Personal DevelopmentPersonal Finance

5 Reasons You Need a Coach to Achieve Rapid Results in Your Journey to Financial Independence

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“I absolutely believe that people, unless coached, never reach their maximum potential.” — Bob Nardelli

During our 5 days of training this past week on how you can create a plan to achieve financial independence, I shared a story of how I’ve always wanted to start an online training program. 

In 2012, I bought my first online course. I don’t quite recall if I completed the course. Following that, I’ve enrolled in one or more online courses virtually every year. Some of which I completed, others I did not.

Through these courses, I got a lot of knowledge of what is required to start an online business. However, I never followed through to actually starting one for a number of reasons.

I got busy with my day to day job.

I procrastinated.

I did not believe in myself.

I had no time.

I don’t know anyone like me that is successfully running an online training course.

Fast forward to 2020 and I’ve now finally launched an online training course.

So, what changed?

How did I launch an online course in a span of 4 months when I could not do so for the past 8 years?

The answer?

Coaching.

For the past several years, I’ve been part of many membership groups and mastermind groups, some of which are FREE and others required small investment in membership costs. While I’ve benefited from many of these programs, I’ve never really made a significant investment in a coaching program until recently. 

I now appreciate the difference between a great coaching program and a free or cheap membership or mastermind program. What I’ve learned in the past 4 months alone is significantly more than what I’ve learned in the past 6 years in other programs.

I’ve been pushed to set goals that scared the hell out of me.

When I did not believe in myself, my coach believed in me.

When I was stuck in inaction, I was encouraged to just keep moving.

When I was waiting for additional information and to have it all perfect before launch, I was pushed to just launch with what I had.

Over and over again, I was reminded that…

Imperfect action is better than no action at all.

Transformation comes in the application of what you’ve learned.

Every day, you either get better or worse, but not the same.

I choose to get better. And it was all because I got coaching.

So I’d like to make the case for hiring a coach. If you already have a coach, this will explain why you’ve made a smart decision. If you don’t have one, this will hopefully convince you why it’s important to get one — and, frankly, the sooner the better.

Here are at least five reasons why you should hire a coach to help you with your journey:


1. Because you recognize the need for a change

“A good coach can change a game, a great coach can change a life.” — John Wooden

If you’re happy with the status quo — same old stuff — don’t hire a coach. You don’t need one. But if you’re unhappy with the results you’ve been getting, you need to consider it. 

If you’re employed or self-employed and you work in Corporate Canada or America, you know the drill…

  • You work so hard, and yet you only see a fraction of your earnings.
  • You make a decent salary, yet you struggle financially.
  • You live from paycheck to paycheck wondering if this will ever end.
  • You hate your job, you are underpaid and undervalued.
  • You are disrespected by your employer and colleagues you don’t like.
  • You fear you may never have enough to retire and may have to work at a job you hate for the rest of your life.
  • You feel overwhelmed with what’s on your plate and don’t know where to focus.
  • You keep missing your goals — or don’t have any goals.
  • You’ve lost the meaning of work — work no longer works for you.
  • You know you need to grow personally and professionally in order to achieve a breakthrough and get to the next level.

If this sounds like you — if you want something to change — you need a coach.


2. Because you want an edge against the odds

“All coaching is, is taking a player where he can’t take himself.” — Bill McCartney

Lets’ face it.

The odds have never been higher, particularly in such an uncertain time with the COVID-19 pandemic.

If you’re employed, you know you’re at the mercy of corporate profits.

Many have already lost their jobs. Those that have managed to keep theirs are uncertain for how long they can keep their jobs.

Others have taken cuts in their pay. Those that have retirement plans tied to corporate stocks have endured sleepless nights with the market volatility. 

Fear has now set in and confidence is shattered as they think of their future.

They recognize that the odds are great and that something needs to be done.

If you want to climb Mt. Everest, you know the journey will be difficult and dangerous. Many die every year in the attempt to climb it. It’s a risky venture but you’re excited about the possibility of achieving your goal.

So let me ask you a question.

“Do you think it would be smart to go-it-alone?” 

I don’t think so. 

A smart thing to do is to hire a guide. You want someone who has made it to the top and back, preferably multiple times under a variety of weather conditions.

The truth is that there is only one way to learn: trial and error. But it doesn’t have to come from your trials or your errors. 


