a bit of extra money of course). Your reasoning is this – I buy myself a ladder, which costs a bit of money, but then I can offer this additional service to all my clients.

So you head off to the trade counter and buy a new ladder. You get up onto the roof and start clearing the gutters out. And while you’re up there, you notice a few loose roof tiles. An easy fix for someone with your skills. So again, you ask the client if they want it fixing, head back to the trade counter, buy the stuff you need and get them fixed.

Now you’ve got two additional services you can offer your clients.

Great eh?

Well, maybe not. You might have made a bit of extra money, but you’ve also spent a load extra – on additional tools. You’re going to need to sort out the Health and Safety for working at heights – and keep up with the certification. You’ve not spent as long on the lawn, so you’ll probably have to come back tomorrow and finish it off – so a one afternoon job has just spread out to two days.

And you’re now spreading yourself thin.

Has this extra helped you move towards your ultimate goal of a franchised lawn-care business?

Or is it just a distraction?

Even worse – is it now an excuse? I don’t have time to look into the franchising side of things because I’ve got so many gutters to clean?

It’s worth knowing what your ultimate goals are – and keeping them front of mind. So when you come to make the small decisions, you can just check them to make sure you’re still heading in the right direction.

Why your money is just like a tube of toothpaste

Every now and then, I hit the bathroom jackpot.

No, don’t worry – it’s safe to keep on reading.

Every now and then, I have a brand new tube of toothpaste. On the same day that my electric toothbrush is fully charged. And has a brand new head on it.

When those three things happen together, it’s like a toothpaste party.

But, have you noticed that when you’re starting a fresh tube, it’s not just a toothpaste party – it’s a free toothpaste party. You’re slapping that paste all over your brush … some slipped off and fell down the sink … no worries, I’ve got tons of the stuff, let’s just fire another colossal ball of it onto my brush. No pea-sized amounts for me my friend.

And then, a few weeks later, as the tube is almost exhausted, you pick up your toothbrush and eke out the final few scrapes of paste. You fold the tube back, rolling it in on itself. A pea-sized amount would be a luxury. I’m going to make do with a third of a pea. I can handle it.

And you know what?

Your teeth stay clean. A third of a pea is all it needs.

But when you’ve got a full tube of toothpaste in front of you, you don’t think like that. Because it feels like it will last forever. Even though you know it won’t.

This wasn’t my analogy – it was Mike Michalowicz’s. He uses it to describe how actually, when you’re spending money in your business, you can be mislead by your bank balances.

If you’ve got £10000 in your bank account, it’s going to look like that full tube of toothpaste.

You know you’ve got to keep some aside for your tax. You know you need to pay yourself at the end of the month.

But that little voice at the back of your mind is saying “no pea-sized amounts for me – I’ve got ten grand!”.

And you spend it.

And it’s gone.

And when it comes to paying yourself, once more, you have to make do with scraps.

If you put some money aside before you begin, you might only have £5000 in your bank. It still seems like a lot. You still feel like spending it.

But this time, you’re safe to do so.

Because the other £5000 is safely locked away in a different account. Ready for when you need it.

It’s just human nature.

Play to your strengths, don’t fight your instincts.

Take your Profit First and then you’re free to spend whatever you want.

If you’d like to download some free chapters from the book, just click here.

How Two Magic Numbers can give you a predictable and reliable business

Running a business is hard work isn’t it?

That’s the truth of it. 

Sleepless nights. 

Long hours. 

Financial stress. 

That’s how it goes for a good few years, while you get yourself established. 

And then, some magical lever gets pulled, and then you’ve made it. 

Out the other side. 

But how do you get to that magical point? What makes the magic happen?

There are actually two things that make it happen. 

Two Magic Numbers. 

These two numbers, once you know them, give you a level of certainty and confidence in your business. 

They mean you can plan ahead. 

They mean you can predict the future. 

They give you the space to concentrate on the things that matter. 

And they allow you to safely turn down the bad clients, the ones who always hammer you down on price, the ones who take up all of your time, the ones who are always complaining. 

The first Magic Number is your Conversion Rate. 

Suppose you go out and get 100 business cards from a load of networking events. You go through those business cards, calling each person up on the phone, and you end up with 30 people who are willing to have a meeting. You go to those 30 meetings and you end up with 15 people who would like you to give a presentation to the board. You give the presentations and you end up with 10 people who would like to buy your services. 

10 out of 100 leads turn into business. Your conversion rate is 10%

Your second Magic Number is your Sales Cycle Length.

Let’s say you spend all of January getting those 100 business cards. Throughout January, you’re on the phone to people, but some are busy, others are away – so your 30 meetings end up being booked across January and February. Your first new client from this round of networking signs at the beginning of February – barely four weeks after you started. But after meetings and presentations, delays and postponements, the tenth new client, signs up in April – almost 16 weeks after you got their card. 

On average, the 10 new clients you got signed up 8 weeks after you received their business card. Your Sales Cycle Length is 8 weeks

Now you know those Two Magic Numbers, you can start making predictions about the future. 

