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54: When to Consider Hiring an Executive Coach, with Kevin Wilkins

Release Date: 11/29/2018

MINISODE: Hurricane Hiatus - An Update on the Wealth by Design Podcast

Wealth by Design

Hello, loyal listeners! We wanted to let you know that we have a quick update on the podcast and a few things that are happening over at Toujours Planning right now. As you may know, we are a Lake Charles-based business and family, and our community, homes, and offices were devastated by Hurricane Laura in August.

MINISODE: Do You Need a Financial Advisor or a Certified Financial Planner™?

Wealth by Design

Do you need a financial planner? A financial advisor? An investment professional? A money coach? And what are those initials after their names?!

MINISODE: Are You Falling into This Stock Market Trap?

Wealth by Design

In this minisode, Dustin breaks down the Sir Templeton’s quote: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.”. He also discusses timing the stock market, why it’s a bad idea, and what you should do instead.

MINISODE: Should You Have a Joint Account with Your Partner?

Wealth by Design

We’ll keep the intrigue to a minimum. In our opinion, the answer to this question is a resounding yes. Sharing your finances with your partner builds trust. Keeping them separate can breed suspicion and worry.

MINISODE: When Stock Markets Dip and Bounce Back

Wealth by Design

In this minisode, Dustin recaps what a stock actually is and how stocks are bought and sold. He discusses how people’s emotions cause those peaks and valleys in the stock market, and how you can avoid that dangerous herd mentality when it comes to your own investing.

112: Growing a Business & Wealth with Katell and Jon of Reverielane

Wealth by Design

Katell and Jon, a husband and wife design team, are founders of Reverielane, a purpose-driven brand and web design firm.

[Summer Remix] 102: Net Worth is King

Wealth by Design

We talk about fear a lot on our podcast. Fear is natural and, TBH, necessary. But fear can also make you focus on the wrong thing when it comes to your net worth. Paying down debt rather than building up your assets, to be specific. And that’s what we discuss in this week’s episode: where our fear of the “debt boogeyman” comes from, our three-step strategy on how to overcome it, and what part of your finances you should be focusing on instead.

[Summer Remix] 101: Robo-advisors: Your New Best Friend or Your Worst Enemy?

Wealth by Design

The robots have taken over. Just kidding. But, they have taken over a major chunk of the financial industry in the form of robo-advisors. But the truth is, we think robo-advisors are actually pretty useful. Of course, there’s a time and a place to use them, which is exactly what we cover in this episode of Wealth by Design.

[Summer Remix] 100: High Yield Savings vs. Stocks: Who Wins?

Wealth by Design

There are a lot of misconceptions about investing in the stock market, thanks to fear-mongering in the news, horror stories from family and friends, and a lack of education about the stock market in general. Your fears may also be why high yield savings seems like the better option for your money. In this episode, we talked about the differences between high yield savings and stocks. We know you’re probably a big fan of saving because it’s “safe,” right? Well, we’re about to rock your world.

[Summer Remix] 98: Leaving Behind the “Punch Clock” Mindset

Wealth by Design

The concept of a punch clock — punching in to start a shift and punching out when it ends — is ingrained in many of us, even as business owners who write our own checks and make our own schedules. But it doesn’t have to stay that way! On this episode of Wealth By Design, we talk about how you can start changing your mindset and your life right now.

More Episodes

Have you ever thought of hiring an executive coach? Are you curious to find out more about what an executive coach does and how they can help you? Kevin Wilkins is the founder of Trepwise, a New Orleans based growth consulting firm that offers executive coaching to businesses, nonprofits, and individuals across all sectors of life. Kevin teaches us how to choose a coach, what questions to ask, and when is the best time to think about hiring an executive coach. Learn all about how you can improve yourself with coaching on this episode of Worth It.

Here’s What You’ll Learn

[2:22] Why did he start Trepwise?
[6:50] When is the right time to get a coach?
[12:04] Its an act of strength to ask for help
[14:12] What is the first step in coaching?
[17:17] How do you choose a coach?
[21:29] The first step is self-awareness
[24:09] How long does the coaching relationship last?
[26:07] What is the time commitment of coaching?
[31:24] New Orleans is an incubator for entrepreneurs
[40:33] Success comes from the journey

Why should you consider hiring an executive coach?

You may think that the different aspects of your life have nothing to do with one another, but every part of your life connects. All of your skills crossover and intersect in different aspects of life. An executive coach can help you maximize your life potential, they understand how to connect all the areas of a person’s life. Some people hire coaches to help them with accountability and to push them to be their best selves. Others are seeking a third party to talk to that can help them work through the issues that they experience at work and in other parts of their lives. Find out what an executive coach could do to help you make the most of your life on this episode of Worth It.

When is the right time to hire a coach?

People invest in their homes, real estate, the stock market, and their retirement fund without batting an eye, but they neglect to invest in themselves. Hiring an executive coach is not just about bettering your professional skills, an executive coach helps you to become your best you in all of the roles that you take in life. You may not think that you have the money to spend on an executive coach. But if coaching helps you be your best self, why aren’t you investing in you? When is it the right time for you to get an executive coach?--When you are ready to become your best self!

How do you choose an executive coach?

Choosing an executive coach is not the same as choosing your best friend. However, it is important to find someone you can trust. You need to find someone with the experience and background that you think can help you become your best self. It’s important to understand what coaching style will work best for you. Do you need someone who is tough or should they be aggressive? Maybe you need a coach who is more compassionate and ready to listen. Finding someone that is a legitimate coach can seem daunting with all the choices in the coaching world. Kevin has some great advice on how to find someone that can help you achieve your goals--spoiler alert: it’s not by looking in the phone book!

What are Kevin and Trepwise doing to reinvent New Orleans?

Kevin and his company, Trepwise are doing their best to help rebuild the city of New Orleans. He loves the entrepreneurial spirit that the city is brimming with. There are so many innovative nonprofit and for-profit companies in the city, even the public sector like education is taking on an innovative mindset. Kevin is doing his best to encourage entrepreneurial thinking to help reinvigorate the city. Although New Orleans is a mid-sized city he feels that there is a small community feel and he and his company do their best to foster connections and build relationships between different organizations.

Resources & People Mentioned

Connect With Danielle and Dustin

Connect with Dustin on Twitter: @DRGranger

Here’s What You’ll Learn

Why should you consider hiring an executive coach?

When is the right time to hire a coach?

How do you choose an executive coach?

What are Kevin and Trepwise doing to reinvent New Orleans?

Resources & People Mentioned

Connect With Danielle and Dustin

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