EPISODE · Jul 4, 2022 · 4 MIN
197 - Compound Interest
from Every Coach Needs A Coach · host Coach Kelli
Jeff Jansen is a sports psychologist who has worked with college and professional teams and has a leadership program and books on developing teams, culture, and leaders. He was on Brian Cain’s podcast (Link below) and spoke to how the coach at UNC baseball Vacated every Wednesday of fall ball to teambuilding activities. And the coach admitted he felt like he was going to get behind because they were not spending time on the field. That spring, they played for the national championship. They ended up losing, and the coach credits the fact that they got that far to the investment they made in building their team in the off-season. They dedicated that Wednesday to becoming a team, rather than developing their baseball skills. He mentioned that he had a team that played for each other, not just with each other. Jeff Jansen Frames this as an investment. I intend to at least talk about the stock market and investing with my kids this year. The whole idea of investing as you put something aside, with the intention that it will grow and help you down the line. Not that it will necessarily help you or feel good right now. My challenge for you is to look at the things that you do, and decide what's gonna give you compound interest. I like to use the example with Soccer. It doesn't matter how good we are at shooting the ball or scoring goals, if we can't receive it, and move with it We won't get a chance to get the ball close enough to the goal to show how good we are shooting and scoring. If we spend the first few days of practice emphasizing receiving the ball and possessing it, weeks later that skill will have gotten better, and will have gotten us more chances to put the ball in the net. My challenge for you is to decide personally and in your coaching world what skills are you going to collect compound interest on? https://open.spotify.com/episode/5kUJmxZYHk0UC6PdBNTe1R?si=0aa8f7e88834451b
What this episode covers
Jeff Jansen is a sports psychologist who has worked with college and professional teams and has a leadership program and books on developing teams, culture, and leaders. He was on Brian Cain’s podcast (Link below) and spoke to how the coach at UNC baseball Vacated every Wednesday of fall ball to teambuilding activities. And the coach admitted he felt like he was going to get behind because they were not spending time on the field. That spring, they played for the national championship. They ended up losing, and the coach credits the fact that they got that far to the investment they made in building their team in the off-season. They dedicated that Wednesday to becoming a team, rather than developing their baseball skills. He mentioned that he had a team that played for each other, not just with each other. Jeff Jansen Frames this as an investment. I intend to at least talk about the stock market and investing with my kids this year. The whole idea of investing as you put something aside, with the intention that it will grow and help you down the line. Not that it will necessarily help you or feel good right now. My challenge for you is to look at the things that you do, and decide what's gonna give you compound interest. I like to use the example with Soccer. It doesn't matter how good we are at shooting the ball or scoring goals, if we can't receive it, and move with it We won't get a chance to get the ball close enough to the goal to show how good we are shooting and scoring. If we spend the first few days of practice emphasizing receiving the ball and possessing it, weeks later that skill will have gotten better, and will have gotten us more chances to put the ball in the net. My challenge for you is to decide personally and in your coaching world what skills are you going to collect compound interest on? https://open.spotify.com/episode/5kUJmxZYHk0UC6PdBNTe1R?si=0aa8f7e88834451b
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197 - Compound Interest
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