During our ComX corona chats, we found some recurring statements and themes across industries.
1. Cash is king – You need to build profitably and have reserves in order to navigate through a tough time.
2. Value is essential – This pandemic has taught us that value will survive a crisis.
3. Do not stop sales – You must do it with a lot more empathy, but if you stop engaging with your customers, you are done.
I really admire how the business community navigated through this crisis with a lot of humbleness and openness.
The display of vulnerability and honesty we experienced when we reached out to people was really humbling.
What are some of your lessons and observations during this period?