Suppose in April, you did another round of networking, but this time you only got 50 business cards. Based on your Two Magic Numbers, that suggests you’ll get 5 new clients at some time in June. 

The real power of this comes when you decide to use it to your advantage, however. Let’s say you want to raise an extra load of money to go on holiday. If you know your Two Magic Numbers, you can use them to calculate how many leads you need to generate – and when – so that you’ve got the new clients, and the money in your pocket, at just the right time. 

If you’d like to know more about how to calculate your Two Magic Numbers, check out my video and email sequence

The trouble with Post-it notes

I’m one of those people who loves stationery shops.

There’s not much better than a really heavy sketch pad and a 4B pencil.

Or a fountain pen, freshly filled with ink.

I love sketching in biro too – there’s nothing else like it.

Notepads, pens, card. It’s fantastic stuff.

It’s also really simple and understandable.

Physical.

No surprise that the most used internet application is email – because it mimics the way a paper letter works – and it’s still the best way to get in touch with someone today, despite the myriad of alternatives.

When getting your business organised, using something physical is often the very best first step.

Go to any office – how many people have their computer monitor covered in post it notes.

How many people have a whiteboard on the wall with the plan for the next few months – or their sales figures.

This is great.

It’s better to have a plan than have none.

Starting out you need to get organised as quickly and cheaply as possible.

But there comes a point when you need to move on.

While I love paper, I love fountain pens, I love notebooks, I also have a real fear around them.

What happens when I lose it?

So much important information. My to do lists, my detailed notes on how a particular project needs to work out. My diary for the next few weeks.

It would be so easy to leave it on a train. Or spill tea all over it. Or have it fall out of my bag.

And then I’d be screwed.

At one place I used to work, we had a giant whiteboard, listing out all the tasks we had for our variety of projects. Each one was placed exactly where it needed to be, so the right team knew what they had to do next. So we knew when it was due for completion. Our entire work schedule for the next few months.

At the time, we were working in a Portakabin, as we had outgrown our main office. The door for the cabin was annoying and hard to open. So you sort of had to kick it to get it open.

One day, someone came in, kicked it open, just as a gust of wind blew outside. The wind caught inside the cabin and blew half the post-its off the board and on to the floor.

In a fraction of a second, our plans for the next month were just ruined.

It was only a small issue. We guessed at where everything belonged and were back to normal in quarter of an hour.

But it’s a reminder that there comes a point where paper won’t do the job you need it to. Even worse if we were spread across multiple offices.

One advantage of “cloud” systems (which basically means that it’s someone else’s responsibility to look after it) is the data is backed up, it’s replicated and it’s accessible wherever you are.

Are you getting to the stage where it’s something you need to think about? If so, I’m happy to advise – click here to arrange a call-back at a time that suits you.

Photo by Daria Nepriakhina on Unsplash

Ever feel like you’re stuck in a loop?

When you started your business, did you have big dreams and ambitions? Or even moderate dreams and ambitions?

Maybe you just wanted the free time and ability to take time off and pick your kids up from school?

Or you fancied a big house in the country, and a slightly smaller town house that you could gift to your mum?

Whether you wanted your business to give you a lavish lifestyle or just give you a bit more of what you were lacking – it’s often easy to lose track of those dreams.

When I was looking back through my notes from three years ago, I was shocked to see that I’ve not really moved forwards in all that time. The goals I had set for myself were substantially the same as this years. The progress I had made was, in many cases, non-existent.

Are you stuck in a loop? I am (was?)

There’s a saying “if you do what you’ve always done, you’ll get what you’ve always got”.

If you want to move towards those dreams, you need to change how you do things. It’s not enough to write out a plan. You’ve got to decide to implement it. And make sure you actually do.

Too often, I’ve come up with the plan then got distracted when implementing it. And the reason for that is because of a number of issues I’ve got in my own brain.

I consistently underestimate how long a particular project will take. I always undercharge for the work I do. I’m always too nice when it comes to accepting change requests.

So I decided, earlier this year, that it was time to change.

I no longer take on those bespoke, open-ended projects. So there’s no estimating to be done; instead I have a series of defined, thought-out products that give you what you need but give me certainty in how long they will take to deliver.

I have a fixed price list. No more writing proposals and estimating how much it’s going to cost. Instead, I can say “here are the prices; I hope you’ll see they’re extremely good value for what you get”.

And I have a process for handling requests. When we’re at points X and Y in the process, that’s when we make those amendments. That way we stay on schedule, we all know where we stand but the end result still fits your needs precisely.

For me, the change I needed was all about money. Where do you need to make the change?

Find out how.

Sometimes, the smallest changes can make the biggest difference

How does your business look to you at the moment?

Are you struggling for time?

Have you had an evening off recently?

Have you had a weekend off recently?

When we started out, all the gurus and fancy pants consultants were swanning around, promising us that running our own business would be fun.

  • It would give us more money.
  • No more idiot bosses.
  • Take time out to spend with the kids.
  • Work in your underwear.
  • On the beach.

What happened to that lifestyle?

The problem is, many of us were never taught how to run a business.

I certainly wasn’t.

This means that the stuff that we already knew how to do, were within us. But the extra stuff that we needed to know … we didn’t even know we needed it.

