Choosing a career is one of those pivotal decisions that you want to look back on with pride and not regret. Once you’ve made the right decision, then you can invest heavily in turning it into the kind of success that you can be proud of.
Becoming an executive coach and mentor to business leaders, heads of department, and others who can benefit from it is a rewarding career. The reasons for this might not immediately be clear to you. So, we thought it would be a good idea if we fleshed out some of the reasons why this is so.
Here are 5 reasons that executive coaching and mentoring is a worthwhile career choice.
1. Mentoring is Your Calling
Working at a desk grinding your way through transactional paperwork isn’t matching up with what you had in mind. Being a cog in a wheel rather than running a business or helping other people to reach greater levels of success isn’t cutting it.
Mentoring might be something you’ve come to from working at different companies. When you’ve been called upon to help direct a promising employee, to give them the benefit of your experience, and then seen them blossom in confidence and subsequent achievement, it feels good.
2. So Many Businesses Fail Due to Fundamental Mistakes
Businesses are often launched by people who are doing it for the first time. If they were more of a technician getting things done or worked in one specific area before, then they didn’t see the whole (only a few of the parts). In which case, they’re lacking a big picture overview and how to handle it.
Companies often fail because for very few reasons. These aren’t unique or even uncommon. In reality, if new owners had the experience that is lacking or knew the pitfalls to best avoid, far more businesses would survive. And given that small business and new ventures are the backbone of any thriving economy, business coaches do a vital job.
You’re helping the CEO or senior executive to help steer the ship in the right direction and avoid the sandbanks along the way. This way, they don’t run aground without the capital or time to trade their way out of the business problem they find themselves in.
3. No More Counting the Hours Before You Can Go Home
When you’re in a job that you dislike, even if you won’t admit it to yourself, the hours tick by slowly. You may get caught by a colleague watching the clock. Between 3:30 PM and the end of the day, it just crawls along and you’re mostly unproductive during this time.
If that’s your situation then you’re not alone. It’s quite common. Research has shown that most people work in jobs that they’re dissatisfied with. Also, the office worker typically only gets around 3 to 3.5 hours of productive work done in a 7-8.5-hour workday. Where does all the time go? Usually into activities that waste time like completing small tasks, unnecessary meetings, email, and more.
Instead, wouldn’t it be great if you had a career that made you enthusiastic about the possibilities, where you wondered how you could affect positive change today and make one or more businesses better than they were the day before? Now that’s inspiring.
4. You’ll Know When You’re Doing Well (And When You’re Not)
There are plenty of signs about when you’re being effective as an executive coach or mentor, and when you’re falling flat. This is probably much better than in your current career.
Here are a few clues to whether you’re doing well:
- Regular meetings are being held, rather than skipped because the client didn’t make any progress since the last meet-up. Maybe they’re embarrassed to talk about it or don’t want to confront you that the advice was bad. Instead, they’re eager to meet and discuss it.
- Forward steps are being achieved regularly. Not only do these meet the objectives that were set out but often they go beyond what was hoped for.
- Ideas aren’t conforming to the norm. Out-of-the-box ideas lead to different suggestions for actions to take. As a result, it can often shake other workable ideas loose and lead to completely new developments rather than the feeling that they’re stuck in Groundhog Day.
- Communication flowing easily is a great confirmation. The opposite is a sign that they’re either not willing to open up or they no longer believe in the process.
Feeling like you’re making a difference in their business life is valuable. The feedback confirms it.
5. There’s a Defined Way to Get into Coaching
For people who wish to get into executive coaching, there are online courses that provide the training necessary. When you want to learn how to be a coach – if you don’t feel like you know already – then a course is required to get you there.
The ILM 5 coaching is a more advanced level of training that provides a fully rounded lesson-based approach for coaching students. The online ILM 5 coaching course from the BCF Group is well structured, detailed, and comprehensive to give all graduating students the confidence to develop an impressive career as an executive coach. With an ILM coaching qualification earned online, a business coaching and mentoring career could be a real possibility.
Being a mentor and coach to businesses is an important role. It’s not one that gets talked about all too often. Perhaps that is because the idea is that if you’re in the CEO or senior leadership role, you should already know completely what you’re doing and make the right decisions every time. Of course, we all know but forget that people are fallible.
Also, there’s always a first time that someone moves into a managerial role or takes the lead in the business. In which case, some mentoring here and there to provide a backstop to ill-conceived ideas or as a sounding board to discuss and find better ones are valid approaches. To get into this career, becoming qualified through training allows you to become an excellent coach. This allows your ideas to reach their intended audience and be presented in a way that they’ll be well received.