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business coaching Ireland

The Comeback of the Leadership Coach

Should you have a Leadership Coach?

It’s no surprise that leadership coaches are back in the business fray as a result of the high number of CEO failures in the last decade. But how exactly will leadership coaching improve your skills as a CEO and even make you a better person?

 

 Improved Focus and Outcomes

Charts and tables give limited ability to guage decisions as they only provide a snapshot of one facet of your business. Having access to a coach allows you to discuss ideas, the impact they will have on your business and come to sounder conclusions as a result. It also means you’re not being told what you want to hear all the time. An external, objective opinion can also give you the confidence to make the bold moves necessary for outstanding success

 

Keeping a level head

A common reason why CEOs fail is because their ego has blinded them making them predominantly ego driven. Research shows that in any new role you undertake, there is a 40% chance you will under perform, while a staggering 82% of CEOs and leaders fail because they are unable or unwilling to build a rapport with their peers and employees. Having a strong relationship with a leadership coach who will be candid and tell you what you need to know will undoubtedly improve your decision making and reduce potentially catastrophic mistakes.

 

Checking your blind spots

An often neglected area by CEOs is what aspect of leadership they need to better themselves in. Your business instincts may be legendary but perhaps you don’t have the skills (yet) to motivate your team to turn your instinctive magic into reality. The truth is, leaders are not ‘one size fits all’ entities. They come in all shapes and sizes and excel in certain areas whilst failing in others. Leadership coaching will have you view your abilities open-mindedly and highlight how you can improve the areas you weaker in and enhance your strengths. Ultimately, this will make you more effective in your role.

 

Landing the job

The candor and objectivity of a leadership / business coach will give you a compelling advantage when it comes to landing a new role or position. It’s unlikely that a company would be disappointed that their new executive has a foundation in leadership coaching and is well grounded – meaning they have eliminated the ‘I’ in teamwork.

 

We want to help lead your business either become a leader in its industry or maintain its current leadership. Call us now on 1890 511 400 to find out how our professional services can do just that!

 

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business mindset

The Millionaire Mindset

The Millionaire Mindset

Let’s face it – no one goes into business to lose money and the dream of becoming financially wealthy is one so many of us share. For most people though, the dream remains just that – a dream. Why is that, you ask? Simply put, it boils down to the mind and where the focus lies. A lot of people, whilst they are happy in their current situations, are comfortable. Comfort, however is the eternal burial ground for growth and progress. So how does one make the cross over from unhappy comfort to millionaire? It’s all in the mind….

 

  1. Focus on it then grab it!

The truth is, a large number of people are afraid to say what they want and then pursue it. When you want to accomplish something, thinking, ’I could never do that will keep you stuck. Think, ‘I COULD do that and I WILL do that!’ Millionaires play to win, not to avoid defeat. Does that give you licence to become selfish and obnoxious. Not at all. IT simply means becoming more self-assured and honest with yourself. The idea of walking all over people to get to the top is antiquated and unnecessary. If you get the right mindset, there really is a big pot of gold that you have a right to grab hold of. You deserve it!

 

  1. Spending v Investing

Millionaires tend to and need to be frugal people. After all, they understand the true value of the money they are investing. Being self-employed tends to go hand in hand with becoming a millionaire and at some point you may need to look at reducing your regular work hours or even quitting your regular job to make your money work for you. So instead of splurging on that new phone or wardrobe, you could use that money to invest in the stock market. By finding the right shares, that money could easily double itself in a year. And the stock market isn’t the only place to invest – there’s always property and of course, your own education.

 

  1. Goooooooooooooaaaaaaaaaal!

Getting rich quickly sounds attractive but a more sustainable way of getting rich is by becoming goal orientated. The truth is, only lottery winners become millionaires overnight. BY setting yourself feasible goals, you will get there eventually. An example of this would be that you’re making enough to pay the bills and avail of a few luxuries. Your first goal may be to have €10,000 saved in a year which is not easy but doable. You then need to work out the steps you need to take to achieve that goal. Those steps should primarily favour growth over cutbacks. You may have skills outside your workplace that you can monetise to boost your bank balance. Liquidating unnecessary items can be another way of earning capital to reach your goal. If these don’t raise enough capital to help you reach your goal, then it’s time for those spending cutbacks. Think making your lunch instead of buying it and cutting down on the luxury spends.

 

  1. Keep your head in the books

Invest in yourself – it is the best thing you can do. Leaving the educational system does not mean that your learning days have ceased. 100 books – that is how many books Warren Buffet estimates he read on investing before he turned 20 in comparison to zero…which is the number most people read after they leave school. The question is, who would you rather be? Learn as much as you can. Learn everything you can about how economics work, the stock markets and how they trend. If it’s a new skill, learn as much as you can about it. More often than not, you would be surprised at how often skills that seem useless can become extremely useful in the right situation.

 

  1. Bigger is better

Small goals are always a great starting point and are advisable but there is no doubt that you should have a big goal in mind. If it’s a business, start it and make it a success. Alternatively, your big goal may be to invest your way to millions and do little outside of research. And remember, not achieving your big goal is not a shameful thing. If you have a business and your goal for the year was to make 1 million Euro profit and you ‘only’ made a profit of €500,000, then you are till streets ahead of most people. Reach for the stars (excuse the song quote!) and if you happen to miss them, you’ll still be over the moon.

 

  1. Make friends with the attention

Self-promotion is a large part of becoming a success. And by self, we don’t necessarily mean you personally – it could be drawing attention to your brand. Wherever it is directed, it is true that attention attracts money. So never shy away from getting your name out there. Find your spotlight and be gutsy enough to step into it. Remember: you ultimately control your destiny. Fight hard enough for anything and you’ll get it.

 

We want to get you on the way to achieving your business goals. We are more than happy to take your company’s calls and free you up to focus on the bigger growth plan for your business.

For more information, call us on 1890 511 400 or send an email to

Finally, we would love to interact with you on our social media platforms so be sure to follow us on Facebook, Twitter, Instagram and Google+.

 

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