Episode 38: Using a Coach/Mentor, Is it actually worth it?🤔

Summary

In this conversation, Simon discusses the importance of fast-tracking your business and the benefits of using someone outside of your business to coach or mentor you. He shares his own experiences of struggling with cash flow and growing his business without proper systems in place. Simon emphasizes the need for a cash management system and the value of working with a coach who can help you understand and improve your numbers. He also highlights the importance of taking breaks and prioritizing personal time for mental health. Simon concludes by encouraging listeners to reach out for help and guidance in order to fast track their businesses.

Takeaways

Fast-tracking your business can be achieved by working with someone outside of your business who can provide guidance and mentorship.

Having a cash management system is crucial for understanding and improving your business's financial health.

Taking breaks and prioritizing personal time is important for mental health and preventing burnout.

Being selective in the work you take on and maintaining profitable margins is essential for long-term success.

Reach out for help and guidance from industry experts and coaches to accelerate your business growth.

Sound Bites

"Fast tracking your business and using somebody outside of your business to model or to help coach or mentor you is such an advantage."

"I was in a big hurry, I wanted to be the best, be the biggest, and I didn't have the systems in place and I didn't have the finance behind me to do that."

"If you're stuck at a ceiling and you can't work out where to go to the next part of your business, you may just want to free up some more time and have some more money."