Why Even An Established CEO Should Have a Coach

It’s Lonely at the Top

As a CEO, there are very few places you can go to discuss the private endeavors of  your business. CEO’s have a need to process all of their own concerns, including things like: doubts about the market, personality clashes, profit and loss concerns, etc. Where is a safe place for them to take these concerns? A confidential thought partner, an outside set of ears, a brainstorming space- in other words- an executive coach.

Having a place to take your concerns, fears, and thoughts about the overall rollercoaster ride that is running a business is essential. Some of the difficult questions that come along with being the CEO of a company will be answered in the safe space established by your relationship with an executive coach. A confidential thought partner can listen to your concerns, solidify your problems, and even challenge you as a business owner. Being able to have conversations like this will help your business grow in success and leave you feeling refreshed.

Mastering Leadership

An executive coach provides business owners with assessments, using a specific 360 Leadership Tool to evaluate a business leader’s skills.

A coach is going to act as a mirror. As we have said before, perception is reality, and you as a business owner may have ideas about your own habits and thoughts towards your business, but your coach is the person who is going to work with you to see the unbiased truth about your personality and the way it comes across in the business world. Somewhere deep down, you may know you’re not being direct enough with your employees, but it is your coach’s job to assist you in identifying this and any other challenges that can be addressed to change your business outlook for the better.

Good Leaders Are Always Growing, Learning, and Developing

Your company is not going to expand if you are not willing to expand your ideas. As a CEO, it is important to be vulnerable, open, and interested in growth. As we touched upon, your company is a reflection of you, therefore, it’s growth is dependent on your growth.

The overall culture that you have created in your business should be one that is evolving. Setting an example for your employees to be constantly curious and transparent about certain aspects of the business is going to make you more successful. Your business today would not be the same if you created it fifty years ago, and it will not be the same in fifty years from now. Have an open mind and an understanding that your actions will ultimately reflect your company’s growth.

For more information about executive leadership or other coaching advice, browse our blog or contact us here.