This is pretty much just a riff on the Hero's Journey which is a very common narrative structure, featured a lot in Jung's psychology and just about every (fantasy) epic.
Michael Moorcock hated the hero’s journey stuff and the identikit generic material it engendered. He wrote his fantasy fiction in ways that deliberately broke all the tropes and patterns, to great effect.
https://en.wikipedia.org/wiki/Hero%27s_journey