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Published on:

22nd Aug 2024

Coaches Have Coaches Too | Ep 5

The Value of Coaching

In today’s episode, Arjun Dhingra dives into the importance of mentorship, exemplified by the iconic Tony Robbins who himself had a coach, Jim Rohn. We explore why even the most successful leaders and coaches seek guidance, the significant investment in coaching, and key criteria to consider when choosing a coach. Insights include the necessity of coaches having their mentors, the benefits of ongoing personal development, and the true value of expensive coaching. Tune in to understand why coaching is indispensable and how it elevates personal and professional growth.

Let’s get to the show!

Timestamps:

(00:00) - The Importance of Coaches Having Coaches

(00:37) - Tony Robbins and the Legacy of Jim Rohn

(01:32) - Personal Experience with Coaching

(03:22) - The Value of Investing in a Coach

(06:37) - Criteria for Selecting a Coach

(08:12) - Conclusion and Teaser for Next Episode

Welcome to the LFG Energy podcast! Your host, Arjun Dhingra, is a two-time Taekwondo world champion and the former Team USA co-head coach. He is a 23-year mortgage veteran of the industry who loves influencing change in people.

This podcast is about the stories and lessons of those who have had their backs against the wall and have ultimately overcome. Former Olympians, coaches, entrepreneurs, and incredible human beings will share their experiences of resilience and beating the odds in spite of adversity so that you too can learn to start doing the same in your life.

Connect with Arjun:

▶️ LinkedIn | Instagram | Website


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Transcript
Arjun:

If you work with a trainer in a gym, your trainer hopefully trains themselves. They're not out of shape, and we all know there's plenty of them that are out there because we see them in gyms all the time.

But if your coach or trainer actually continually goes to receive more education, tries to get sharper at what it is that they do in this health and wellness space, if they have a trainer themselves or someone that pushes them, you know you are working with someone that is never going to stop growing. They are obsessed with growth, they're obsessed with getting better.

And ultimately that is going to rub off on you because you're being coached by that person. Did you know that?

One of the biggest public figures and operators of coaching, influential figures in personal development on a global level, I'm not even talking small, but a global level. He has coached and helped presidents.

He has influenced global leaders, flown with people that have led revolutions in certain countries, not to mention hosted and coached people in auditoriums that have up to 100,000 people standing and screaming at one point. Did you know that this person actually has a coach, too?

It would probably shock you to hear that Tony Robbins actually has a coach or had a coach before he passed away, and that was Jim Rohn. Coaches have coaches. In fact, the best and most effective leaders have somebody that they seek mentorship from.

They never believe that everything stops with them or that they are the end all, be all.

to and have worked with since:

And I, as a coach for Team USA when I was coaching, or as someone who coaches in the mortgage and professional space, as someone who has a podcast, I've got people that I look up to, I got people that I seek mentorship from. I have people that I need to learn from.

And because it's a beautiful expression that I heard as a taekwondo student, and it is part of the student instructor creed or relationship. And it says that a good student never tires of learning. He is ready to learn anytime, any place.

And on the teacher side, a good teacher never tires of teaching. He is ready to teach at any time or any place. This, to me is a beautiful harmony between those who seek to learn and those who seek to teach.

Because when those two come together and we have this cycle, it only lifts society it only makes the world a much, much better place because everyone is constantly trying to get better at their craft.

So for me, I know that the best and most effective coaches out there, whether it's in athletics, whether they coach at the executive level, whether they are part of sales teams or operations, CEOs of companies, whoever it might be, that's at the helm, or in a position of leadership or influence, if they are not seeking counsel, if they are not seeking mentorship, if they are not seeking growth and advancement from somebody bigger than them or just somebody outside of them, their growth will cease.

At some point, there will be a cap or a very low ceiling on how that person will develop and ultimately what they're going to be able to give back to you, who is either learning from them, working with them, working for them, or being coached by them.

So if I'm seeking a coach out there, and if it's any one of you that's on the other side of that, that's listening, that's seeking to work with a professional coach, a life coach, a business coach, an athletic coach. Think of your trainers, right? If you work with a trainer in a gym, your trainer hopefully trains themself. They're not out of shape.

And we all know there's plenty of them that are out there because we see them in gyms all the time.

