As a leader, you might think you should have everything figured out already, but this simply isn’t true. While all of us have our own talents, leadership skills are often something we have to learn along the way.

Enter the business coach. A business coach oversees and guides a manager or founder in starting, growing or developing a business. Like a sports coach, a business coach’s job is to help you develop the skills and resources you need in order to be successful.

Whether you’re overwhelmed, in need of advice, or want to see better results — below, are 8 ways to identify when it’s time to start to seek out a business coach.

1. You Are Overwhelmed

The No. 1 sign that it’s time for a coach is when you hit that feeling of being overwhelmed. You are overwhelmed by feeling like there are too much to do and too few hours in the day. You are overwhelmed by not knowing how much profit you are making at the end of your month. And you are overwhelmed because you don’t feel like you have control of your business, your employees or your vendors.

2. You Need a Confidant to Talk About Your Business With

Standing centre stage holds an expectation for excellence. Whom can you trust to speak without feeling exposed, or impairing your credibility or reputation within the organization or its clients? How would it feel to have a safe sounding board for honest feedback on your ideas and a partner to support you in the process of design, implementation and evaluation? Time to hire a coach!

3. You Intellectually Know What to Do But Don’t Do It

You need a coach when you “know” what to do but don’t implement. Lack of change typically occurs because you need to experience some paradigm shifts that require someone with an outside perspective to challenge your assumptions and because you need someone to help you translate general principles into specific steps that you can take in your own life. Similar to accountability.

4. You Aren’t Getting the Results You Want

Sometimes we think we know the right path to take in our career growth or business growth, but we come to find it isn’t working. In order to get the results we want, we may need guidance from someone who can see things from a more objective view, not a subjective view. Turning to a business coach can increase ROI, and allow one to remove obstacles that are precluding results.

5. You Want to Save Time and Money

If you’re business or thinking about starting a business and thinking, “Wow, I could really use someone to help me figure out the best way to do this,” you should be considering getting a coach. Going the “lone wolf” route can cost much more in wasted time and money, and that can all be avoided by working with an excellent coach. I can relate to this wanting to stat and not knowing where to begin and wanting to do everything myself!

6. You Find Yourself Listening Only To Your Own Ideas

The No. 1 sign you need to hire a business coach is when you find yourself only listening to your own ideas. The higher up the ladder you are, the more people tend not to be honest and just comply. The same thing can happen to entrepreneurs because they have a tendency to work alone; they have the tendency to only hear their own ideas. We all need checks and balances. A coach can help you.

7. You’re Feeling Stuck and Frustrated by Others

A great time to work with an executive coach is when you find yourself repeatedly frustrated by others around you at work, or if you can see that you have some unhealthy workplace dynamics, but you’re not sure how to really shift them. The unbiased perspective of a coach can be just what that executive needs.

8. You Want Your Company to Grow

If you’re alive and breathing as an entrepreneur, you need a coach. Your companies only expand at the rate of your own growth. Find a coach you can rely on and get to work.

Summary

A business coach will challenge your thinking, goals and willingness to grow. As somebody who has “been there, done that,” a coach also acts as a role model because of the experience that he or she shares. Additionally, a coach has unique insight that broadens your business awareness.

The key metric for success from coaching isn’t so much the cool technical tools you learn — those will become obsolete in roughly 18 months. The value of coaching resides in the mental tools the coachee learns that help him or she navigate toward success both inside and outside of the business world.

Every athlete and every top performer uses a coach to bring out their best. Why don’t you?