5 Things That Can Help Achieve Business Success in a Time of Crisis

5 Things That Can Help Achieve Business Success in a Time of Crisis
5 min read

Entrepreneurship is not a cup of tea for every ambitious individual out there because not everyone is as patient, visionary, and dedicated as they’re needed to be. Today, the methodologies of entrepreneurship have been modified due to the constant change in the trend, technology, and individual psyche. There’s no doubt that modern-day entrepreneurs bring a plethora of magnified approaches that are helping businesses to sustain and ultimately flourish. One such business entity is Smartworks. Smartworks is India’s largest platform for managed office spaces with a presence across 12 cities. 

 

Smartworks was founded by Mr. Neetish Sarda in 2016 with the vision of revolutionizing office spaces for large, medium, and growing enterprises from different verticals. In 2017, Harsh Binani joined the team as the co-founder and that’s when things started to happen for Smartworks. Despite the turmoil due to the Pandemic, Smartworks continued to grow. Neetish Sarda along with Harsh Binani took the company to new heights of excellence and success.  

 

Moving further in this blog we will share some tips given by these young and visionary leaders. This will help budding entrepreneurs and enterprises to understand and acknowledge the basics and significance of crisis management to achieve business success. 

 

5 Tips from Harsh Binani to Achieve Business Success During Crises  

Entrepreneurs like Neetish Sarda and Harsh Binani are the motivational bodies for many ambitious and intuitive individuals out there. These ambitious individuals need to understand and respect the scenarios in order to take the right decisions for their businesses. Below are some of the tips given by the co-founder of India’s largest platform for managed office spaces.  

  1. Patience and Perseverance 
  2. Adaptability
  3. Precise Communication
  4. Thoughtful Decision Making
  5. Financial Planning and Business Agility 

 

1. Patience:  
Patience is a key to success and many modern-day entrepreneurs overlook the significance of this particular element. Patience and perseverance have helped many companies to grow despite the economic and business instability during the pandemic. This is one of the greatest traits that can help an individual to not only become a successful entrepreneur but a better human being as well.  
 

2. Adaptability: 
Adaptability is unarguably the most imperative trait of a business entrepreneur to overcome difficulties during times of crisis. It doesn’t matter how modern or well-equipped you’re if you’re rigid in your decisions and views. One should keep their personal views and ambitions aside because adaptability doesn’t only bring creativity but also creates a better environment within the organization.  
 

3. Precise Communication: 
Precise Communication is also one of the elements that can help to minimize the risks during times of crises. Leading a team in the right direction with the right mentorship and clear communication can help the workforce to work with efficiency despite the tenure of crises. Clear Communication is the most prominent element that can help entrepreneurs to manage the situation with great effectiveness. 
 

4. Thoughtful Decision-Making: 
Managing your business in a couple of cities is a hectic task but people like Neetish Sarda and Harsh Binani have helped Smartworks to spread their presence in 12 cities in India. When the entire country was on lockdown, Smartworks expanded its footprints. The credit for this goes to the entire decision-making team. Hence, these examples can be taken as raw proof that thoughtful decision-making can help businesses to flourish during times of crisis as well. 
 

5. Financial Planning and Business Agility: 
Financial Planning is the most important pillar for any business organization to navigate during a crisis. One must take all the necessary steps to manage the cash flow and other expenses by reducing the overall costs. On the other hand, business agility is another important suggestion given by Harsh Binani that might allow businesses to streamline their decision-making processes.  

So, these are some of the suggestions given by Harsh Binani that can surely help entrepreneurs to manage their operations with greater efficiency. In addition to that, if you’re looking for fully-furnished and tech-enabled managed office spaces then Smartworks is here to fulfill all your space-related needs. 

As we said earlier, Smartworks is India’s largest platform for managed office spaces with a presence across 12 cities. You can get flexible office space in Delhi-NCR, Bangalore, Hyderabad, Chennai, Pune, Kolkata, Jaipur, Indore, Mumbai, and Ahmedabad. Also Read: GHANSHYAM SARDA advises budding entrepreneurs 

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Geeky Bisht 5
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