Category: Management

How Business Coaching Could Help Your Agency

Posted by: Agent Hub

> Linkedin

Reaching out to a business coach for your agency may feel unnecessary, especially if you’ve been in the insurance business for several years. You may, however, learn that hiring a coach can greatly boost your business’s success in ways you might not have discovered otherwise. Check out the following ways a business coach could help your insurance agency reach (or even surpass!) your goals this year.

Business Coaches Challenge You to Try New Things

Between an industry that has often been stuck in the past and having years of experience doing the same things over and over, it’s quite possible your agency could benefit from testing out a few new methods and ideas. A great advantage of business coaching is that they will be able to look at all the facets of your agency as it stands and make personalized suggestions on ways to make improvements. Don’t be afraid to think outside the box!

Business Coaches Make Great Sounding Boards

You may not think you need one, but having an external, unbiased sounding boardcan go a long way in helping your agency achieve its goals. There are times when tough decisions need to be made and even if you are sure of your approach, it can be extremely beneficial to have that extra ear to talk to about them.

Business Coaches are Excellent for New Agency Owners

Did you recently make the big jump from being an insurance agent or agency manager to an agency owner? Consider hiring a business coach. Not only are they great at helping you set goals and achieving them, but business coaches can do wonders for new agency owners since they provide guidance and assist with accountability.

Many coaches have already gone through many situations that may come up in your new role. It’s also proven that many people have a harder time breaking promises they make to other people, which makes your coach an accountability partner who can help make sure you are hitting each small effort to reach your larger goals.

What to Look for When Hiring a Business Coach

There are several key qualities and characteristics you should look for when hiring a business coach. The top priority, however, should be experience. The best coaches have usually both succeeded and failed during their time managing or owning companies of their own. Other top qualities to look for include a positive attitude, a willingness to share personal experience, accessibility, accountability and a large network of connections.