With the Coronavirus now impacting the lives of everyone across the globe it can be easy to get caught up in all the white noise, trying to work out what is fact from fiction. It doesn't seem like there are any COVID-19 Opportunities. For business owners, it has become a daily battle for survival. Only the strong businesses will survive this battle. In this post we took about 5 questions you should ask yourself to reset your business and uncover potential COVID-19 Opportunities.
Business owners who operate with a ‘business performance mindset’ understand that the only constant while operating a business is ‘change’. These business owners are playing a long game. They understand their business must have strong foundations to survive severe storms in the form of recessions, GFC’s, and now pandemics. These business owners, once they have their COVID-19 battle plan in place, are now preparing for the opportunity that will present on the other side.
Now is the time to look at this crisis as an opportunity to ‘reset’ the way we all do business. It is a time to reflect and review past performance to identify weaknesses, strengths and opportunities that will drive the ‘reset’.
Answering the above questions opens up more questions which leads to critical and creative thinking. This relates to who you are, how you do it, who believes what you believe, who do you serve, and ultimately is the business model financially sustainable.
Relating to financial stability, it is my 100% belief that all business owners must have 100% financial understanding of their business. At TheCUBE, we are passionate about helping business coaches deliver financial processes and understanding to ensure the long-term sustainability of their clients.
Now RESET and PREPARE for the OPPORTUNITY that will present. Then TAKE IT!
TheCUBE Founder & CEO
TheCUBE is a powerful business coaching platform allowing coaches and clients to work together easily.