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Success
Partnerships: Take Your Business to the Next Level
In
the fall of 2001 I resigned from my full-time faculty position
to enter the world of the self-employed. I had been working
part-time as a coach and coach trainer for three years while
I gathered the courage to leave the security of a ten-year
faculty appointment, including a substantial salary and benefits,
to pursue my passion for coaching and training. My full-time
university responsibilities ended in September, 2001, and
I looked forward to ‘taking a breather’ to get
clear about my vision for my business. With the events of
9/11, I was even more convinced that I needed time to shift
gears from salaried employee to solopreneur. I spent that
fall teaching an undergraduate course and doing some coaching
and training. I also took lots of long walks with my dog,
worked with my coach, and geared up for the beginning of 2002
when I planned to shift my energy toward building my business.
Fast forward to the present: I have learned a tremendous
amount about myself as a coach and business owner during the
past two years. Perhaps the most significant learning is that
building a business from scratch by myself holds about as
much appeal for me as having a root canal. Unfortunately it
took more than a year for me to realize that I needed a partner---not
a business partner to join me in running the business, but
a success partner.
Early
in the spring of this year I met with a fellow coach from
my local community to discuss our respective businesses. We
shared a great deal in common. We had both been coaching for
several years and were each confronted with the challenge
of building the business of our dreams. We were very clear
that we were doing work that we loved; we just weren’t
doing enough of it with the clients we wanted to attract!
There were days when we felt like we were spinning our wheels
in a futile attempt to be productive; only to feel frustrated
at the end of the day by how little had gotten accomplished.
We discussed the possibility of merging our businesses but
that idea didn’t feel quite right. There had to be another
way…but what?
Then
came the AHA moment. Why not become success partners? Success
partners? Neither of us had ever heard this concept before.
And the immediate surge of energy we experienced as we discussed
it told us we were onto something big. We just didn’t
realize how huge this would be for both of us!
What
is a success partnership? A success partnership is a professional
relationship created by two self-employed individuals for
the sole purpose of ensuring that each individual’s
business becomes wildly successful! The conditions that create
a winning success partnership are:
- A
relationship based on mutual trust, genuine caring and respect
- An
agreement to maintain confidentiality
- A
strong belief held by each partner in the other’s
potential for success
- A
readiness to be actively engaged in growing one’s
business
- A
commitment by both partners to honor the importance of the
relationship
A
success partnership is NOT:
- A
coaching relationship. There is no money exchanged or bartering
agreement established between success partners. While coaching
may occur organically at times during the success partnership,
it is not what defines the relationship.
- A
business relationship. Each success partner is actively
engaged in building his/her own business.
-
A friendship. While success partners may also share a friendship,
there is a structure that is created between success partners
that defines the parameters of the relationship.
Like
a coaching relationship, the success partnership provides
the structure, support, and accountability to assist each
partner to successfully grow their business. My partner and
I meet face-to-face every two weeks for approximately two
hours for progress meetings. We each bring an agenda to structure
the meetings. The agenda may include any of the following:
- Business
Development: What projects am I working on? What have I
followed up with since our last meeting? What challenges
am I currently facing?
- Vision:
What is inspiring me and giving me energy? What breakthroughs
and realizations have I had? What lessons have I learned?
What new ideas and possibilities have surfaced?
- Service
Provision: What work have I completed? What new work is
booked right now?
- Product
Management: What products/services do I currently offer?
What new products need to be developed based on what is
currently booked? By when?
- Administration:
What systems are in place? What’s working well? What
needs to be delegated or outsourced?
-
Accountability: What I need from my success partner at this
time is…
Results:
Since our success partnership began last spring, my partner
and I have supported each other in building our businesses
in several ways. We have each attracted more ideal clients;
we have expanded our businesses in ways that are in aligned
with our visions; we are more focused and productive in carrying
out tasks and activities on a daily basis; and we are both
having much more fun!
COACHING
MASTERY UPDATE
Coaching Mastery Telegathering to
mark the first anniversary of Coaching Mastery News
Please join me for a free Coaching Mastery telegathering on
Tuesday, December 9 at 7pm EST.
Mark your calendar!
Coaching
Mastery is an innovative program designed to assist coaches
in their professional development. It provides coaches with
a safe learning environment to explore important issues that
occur in their coaching relationships. The telegathering will
provide coaches with the opportunity to reflect upon their
work and learn ways to enhance their coaching effectiveness.
Here
are some examples of areas for exploration through Coaching
Mastery:
Self - Management
Speaking the Truth
The Inner Critic and Limiting Beliefs - the Coach's and the
Client's
Boundaries in Coaching
Creating Powerful Beginnings
When a Client Really Challenges You
Serendipity in Coaching Relationships
Graceful Endings
Designing Actions that INSPIRE
What’s the REAL Agenda?
To
register for the telegathering and for more information about
Coaching Mastery, contact Lisa Kramer at lisa@livingwithintention.com
or (610) 527-4511.
“Lisa
has this uncanny ability to state the essence of an issue
in a single sentence, and that single sentence sparks the
impetus for transformation - imagine what a full session with
her can do! She brings her vast skill and experience as a
coach, teacher, and mentor to the coaching mastery model of
supporting coaches in a way that goes beyond a traditional
coach-client partnership. If you’re ready to take your
coaching skills and practice to a higher level of expertise
and professionalism, coaching mastery a sure way to make that
happen!”
Lynne Hutchinson, www.onpurposecoach.com
“As a coach, how often do you wish that you could
have someone "listening in" and sharing their wisdom,
observations, and clarity on one of your coaching calls? When
I worked with Lisa Kramer, that's exactly what I got--and
more! Lisa supported me as I learned to fully trust my intuition,
ask powerful, edgy questions, and utilize my coaching toolbox.
Lisa is truly the "Coach's Coach" and you'll love
working with her!”
Linda Weinberger, www.higherbranch.com
Upcoming
Events:
November 7, 2003: Introduction to Professional Coaching
Led by Lisa Kramer
University of Pennsylvania Graduate School of Education
CE Credits available for licensed psychologists and counselors
For more information, contact Dr. Jeanne Stanley at jstanley@gse.upenn.edu
or (215) 898-4171
November
11, 2003: The Coaching Circle: Leaping to Your Promise
Facilitated by a Team of Coaches
Wharton Women’s Network
For more information, visit www.whartonclub.org/events.htm
December
9. 2003: Coaching Mastery Telegathering
Led by Lisa Kramer
January 23, 2004: Accessing Our Inner Wisdom
Led by Lisa Kramer and Geri Kelly
Bryn Mawr College Graduate School of Social Work and Social
Research
CE Credits available for licensed social workers
For more information, contact the School of Social Work Continuing
Education Office at (610) 520-2602
Copyright
© 2003. Permission is granted to reproduce, copy, or
distribute the Coaching Mastery News as long as nothing
is added, changed, or deleted, and this copyright notice
is attached. The author is Lisa Kramer, Living with Intention
Coaching, Training and Coaching Mastery www.livingwithintention.com
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