Every business owner hopes to reach the peak of business success. You know, when you’re just crushing it—when smooth operations and growing profits allow you to breathe a satisfied sigh of contentment and pride. This year that feeling may seem farther from your reach than ever. A slower economy and a world trapped in daily self-distance protocols may leave you feeling directionless and disconnected.
But, remember what Albert Einstein once said, “In the midst of every crisis, lies great opportunity.”
Here are seven ways to ride out the pandemic and come out on top.
1. Leverage the Power of Internal Champions
Every business needs internal champions. Internal champions are those team members who know every detail about your business and can provide intelligent feedback and well-informed advice. When it’s time to make important decisions in your business, you want the support and opinion from those internal champions.
Many business owners make the mistake and surround themselves with “yes men.” What’s the point of having people only agree with you? Decisions should never be made in a vacuum. You’ve hired (or should have hired) people with their own experiences and insights, so listen to them. If you’re not sure you have internal champions, now is a good time to find out.
Coach employees and build a bench of proficient team members. Encourage debate in your business and you’ll reap the rewards by knowing you’ve thoroughly vetted the crucial decisions in your company.