The Game with Alex Hormozi Why Coaches Get So Much HATE | Ep 226
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Aug 4, 2020 Discover why coaching can quadruple your success, yet still attracts criticism. Dive into the psychology behind how favors impact perceptions over time. Learn about the importance of acknowledging contributions in coaching relationships for mutual growth. Hear testimonials that highlight the value of mentorship. Finally, embrace the lessons from diverse experiences that shape resilience and development.
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Coaching Impact
- People with mentors/coaches experience 4x greater success than those going solo.
- This data-backed insight highlights the significant impact of guidance on achievement.
Favor Perception Bias
- The perceived value of a favor decreases for the receiver over time, while the giver's perception increases.
- This 'favor perception bias' explains why some coachees later downplay a coach's impact.
Timely Reciprocity
- Ask for testimonials or favors in return immediately after helping someone.
- Their perceived value of your help is highest right after receiving it.
