Fight flight freeze: Three basic human reactions to danger. Usually, people freeze and lose chances to survive.
Cut the slack: Think that’s not possible? Remove ruthlessly everything that is not revenue-generating.
Launch a customer loyalty program: Coupons, free samples, discounts - use them to the fullest.
Review your team: Focus on those who want to work and show results, not everyone is worth pulling along.
5.Rethink your partners:If someone is not up to your demands, this is the time to change for the better stipulation.
6.Go for a hunt. Not with a rifle of course: Crisis provides
opportunities for acquisitions, actives acquiring, and
great hires.
Stay young, stay hungry: Think like a start-up owner. Launch new service or product.
Be easy-going and simple to approach: Pride leads straight to your business end. Start a friendship with your competitors and do something together.
Avoid credit loans at any cost: The financial situation is highly unstable and can cause unexpected problems in the future.
