So many painting business owners struggle (unnecessarily) because they try to grow their business by themselves through trial and error...
Those who become very successful rather then moderately successful or fail all together are those who (9 times out of 10) have someone coaching and advising them.
I just came across a great article (by Ray Dunaway) that illustrates this point...
A primary key to success in a start-up business is finding the right management coach/advisor.
As I struggled through my first business I began observing other businesses, generally small businesses or start up businesses, and I began to look for what makes one very successful, another moderately successful and another a failure.
I started noticing that in the most very successful businesses there was always a person in the background, usually an older person who had been in the same business or a very similar business.
These people kept a very low profile and very seldom said much in front of other people. I often wondered who these people were and when I asked they were introduced as a friend.
Then one day I was waiting to speak to a shirttail cousin who had built one of the top five painting companies in the United States in just a very few years, and I overheard his coach talking to him like a Dutch uncle. This person was my cousin's coach and mentor, and kept him on the right track for a long time.
I have had other opportunities to see the impact of a good coach/advisor through the time-sharing service bureau that was part of my first business. Since this was the first step in automation for many of our customers I had the opportunity to study a number of businesses firsthand while determining how they should reorganize to use computers.
I had ample opportunity to observe the correlation between listening to a coach or advisor and having a successful start up business. It soon became clear that those businesses that had a coach or an advisory board generally tended to be the most successful startup businesses.
Many of these businesses were started by people like my shirttail cousin, who had little or no formal education beyond high school, no special talents, and in fact were not the brightest bulbs on the block.
But they were smart enough to listen and take advice from people who have been down they road were traveling that they did not make many of the mistakes that were made by businesses who were only partially successful or failed.
Ray Dunaway
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Here is a link to the original article...
click here
This article also validates the reason why we are creating our NEW 'Subscribers Only' membership web site.
Be sure to follow this blog to stay up to date on the launch... We will be doing something VERY special for our charter members.
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