A recent global report by career transition and coaching experts Ranstad reveals that 99% of employers see coaching as having a positive or very positive impact on their wider business. Life coaching is a rapidly growing $2.85 billion global industry – so what is it about the power of life coaching and business mentoring that is driving more and more successful people to hire their very own coach – and do you need one, too?
Here’s why global brand founder Tory Archbold believes every successful woman needs a mentor in her corner.
1) A life coach is your very own cheerleader
According to research, 80% of coaching clients report that working with a life coach improved their self-esteem or self-confidence. From my own personal experience working with life coaches, I couldn’t agree more. In fact, I credit much of the self-belief I have needed to build my two global businesses to life coaching.
Through both the highest peaks and the lowest troughs in my business and personal life, having a trusted and wise life coach in my corner has been like having my very own cheerleader – and the results have been incredible.
I went through an incredibly challenging time in my thirties after separating from my daughter’s father. I was at the helm of a very high-profile public relations agency, Torstar, and dealing with international clients including Mulberry and Next UK on a daily basis – yet behind the scenes, I was living my own personal nightmare. For 12 years, I had been battling in the family court system to give us the keys to freedom so we could live life on our own terms without being fearful of what would happen next.
There comes a time when you need support not only personally but professionally. I chose to work with a life and business coach based in Chicago, who helped me understand the patterns I needed to break to reconnect and reclaim my personal power. With her support (and a few trips to Kamalaya) I transformed my thinking, giving my body permission to become strong enough to cope with the extreme stress I was facing.
My life coach empowered me to get rid of my lawyer, who was unable to find a resolution after 12 years in the family court system. This enabled me to find the inner strength to stand in my personal power to represent myself in the High Court of Australia. Through the support of my life coach, I stepped into a powerful place and did what my lawyer was unable to do – winning a restraining order against my ex and full custody of my daughter.
2) To nurture a growth mindset
One of a life coach’s primary functions is to help you set goals, so that you are always working towards something new and even more incredible than where you’re currently at. You don’t need to be dealing with a dramatic challenge in your life to benefit from having a life coach. In fact, those times when you are in a great pace can be the most fertile ground for leveraging your strengths and taking you to the next level.
No matter how successful, confident or capable you are as a human being, we all have the room and potential to stretch and grow. Whether you’re a start-up founder juggling family life, a global business owner or a C-suite executive, our success only plateaus when we think we’ve ‘made it’.
Working with a life coach can help you strengthen your growth mindset, and through continual goal setting and striving, there are no limits to what you can achieve.
3) To invest your time for the best possible return
According to research, 92% of small business owners agree that working with mentors has a direct impact on their growth and survival of their business. We all know how easy it is to skip time working on yourself in favour of knocking more items off the to-do list and focusing on deliverables that produce a tangible return in real time. However, blocking out set times in your calendar to work with a life coach is some of the best-quality time you can spend, with the biggest returns over the long term.
Just like regular dates with your life coach are one of the best ways to propel you forward when things are going well, this applies when we encounter a setback, too. Having someone in your corner to help you process the experience and dust yourself off, ready to re-enter the ring, can help us bounce back from the lows more quickly.
4) To keep raising the bar – always
I have been my own boss for over two decades. In that time, the one thing that has kept me growing, from launching my own PR firm at 24 years old with no media contacts and a hand-me-down computer, to representing clients like Drew Barrymore, has been staying aligned with my life mission. I believe I have been put on this earth to serve others, and working with incredible life coaches has kept me accountable to my goals and life mission.
There have been times in my life where I have set high – and some would say unrealistic –goals. Despite what those around me might have thought, I knew I could achieve them. So, I needed to find someone who also believed I could achieve them, to go on that journey with.
In addition to working with my Chicago-based life coach, I have also done some powerful work with Sujay, the life coach I see when I visit Kamalaya in Thailand. Working with Sujay has facilitated some of my greatest breakthrough moments (listen to my podcast chat with him here for all the juicy details), allowing me to level up and serve more people. In fact, my work with Sujay was the catalyst that allowed me to uncover and dismantle some of the limiting beliefs that had been holding me back. This paved the way for my career U-turn, which saw me make the bold dedcision close Torstar PR in 2019 in preparation for my next power step, the launch of Powerful Steps.
All in all, having a mentor in the form of a life coach has been one of the most powerful tools I have used to tap into my hidden potential – and I absolutely believe that the same is possible for you.
Are you feeling called to work with a coach or mentor? Check out the life and business mentoring packages I offer for women just like you, here.