Realtor's Opportunity - the Business Coaching Craze

Over the past few years, coaching has gradually risen to a billion dollar industry while out pacing the growth of the consulting business. How does coaching differ from consulting? Coaches work on bringing out the best that's already inside you. In small business coaching, the focus is on the "bigger picture" of what it is you want to create for your business (and your lifestyle), and talk about what will keep you motivated to move forward on your dreams, goals and tasks.

A coach focuses on developing YOU to your highest potential, as well as developing your business. They encourage you, support you, applaud you, and empathize with you. They help you to discover honest insights into where things aren't working. They share their personal experiences helping achieve your goals overcoming any obstacles. Coaches show others how to do what they have already done and help motivate people to action. Good coaches give hope to others by example, sharing the steps they took to achievement. With people looking for quick solutions these days, a great coach is invaluable allowing people to learn from others mistakes. If you are a realtor - you have a great opportunity to leverage your skills to have another form of cash flow.

Good coaching systems also have good accountability systems in place. It is one thing to talk about how you can achieve what you are looking for, it is another for the person getting coached to take action. With no action there is no journey to achievement.

Coaches also help them prioritize projects and goals. They help you plan your work and work your plan---but they don't necessarily give the actual strategies to execute, steps to take, business or marketing plans to follow, nor do they give financial or legal advice.

So why is business coaching hot? Over 85% of small and medium-sized businesses fail in the first five years. There is a huge market to help these small businesses. Most people starting a new small business have one or more of the skills required, but typically not all of them. Coaches show you how to find those skills that you are missing. But it is not just the tools; it's the accountability that makes coaching work. Most business owners are not accountable to anybody. The current economy has people scrambling to find support, direction and additional income.

Why real estate agents? Agents are self motivated, run businesses (many from their home), know success principles and more importantly already know the skills needed to sell a product they believe in. Even more beneficial is that real estate agents and brokers already know how to serve others first with a product or service that is valued.

With home based businesses, personal franchises from the home, becoming one of the hottest growth industries, there are many individuals that need such a service. Although the coaching profession has experienced strong growth, coaches can run into the same problems that have crippled consulting businesses. Their clients spending is limited and the business owner is expecting a good return on investments. Business coaches have to prove their value to the small business owner.

A company we think is going to explode shortly is a women's coaching service. Throught their services a customer can get their basic service (web coaching) for free and it goes up from there. Self Directed coaching - $19 a month, Advanced Telephone coaching $39 a month, Master Program In Person Coaching - $59 a month. Very affordable for many.

From a business perspective as a realtor, times are getting tougher. You can also run this as a business yourself bringing in extra income or build a thriving organization which generates substantial income. There are many different ways to choose for additional revenue so there is a solution that works best for you. The company is first to market and there is no other home business or personal franchise that we know of in this space.

As a realtor, you are not alone in many of the challenges facing our economy. Business people all over the world are experiencing some of the very same challenges you face every day. You are more prepared then many because of your experiences, training and knowledge. We see great opportunities for realtors to help develop a support systems and solutions. You are not only business people but people who show leadership in your lives.