While the industry coaching success rate is 50%, Franklin Covey achieves 97%. They attribute this to hiring coaches who have prior business experience as executives (CEOs, SVPs). This real-world acumen, beyond just certification, allows them to connect with and guide leaders effectively.
Unlike consultants who only teach, Sales Gravy's trainers are full-time employees who must also sell. This "practice what you preach" model ensures their training is grounded in real-world, current experience, making it more credible and effective for clients.
Leaders often feel they must have all the answers, which stifles team contribution. A better approach is to hire domain experts smarter than you, actively listen to their ideas, and empower them. This creates a culture where everyone learns and the entire company's performance rises.
Firms struggle to measure coaching ROI because they don't define success upfront. Applying Stephen Covey's 'begin with the end in mind' principle is key. By first asking what the business wants to accomplish (e.g., culture transformation, skill development), clear metrics can be set to track tangible returns.
Unlike a functional manager who can develop junior talent, a CEO lacks the domain expertise to coach their entire executive team (e.g., CFO, VP of HR). A CEO's time is better spent hiring world-class leaders who provide 'managerial leverage' by bringing new ideas and driving their function forward, rather than trying to fix people in roles they've never done.
To overcome a fulfillment bottleneck in a coaching business, hire your top-performing alumni as fractional coaches. They possess immediate credibility, deep domain expertise, and a genuine desire to give back to the community, making them ideal and easy-to-recruit team members.
The founder hired an experienced CEO and then rotated through leadership roles in different departments (brand, product, tech). This created a self-designed, high-stakes apprenticeship, allowing him to learn every facet of the business from experts before confidently retaking the CEO role.
Matt Spielman's coaching model focuses on identifying a client's signature strengths and past successes. Instead of smoothing out weaknesses with "sandpaper," he helps clients tap into what already works well to drive performance, viewing this as a more sustainable path to growth.
The young founder hired an experienced executive who became a mentor and effectively his boss. He learned more from observing this leader's actions—how he interacted with people and approached problems—than from direct instruction. This demonstrates the power of learning through osmosis from seasoned operators.
Early-stage companies need experienced executives not just for their skills, but for their 'borrowed credibility.' A well-respected leader like former CEO Bob Muglia lent Snowflake instant legitimacy, which inspired belief in the team, reassured customers, and empowered the young founders.
Go-to-market problems are often people problems, not just process or tech problems. A GTM consultant's effectiveness is amplified by executive coaching skills, which help navigate leadership egos, facilitate difficult conversations, and overcome decision-making gridlock between departments.