Footy Lessons to Finance Lessons

October 4, 2022

~ The Cats prove that perseverance and process will bring results ~

The recent AFL Premiership win by the Geelong Football Club, while providing footy followers with great inspiration, it also allows us to reflect on the lessons learnt and how we as individuals might apply these sporting principals across other areas of our lives, with a particular focus on finances. Of course, this does not only apply to AFL but to any sportsperson who has reached a pinnacle in their career. However, as the AFL Grand Final is barely in the rear vision mirror in Geelong and Melbourne, we will be focusing on the recent Premiership win by the cats and some of the lessons we can learn.

It was coach, Chris Scott’s 2nd Premiership win at Geelong with his first win being back in 2011. During this period, he had five heartbreaking preliminary final defeats and one grand final losses. This highlights that the path to success cannot exist without failures but with a commitment to a process and self-belief we can move through obstacles when they can and will present themselves. When we are faced with obstacles to our investment goals it is important to remember to keep our eyes on the long term and stick to our process and plan as evidence shows this is key to success. https://www.incomesolutions.com.au/emotionally-handling-downturns/.

Geelong captain, Joel Selwood told a reporter “They’re so hard to win.” While many teams and players will have the stated goal of one day winning an AFL Grand Final, it is usually those applying and developing processes and everyday work habits that may actually achieve it https://www.incomesolutions.com.au/creating-good-money-habits/  . Remember, having a goal to retire at 40 is unlikely to be achieved without the right support, plan and discipline.

“We had a plan and we stuck to it” was a phrase often stated by players and coaching staff in the media. Starting off with a plan is a great idea and committing to a process to follow it, however the need to review and update it is important too. It was Geelong’s plan to play Max Holmes but because of injury the plan was readjusted to include Mark O’Connor instead. They were prepared for things to not go according to plan with match ready players and strategic recruiting. Much like being prepared for an unbudgeted expense and insuring you have adequate strategic savings for those ‘rainy days!

The constant striving by the Geelong Football Club to be better has had the wonderful corresponding effect of also changing and improving the lives of the broader Geelong Community, membership, fans, family, and friends. Footage of proud families, ecstatic fans, and the general vibe around town in Geelong shows us that powerful ‘ripple’ effect. Striving for financial security doesn’t just change and improve our own lives as individuals, it makes the lives of the people around us better too, continuing the ripple effect! https://www.incomesolutions.com.au/the-power-of-striving/

Lastly, the best broader life’s lesson comes from the co-captain of the Sydney Swans, Dane Rampe who was the perfect example of how to keep it classy when things do not go your way. His gracious comments in the runner up speech paying tribute to Geelong Captain Joel Selwood:

“I just want to touch on Joel Selwood’s record as well – sometimes you just have to pinch yourself when you share the field with the giants of the game mate, and you’re an absolute giant – congratulations.”

The above demonstrates that rising above a situation in the moment when you are hurting or defeated, enables you to think with clarity and empathy, leading to good decision-making. This is a powerful lesson as we will probably fail as much as we win!

The lessons learnt from the Cats recent Grand Final win could go on and on as there are just so many examples and highlights. However, the lessons learnt to achieve this success are general principals and these are no different when applied to financial success and financial security. As the Cats needed their coach and expert specialist support, so too do individuals when they are planning for a financially secure future. Taking to the ‘finance field’ with Income Solutions can give you the expertise and specialist support you need to reach your personal financial pinnacle.

Referenced for this article:

https://www.afr.com/companies/sport/geelong-thrash-sydney-by-81-points-to-claim-afl-premiership-20220924-p5bkq8

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