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How to Change Your Business Model in Uncertain Times
Podcast |
The Future Belongs to Creators
Publisher |
ConvertKit
Media Type |
audio
Podknife tags |
Business, 
Entrepreneurship, 
Interview, 
Management & Marketing
Categories Via RSS |
Arts, 
Business, 
Marketing
Publication Date |
Apr 06, 2020
Episode Duration |
00:30:09

COVID-19 has forced businesses to change almost overnight. But this isn’t just about our current circumstances. Adaptability is always important.

This means understanding how to be accessible despite new hurdles. It’s about being flexible and nimble as a business so you’re ready and capable when rapid changes occur.

Main takeaways

  • Try new things. Restaurants have switched their model overnight. Many offer curbside pickup or free delivery where they previously didn’t. Menus have also been modified to cut costs while maintaining quality.
  • Prioritize the changes you want to make, so you can make them at your own pace. Many businesses have moved online. While some were already planning to do this, others have been forced to before they were ready. Changing at your own pace is always better than having it forced upon you.
  • Learn to adapt quickly. Event companies have had to change their model entirely. They’ve had to learn how to operate with new dynamics at an incredible pace. Those who can’t adapt, or do so slowly, will struggle to get their businesses back on track. 

Creators of the day 

Resources of the day

Thought of the day

“It’s a time when it would be really easy (if your career is falling apart, if your business is falling apart) to just want to curl up in a ball, and that’s totally understandable. But if you can stay in the game and keep your head right, you’ll always have options.”  ~ @BarrettABrooks

Stay in touch

COVID-19 has forced businesses to change almost overnight. But this isn’t just about our current circumstances. Adaptability is always important. This means understanding how to be accessible despite new hurdles. It’s about being flexible and nimble as a business so you’re ready and capable when rapid changes occur.

COVID-19 has forced businesses to change almost overnight. But this isn’t just about our current circumstances. Adaptability is always important.

This means understanding how to be accessible despite new hurdles. It’s about being flexible and nimble as a business so you’re ready and capable when rapid changes occur.

Main takeaways

  • Try new things. Restaurants have switched their model overnight. Many offer curbside pickup or free delivery where they previously didn’t. Menus have also been modified to cut costs while maintaining quality.
  • Prioritize the changes you want to make, so you can make them at your own pace. Many businesses have moved online. While some were already planning to do this, others have been forced to before they were ready. Changing at your own pace is always better than having it forced upon you.
  • Learn to adapt quickly. Event companies have had to change their model entirely. They’ve had to learn how to operate with new dynamics at an incredible pace. Those who can’t adapt, or do so slowly, will struggle to get their businesses back on track. 

Creators of the day 

Resources of the day

Thought of the day

“It’s a time when it would be really easy (if your career is falling apart, if your business is falling apart) to just want to curl up in a ball, and that’s totally understandable. But if you can stay in the game and keep your head right, you’ll always have options.”  ~ @BarrettABrooks

Stay in touch

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