Successful Entrepreneurs Give Their Top Business Tips During a Crisis
By: Brian Harrington
If you are looking for the best entrepreneurial tips, you are in the right place. 

In fact, this is a round up of information where some of the best entrepreneurial icons give their top business tips —especially necessary and useful during the pandemic crisis. 

These tips have been researched and compiled by our team. So, let’s jump into the best of the best business tips from those who have already succeeded and been through it all. 

TIP #1 Now is the Time for a Self-Diagnosis 

—Steve Mandell, Attorney, Entrepreneur, and Our Business Partner —Source Cited Here

Evaluate where you are in life and decide what you really want to do in this time of crisis and quarantine. 

Here are Steve’s own words on how to handle a crisis…

“Ask yourself… Can I be proactive or am I reactive in these types of crisis situations? You know, you and I, we've always been proactive, right? We understand that things are going on out there. 

So it's my job to uplift others and to see through this with better opportunities to grow different things. 

For example, if I have an athlete client or two that might not be doing something in their sport and they might be ready to do some of their own business, therefore, they might start writing a book. Pre-Covid, they didn't have time to write a book, right? Some clients might start a new podcast, etc.  

When you're busy, 24-7, it’s hard to find the time to get those side-hustles started, but now maybe there’s time for a new opportunity —a vertical new way to communicate.”

TIP #2 Create New Opportunities by Redoing Your Business Model
—Kevin Harrington, Global Entrepreneur

My Dad and mentor, wrote his very first book for people that needed extra income. He realized the world needed spare time— part-time —business opportunities.

This book became a best seller in 1990-1991 and had six different publishing loans. As it was going out, it sold through the first round, went to the second round, went to the fifth round, the sixth round and it became an international bestseller —because he was the guy that pulled people out of their crisis……

Kevin ultimately became the entrepreneur’s entrepreneur on how to help people get out of a crisis. 

Here are Kevin’s own words on how to handle a crisis…

“The bottom line is you don’t give up!

Many people are saying, I’m done. I’m going to wait until things settle. But…

Now might be the best time to actually try some customer acquisition on the internet.

I mean, look what happened to me during a crisis…… I focused and paid attention to what people needed most and created it for them —and I became a best-selling author out of it!

Maybe you’re laid off, maybe you have no income —either way, now is the time to focus on getting extra income.” 

TIP #3 Take Care of Your Employees
—Steve Ballmer, Los Angeles Clippers Owner —Source Cited Here.

Mr Ballmer is the wealthiest NBA owner, with a net worth of $55.1bn, according to the Bloomberg Billionaires Index. He bought the club for $2bn in 2014. 

Mr Ballmer said he is paying team and arena employees, as well as vendors, even though games aren’t being played. He specifically cited a T-shirt vendor that received a $100,000 commitment from the team to produce playoff merchandise.

Here are Steve’s own words on how to handle a crisis…

“We are being diligent about continuing to pay our employees. We’re fortunate. We’re deep pocketed,” he said. “Yes, we’ll lose money. At the same time that’s going to be true for a lot of businesses. I’ve been very fortunate.”

It’s also important to be flexible with your employees’ time. Some team members may have kids at home due to daycare and schools being closed. Try to be as understanding as possible when something comes up and have a contingency plan in case you suddenly become short-staffed.

TIP #4 Focus On Parts of the Business You’ve Been Neglecting
—Mark Cuban, Billionaire Entrepreneur —Source Cited Here

This is a great time to work inside your business and fix or add the things you’ve put off for months or even years. 

Here are Mark’s own words on how to handle a crisis…

“Control what you can control. “Rather than focusing on how bad it is, focus on how you can use this time to connect with your future customers,” Cuban wrote. “This is also a good time to clean up all the little messes every small business has. Everyone has things they wish they could re-do.”
Now is the time to make those changes.”

TIP #5 Communicate Transparently With Your Customers

—Paul Henshall, CEO of ActionCOACH ANZ —Source Cited Here

Everyone is facing this crisis together, so be transparent about what your business is going through. Customers can empathize with brands facing a crisis, as long as you communicate with them properly.

Henshall advises company owners to be open, honest and transparent with the facts, and to focus on communicating fact-based and most relevant information during the coronavirus-related disruption.

Here are Paul’s own words on how to handle a crisis…

“Be empathetic, engaging and educational” (to your customers). Consider carefully what customers need and think strategically about how this can be delivered to them more seamlessly and at a fair price. Focus on the little things such as optimising communication, levels of customer service and by making it easy for people to source and pay for products.”

TIP #6 Get a Mentor and Ask For Help
—Kevin Harrington, Global Entrepreneur —Source Cited Here

Are you feeling alone in your business or like you need that push to take your business to the next level? If so, you need to get a mentor and here's why!

Here are Kevin’s own words on how to handle a crisis…

The bottom line is that before, during, and after a crisis, you must reach out to your mentors. Ask yourself…… Who are they? Do I have one?
If you don't have a mentor, you need one. In fact, that's why we are here (myself and my dream team). We perform these functions for you. We're talking here on our virtual summit today for the single purpose to help you.
We want to guide you. And every situation is different. 

We may have one recommendation for one person where that may not apply for somebody else.

Don't be timid or scared…… just reach out and you'll be surprised how eager others are willing to help.

TIP #7 Generate Leads and Acquiring Customers

—Brian Harrington, Successful Entrepreneur —Fortune 500 Companies, Top Influencers

If you have a business, this is the time to double down on generating leads and testing ads. 

Here are Brian’s own words on how to handle a crisis…

Don't give up testing and customer acquisition costs. You may think that people aren’t going to be interested in your stuff but they will through new offers and exponential value. 

Try testing some new headlines and you may find a new increase in cost per customer acquisition for a more expensive and valuable product.

Are you ready to become a successful entrepreneur who knows their customer —and can survive any crisis?

Contact me at if you need help with launching your product, getting an investor, and much more. 
As a successful entrepreneur, Brian consults with other entrepreneurs to increase sales and scale their business. He has worked closely with Fortune 500 companies, top influencers, thought leaders, and the brightest business minds. His experience expands to nearly every industry, which means he brings a wealth of knowledge to any business venture. 
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