Team Effort Pays Off for Entrepreneurs

Business owners should not be running theless costly option too.
day-to-day activities within their companies. In orderAffinity group coaching helps business owners to:
to bring small and medium size companies to newerFocus on key goals to achieve business objectives
and stronger levels, systems should be runningIncrease productivity while decreasing work time
companies. Owners must be in a position to stepWiden profit margins
back and focus on working on the business ratherRealize their dreams through accountability
than in the business. The results can be powerful.What They Are
Through mentoring and advice, coaches help businessAffinity groups come in many shapes and sizes.
owners succeed more and work less. Coaches serveSome are geographically based, by locale or region of
a variety of businesses and professionals fromthe country. Others are specific to age or revenue.
florists and printers to chiropractors andStill others are linked to a particular frame of
manufacturing companies. Most entrepreneurs havereference, such as the software industry. More
few resources and few places to turn to get adviceexamples can include a group of interior designers, all
on sales, marketing and team building. That's wherewho have different specialities, such as furniture
coaches step in, not with the answers, but with thedesign, kitchen and bathroom design or draperies
right questions.who share client lists, or a group of personal chefs
Having an extra set of eyes and ears to look at thewho join together to increase their ability to bid jobs,
performance and goals of your business makes aor a block of stores that agree on hours of operation
world of difference. Working with a coach meansand seasonal advertising specials. They often operate
you don't have to go it alone. It also holdslike strategic alliances; non-competitive businesses
entrepreneurs accountable to someone outside ofthat refer clients and prospects.
their business.One of the incredible things about being alive is
In addition, a new and less expensive coaching trendhaving the opportunity to learn and grow with each
for entrepreneurs is belonging to an affinity group.passing day. The great desire to gain new knowledge
Affinity groups can help business owners accelerateand insights into the people and things around us
their company's growth. The next time you are lyingprovides an energy that helps overcome the many
awake in bed at 2 a.m. wondering how to deal withchallenges we confront on life's journey. We are
your entrepreneurial crisis du jour, consider theconstantly amazed by the things we didn't know, by
following: find, join, and participate in affinity groups.the inaccuracy of our perceptions, by the actions of
One of the most powerful steps an entrepreneur canthose we thought we knew better and by the
take at any stage in his or her development is to findsupport we receive from unimaginable places.
a group of peers. Creating an enterprise can be aKeep moving forward even when times are difficult.
lonely task. If an entrepreneur is alone in creating aTry new ways of approaching the same challenges.
business (and having a partner or partners doesn'tTake the time to read and listen to the experience
mean you're not alone), opportunities for learning andand journey of others. There is a lot to learn on the
teaching are lost. With an affinity group, you canroad to building a successful business, or a fulfilling life
accelerate your growth and eventually give backfor that matter.
your wisdom and experience to those coming afterWe are starting to see the signs of an improving
you.marketplace; start to invest in yourself and your
Who Are They and What Do They Dobusiness. It will give you the greatest chance of
Affinity groups are gatherings of peers attracted toachieving the success you deserve and have worked
each other by a common set of experiences andso hard for.
capabilities, or "affinities." Normally the group is aSo the next time you are up at 2 a.m., act on the
maximum of 10 people. They have the opportunityfollowing: find, join, and participate in affinity groups.
to share knowledge and different perspectives asCopyright 2003 Permission required before
well as providing accountability and developing theirreproducing.
own network. Affinity group coaching is normally the