Why do 7 out 10 businesses fail within 10 years?
Posted on: 08 Feb 2018
Few would disagree that the majority of coaches tend to be optimists, and, while optimism can be advantageous, it also has its disadvantages, especially in business.
The reality is that most businesses (including coaching businesses) will fail, and, without recognizing this, coaches are ill prepared to survive, much less thrive, in business.
lists 10 reasons why 7 out of 10 businesses will fail within 10 years, almost all of which relate directly to effective business thinking, planning and action.
To support coaches in overcoming these typical stumbling blocks of failed businesses, ReciproCoach
has partnered with The Coaching Tools Company
to deliver a guided business peer coaching round that will ensure you optimize your coaching business
As a participant in this round, you will actively use these tools to optimize your own business, and to support another coach in doing the same. Plus, you can customize the tools with your own business branding to use with business coaching clients and boost your professional image as well as your business coaching outcomes.
- want/need to make their coaching business more effective;
- want/need to review the last business year and get a strategic start on the year of business; and,
- want/need ready-made, brand-able business coaching tools to use with business coaching clients.
For more information about the ReciproCoach Optimize Your Coaching Business
reciprocal peer coaching round and what it includes, click here
, or to register, follow this link:
Registration closes on Sunday, February 25.
Written by Kerryn Griffiths, PhD, PCC and Global ReciproCoach Coordinator