Swim Smooth Episode 22 - preparing your COVID-19 financial forecast is a little like a swim training program & entirely necessary!
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Mar 31, 2020 In a candid reflection, Paul shares his emotional response to sudden pool closures and zero revenue as a coach. He introduces the idea of applying swim training principles to financial forecasting. Listeners are encouraged to assess their financial status, categorize expenses, and model scenarios. Paul emphasizes the importance of planning over panic and exploring alternative income streams. With personal anecdotes, he highlights the lessons learned during this chaotic time and urges community support and patience.
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Panic, A Walk, And A Spreadsheet
- Paul froze before a Zoom session and had a panic attack, then a swimmer helped him regroup with a walk.
- That intervention led him to pause, plan, and build the financial spreadsheet with a friend.
Locked Out But Still Recording
- Paul and his wife got locked out of a physio clinic while filming shoulder-prehab content, forcing a plan B.
- He used the downtime to record the podcast intro in an empty car park.
Advanced Payments Are Dual-Edged
- Advanced payments from clients are both an asset and a liability you must plan for.
- Treat that