Why Business Coaching Can Make or Break Your Business
- RBF Admin
- Dec 17, 2025
- 4 min read
As an entrepreneur, you're no stranger to challenges. Whether you're managing a growing business, balancing various roles, or figuring out how to scale, the journey can be overwhelming. This is especially true for women and LGBTQ+ entrepreneurs who face unique barriers in their business ventures. That’s where business coaching comes in.
So What Exactly Is Business Coaching?
Business coaching is a professional partnership where a coach helps you develop your business, overcome obstacles, and unlock growth potential. Unlike consulting, which often focuses on solving specific problems, coaching is a more personal, ongoing relationship aimed at guiding you through your journey as a business owner.
How Coaching Can Guide Your Business Path
When you’re running your business, it’s easy to become consumed by the day-to-day tasks and lose sight of your broader goals. A business coach helps you step back and gain perspective. With the support of a coach, you can:
Clarify Your Vision: A coach helps you articulate where you want to take your business, giving you a roadmap to follow.
Question: What is the ultimate impact you want your business to have, and how clearly can you articulate that vision today?
Action Step: Take 10 minutes to write a one-paragraph vision statement that describes where you want your business to be in 3 years.
Set Actionable Goals: A good coach will help you break down your larger goals into manageable steps, making it easier to track progress and stay motivated.
Question: Are your current business goals broken down into clear, achievable steps that keep you moving forward consistently?
Action Step: Choose one big goal and break it into 3 smaller, specific tasks you can complete this week. Schedule time on your calendar to work on the first task.
Navigate Growth and Change: Business growth is rarely linear, and having a coach means you’ll have a trusted advisor to help you adjust when you encounter new challenges or opportunities.
Question: How prepared do you feel to handle unexpected changes in your business, and who do you turn to for guidance during those moments?
Action Step: Identify one trusted advisor or coach you can reach out to when you face a challenge or opportunity. Set up a check-in call or meeting this month to discuss your current business landscape.
According to Harvard Business Review, coaching is one of the most effective tools for personal and professional development. Entrepreneurs who work with a coach report higher levels of self-confidence, clearer goals, and a better ability to manage stress and uncertainty.
Why Coaching Support Matters for Women & LGBTQ+ Entrepreneurs
For women and LGBTQ+ business owners, business coaching can be a game-changer in leveling the playing field. These groups can often face specific challenges in the entrepreneurial world, including lack of access to mentorship, gender and bias-related hurdles, and underrepresentation in leadership networks.
Entrepreneurs from underrepresented communities often juggle multiple roles alone, leading to feelings of isolation and burnout. Accoridng to a Ramsey Solutions study, 56% of business owners feel alone in decision making. A coach acts as a trusted advisor and sounding board, helping you gain perspective, avoid burnout, and sustain your passion.
Ask yourself: How often do you take time to connect with someone who truly understands the unique challenges of your entrepreneurial journey?
Navigating Bias: Women and LGBTQ+ entrepreneurs can also face systemic barriers to funding opportunities. The National Women’s Business Council found that women-owned businesses receive only about 2.2% of total venture capital funding, and LGBTQ+ entrepreneurs face similar disparities. Coaches equipped with knowledge of these challenges can provide tailored strategies to overcome bias, build networks, and access resources that are often out of reach.
Ask yourself: What steps have you taken to confront and navigate bias in your business, and who supports you in this process?
Imposter syndrome and self-doubt are common among women and LGBTQ+ entrepreneurs, which can hold them back from seizing growth opportunities. A business coach offers guidance and encouragement to build confidence, empowering you to take risks, make bold decisions, and advocate fiercely for your vision.
Ask yourself: When was the last time you challenged a self-doubt and took a bold step forward in your business?
The Role of a Business Coach in Overcoming Common Challenges
Now lets discuss some other challenges women and LGBTQ+ business owners face, and how a coach can help:
Balancing Multiple Roles: As a business owner, you're likely wearing many hats. Whether it's marketing, finance, or operations, a coach can help you prioritize and delegate effectively, allowing you to focus on what truly matters.
Access to Funding: Historically, women and LGBTQ+ entrepreneurs face challenges when trying to secure funding for their businesses. A coach with industry knowledge can provide strategic advice on how to pitch to investors, prepare materials, seek out grants, or explore alternative funding sources.
Breaking Through the Glass Ceiling: Whether it’s through overcoming the lack of female representation in leadership roles or breaking through systemic bias, a coach can provide the tools to help you scale your business while building confidence in your ability to lead.
The Benefits of Business Coaching
Working with a coach helps with solving immediate business problems but more than that, it’s about setting your business up for long-term success. Here’s how coaching can help:
Accountability: A coach keeps you on track and ensures you stay accountable to your goals, providing motivation when you need it most.
Clarity and Focus: With a coach’s guidance, you’ll get clear on your business direction, identifying what’s important and focusing on your strengths.
Personal Growth: Coaching isn’t just about business strategies. It’s also about personal development. A coach helps you build leadership skills, improve emotional intelligence, and enhance your decision-making process.
Final Thoughts on Business Coaching
Business coaching isn’t a one-size-fits-all solution, but it can be the difference between stagnation and growth. Especially for women and LGBTQ+ entrepreneurs, coaching can provide the support and guidance needed to overcome barriers, find your voice, and scale your business successfully. In a landscape where access to mentorship and resources can be limited, business coaching becomes an invaluable tool for leveling up.
By working with a coach, you're investing not just in your business, but in your personal growth as a leader. Reach out to our team today if you think you are ready for a coach of your own!
Comments