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Nowadays,
more people are trying their hand on entrepreneurship, and a big percentage of
these novice entrepreneurs need the help of businesses coaches to be able to
develop the necessary skills to run a successful business on their own. Many
young people opt to set up small businesses instead of seeking employment with
established companies, and they need a guiding hand, at least during the first
phase of their ventures. Even those who join big companies still need to learn
key leadership skills so that they can climb up the career ladder. Young
entrepreneurs and aspiring business leaders often turn to business coaches to
get the necessary guidance, but with the current state of the business coaching
industry, many of them end up getting disappointed by the coaching that they
receive.
The
business coaching industry is unregulated, and that presents a big problem for
entrepreneurs who need professional coaching services. Anyone can decide to be
a business coach, even if they don’t have the academic credentials, business
acumen, or coaching expertise to justify their entry into the field. That is
not necessarily the government’s fault or anyone’s fault for that matter
because the practice of coaching doesn’t readily lend itself to regulation; if
someone is willing to dish out advice, and someone else is willing to pay for
it, it’s really difficult to come up with a set of rules that will govern how
those two parties will interact with each other, and it’s even more difficult
to enforce such rules. So, with no recourse, entrepreneurs end up spending
money on canned coaching programs from unqualified coaches who overpromise and under
deliver.
Like any
other consumers, entrepreneurs and young professionals who seek out the
services of business coaches need to be protected. But is… Read More
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