Because that first year or two … it’s all about the stuff you know how to do. The things you did for your day job, you just find a few clients and do it for them.

But as time goes on, as your clients’ expectations change, as your expectations change, you need to change.

Learn new skills.

Approach things in a different way.

And when we’re in the thick of it, it feels like we can’t afford to do that.

Because there’s no money to spend on training. There’s no way we can hire someone to do the tedious admin stuff. We just don’t have the time to invest in what we know needs to be done.

It’s overwhelming.

There is a solution though.

Recently, I went to the physio. I have had problems in my calf muscles and shins for years. I thought it was finally time to do something about it.

She prescribed me a series of exercises.

Each exercise was tiny.

Calf raises. Heel drops. Lunges.

Do one – didn’t even notice.

Do ten – barely notice.

Do thirty – woah that really hurts.

Each set of exercises took about ten minutes.

And on day one, I could barely do fifteen of each.

By day seven, I could do twenty.

By day fourteen, I could do thirty.

Even though each individual exercise was tiny, even though the time I spent was short, just the simple repetition of really small steps was going a long long way to making a huge difference.

And it’s the same with your business.

The simple things can make a massive difference.

Baby steps.

Fix one problem at a time.

Find out how.

How to get fewer sales

Do you remember Duck Tales?


If you do, I bet you’ve got the theme tune in your brain right now. And it will stay there for a significant amount of time. Sorry.

But the most important thing about Duck Tales was Scrooge McDuck.

When he dived into that bath of gold coins.

Because that’s what life is like for you right now.

You’re giving it the full Scrooge McDuck, bathing in gold, because business is so amazing and you’ve got clients coming out of your ears.

It’s getting to the point that these pesky clients are impinging on your lifestyle. What you really need is to put a stop to your sales process.

Well, don’t worry … I know just how to do it.

(If you prefer, you can listen to this as a podcast – I talk a bit more about ways to do this and don’t talk quite as much about ducks – but you can’t have everything)


Let’s say you go to a networking event. Everyone stands up, does a quick piece to introduce themselves and you all pair off, for your one-to-ones.

Here’s what you do.

Listen intently.

Look them in the eye.

Mirror their body language.

Wait till they expose their weakness … something like “and that doesn’t work right”, or “we are looking for a better way”.

As soon as there’s a chink in their armour, as soon as they’ve revealed that they aren’t living that Scrooge McDuck lifestyle, you need to dive in (just imagine it’s a vault of pure gold).

Tell them how you can help.

Explain to them how great your service is.

Make sure that they are aware of every feature, every tiny option.

Pound them over the head with it.

Remember, they’ve said that they need help … who better than you to help them?

And then, as soon as you see them break, as soon as you notice that the life is creeping out of their eyes, hit them with “…so can I sign you up for the standard plan or the premium one?”

If you move really fast like this, you’re guaranteed to piss your prospect off. You might get some sales from it, but you’re more likely to get people waiting till you’re out of the room and badmouthing you to anyone who’ll listen.

And that’s what you want right?

Fewer sales

However, if you’re not Scrooge McDuck quite yet; if you’re feeling like you really can’t afford to piss people off and lose those potential sales … why not take my quick quiz and see if it’s really sales that you need help with? It might be that actually you could do with generating some more leads, streamlining your operations or just increasing your profitability.

Sometimes the smallest changes can make a massive difference – but only if you start from the right place.

Join our club

Not many people are brave enough to start their own business.

People like us, we took a risk.

We made a stand.

(by the way, if you’d like to subscribe to the podcast, click these links – Apple Podcasts/iTunes, Google Podcasts, Stitcher or Spotify)

We decided that we weren’t going to put up with working for an idiot or being told what to do.

We were sick of working incredibly hard, only for the rewards to go to some high-up who has no idea what we actually do each day.

We’ve chosen flexibility.

We’ve chosen responsibility.

We’ve chosen working from home, so we can look after the kids.

We’ve chosen doing things the right way.

We’ve chosen being fair with the money we earn.

But it’s difficult.

Most businesses fail within the first year.

If you’ve made it that far, congratulations. You’re doing an amazing job.

Even worse, almost all small businesses die within four years.

So if you’ve hit that milestone and made it to five years or beyond, you’re in an elite club.

The reason for this is simple.

The things that you have to do when you start a business are different (year one) to the things you have to do to keep that business running (up to year four), which in turn are different from the things you have to do make the business work without your constant attention (year five and beyond).

There are five areas where you need to make those changes – profits, operations, sales, marketing and time. Taken together, it’s a big set of changes, a lot of learning to do all at once. But break it down, attack one piece at a time, and it becomes manageable and a natural part of building a business that gives you the life you want.

If you’d like to know what could make a difference for you, check out my quick and simple quiz.

It’s designed to pinpoint the area of your business that you can make the most improvement on, for the least effort.

So you can actually get a bit of that flexibility, that extra cash, that free time and that freedom that we were all wanting when we started our businesses.

It only takes a couple of minutes to complete and could make a real difference to your business.

Photo by Miroslava on Unsplash