But if your coach or trainer actually continually goes to receive more education, tries to get sharper at what it is that they do in this health and wellness space, if they have a trainer themselves or someone that pushes them, you know, you are working with someone that is never going to stop growing. They are obsessed with growth, they're obsessed with getting better.

And ultimately that is going to rub off on you because you're being coached by that person. Now, the coaching space is extremely saturated because, let's be honest, there's no credentials required.

And it's a pretty low barrier of entry, right? Like anybody can become a coach. And with social media, it's pretty easy to start marketing yourself as such.

The industry, as a result of all of this saturation, it gets shit on a lot. And a lot of people figure, well, I don't need a coach. Why would I want one? There's so many of them out there. Can they really be that valuable?

If there's one literally, in my social media feed, every other account that I scroll by. So here's my answer on this. Like the old phrase goes, when it comes to consumer behavior, you get what you pay for.

There's value in something that you might pay a lot for.

I think that definitely applies to coaching because again, some of the best coaches in the world, one of who I referenced on this podcast at the very beginning of the segment, which is Tony Robbins, has spent hundreds of thousands, if not millions of dollars himself.

In fact, I'm pretty sure it's in the millions category on coaches and development himself, because he constantly wants to learn, he wants to translate that and then give that out to his audience so that he is always staying sharp, so that he's never getting boring or stale with what he does. So those are the kinds of coaches that you ultimately want to seek out. But in terms of what you pay for in this space, it's going to be just that.

ach that I've been with since:

monthly retainers I paid and:

That is categorical bullshit. I will never not have a coach. In fact, I told this guy this just a few years ago that I'll never not be with him.

He's going to be in my life because he has unlocked things with me that don't necessarily show up on the bottom line, when in fact they actually have, many years later, of course. So the investment has been returned many times. X. But he's helped me out with making small tweaks in my life from a personal development standpoint.

He's helped me out in my martial arts development. He was responsible for two of the three gold medals that I ultimately won as an international competitor. He's made me a better human being.

He's actually helped make me a better husband.

That value I cannot put a price tag on, which is why coaching matters and why working with coaches, more importantly, who they themselves have coaches, counts for even more. So if you are selecting a coach, here are three simple criteria that I would make sure you actually are paying attention to when deciding.

The first one is selecting a coach that is much further ahead. They have lots of frames of reference. Success have been through highs and lows so they can share that with you.

And also, more importantly, they are very dynamic in that scope of work that they've conducted.

What I mean by that is that they are not singular in just business coaching, but also have aspects of life coaching or personal development that are going to make you a better individual, a better father, a better husband, a better overall human being, while figuring out ways to make more money and being sharper at business. That is a good combination. And coach number two is that they are expensive.

And I don't mean pick the most expensive one out there and stretch yourself to the point where you're completely stressed out. But look for coaches that actually charge a decent amount and really peel back layers and inquire as to what actually is making them so expensive.

What types of clients have they worked with? What types of successes are they yielding for those that they choose to coach?

Lastly, and it was how we opened this podcast, ask that coach straight up, do you yourself get coached? Do you have a coach?

If the answer is no, pass on them, in my opinion, this is someone that does not seek to grow themselves, feels that they may know it all. There is a quote that human beings are all merely works of progress who mistakenly think at times that they are done.

Nothing could be more powerful than this as a human being or as a coach. If you are continually trying to evolve, you are going to be a much more effective coach, but overall a better human being.

And who doesn't want to be around those types of individuals? On the next episode, we're going to change it up a bit and talk about how the setback ultimately sets up the comeback.

So tune in for the Rocky three moments.

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About the Podcast

LFG Energy Podcast
Welcome to the LFG Energy podcast. My name is Arjun Dhingra. I am a two-time Taekwondo world champion and the former Team USA co-head coach. I am also a 23-year mortgage veteran of the industry, but regardless of whatever hat I'm wearing, I love influencing change in people, taking them from one place to another.

This podcast is about the stories and lessons of those who have had their backs against the wall and have ultimately overcome. Former Olympians, world champions, coaches, entrepreneurs, and incredible human beings will share their experiences of resilience, beating the odds and winning in spite of adversity.

So that you too can learn to start doing the same in your life. Thanks in advance for checking out episodes. I hope you enjoy it and let's get to the show.