60 Day Startup Podcast cover logo

COVID-19 : How Can Your Business Adapt?

22m · 60 Day Startup Podcast · 10 Apr 22:00

Local businesses that have relied on face-to-face interactions have been some of the hardest hit by the pandemic, making shifting to an online model essential for keeping afloat. In light of this, today’s episode contains a series of strategies for businesses such as these to use that will help them make the transition. Our first bundle of tips pertains to retail services, and we talk about how taking this moment to go digital can be seen as an opportunity to expand your client base. Next, we shift our focus to service-based businesses and provide three main paradigms that you could package your service into so that it could live and thrive online. Finally, we speak to the third category of face-to-face businesses: foodservice outlets such as restaurants. It might seem like your fine dining model is ruined but you could save it by condensing your menu and offering a delivery service. Many families could do with a morale boost from not having to cook and getting to eat a delicious delivered meal. In all three categories we mention today, we also share some of the best software platforms you can use that will speed up your process of going online no matter your degree of computer literacy or product type. Make sure you tune into this one because these creative and dynamic tips could potentially get your business running better than it was before!

The episode COVID-19 : How Can Your Business Adapt? from the podcast 60 Day Startup Podcast has a duration of 22:40. It was first published 10 Apr 22:00. The cover art and the content belong to their respective owners.

More episodes from 60 Day Startup Podcast

6 Businesses We're Not Going to Start (But YOU Should!)

Something a little different this time... Michael and I detail a handful of different business ideas that have popped into our brains over the years that we either don't have the time, energy or expertise to start... so YOU should! Seriously, feel free to steal these ideas, and make them your own. At the very least, these concepts should get your creative juices flowing on potential opportunities for you to create something new and innovative. If you happen to become wildly rich and successful because of this episode, maybe send us a gift card or something. :P Enjoy!

6 Businesses We're Not Going to Start (But YOU Should!)

Something a little different this time... Michael and I detail a handful of different business ideas that have popped into our brains over the years that we either don't have the time, energy or expertise to start... so YOU should! Seriously, feel free to steal these ideas, and make them your own. At the very least, these concepts should get your creative juices flowing on potential opportunities for you to create something new and innovative. If you happen to become wildly rich and successful because of this episode, maybe send us a gift card or something. :P Enjoy!

Why it's a Surprisngly Good Time to Start a Business

Most of us are in the mode of staying home right now and this might be leaving you worried, scared and anxious. We understand! You may have even lost your job and things are probably feeling up in the air to some extent. These are things that almost all of us are experiencing, as the economy affects us all. What we want to talk to you today about are the opportunities that are presented in this unique situation. Despite the slowing down of the economy and people staying home, there is still a need for consumables and services. Just because the ways that the things that are being bought and consumed have shifted does not mean the need is not there. Despite the economic downturn, this could be an ideal time to start a side business and potentially make up for lost income and fill in a void in this new look society! In this episode, we explore four general areas for you to look at, that prove that things are maybe not as dire as you may have thought. This sharp shift that the world has taken means a lot of things and one of those is the importance of reclaiming the value in the economy that will be lost. This is something that is necessary for systems to keep running, even if it is in different ways. Tune in to hear about what has changed, what has remained the same and how you can use this time to build something beneficial for you and those around you!

How to Discover the Right Business to Start

Every person on the planet has a set of life experiences the combination of which are totally unique to them. One exciting implication of this is that these idiosyncratic traits can be leveraged toward starting an equally unique business! That’s exactly what we will be talking about in today’s episode: how to find the right business for you – exclusively you – to start. Today we will all be purposefully catching a severe case of special snowflake syndrome, except the good kind! In our session, we lay out three exercises that you can follow along with intended to help you find the business that nobody else would be better suited to start than you. The first is how to discover your hidden expertise using life experiences, unique traits, and technical skills. Next, we show you how to make your potential competitors irrelevant by determining the intersection between your unique traits and their provision of value to a market. Our last exercise will be a guide on how to optimize the business you have come up with for growth and profitability by using what we call the profit grid. The only thing these, as yet undiscovered, businesses need in order to exist and be launched into the world is you, so grab the worksheets, and tune in today to get started!

COVID-19 : How Can Your Business Adapt?

Local businesses that have relied on face-to-face interactions have been some of the hardest hit by the pandemic, making shifting to an online model essential for keeping afloat. In light of this, today’s episode contains a series of strategies for businesses such as these to use that will help them make the transition. Our first bundle of tips pertains to retail services, and we talk about how taking this moment to go digital can be seen as an opportunity to expand your client base. Next, we shift our focus to service-based businesses and provide three main paradigms that you could package your service into so that it could live and thrive online. Finally, we speak to the third category of face-to-face businesses: foodservice outlets such as restaurants. It might seem like your fine dining model is ruined but you could save it by condensing your menu and offering a delivery service. Many families could do with a morale boost from not having to cook and getting to eat a delicious delivered meal. In all three categories we mention today, we also share some of the best software platforms you can use that will speed up your process of going online no matter your degree of computer literacy or product type. Make sure you tune into this one because these creative and dynamic tips could potentially get your business running better than it was before!

Every Podcast » 60 Day Startup Podcast » COVID-19 : How Can Your Business Adapt?