Coping with Curveballs – have you planned for uncertainty in your business?

by | Feb 7, 2022

Curveballs can happen at anytime. These are those unexpected dips in the road that can impact your business – and your personal life .

Curveballs can be anything from something that causes a few hours’ delay in your business, to having to take a couple of days off, to a worldwide pandemic that could completely change, or worse still potentially end, your business…

We’ve probably all been through all of those stages over the last couple of years, so we know that we can learn from them and plan for “next time…”

MINT founder Nicola is delivering a training session next week, all about resilience planning and coping, where she will take MINT members through ten key questions business owners need to ask themselves when it comes to planning for the unexpected.

Here are a few examples:

Do I have a plan for that?

  • How would you handle receiving a bad review or negative feedback? What about if it was the result of something within your control? And if it was something outside of your control?
  • What would you do if you got a complaint against your business to the point it escalated to legal action?
  • How would you handle an unexpected bill? Have you budgeted for unplanned expenses?
  • Conversely, how would you handle a client/customer not paying their invoice on time? Would you have enough cash in reserve to get you through? Do you have a plan for how you would handle the client/customer? Is there a plan if they don’t pay at all?
  • Is your business name claimed? Do you need a trademark? Do you have all the social media handles to match your company name? Have you claimed your business on Google?

What would happen if you never took any risks and never planned anything?

Despite everything here, it’s important to take chances and risks to progress.

Covid has been a the ultimate curveball

The past two years of lockdowns and restrictions have taught us so many lessons around handling change, coping and surviving with so much uncertainty. We have learned things we never thought we would but, as we come closer to the light at the end of the tunnel, it’s so important that we remember everything that we have learned and grown from. For a lot of people, Covid opened up a willingness to learn and grow which is very important.

If you want to learn more about coping with curveballs and creating a resilience plan, tune into Nicola Jayne Little’s training on the 15th of February. This for MINT members, so if you’re not a member, look at our membership options or join our next free taster session.