Are You Revealing Your Lack of Ethics and Ultimately Lack of Business Results as a Business Coach?
The mental energy and output from this masterminding process is incredible, but the email threads that are shared provided even greater opportunity for reflection and learning. One of the coaches revealed a conversation that he had with another business coach who belonged to a local chapter of a national coaching association.
During their conversation, the other coach made the statement that "executive or business coaches who coach other business or executive coaches were preying on their own by taking advantage of all the problems currently existing within the business coaching industry."
Everyone within this mastermind group has head similar statements before, but my enlightened colleague took this opportunity to truly reveal the ethics of this coach. So he replied, "Gee, you make that sound like a piranha preying on their young." The other coach responded, "Well isn't it?"
My colleague continued with "I guess that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"
The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this moment, my coaching friend then asked the other coach, "Does that mean that you are implying that I don't help mine?" Her response was, "Of course not. Who are your clients?"
Before my friend answered this question, he responded with a question, "You said that you help your clients. Tell me, what kind of measurable differences do you provide to your clients." Again, she heed and hawed a bit, and answered, "Well…….ummm……most of them get better." He quickly followed with "How much better?"
The coach responded with "I have so many different clients that I really have no idea."
Then my friend quietly concluded with "Well, let's see I prey on a few small business clients who typically double their business in 3-4 weeks…..but of course I also have a few of my young that I prey on…coaches I mean. Would you say that preying on someone might have a different perspective depending on whether you are helping them to secure measurable results or not?"
The other coach was stunned and walked away because she had no answer.
Given that research revealed less than 5% of all coaches make over $100,000 a year, my colleague's niche market of helping other coaches is valid. What also makes this coach different as well as the other 6 coaches in this mastermind group is that everyone can share actual measurable results. For their ethics and values are all about delivering a positive return on investment for their coaching services. Without such core values, why would anyone hire any of us?
The simple reason is that most coaches fail to earn more than $100,000, fail to have more than 20 clients during the course of their practice is because they cannot consistently deliver measurable results. This failure is truly one of ethics and core values. So the final question is: Are your ethics as a business coach centered around just helping people or securing measurable and sustainable results?
Related Tags: business coach, ethics, core values, executive coach, business results, mastermind.masterminding
Leanne Hoagland-Smith, M.S. is a business coach and executive coach with offices in Indianapolis and near Chicago. She writes, speaks and coaches people in businesses to quickly double or triple results through the creation of an executable strategic plan along with the necessary leadership skills "to pull it off."
One quick question,if you could secure one new client or breakthrough that one roadbloack holding you back from success, what would that mean to you? Then, take a risk and give me, Leanne, a call at 219.759.5601 to experience incredible results.
Visit http://www.processspecialist.com and explore everything from free articles to connecting with Leanne.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- Know The Basics Of International Business Gift Giving
Businessmen would agree that in the business world, giving gifts once in a while can never be avoide - Investigation Interview Technique: Surveys
Surveys are a great way to gather information during investigation witness interviews. Surveys save - Mitigating Fraud Through Company Hiring Practices
A quarter of the fraud cases included in the Association of Certified Fraud Examiners 2008 Report to - Preventing Sexual Harassment In The Workplace
Organizations are responsible for creating a safe work environment, free from sexual harassment. Sex - Cost Effective Internal Investigation Tools
Businesses cannot afford the costs associated with workplace theft, lawsuits and unproductive proces - Rent To Own Statutes Affecting Your Business
Although the judiciary, symbolized by a blindfolded woman holding a balance, is supposed to be impar - How To Balance Friends And Work
Friends and work can both be personally fulfilling. However the social networks and acquaintances th - The Pros And Cons Of Corruption
Corruption runs against the grain of meritocratic capitalism. It skews the level playing-field; it i - Ethical Lockpicking
Robert Campbell, a locksmith who owns Advantage Locksmith in New York City, answers some ethical que - Trend Watch: The Real Deal
DefinitionTransparency walks the divide between honesty and an unapologetic attitude in the search f
Most viewed articles in this category:
- Difference Between Online And Offline Stock Trading
The introduction of the Internet has surprisingly changed our way of life as a society. It has defin - Does Personality Matter When Running a Business?
In order to run a business you need to have the ability to handle one. You must have certain qualiti - Business Law - Ethic of the Business
Business Law Before you start a business, legally, you need to obtain any business licenses or perm - CEO Compensation And Pay - Are Millions Of Dollars Justifiable
Many workers and consumers distrust CEOs (in part due to recent scandals like at Enron) and believe - Credibility - Without It You're NOWHERE
Internet marketers, when making a list of the things they think they need in order to successfully r - Jest Practices: Best Practices for Humor in the Workplace
Most agree that humor in the workplace can have beneficial effects. Yet not all humor is good humor. - Ethics And Business-What About Civic Responsibility?
The question whether business and ethics are mutually inclusive remains to be one of the most contro - Balancing the Needs of Customers and Shareholders in a Public Corporation
Many people say; It is All About Money when it comes to big corporations. Well yes, that is their jo - The Dilemma of Nanotechnology - Science vs. Ethics
What is Nanotechnology and why should I care about it?Nanotechnology, referred to commonly as molecu - What Are You Selling?
This has been on my mind for sometime. You see, we all have dreams, we all need money, but how are w