BUSINESS
Becoming unemployed is challenging on many levels, but many may feel a sense of relief from the day-to-day tension of meeting unrealistic objectives, pleasing a boss they don’t respect and depending on an institution for financial stability. As a career alternative in a jobless economy, many unemployed are parlaying their talents and joining the over 24 million small businesses owners operating a business in the U.S.
“Today we’re living in the age of the “New Career Economy” which calls for careers based upon self-sufficiency, personal control and rewards more closely tied to one’s personal efforts,” says president and COO Brian Miller of The Entrepreneur’s Source (TES). “And business ownership is on the rise for just those reasons. People want to take control of their lives,” Miller continued.
There are two coaches, building teams of business coaches, in Michigan, to help people in career transition explore whether business ownership has the potential to meet their personal goals, needs and expectations. “With all economic indicators pointing to a jobless recovery for 2010, there will be many business savvy types exploring business ownership as their next career move,” Miller said.
As a regional developer for The Entrepreneur’s Source, Vance Meyer and Jeff Scheiffler each lead a team of franchise business coaches, offering career opportunities to those business owners who have a passion for helping aspiring and established entrepreneurs, and who see business coaching as a career.
“Ideal TES business coaches are individuals who now want to take control of their future and parlay their skills into a new career direction, by helping others take control of their future” said Brian Miller. “Business coaching has become a highly-sought after service in the small business market,” he added.
According to an American Management Association study, 52 percent of businesses use coaches today, while 37 percent of companies who do not use coaching say they will implement such programs in the near future.
Business experience, whether from the corporate world or the kind gained as an entrepreneur, are both valuable in understanding and working with the many type of clients seeking business ownership. However, in a franchise system like The Entrepreneur’s Source, business coaches are well trained to help take clients through a discovery process to identify their lifestyle goals, needs and expectations. They are also armed with introductory business education programs for aspiring entrepreneurs considering business ownership.
According to the Entrepreneur’s Source, business coaching offers a desirable lifestyle with the ability to work out of a home office and manage a schedule around lifestyle needs.