Eben Pagan is a husband, father, investor, art collector, and coach. He started his online business in 2001 from his bedroom with just a computer, selling an eBook of dating advice. He built his company to 80 full-time employees, and $30 million in sales, 100% virtually, with no office. In 2007, he offered his first course on how to grow a business to the $10 million per year level called Altitude. He has been interviewed by Tony Robbins, Larry King, and others on how to find opportunity and build a successful company.
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Guest Resource
Coach Expo 2023 – Unlock the next level in your coaching practice with the “best of the best” in the world – success leaves clues, and they’ll show you the way! It’s 100% virtual!
3 Value Bombs
1) Attaining peak success can transform you into your best self.
2) It is not about getting things for yourself; it is about understanding the challenges, desires, and needs of others.
3) Generative AI is even more meaningful; professionals, entrepreneurs, and coaches must start using and practicing it.
Sponsors
HubSpot: The HubSpot Sales Hub supercharges your sales process so you can find, track, and close deals all in one powerful, easy-to-use platform. Make the switch to HubSpot Sales Hub at HubSpot.com/sales.
Belay: Download Belay’s Delegation Guide for free and learn six specific things that busy leaders must start delegating to take their leadership – and results – to the next level. Text FIRE to 55123 today!
HelloFresh: America’s #1 Meal Kit! See for yourself: visit HelloFresh.com/50eof and use code 50eof for 50% off plus free shipping!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Becoming a coach of the future – Intro to A.I. with Eben Pagan
[2:39] Eben shares something he believes in that most people disagree with.
- As you achieve higher levels of success, you can improve in various aspects of your life, such as physical health, emotional well-being, mental growth, and financial prosperity. Attaining peak success can potentially transform you into the best version of yourself.
[3:43] – Eben shares the secret to building a successful business.
- He grew up in rural Oregon, and he was penniless. He had no exposure to wealthy or successful people. He used to think that rich individuals were not very nice.
- This is a common belief for many people. Coming from this background, you may not realize that achieving success involves generosity and creating significant value for others.
- It is not about getting things for yourself; it is about understanding the challenges, desires, and needs of others.
[5:10] – What are some critical keys to success when running a business in an online environment?
- In this new world of remote work, productivity can be challenging. You must control your time, attention, and establish effective routines and boundaries to succeed.
- Continuous learning. The internet provides access to vast knowledge, and now, with generative AI, you can learn even faster. Dedicate time every day to learning and self-improvement.
- Success is linked to the number of well-thought-out experiments you conduct.
[7:55] – Why did you become a coach after being an entrepreneur and investor?
- Eben is a coach, and sometimes people have misconceptions about coaching. For him, coaching has been a consistent passion in his life. He started learning about coaching from great mentors like Tony Robbins and Thomas Leonard.
- As he applied what he learned in various aspects of his life, including his business and teaching, he realized that coaching was something he truly enjoyed and found fulfilling.
- Around six or seven years ago, he started teaching others to become coaches.
[9:37] – A timeout to thank our sponsors!
- HubSpot: The HubSpot Sales Hub supercharges your sales process so you can find, track, and close deals all in one powerful, easy-to-use platform. Make the switch to HubSpot Sales Hub at HubSpot.com/sales.
- HelloFresh: America’s #1 Meal Kit! See for yourself: visit HelloFresh.com/50eof and use code 50eof for 50% off plus free shipping!
- Belay: Download Belay’s Delegation Guide for free and learn six specific things that busy leaders must start delegating to take their leadership – and results – to the next level. Text FIRE to 55123 today!
[13:14] – Eben defines what a coach is and how coaching should work.
- Many people misunderstand what coaching is. They think it is about a coach telling clients what to do, which can lead to problems and insecurity for the coach. However, actual coaching involves the coach asking the client what they think they should do. Clients often know the right course of action, but may struggle to follow through.
- The coach’s role is to facilitate and support the client in taking action.
- Coaching is about supporting individuals through transitions or changes in their lives.
[17:51] – How much do coaches make?
- Around a decade ago, the International Coach Federation (ICF) conducted a study involving life coaches in their network. The study revealed that, on average, life coaches were earning $214 per coaching session.
- This discovery had a significant impact on the coaching industry.
- Subsequently, a Harvard Business Review article provided more insight. It showed that executive coaches specializing in high-end business coaching earned an average of $200 to $500 per hour, with a median rate of $500 per hour.
[19:14] – What is the Future Coach Program, and for whom did you create it?
- Eben believes everyone should learn coaching skills.
- Successful people are realizing that coaches can accelerate their growth and success. Many highly accomplished individuals have multiple coaches.
- Coach Expo 2023 – Jump into Eben’s Coach Expo 2023 FREE! It’s going down right now thru Nov 6, and you’ll learn how to build or launch your virtual coach or teaching business online with 21 of the top coaches in the world! It’s 100% virtual, so you can attend live from everywhere!
- Coaching skills are valuable personally and professionally and can help accelerate personal growth and success.
[22:16] – Eben’s key takeaway.
- If you have not started learning and working with generative AI, now is the time. This is a critical moment.
[23:43] – Thank you to our Sponsors!
- HubSpot: The HubSpot Sales Hub supercharges your sales process so you can find, track, and close deals all in one powerful, easy-to-use platform. Make the switch to HubSpot Sales Hub at HubSpot.com/sales.
- Belay: Download Belay’s Delegation Guide for free and learn six specific things that busy leaders must start delegating to take their leadership – and results – to the next level. Text FIRE to 55123 today!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!