Entrepreneur, designer and public speaker Baroness Michelle Mone OBE started life in the East End of Glasgow with few resources, leaving school at 15 with no qualifications. She’s built a career from being bra designer and founder of Ultimo Lingerie to be one of the most well-known entrepreneurs in the UK. Here she shares her secrets of success and resilience, and how companies can cope during the Covid-19 crisis.
1.Ask for help
If you are struggling, speak to your accountant, business adviser or peers and ask for advice. Be prepared to seek advice.
2. Don’t be embarrassed
Communicate with your clients or customers, tell them that you would really appreciate their help and to be paid on time. Small businesses can ask bigger businesses for support. Ask for exposure and shout outs online and chase up some good reviews. If you don’t ask, you don’t get!
3. Diversify
Think of other valuable skills that you have. Ask customers if there is any other type of service you can provide. We all need to be as creative as we can.
4. Communication
Communication is key with your team and customers. You can still have meetings using Zoom or Skype.
5. Change
We all have to change how we work now. Whether we work remotely or not it’s all hands on deck without your usual company hierarchy. If necessary consider a staggered approach to going into the office, warehouse or depot to ensure social distancing. Can you sell online or via social media? Just think about new ways you can still trade.
6. Organise
Are you able to stockpile your products? Use this time to get your office, warehouse or workspace clean and organised. For example, do a stock check, organise your files, move your office around. Think about the things you would love to do but are always too busy. Use this time effectively as this crisis will be over soon.
7. Think and Plan
You may now have some time to think about the future, focus on innovation and reassess your goals. Sometimes on the day-to-day hamster wheel of work you don’t get time to think about the future or your goals. You should also plan how to come back after all of this is over, especially if you predict a bounce in your industry, will you be ready?
8. Be Responsible and Kind
Be kind to your employees if you have them, and employees will be kind back. You all need to work as a team so think about how you can all help the company in order to survive. We need to change the way we work now, stick together and stay caring.
Source: Business Insider Want More? Check Out Our World-Class Virtual Learning and Event Solutions…
Pendulum Inspired Leadership Programme:
A world-class online and interactive learning experience that focuses on 8 core modules pertaining to Self-Empowerment, High Performance, Leadership, Goal Setting, Emotional Intelligence, Creativity, Innovation, Communication and more.
For more info visit pendulumuniversity.com
Pendulum Talks:
We believe learning should excite you, exhilarate you, captivate you, and should be juicy enough to tempt you for more! Pendulum Talks works with a host of global visionaries, entrepreneurs, leadership experts and motivators to deliver world-class content and game-changing insights directly to you.
For more info visit pendulumtalks.com
Virtual Event Solutions:
Virtual events provide an excellent way to bring people and brands together during these unique times. They can even open up your brand to new audiences with global reach, accessible content, and excellent ROI.
Our expert team can put together a highly professional audiovisual package for your presentations, complete with slideshows, Q&As, polls, and other features, alongside a full suite of analytics. Our virtual event management will take consumer and personnel safety to high standards without compromising your brand message.
Virtual events are accessible, budget-friendly, and truly scalable, suitable for events of any size and audience.
Get in touch today by email welcome@pendulumsummit.com
