Episode Summary
On this episode of The Australian Business Show, David Guest joins Nick Stehr to talk about the nature of business coaching industry, what to look for in a coach, how to build and grow a business, transitioning from self-employment to owning a business, starting a business with the end in mind, and the importance of setting goals.
In 2001, David founded Outcomes Business Group, with their vision of “Reinvigorating the Business Dream and Re-Lighting the Fire that Drives Business Growth.” He has gleaned his extensive business knowledge from reading thousands of books, studying and interviewing over 5000 successful business owners, and focusing on what really works, and has dedicated over 20,000 hours to helping other business owners in his coaching programs.
Timestamp Segments
· [01:29] What makes a business coach?
· [06:13] If you’re thinking of getting a coach…
· [08:08] When someone isn’t coachable.
· [12:31] Building and growing a business.
· [17:19] Self-employed vs business owner.
· [25:36] What will your business look like when it’s finished?
· [33:38] The importance of setting goals.
· [43:45] The three levels of goals.
Notable Quotes
· “It’s hard to sustain a business in that space if you can’t deliver.”
· “A business is an entity that generates a value that someone is willing to purchase.”
· “Your business is just an extension of you.”
· “I want to know your personal goals before I know your business goals.”
· “Your life, in relation to the existence of the planet, is about half a second long.”
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