A trusted advisor gets paid, but they should cost you nothing

Sometimes it’s good to reflect on progress…

During a typical monthly coaching meeting with a long-standing client this week, we covered the usual challenges – people, premises, growth, processes, yada yada…

Near the end of the meeting, I asked how the business was going in terms of numbers. “Oh,” the client said, “we made £1m last year and we have £4m in the bank”.

This is a business that struggled during covid and early ran out of cash. We’ve been working together for over 12 years and, whilst I’m not going to take credit for their success, I can say have continually mentored the CEO, run multiple training sessions to improve employee capability, coached a few other senior individuals and orchestrated project teams to remove waste across all areas of the business.

Yes, it does take some time for all the efforts to come together and produce financial returns, because running a business of any size is complex. However, tenacity and persistence will deliver when a business owner and trusted advisor work closely together on every key aspect over time.

paul@mindshop.co.uk

About paulhopwood

Teaching, guiding and mentoring professional service firms and successful business owners, providing them with time to think. Love family, reading and walking. Brighton UK www.paulhopwoodconsulting.co.uk
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