Where do you turn when you have a question about your business?
The best business leaders aren’t those who always know the right solution for everything. They might sometimes need a business coach to help them. These business leaders are the ones who know when to seek advice and who often have a stable of trusted advisors they can turn to. Some of these relationships may be informal, but many business owners also seek out formal advisory relationships through local associations, independent consultants and business coaches.
So, who do business owners trust the most?
Nearly a third (31%) listed fellow business owners as their most trusted advisor. These relationships may range from informal relationships to professional associations and advisory boards.
Nearly one quarter (24%) chose business coaches as their current most trusted advisors. 80% of respondents reported having used some form of a coach in their career, and 41% had utilised one in the past six months.
*Statistics from the TAB Global Business Pulse Survey
Benefits of Hiring a Business Coach
- Developing your skills as a business owner
- Planning and Strategy
- Active, objective listening
- Imparting Business Knowledge
- Identifying Strengths and Weaknesses
Download the white paper to discover more about: hiring a business coach, the benefits of it and how TAB has changed the lives of business owners around the world.
What makes The Alternative Board (TAB) different to a business coach?
Not only does TAB provide coaching from experienced business professionals but we also provide business owners with peer advice from fellow business owners through monthly peer advisory boards. The result is a mix of accountability, actionable advice and professional business relationships that help each board member achieve their goals and grow their businesses. In fact, 85.5% of TAB members say that the boards provide real value to their business.Find out more about TAB Membership