What Business Owners Doing In This Economy In Order To Not Just Survive But To Succeed and Thrive
Dina Buchanan began investing in real estate in 2002. She and her husband founded lifeworks ink, a residential firm where they began building, refurbishing, purchasing, maintaining, and disposing of single-family houses. Dina has led various entrepreneur ventures, including residential and capabilities ventures and, finally, realistic commercial firms. She is also developing a highly profitable property management firm. In today’s expert insight interview, John and Dina discuss “What Business Owners Doing In This Economy In Order To Not Just Survive But To Succeed and Thrive.”
This Expert Insight Interview Discusses:
- The importance of having a mentor or receiving input from others.
- Reframe your thinking and see difficult times as opportunities.
- Maintain complete company information.
Strengthen Your Business During an Economy Downturn
Financial management is only one aspect of strengthening your firm. It also contains ideas for retaining and expanding your client base, marketing your business on a budget, maintaining strong employee morale, and improving business processes. As company owners, many of us are all in, which means that our livelihoods and ability to care for our families depend on our company’s success.
Value is frequently discovered by going against the flow. This entails maintaining a good attitude even when things appear to be grim.
Turn Challenges Into Opportunities
The global crisis has caused economies to halt, providing firms with a once-in-a-lifetime opportunity to utilize tremendous hurdles to effect substantial change. It has exacerbated the inconsistencies and inefficiencies of many systems under high stress, providing enterprises with an opportunity to benefit from the unanticipated effects, the silver lining.
The pandemic’s challenges for businesses have seen them sustain productivity through digitized operations and refocus on new opportunities spurred by digitalization, which is seen less as an acceptable solution to a problem and more as a catalyst to change the business model creatively for the better.
John is the Amazon bestselling author of Winning the Battle for Sales: Lessons on Closing Every Deal from the World’s Greatest Military Victories and Social Upheaval: How to Win at Social Selling. A globally acknowledged Sales & Marketing thought leader, speaker, and strategist. He is CSMO at Pipeliner CRM. In his spare time, John is an avid Martial Artist.