Had a great conversation with a young person today… we spoke about Growth.
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Week 8… 2021!
Is Spring finally here? Weather has been wonderful this weekend… and with more and more people being vaccinated, the warmer weather slowly arriving… are things looking up?
Here’s my top two stories from the week gone!
- Fresh and hot of the press – There’ll be a £5bn fund to help the High Street recover form Covid. That’s right – £18,000 per firm, to help shops and pubs reopen. Whilst I think this is good for pubs… and the hospitality sector in general, I was hoping that most shops would have adapted for the ‘digital age’ – and have an online presence. With their ‘shops’, use them as ‘experience centres’, information and knowledge is power – use their High Street presence to educate. Let’s be honest, how many of us go to Curry’s, look around – then order online! I believe there is a space for both – the High Street and Internet Shopping.
2. If you’re on Twitter… I hope you’re following me (@balbansal) – but the story here is about paid content and becoming a ‘Super Follower’! We have various subscriptions, we pay for more things monthly than we ever have before. So why not pay on Twitter for exclusive content and information from particular folk we follow! There’s other platforms that do something similar (though the intentions were ‘decent’ the other platform has somewhat ventured into 18+ type of content). The method is similar. You get some ‘free’ stuff. But want more… subscribe/pay and you get exclusives.
So here’s a question – a) would you pay to have exclusive content from me? (I won’t be offended if you said no – would like to know why)… and b) If you are a small business, with a high street presence, think how you can increase the customer experience… don’t look for the sale (that’ll come)… look at the experience.
Bal’s Friday Thought…
Earlier this week, a video was shared to me… and it’s my Friday Thought today.
The video had a guy who has inspired me. When I was about 13, I started going to the gym – mainly to get stronger due to some bullying issues as I was the only Sikh kid in the school…. and it was then, my friend gave me a book. It was about a young kid, who had moved from Austria… worked out like mad… had this vision… and became Mr Olympia, Mr Universe… not once, but several times! (I’ve still got that book!)
What got me in the book… and it’s in the video also… is how he didn’t give up. He didn’t listen to all the people that said, it can’t happen.
Below is the video…. Enjoy.
…last one for 2020
So, I’ll be first to admit – I’ve not been as active as what I could have been on this blog… yes, I’ve continued with my Friday Thought (that was due to popular demand), and I’ve shared posts throughout the year – especially when I was on Radio. But, one thing I will promise for 2021 is more… more on this blog, more content, more videos…
I’ve been sharing a lot on my social media channels – such as my Twitter, Instagram, etc… But will be also sharing it on my blog. Now, I mentioned video… I know I’ve said it many times, and I’ve done a few videos, but that’s a few too little. Need to up the game on videos – so will do more! (Promise!!)
2020 – was a year, that I won’t forget!
There were a few personal ‘things’ that happened which won’t make me forget it, but definitely learn and grow! From a work perspective – continued to deliver and remote working, like many people, was a thing of beauty! I’ve been able to work from ‘wherever’ for a while – but what really hit home was that so many realised they had the same ability but they could balance home and work life! (It’s difficult for sure, but over time…. it works well!).
Ok… we know Covid hit everyone hard. I remember, I was in Berlin in January, and had a flight to Madrid booked for Feb. Covid started to spread, and i pushed the date to March to fly to Madrid… and well, you can probably guess, i didn’t fly out at all!
So my top 3 reflections on 2020…
- We needed time to reflect – Many used 2020 to reflect, and understand what is important. We were naturally spending more time at home, and when you’re doing that, you being to appreciate the times you travel, you being to appreciate when you are with friends and you being to appreciate the small things in life.
- Tech is moving so quickly… Either you’re on the digital journey or you’ve had to fold. In 2020, Zoom’s Q2 revenue (year on year) was up by 335%!!! That is some phenomenal growth! But the point here is, COVID made a number of people shift to digital quickly, to survive.
- Health is Wealth. Above anything and everything, your health is the most important aspect that matters. I know, for one, I started walking more – when the gyms were shut – even downloaded some walking apps – and found some new areas near me, that I didn’t know existed and were so beautiful. Then, as I was working from home every day, I started to take lunchtime walks for 45mins. And during the 45min walk, I would call friends – have a good old catch up – which was wonderful!
