Business Coaching Got A Queensland Start-up Really Rolling
Three years ago, Chris Robertson started his own business
. He thought this would give him more free time, but unfortunately, with his business, he actually didn't have a flexible schedule.Robertson was working all the time at his business, Beel Welding and Fabrication long days, every Saturday and some Sundays. Worst to Robertson, he knew he wasn't making as much money as he knew he could be making.
Three months ago, however, he hired an ActionCOACH Business Coach, Warrick Bidwell, and his business situation has vastly improved.
Robertson actually took some convincing to hire a Coach Bidwells team got in touch with him a year ago, but couldnt convince him that business coaching was a worthy investment. Bidwell invited him to an Intro to Business Coaching seminar five months ago, but he couldn't attend.
Finally, Robertson attended a Business Diagnostic with Bidwell and finally hired him as a Business Coach. Beel Welding and Fabrication seems to have been doing better ever since hiring him.
In the past three months, weve been putting goals and systems in place for his team as well as developing Chris leadership and confidence, Bidwell said. Hes now only working the occasional Saturday and no Sundays. He's spending less time working and more time with his wife and children.
Weve also improved the financial side of the business, for example, by measuring everything weve worked out that his rework and materials wastage is costing him almost $80,000 p.a. By putting in place bonuses based on accuracy and productivity for his team, this will add over $50,000 to his net profit, which is about 12 percent, he added. When considering whether or not to hire a Business Coach, Robertson was most concerned with how much money Bidwell could save him down the line and could he get his quality of life back.
It seems that he got that and then some he is about to buy his dream car, a brand new V8 Ute.
But that dream car is only a piece of the whole pie, and Robertson still has work to do. Were continuing to work toward reducing his work hours whilst maintaining revenue and profit at its steadily growing levels, Bidwell said. This will be through systems, leadership and improvements to marketing, specifically defining target market and aligning the business with quality suppliers and alliances.
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