Do You Even Need a Coach? Recognizing the Signs
You’re successful, driven, and operating at a high level—but something still feels off. Maybe you’re stuck, overwhelmed, or just not seeing the growth you want. You can use help to get to the next level. Hiring a coach could be the missing piece.
In this episode, Erik Garcia, CFP®, ChFC®, BFA™, and Dr. Matt Morris break down the difference between coaching, therapy, and mentorship, and how to self-assess whether coaching is the right move.
Episode Highlights:
- Matt recalls hiring a golf coach when he felt stuck and needed help improving his score. (01:55)
- Erik describes hiring a business coach after realizing there were skills he hadn’t yet developed. (05:10)
- Matt emphasizes the value of hiring a coach when you don’t know what you don’t know (06:27)
- Erik explains his natural drive to grow and his desire to learn from people ahead of him. (08:50)
- The two discuss how coaching can help with specific roadblocks or feelings of dissatisfaction. (12:43)
- Erik outlines how hiring a coach provided objective, emotionally detached insight for better decision-making. (14:00)
- Matt breaks down the differences between coaching and therapy, clarifying their distinct purposes. (18:00)
- They compare coaching to financial advising and mentorship, identifying key overlaps and distinctions. (20:45)
- Erik reflects on the loneliness of entrepreneurship and how coaching offers perspective and clarity. (28:51)
- Matt and Erik encourage listeners to explore coaching when feeling stuck, off-balance, or in need of accountability. (30:34)
Key Quotes:
- “Coaching is a strategic partnership between me, you, and someone else who just needs to tackle some roadblock in their work life.” – Dr. Matt Morris
- “Every individual should sit down with a financial planner at least once in their life.” – Erik Garcia, CFP®, ChFC®, BFA™
- “You can be content without being complacent. You could be content and still be ambitious to want to do something more.” – Dr. Matt Morris
