This is why I could never be an Internet guru.
How many coaches do you need to launch a business and get to 100k per year in revenue? None.
When is the right time to hire a coach to help take your business to the next level? This had been one of the biggest debates in the business industry. Some people argue to hire a coach as you start building your business to know the facts, while others believe in having a foundation before hiring a coach. In this episode, Callye Keen discussed why you don’t need to hire a coach to start a business. Tune in to learn more!
Delivering Value
[02:23]
Callye believes that people do not deliver value, and they can only give you a “potential value” because the person who receives it makes it valuable. You cannot deliver value in a piece of podcast content, live streams, or even one-on-one Zoom. Unless you act on that “potential value,” it will not become valuable.
[04:08]
Knowledge is not power but potential power. Few programs and coaches understand the requirement of building a foundation. Many people want to start a business thinking they should have a mindset mastery, but a positive mental attitude will not build a bridge. Unless you act, nothing will change.
Finding Value
[08:25]
Information is everywhere. Get the raw and how-to information because it is cheap. Find people who can hold you accountable to reach your goals. When you fail to make that information relevant, how it applies to your business, and fail to hold yourself accountable, you now have a better perspective on the value of coaching.
Why you don’t need a coach to start a business
[09:32]
Every state and county offers free programs and incubators with resources and mentors. There are local colleges, business centers, and grand programs. When you dig into them, you can find rich information that is either free or cheap. These programs are run by credible people and recognized by the business community. Learn by doing things.
[13:26]
Experience made Callye capable of holding up his end of the bargain—from the execution, actual listening, and executing the portion of that relationship. Getting involved in a relevant community allowed him to have relevant conversations with people and see what worked and didn’t.
Three Aspects to Build
[16:41]
Callye emphasized that there are three aspects you need to build and take a look into to build your foundation:
1. Skills. You don’t need to know everything, and you need to have the experience in applying knowledge to gain context. Experience applying your skills to overcome any obstacle, big or small, and finishing them makes it valuable.
[17:36]
2. Teamwork. Before deciding the need to scale and grow, you need to have the ability to execute as a team—understand the essence and importance of team dynamics. You can’t do everything by yourself, and a single person has ever built no billion-dollar company. Learning how to work with other people is the ultimate skill.
[18:57]
3. Network. Work on connecting with other winders. Help people find other people who have done what you’re trying to accomplish. They might not have used the exact strategy, but seeing how they tried, failed, and eventually pushed through and seeing their success validates whatever you are going through. It makes things become more real.
Having a foundation in these three aspects will let you understand why and when hiring a coach makes sense.
Conclusion
[22:58]
Don’t get sucked up into the knowledge world where everyone says you need a coach to get started. You can start today for free or cheap. Gain the experience and context you need, take the knowledge from someone who has done it, and apply it yourself to grow at hyp