3. Because you want to fill in gaps in your knowledge or skills

“Coaching is unlocking a person’s potential to maximize their own performance. It is helping them to learn rather than teaching them.” — Timothy Gallwey

As I’ve said many times in my prior articles, the best investment you can make is the investment in your knowledge.

And here is why.

Because you will eventually reach the limits of your own knowledge and skills. 

So, you have to continue to grow personally and professionally. As John Maxwell says: 

“Everything rises and falls on leadership.”

If you have a formal University education, you would agree with me that most schools fall short when it comes to teaching essential life lessons. I will bet that you probably didn’t learn:

  • How to set and achieve clear personal financial goals.
  • How to translate your annual and quarterly goals into daily actions that drive growth.
  • How to stay focused on your most important priorities so you aren’t distracted by the deluge of requests, demands, and even opportunities.
  • How to identify the key metrics you need to track and monitor to ensure you achieve your financial and life goals.
  • How to transform setbacks and failure into the jet fuel you need for rapid iteration and improvement.

Good coaching fills these gaps where our formal education falls short. Good coaching includes practical frameworks and step-by-step processes for delivering real-world results.


4. Because you know you need to work on “you”

“Coaching is unlocking a person’s potential to maximize their growth.” — John Whitmore

You’re so busy you never have time to do important things that will keep you on top of your game. So busy that…

You don’t read.

You don’t have time to think.

You don’t take care of your health and fitness.

You don’t set and review personal goals.

You’ve lost who you are and who you’re created to be.

The fact is you’ll never find the time unless you are intentional. 

Coaching provides the opportunity — the context — where this can happen on a regular basis. It’s a chance to poke your head above the clouds, evaluate where you’ve been, embrace the reality of where you are, and chart a course to where you want to go.

You may be thinking, “if I don’t have time for myself, how will I find time to engage in a coaching relationship?”

To that my response is, “If you don’t have time now, when will you ever have time?”

Coaching provides an opportunity to collapse time. If you collapse time, you will have more time for yourself.


5. Because you want to go further, faster

“A coach is someone who tells you what you don’t want to hear, who has you see what you don’t want to see, so you can be who you have always known you could be.” — Tom Landry

There are two ways to get ahead in life: 

The slow way.

And the fast way. 

The slow way is to rely on your own knowledge, experience, and skills. 

The fast way is to rely on someone else’s knowledge, experience, and skills.

You read my story earlier. When I relied on myself, it took me 8 years with no results.

When I relied on a coach, I achieved results in 4 short months.

During our training this week, I shared a story of a friend who recently invested $40,000 in a U.S Commercial Real Estate Education and Coaching Program.

When I asked him why he invested that much in a program he replied, “If I don’t invest in my education, who will?”

I watched this friend invest $20,000 in a similar program in Canada not too long ago. In less than two years, he did two commercial real estate transactions and made more than 10X the amount he invested in the program.

This is what coaching does. It shrinks time for you and multiplies your results. Using a coach helps you get bigger, better results, faster.

A coach with the right experience, and a coach that has accomplished what you’re looking to accomplish, would have dealt with the problem or opportunity you are facing dozens of times — maybe hundreds of times — in a variety of contexts. They can help you get the results you want sooner rather than later.


Final Thoughts

Top professional athletes like Tiger Woods and Michael Phelps relied on coaches to get to the peak of their professional careers.

Coaching is what gives an edge to professional athletes, renowned musicians, and successful business leaders. 

So, there’s no question that you need it. 

Everyone who wants to accomplish great results faster needs a coach.

If you’re interested in coaching right now, here’s a simple next step. 

Schedule a call with me. In that conversation, you’ll find out if my coaching program is right for you. 

There’s no obligation, and you will likely walk away from the call with some clarity on how to move forward to a better financial future.


P.S. My week-long 5 days to financial certainly challenge is officially over now. However, you can watch the replays which will be available till early next week. In the videos, I’ve shared all I’ve learned about personal finance. You will learn how you can move from a place of uncertainty in a time such as this to a place of confidence and certainty with your finances.

Also, I will give you my brand new book, TAX-EFFICIENT WEALTH as a thank you for joining.

Join the Challenge here and get a FREE eBook version of my new book!

KGreen

The author KGreen

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