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In the Loop with Andy Andrews

ITL149: The Difference Between Coaching and Mentoring

In the Loop with Andy Andrews

Matt Lempert

Business

4.9614 Ratings

🗓️ 6 September 2014

⏱️ 17 minutes

🧾️ Download transcript

Summary

On this week’s episode, I address a listener question on the distinction between coaching and mentoring.

The question we received is, “What are the differences between coaching and mentoring, and does the distinction really matter?”

  • I think the distinction does matter, at least financially.
  • Mentoring is less in your face, and it’s a little more guidance oriented.
  • When a specific relationship is outlined and you have a detailed goal, you are getting into the coaching area.

 

I’ve been mentored by people that don’t know it and people who are already dead.

  • George Washington Carver and Joshua Chamberlain have been mentors for me — people who have been written about or have a large volume of work that I can follow.
  • The length of time is a defining feature. I could coach you for 15 minutes, but mentoring is an ongoing process.

 

A buddy of mine a few years ago told me that his mom left him some money, and he was thinking about hiring a person he knows as a financial planner.

  • I asked how much money the financial planner made, and he said it was a lot like himself.
  • Wouldn’t you want someone with a higher level of financial success to guide the results you are after?

 

Questions for Listeners

Do you have a question? Call in and your question might be featured on the show!

  • Phone: 1-800-726-ANDY
  • E-Mail: InTheLoop@AndyAndrews.com
  • Facebook.com/AndyAndrews
  • Twitter.com/AndyAndrews

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to In the Loop, a unique opportunity to see life from a different perspective

0:06.5

with New York Times bestselling author, Andy Andrews. Now here's your host, David Loy.

0:13.0

Hi and welcome to In the Loop with Andy Andrews. I'm your host, David Loy, and I am lucky enough

0:18.8

to be sitting across the table today. David Lloyd from Andy Andrews.

0:23.4

Andy, you get to look at my face today. Yes, I do. Oh my gosh. Normally you're just staring at a

0:29.7

screen. We're both staring at screens. I love doing this though when I am actually here in Nashville.

0:36.3

Yes. And we love having. Franklin, wherever we are. Franklin, yes. To me, it's Nashville. It's basically all the same. Yeah. Right. That's why I say I'm from Dallas. Tennessee, it's all, yeah, it's all Nashville. Dallas, it's Nashville. Oh, that's, I was, I always say I was born in Dallas, but I grew up north of Dallas,

0:56.9

but everybody from Dallas says, I'm from Dallas.

0:59.9

That's not the same.

1:01.0

Not the people in Fort Worth.

1:02.8

Well, that's true.

1:03.6

Boy, they don't.

1:04.8

You can say to those people, so, do you like living in Dallas?

1:09.2

I don't live in Dallas.

1:10.4

I live in Fort Worth.

1:12.1

It's like, okay, I'm sorry.

1:15.1

Is that the same in Orange Beach?

1:17.2

Oh, yeah, it is.

1:18.1

I do the same thing.

1:19.3

Because I'll say, I live right on the Florida, Alabama line, far south as you can go.

1:24.7

And they go, oh, you live in Gulf Shores.

1:26.3

No, I live in Orange Beach.

...

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