Now, I’m not going to focus on 2021 too much…. but I strongly believe, with the roll out of the vaccine – we should see some ‘new normality’ returning in the middle of the year. Even with that, I think the three items I mentioned above will still continue and will resonate with many.
If anything, in 2021…. appreciate life.
Reuse…
You’ve probably heard me say before, Reuse, Reduce… and Recycle.
We need to look after Planet Earth. But I’ve been recently asked, Bal… with this ban on petrol and diesel cars…. what do I do with my classic? – I want to do my bit for the environment but love my classic car.
Don’t you worry Sir…. I have found a solution for you!
Zero Labs – have a solution where by, you keep the looks of your awesome classic car… but go electric!
Personally, I think this is a great idea! –
Now, you can keep your classic car… but be kinder to the planet.
Check their video out below….
Bal’s Friday Thought…
When I was being taught/shown Lean… one of the most important items was to ask the question Why. And to delve into it, and get to the root cause.
Once you get to the root cause, you can then understand and start to fix the problem.
This also applies to why you need to do it. ‘Why’ is so powerful. Rather than the what. And people relate to the why…. It’s brilliantly explained by Simon Sinek below…
Bal’s Friday Thought…
It’s crazy to see, and hear…. how many organisations have had to adopt a ‘digital mindset’ during the pandemic, because their previous/old business model wouldn’t be sustainable. They’ve had to increase their on-line presence, open an on-line store…. connect with customers, on-line.
Whilst this pressure, accelerated the transformation… it’s not the type of pressure many wanted. And everyone reacts differently to pressure. However… there’s some…. who have sparkled due to the pressure!
Physical to Digital… Part Deux!
In my last blog post, I spoke about how Whatsapp for Business can help your business or organisation prosper in the digital world.
Many, after reading that, did ask… but what about emails, Bal? – Surely people want to check you out on the world wide web and email you.
Yes…. and no.
Yes, you need a digital presence. So if you can have a simple website – then yes – do it! In fact, it depends what your business is – your target audience, etc… but yes… build a simple website.
As for emails….
That’s right – they are pre-Corona! Yes you can use emails, but less and less people are using emails. It’s all about the Instant Messaging. The quicker you get a reply, the quicker you can make a decision and the quicker you can make that sale or engage with the customer.
I was on the O2 website the other day. Looking at some deals. And up pops a box… would I like to talk to someone… with an option for Whatsapp! – how cool is that!!
So… if you haven’t got a website – then yes, you should have one – and provide instructions with how to contact you immediately!
So, your website is your business shop (you could call it that). People come there for information, understand and maybe order something. In addition to the shop – what else do you have physically? – because we can turn that into Digital!
Now – your website should be the front door to your business shop. If they want to browse products – then in my opinion you have options here and the best way to showcase these would be via social media rather than on your website.
Instagram. Product Photos. We’ll talk more about social media in future posts but if you aren’t on Insta, you’re missing out big time…
So in summary…. it’s a big NO NO to emails. It’s a big YES YES to having a simple website, instant messaging and getting onto social media to showcase your products!
Now… I appreciate, many folk will be doing this – but you’d be surprised, how many are not. In future blogs, I’ll talk about digital signatures, online payments, and thinking of the digital capabilities that are available…. that can help you! (Yes… everything from AI to robotics).
Bal’s Friday Thought…
One of the things I’m usually informed is, that my communication skills are good. My ability to communicate (at all levels) and more importantly, to break something complex down and simplify… is a good skill.
I usually see it as an opportunity to tell a story….
It won’t be pretty…
When you’re starting something, following your passion…. anything, it can be extremely difficult.
There’s people asking you, have you got a business plan? What’s your strategy? Who are your customers? Etc…
Whilst these are very important questions – there’s a phrase that you shouldn’t forget….. Progress over Perfection!
Get started. Find your customers (have an idea first who/where they could be!)
40 years ago, Rob Strasser, Nike’s first marketing head, put out this internal memo called “Principles.” Quite incredible just how little the company has wavered from these since….
What are your principles? – if it helps, I would recommend you read, Business for Punks! – great book!!
With this… you may be thinking, Bal…. what’s your passion and what are your principles?!
Great questions….. I have a few passions, all of which I’m progressing with, from Food (Bal’s Bakery), Football (which I enjoy – and am coaching a team!) and….. well, there’s a few more I’m working on, and will share more soon!