Business Adaptability In A Global Pandemic W/ Kyran O'Neill - 197

Business Owners & Entrepreneurs Podcast with Peter Boolkah | Business Coach | The Transition Guy®

Why is it that despite being in the same industry, adapting to change in business has been harder for some businesses than others? As you may already know first-hand, business adaptability is especially critical today, in the middle of a pandemic, with an unprecedented and continuously changing business environment.
In today’s episode, I’m joined by mental health and psychology expert Kyran O’Neill. We take a look at a trend that’s making its rounds in the world that I like to call "same storm different boats".
The pandemic has touched everyone. However, its effects have been different on different people, with some people feeling it more, and others less. We’ve seen this phenomenon during this global crisis where business owners in the same industry have had very different reactions to pandemic conditions. The only way to explain these differences in level of business adaptability is by looking into the psychology behind them.
People interpret their environments differently. They may get the same external stimulus and see the same information and market conditions yet have different psychological responses.
Adapting to change in business is crucial when the environment is constantly evolving. With the changing business environment and multitude of information presented to you at any given point, you as a businessperson need to filter it out and ensure that your team, customers, and business are safe despite the conditions. Having a more emotional response to external conditions has led many business owners to be less able to adapt to change.
The bottom line is this: We’re experiencing the "same storm different boats" phenomenon in this global crisis. The old world and way of doing business is gone. Those who can adapt faster to the changing business environment will get ahead. Those who fail in adapting to change in business will be left behind.
Watch until the end of this episode to hear more about business adaptability in the middle of the COVID-19 pandemic.
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CONNECT WITH PETER BOOLKAH:
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http://www.Boolkah.com
https://www.facebook.com/Boolkah
https://www.instagram.com/pboolkah/
https://www.linkedin.com/in/boolkah
https://twitter.com/boolkah
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ABOUT PETER BOOLKAH
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Hi, I’m Peter Boolkah, business coach, keynote speaker and winner of over 3

CONNECT WITH PETER BOOLKAH:
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http://www.Boolkah.com
https://www.facebook.com/Boolkah
https://www.instagram.com/pboolkah/
https://www.linkedin.com/in/boolkah
https://twitter.com/boolkah
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ABOUT PETER BOOLKAH
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Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses.
Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.
It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful.
As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all have aspirations of achieving great things. In fact Peter is yet to meet someone who started a business with the intention of failing.
Peter’s ultimate life goal is to inspire and empower over 100,000 Entrepreneurs to create long term thriving businesses resulting in the creation of 1,000,000 jobs.
So if you are scaling up your business, you’re in a bu...