Do you know, what Impact this COVID19 will have on Business Community?

Hello all, I want to talk realistic, as being positive and neglecting the sensitivity of the situation is a foolishness. This period of pandemic need to be understood as another version of World War...here the enemy is the CORONA virus which cannot be seen through naked eyes. But the impact on our lives are just like what happens during war. Here everyone need to show utmost maturity and patience to face this period of instability arising due to this pandemic. Few points which I have outlined for business community:

1) There will be new normal criteria for Business. Online business will be new normal, work from home will be new normal, taking extra precautions in meeting people will be new normal, avoiding public transport and travelling will be new normal.

2) The lay-off in the jobs will be a new trend. Everyone will need to understand that there will be abnormal business revenue generation which will disturb the cashflow and hence possibilities of people loosing their jobs will be very high. And salary cuts even upto 70% can be a new normal even after lockdown is removed.

3)Vaccines will take its own time, and I don’t see it happening in 2020. So avoiding unnecessary travelling and showing immature courage that nothing can happen to you should be corrected and not promoted.

4) Don’t be impatient during this period in business and also do not try to change your business all-together in different industry. You may see this as an opportunity but it will eventually turn into your biggest blunder as every industry is going to be affected in one way or other.

5) Have a one year plan and strategy to survive this tough period. I have already started to guide my clients on this and they have started seeing the benefits of my guidance as things are unfolding the way I have analysed; as I don’t believe in Predicting but to Analyse and see the things which majority of population lack in doing.I have seen people talking about various different ways of doing business and taking the benefit of this Lockdown, etc, but I advice not to succumb to such things and try to show more resourcefulness instead of getting influenced or motivated by Youtubers or various other expert motivators.

Once again take my views in right spirit and can be an eyeopener.

I have been researching and doing surveys and being Business Coach I am able to analyse the scenario and guide the Businessman on planning and implementation of the required strategies for surviving this tough period. Pl feel free to contact me for your Business Support. Always there for you.