International Coaching Week in Saudi: Why Entrepreneurial Coaching Holds Value
For the past few years, Saudi has been building a robust entrepreneurial ecosystem in the country. The government is fueling it even further by empowering entrepreneurial coaching and funding. Despite the tough challenges presented by COVID-19, entrepreneurial activities in Saudi Arabia rose from 14% in 2019 to 17% in 2020.
The current week marks the arrival of International Coaching Week (ICW) 2022 — which holds true value for leading entrepreneurs on the right career path.
International Coaching Week 2022
International Coaching Week goes from May 16th to May 22nd. During the week, the world’s leading organization in this regard, International Coaching Federation (ICF), empowers a number of events, like workshops, webinars, conferences, and more, on coaching.
The purpose? To lead aspiring talent towards a bright future, both in terms of their personal interests and their nation’s success. How does ICF achieve this goal? By spreading information about the importance of coaching in various professional aspects.
Why Entrepreneurial Coaching Is So Important
ICW makes it crystal clear that coaching is essential for every area of the professional sector. However, as entrepreneurs are the ones that take the risks and bring a solid success factor to the world, they need coaching more than ever now.
As a certified coach from ICF, I will shed light in the following on why entrepreneurial coaching is so important:
1. Staying focused
Entrepreneurs are always bursting with creative ideas — which is a solid perk. However, sometimes, this perk also leads to their downfall if they aren’t able to focus on a single idea at a time.
You see, excelling at anything takes constant work. Say you’ve just come up with the idea of a shiny new marketing strategy. You start implementing it, but again, you come up with another impulsive idea. Now you’re stuck in a dilemma with two consecutive strategies, and you don’t know which one to focus on.
Many beginner entrepreneurs find themselves in this tedious situation, and coaching is what they need to counter it. Coaching is essentially the perk that enables them to build focus and target it onto a specific strategy, one at a time.
2. Seeing the bigger picture
Entrepreneurs are often caught up in a bunch of stuff they’re doing consecutively. In most cases, these activities are their business’s day-to-day tasks — and being busy in them often restricts them from seeing the bigger picture.
I’ve personally seen entrepreneurs missing out on a compelling long-term opportunity, just because they were too caught up in their day-to-day tasks. With coaching, however, entrepreneurs can get the extra assistance they need to keep a bird’s eye view on every incoming opportunity.
3. Spotting the weaknesses
It’s in human nature to not be able to acknowledge one’s own weaknesses — and it could be a massive reason for any entrepreneur’s downfall. Entrepreneurs need to do everything in their power to identify their blind spots; places where they’re lacking.
Coaching helps you identify those blank spots and find out your weaknesses before it’s too late. All in all, coaching could enable you to see your own work from a critic’s perspective — which is exactly what you need to deal with potential setbacks in your businesses.
4. Gaining an upper hand
To stay ahead of the curve, you need to be self-aware. And oftentimes, most people fail to understand their weaknesses and fix them on time to gain a competitive advantage.
With a coach by your side, however, gaining the upper hand is much easier.
A coach is like your childhood’s tough friend, who always pushes and encourages you to find your weak spots, work on yourself, and eventually become the best version of yourself.
5. Promote self-improvement
According to a survey by ICF, coaching leads to 80% improvement in self-confidence in 80% of people, improvement in communication skills in 72% of people, and improvement in work-life balance in 67% of people.
Simply put, coaching improves lives and helps professionals find the right balance between their personal and professional lives. At the same time, coaching assists them to improve their professional skills, like communication and self-confidence.
The bottom line
All in all, coaching is essential for entrepreneurs, especially the ones who’re in the early stages of their journey.
Entrepreneurial activities are rising each year in the country, and the Saudi government is actively promoting them. Now’s the time to leverage coaching and utilize it to inspire self-improvement, and ultimately gain a competitive advantage over the market.
If you’re an aspiring entrepreneur looking for top-tier coaching, ICF Credentialed Coach Finder is the way to go. Click here to get started right away. and for more information about the International Coaching Week and its rich schedule of events, check it out here #internationalcoachingweek #internationalcoachingfederation #icf