Kingston, R.I. · June 1, 2024 · One coach to another
Recently, my wife and I sat down with a financial advisor to talk strategy. We've busted our asses to get out of the paycheck-to-paycheck cycle, clawed our way out of debt, and now we want to automate and create pl...
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Leech Letters - Issue 22 - Lessons from Finance
Recently, my wife and I sat down with a financial advisor to talk strategy. We've busted our asses to get out of the paycheck-to-paycheck cycle, clawed our way out of debt, and now we want to automate and create plans for generating wealth for the rest of our lives.
After that meeting, we reflected on how far we’ve come. Two years ago, we had multiple credit cards with a good amount of debt on each. Four years ago, we were living at my mom’s house, having just taken a new job while my wife quit hers to go all in on her wedding photography business. Six years ago, I was scared to even discuss finances with her because there were months where I was barely in the black by the end of the month.
This journey has taught me a powerful lesson: We overestimate what we can accomplish in a day and underestimate what we can accomplish in a year.
This principle holds true in our coaching careers as well. Whether you're a seasoned coach or just starting out, it's easy to become frustrated with the slow pace of daily progress. We often want immediate results and acknowledgment, but real growth and success in our careers require patience, consistent effort, and long-term planning. Just as financial stability didn't happen overnight for us, achieving excellence and recognition in coaching is a gradual process that demands persistence and dedication.
Reflecting on our financial journey, there were many moments of doubt and setbacks. But each small victory built our confidence and pushed us forward. Similarly, in our coaching careers, each successful training session, each improved athlete, and each meeting with an admin executed well is a step toward a larger goal. The key is to keep moving forward, no matter how small the steps may seem.
Think about the goals you set for yourself as a coach. Are they focused on quick wins or sustainable growth? Are you fostering an environment where small, incremental improvements in your department are celebrated as part of a larger journey? As coaches, we need to remind ourselves to stay the course, even when progress seems slow. It's about laying a strong foundation today to reap the benefits tomorrow.
Just like in our financial journey, the path to becoming a better coach is filled with challenges and learning experiences. Embrace those moments of doubt and use them as opportunities to grow. Seek out mentors, attend workshops, and never stop learning. Remember, progress in your career is a marathon, not a sprint. Each small improvement in your coaching approach accumulates over time, leading to significant achievements.
So, as we continue to push the limits and strive for excellence in our coaching careers, let’s keep in mind that progress is about consistent effort over time. Embrace the journey, trust the process, and never underestimate the power of persistence.
Keep the fire burning,
Leech
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