https://www.darylwatson.org/wp-content/uploads/2021/04/Your-Trainer-today-Daryl-Watson-upside-down..-scaled.jpg 2560 1877 darlwatsmin https://www.darylwatson.org/wp-content/uploads/2019/03/daryl-watson.png darlwatsmin2021-04-08 06:47:492021-04-08 06:47:49My world has turned upside down
My world has turned upside down
In the last 12 months my work has literally turned upside down. Let me explain.
I’ve just submitted my year end financial records to my accountant ( Lauren – Hello Accountancy- she is great by the way) for the creation of my annual 20-21 management accounts. But I noticed some startling facts I’d like to share.
As an executive coach, facilitator and leadership trainer, my business model is simple. I have several associate relationships and direct clients of my own – thanks everyone! I travel around the UK, Europe and occasionally further afield, meeting lots of people and amass rewards points staying in hotels! Oh, and I love what I do!
Then the pandemic hit.
On 23rd March 2020, with the exception of 1 virtual delivery, my entire face to face workload disappeared overnight.
Now what I thought?
Quickly, with speed and agility, I changed my business model. I upskilled on a wide range of virtual platforms and work mostly from home.
Here are the startling facts on revenues which have remained similar….
- 2019-2020 – 95% of my revenue is face to face, with 5% virtual.
- 2020-2021 – 95% of my revenue is virtual, with 5% face to face.
My 100,000+ annual hotel points are now zero and my travel is mostly gone. I haven’t been on a plane for over a year.
There have been a few other challenges along the way, but I recognise that I am very fortunate too.
How have you had to adapt? How has your world changed?