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Ash RoyFeb 23, 2024 5:49:05 PM2 min read

Business Continuity during Crisis -- Profit

In the ever-evolving landscape of business, adaptability is key.

 

 

Hey friend👋

 

This is the last part of "PROTECT, PIVOT, and PROFIT" series.

 

This 3-part podcast series that was recorded around the time of the Covid-19 pandemic had some useful ideas that can be applied in any situation. 

 

In some sense, you could say that all businesses are facing crises of some sort. 

 

This is especially true in today's world where AI has turned the world on it's head.

 

I want to share some straightforward insights from each part, aimed at helping you grow your business in this very dynamic and rapidly evolving business lanscape.

 

Let's dive in. 

 

PROTECT: It all starts with safeguarding what you have.

 

We've talked about the importance of business continuity planning and how it can act as a shield for your business.

 

It's like having an armor in unpredictable times. Learn more about how to protect your business here.

 

PIVOT: This is all about adapting and thriving — often in times of change.

 

Whether it's changing your business model or finding new ways to serve your customers, pivoting can be a powerful move.

 

It's about being agile and responsive (not reactive). Dive deeper into pivoting strategies here.

 

PROFIT: This is the ultimate goal. Even not-for-profit companies have to be profitable. 

 

We delved into various strategies that can drive your business towards profitability.

 

Remember, most companies are obsessed with revenue but that's not enough.

 

There's no point making 100 million dollars a year if you're spending 110 million dollars making it. 

 

This conversation is about smart growth and sustainability. Learn more about driving profit here.

 

And that my friend is it. That's the end of our series.

 

I hope you found this series useful and that it makes a significant difference in your business journey.

 

Ciao for now,

 

Ash Roy

 

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Ash Roy

Ash Roy has spent over 15 years working in the corporate world as a financial and strategic analyst and advisor to large multinational banks and telecommunications companies. He suffered through a CPA in 1997 and completed it despite not liking it at all because he believed it was a valuable skill to have. He sacrificed his personality in the process. In 2004 he finished his MBA (Masters In Business Administration) from the Australian Graduate School of Management and loved it! He scored a distinction (average) and got his personality back too!

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