In a car race championship, if you're trailing behind and want to win the race, what do you think you can do? Nope, accelerating won't help, because you're already pushing your car to its limits and so are all others. So, how will you win? Well, you can. Read on to find out how.
Drawing a parallel to the business world, perhaps you have strong growth plans but the competition is doing better than you. Your company is hustling every day, your teams are giving in all they have got and your competition is still ahead. So, how will your Brand win? Wish there was Nitro in real world too.
If you want to take the lead and win in the car race, the only opportunity you have are the corners of the circuit — where every one will slow down. You too, have to slow down, but accelerate harder and quicker than others. That's your only chance. Don't miss it.
In business, if you want to be the industry leader, or start a new business — NOW IS THE TIME. Use this economic slowdown to your advantage. Everyone else around you is slowing down. Go Zag, when the world goes Zig. While they cut down on expenses with layoffs, you should be brainstorming on your next move, invest in Branding (the best time to do it), scale up your digital presence, revamp your website, build strong customer relations, plan diversification and international expansion of your business.
If you’re like us, you’ve always prided yourself on a particular process and/or a certain way of doing things. We immensely respect your commitment to who you are and how you work. But, unique circumstances demand unique responses. Don’t be afraid to adapt your perspective, shift processes, offer online ordering, and refocus on how your business can maintain cash flow and build momentum for the future. Who knows? You may find a new, profitable revenue stream as you adapt and shift your business that you can take with you long into the future.
The worst thing you can do is panic right now. Remember what got you here. Rest easy in that, while we don’t know how long things will be this way, it is temporary and there is a return to normalcy at the end of the tunnel. Understandably, we’re all refocusing and shifting to survive and sustain something none of us have really faced before. No one has all the answers, and “figuring this out” looks very different for each of us — but don’t panic. Take things in stride. Be open to change and new ideas. Be flexible with what you may have to do to sustain and thrive in the near term so you can sprint out of the gate when things return to normal.
Our only request is DON’T SLOW DOWN! Put the pedal to the metal. This is your only chance, until the next recession.