Profit by Design 234: When Crisis Strikes: How to Use Crises to Strengthen Your Business
If you’ve been a business owner for any length of time, you will relate to today’s topic. We have all had those times when crisis strikes, like a severe illness in your family or team, a key team member quitting unexpectedly or even a global pandemic. We are usually moving along and making progress when these things happen, and we shift into survival mode, putting our heads down to do what we must to do keep the business afloat. The problem is that we drop our goals and our larger vision, which turns into a significant setback in the business. I want to challenge you during those times of crisis to look for the opportunities within the situation to make yourself and your business even stronger. Let’s take a closer look in today’s episode!
Profit by Design is a Tap the Potential Production Production.
Show Highlights:
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How a common example of a business crisis can be turned into growth opportunities, like when a key team member unexpectedly quits
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Why it’s important to manage the crisis quickly and get the business back on track
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How there are powerful opportunities for reflection about what contributed to the crisis
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How a personal crisis brings opportunities for you to ask powerful questions about the support you need, what tasks you can drop, and who you can get to help you manage the situation
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Why a business or personal crisis is NOT the time to pause coaching
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Why support and accountability become even more important to entrepreneurs during a crisis
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Why increasing your time for self-care and being with those you love become more important than ever during a crisis
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Powerful questions to ask yourself when you encounter a crisis and get pulled into the survival trap
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