What is the difference between business coaching, business consulting, and business strategy?

Coaching helps you set goals that match your highest potential, create a realistic plan to achieve those goals, discover then eliminate, how to sabotage your own business and finally holds you responsible for achieving those goals within a specific period. Consulting brings the consultant’s expertise to the mix. It is relied on to understand the problem, present solutions, and training. Strategy is used interchangeably with consulting, but it requires the developing of functional strategies that reach business goals and improve profit for a company.

How do I know if I need business coaching, business consulting, or both?

You will need a business consultant if you want:

  • To understand the basics of business planning and marketing

  • To learn business and marketing skills

  • To find ways to keep track of and follow up on your business success

  • To uncover and solve problem areas you either can’t see or don’t have time to find

You will need a business coach if you want help:

  • To prioritize goals and tasks

  • To be more responsible for following through tasks

  • To organize your thoughts

  • To understand how you have been sabotaging your efforts (and how to eliminate those traits)

  • To create a practical and effective program

  • To maintain high motivation and impact even in the face of difficulties

How much does it cost to work with Simone the Mastermind?

I try to be as transparent as possible by providing the pricing to all the services that I offer. They can be found on my website. However, I am unable to select which service is "best". This is why I encourage starting with a consultation so that I can assess your business needs. After a consultation, potential clients receive a Client Proposal that outlines recommended services and pricing. What service(s) a Client selects should be done strictly upon their level of discipline, commitment, and desire to learn. 

Here are a few things to consider:

  • Do you want to work alongside of me or would you rather work alone?

  • Do you want the tasks to be handled for you or would you rather have insight to do it yourself?

  • Are you trying to just handle a task really quick or build a long-term coach-client business relationship?

  • Are you trying to make a quick sale or scale your business?

What are your business coaching areas of expertise?

My business coaching expertise three main areas: Price Point Strategy, Passive Income Strategy, and Workflow/Automation. Together, in those 3 key areas we work on eliminating working the business as the best employee to transition into serving the company as a CEO.  These three components are very important for business strategy and growth. It encourages minimizing the workload while maximizing the revenue. I also work with organizational leaders to help them identify and connect with their strengths, to gain greater clarity of purpose and goals and increase their self-awareness and understanding in order to deliver success in a workforce environment.

Why do I need a business consulting service?

First, note that we ask “why”, not “if”—this eliminates the chance for people to think they don’t need a business consultant. Every business owner that wants to properly scale to success will require some form of business consulting. It creates the opportunity to see the business from an outside perspective, which is best for determining what needs to be done for the business.

How do business coaching programs work?

My business coaching programs are designed as a partnership between the business, the coachee and the coach (me.) All programs are structured as follows:

  • Set the Goals: I work with you to set goals that meet the business objectives and needs of the individual

  • Create the Strategy: Design the proposed coaching program, timeline and schedule and ensure its agreeable to stakeholders

  • Take Action: Implementation will take place through the business coaching program. Together we will monitor the results, identify opportunities for improvement, and make necessary implementation changes. This stage also includes regular audit meetings to review and obtain feedback on progress.

  • Assess: The results are evaluated against the established goals and further development opportunities are also identified.

  • Maintain: Programs are introduced to ensure new behaviors and mindsets become embedded.

What coaching results have other business owners seen?

From the owners who were working 70 hour weeks that are now only working less than half of that due to the increased customer retention to the increased passive income and automated processes, the results speak for themselves. There are three main reasons why business coaching will work for you and your business. First, I will help you get 100% focused on your goals and step-by-step processes to get you there. Second, I will keep you accountable of performing tasks of running your business. You make an investment in your success and I make sure to get you there. Thirdly, I teach you as many of profit building strategies as you need to take your business to the next level.

What business coaching is not?

  • Therapy: business coaching is not a therapy, because the therapy should help people to recover from emotional or mental disorders such as depression or anxiety. Coaching, on the other hand, focuses on the present and the future, focusing on optimizing the opportunities in your life to ultimately achieve greater happiness.

  • Consulting: Consultants are hired based on their expertise. They are expected to diagnose problems, then prescribe and sometimes implement solutions. Coaching, however, assumes that you can develop your own solutions … the coach is only there to guide, assist, and help you to develop your own plan and your own actions to take.

  • Mentoring: A mentor is an expert who teaches wisdom based on his own experiences. Mentoring can include advice, counseling, and coaching, but the coaching process is not about advice or advice. Instead, coaching is more specific to help you set and achieve your own goals.

  • Training: Training requires a linear, one-way learning path that complies with a set curriculum. Coaching, on the other hand, is non-linear; it is a two-way partnership and does not start with a given curriculum.

What does research say about coaching?

Studies have been revealed in comparing “training” to “coaching combined with training” alone. The study showed that training alone increased productivity by 22.4%, while training and weekly coaching increased productivity by 88%. Here is the reason: Synergy between coach and customer creates momentum and enthusiasm. Better goals are set, and the customer develops new skills that lead to greater success. Business coaching provides a structure of support, and your Coach is an objective, positive supporter.

Can I achieve my goals on my own without a business coach?

You can certainly achieve many goals on your own, but with a business coach, you will be able to do bigger things, set bolder goals, and get results faster. Commitment, accountability, and follow-through are some of the most valuable components of the coaching process, and they are why people who work with a business coach make much more progress than working alone. Your business coach also gives you access to a set of tools, techniques, and processes that are proven to work, and you benefit from being exposed to a different perspective that challenges your approach and provides you with new ideas. Athletes and CEOs know that they can not make it to the top by themselves. They understand the value of a trained professional who helps them identify the best direction and provides them unbiased support and unparalleled feedback. There aren’t any athletes going to the Olympics without a coach, no football players going to the Super Bowl without a coach, shouldn’t you get the same advantage

Do startup business entrepreneurs always know exactly what kind of business they want to start  before they come to you?

Not necessarily, business coaching clients tend to fall into three categories:

  • The first type of client has some ideas for business, but is not yet sure which one (or what combination) will work best or if there is something they have not thought yet that might be a better fit.

  • The second type of client is just starting out, but knows exactly what business they want to be.

  • The third type of coaching client is one who already has a business, has had several successes in the past as well, and wants to grow or expand the new areas.

Why would you ever fire a client?

A client can be fired in a limited number of cases but very specific reasons. Never without a discussion in advance and the opportunity to fix the problems. Reasons include:

  • Illegal activity

  • Refusal to complete tasks

  • Lack of punctuality

  • Refusal to take responsibility for their decisions

  • Refusal to take action on their decisions

  • Failure to pay on time​​

Do you service a particular geographic region?

I am located in Memphis, TN and spend a lot of time in Dallas, TX. However, I accept clients nationwide. Many of my clients are in Tennessee, Georgia, Texas, and California. I am open for travel to assist clients 1:1 as well.