Blog/Podcast

The #1 Way to Fail During a Crisis and How to Prevent it

fail during crisis

TL;DR: The #1 way to fail is expecting to rise to the occasion under stress, because you fall to the lowest level of your training. Itamar Marani says to detach and calm your mind before you strategize. Define clear triggers that activate your contingency plan so hard decisions stay unemotional, and keep daily discipline and exercise to stay focused.

How not to fail during Coronavirus crisis

In this special episode, Itamar Marani, of the Marani Consulting, offers sage advice on enlivening the entrepreneurial spirit during crisis situations.

HOW TO PREVENT FAIL DURING COVID-19 – WHAT YOU’LL LEARN

  • “We do not rise to the occasion, we will fall to the lowest level of training”
  • Remaining Calm during Tumultuous Times
  • The importance of Daily Discipline and Proper Routine
  • Having the Right Mindset

KEY POINTS

  1. Entrepreneurs think that crisis situations are when they rise to meet the challenges. That rarely happens because we are in the middle of stress. It is important to detach from the situation and calm the mind to properly strategize.
  2. It is important to define clear triggers that would activate a contingency plan. In this way, we can avoid being emotional by making the hard decisions.
  3. Having focus is the key in being able to see the current opportunities in the situation.
  4. Highlighting the wins for the day is also important in having a good business outlook.
  5. Exercise: this helps in re-focusing and venting stress.
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RELEVANT MATERIALS

CONTACT ITAMAR MARANI

If you’re looking for a new perspective by employing better tactics and strategies to gain a clearer goal for you and your team, make sure to visit the Marani Consulting website.

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Nate Ginsburg

I’m an entrepreneur, investor, world traveler and yogi. After selling my FBA business in 2017, I wanted to take the skills I built from running my first company to help others build better businesses, too. So that’s when I started investing and advising other businesses as well as providing services with my own agency SellerPlex.