Listening to my clients is one of the more critical skills I’ve learned. Often, the comments they make are profound.
A critical factor for success is someone’s ability to accept and embrace change. Understanding that change is something new, I help my clients through a discovery process. This discovery is universal and obvious but very distinct from straightforward or quick. That is especially true since most people I’m working with are mid-career or close to it, and change is hard. In addition, most people who become self-sufficient business owners choose something vastly different from what they were doing before. The Entrepreneur’s Source keeps careful records on this. Remarkably enough, over 95% of the clients we place choose something completely different or never knew existed.
There are a few takeaways from this.
To become successful business owners, people need to be willing to accept this change and understand that a coach can dramatically improve the probability of success.
Another critical factor is their openness to constructive criticism and education.
The system developed in the 1980s by Terry Powell is fundamentally coaching. That is similar to coaching someone who wants to play a particular sport. The player on the field needs a third-party, impartial individual to let them know what they’re doing right or wrong. Have you ever seen a successful professional sports player without a coach?
Over the years, The Entrepreneur’s Source has developed numerous tools to assist its process.
They are primarily organizational-based tools intended to lay the groundwork for success. People often say, “show me a list of 200 businesses, and I’ll pick one.” This “surf the web” approach is usually not a good idea and can lead to bad outcomes.
If you thought hope was not a strategy, luck is even worse
Buy a business only if you fully understand your goals, needs, and expectations. Like anything else you buy, it must return value based on your specific income, lifestyle wealth, and equity requirements. Anything else will likely be a mistake.
If you’d like to learn more about transitioning from an employee to a self-sufficient business owner, schedule some time by clicking here. Schedule a call or call me directly at 610-365-7942.
Neil Paur
Career Ownership Coach™
The Entrepreneur’s Source
Office: (610) 365-7942
Cell: (845) 825-9549
E-mail: npaur@esourcecoach.com
Websites: https://npaur.esourcecoach.com/
LinkedIn: https://www.linkedin.com/in/neil-paur-a828242
YouCanBookMe: https://neilpaur.youcanbook.me
Personal Change Management.
Helping people make the journey from being an employee to being self-employed.