Of the hundreds of thousands of business ventures that entrepreneurs launch every year, many never get off the ground. Others struggle after spectacular start, it might be difficult to know where to turn for support if you are an entrepreneur attempting to develop, improve, overcome a difficulty, or grow your company. We have all heard that the most successful company owners do not do it alone, but who is the finest resource to assist you in achieving your objectives.

Many times, entrepreneurs get conflicting advice, which make them more confused things might seem like a huge task to figure it out what to do, when to do and how to do and some of them just forgo the idea of getting help altogether, sometimes even after seeking for assistance, you could have realized it is not making any significant difference or this is not what you want, you might feel hopeless, waste of money and lost, hence choosing the right expert at the right time is important.

The list of experts could be:

Strategist-Someone who is excellent in devising plans to achieve a goal, finds the best opportunity, create a plan to take advantage of it and plan/direct resources to make the biggest impact possible. Answering the question, “How will we compete in this changing market?” is part of business strategy. To put it another way, business strategists assist you in determining what best your company does, for whom, how, and why, as well as developing plans to make those things happen.

Consultant-Someone who will help clients reform their operations and support their business by providing guidance. Helps companies implement and educate their employees.

Coach-Someone who will aid and guide a business owner in operating the company by assisting them in clarifying their company’s vision and how it aligns, with their own ambitions. Business coaching is a method of getting a company from where it is today to where the owner wants it to go.

Differences between Business Strategists, Consultants & Coaches

	Strategists	Consultants	Coaches
When to approach?	Go to a strategist if you need to figure things out or make decisions on the big picture or something specific	Go to a consultant if you need knowledge or execution support on a particular topic	Go to a coach if you need to work on your mindset or behaviors to better reach your goals
What do they solve?	Unclear Vision, Strategy, Plan or next steps for big picture or something specific	Not knowing how to do something specific or lacking ability to complete it themselves	Navigating the daily challenges of running a business or being held back
When to engage?	When you are first starting anything or when you are figuring things out, During transitions or ambitions for expansion, When there is a difficulty, a challenge, or discontent, Identifying fresh possibilities at regular touchpoints, When you are unsure about what you require	You already have a solid strategy in place that directs you to where you should focus or develop, but you need domain knowledge or help to carry it out.	For constant guidance, self-improvement, or accountability To get rid of any mental blockages and bad habits that are holding you back
What is their method?	They will assist you in making sense of all your thoughts, ideas, possibilities, and difficulties. Finds patterns, generates ideas, evaluates, alternatives, and assists you in making important decisions based on what is best for your specific circumstance.	Provides advice, ideas, or training (which may or may not be tailored for you) about a certain issue about which they are well-versed. Existing knowledge in a certain domain to accomplish on your behalf	Educates you how to enhance your skills using tried-and-true techniques approach, actions, and decision management. Provides inspiration and attempts to make something responsibility for moving ahead
What will be the results?	Breakthroughs with actionable and practical customized strategies and plans to move your business forward with Clarity, Purpose and Direction	Increased understanding of how to do something or completion of that specific subject.	Improved approach of managing a routine in business

 

Whom to choose?

Choose a strategist if:

• You either want to start something new for your business or you want to quit doing too many things and instead focus
• You are attempting to make sense of all your thoughts, ideas, and prospects for your business.
• You’re not clear what your objective is, who you should target as clients, how to bundle and sell your services, and so on.
• You do not enjoy your business or things are not working and you are not sure, why or what to do about it.

Choose a consultant if:

• You know what you need to accomplish, such as increase your SEO (search engine optimization), but you need help figuring out how to achieve it.
• You’ve already worked out who, what, why, and how your company works and want someone to design a website to provide this information, for example.
• You need professional advice on how to do something specific, such as recruit your first employee, establish a business, or boost the diversity of your workforce.

Choose a coach if:

• You’re having trouble achieving your objectives.
• You have habits that prevent you from accomplishing your best job, such as procrastination.
• You want to be a better manager or entrepreneur You want someone to hold you accountable and discuss your problems with you on a regular basis.

What happens when you hire the wrong type of help in the wrong time?

You knew you needed support when you tried to develop and expand your business. Something is not working, but you could not pinpoint why. You are undecided about anything and wanted an expert’s opinion.

If you try a Business Coach first:
Everyone tells you that you need a Business Coach. That might be true, but it is not what you required now.

You had no idea what you truly want or how to go about achieving it. As a result, you were unsure of what questions to ask to receive the assistance you required from this Coach. You could tell he was not used to assisting individuals with such issues (since that is not what a coach does), and you frequently left your conversations feeling like you were merely ticking the box rather than truly making progress.

You will understand not to hire a Coach and expect them to tell you what to do or work hands-on with you to figure out all the strategic details of your business.

If you hire a business consultant when you are not ready for them:
They were executing the work, but it just never felt quite right and you could not figure out why, because your strategy was in flux, it became obvious that you were not always on the same page about how to address your problem without first knowing the context.

Do not hire a consultant to teach you how to do something or help you do it unless you are already 100% clear on what exactly your strategy is for that thing.

What order to hire Strategists, Consultants, and Coaches

Hire a Strategist to begin!
They’ll save you time, money, and sanity by assisting you in swiftly determining what to do with your company in the broad picture or for a single project you are working on. They will assist you in determining the vision and, in many cases, the specifics that will support that goal.

After you have figured out your strategic roadmap, you may employ specialized consultant to assist you put it into action. You may also decide to employ a coach in the future to assist you improve your company management skills and make more significant progress toward your
objectives.

At key times you may want to check in with your strategist such as when you,

• Hit roadblocks or get stuck
• Want to launch something new or are evaluating new opportunities
• Want to focus your efforts or change course
• Hit a life change that affects your business
• Want goal setting or strategic planning
• Do not know what you need
• Are thinking about hiring a new consultant and want to be sure you have the right information to pass off to them so they can effectively implement and execute for you

It is time to employ a Strategist if you have reached the point where you need someone to assist you figure out the difficult things, and we would love to be that Strategic Growth Partner for you, your business.

Why should you hire a Strategist first?

A strategist oversees formulating and implementing a plan. Goal setting, defining steps to attain the goals, and know how to utilize to carry out the activities are all part of strategy. Strategists get the desired optimal results for your organization. The responsibility of a strategist is to focus on your organization’s ongoing operations and find methods to enhance them.

We enjoy working with both young aspiring and seasoned entrepreneurs that are eager to use their company potential to make a bigger impact, difference in the world.