Building Bridges – Proactivity the Safest Way to Build and Protect Business
Many of you that I’m speaking with whether freelancing or working full-time, are talking to me about current client uncertainties caused in large part by U.S. led tariffs.
Until anyone knows the impact of these tariffs, whether you import parts or export finished products, it’s hard to invest in anything with confidence, least of all people!
The result is inconsistency of work or budgets being delayed or reduced; This means it’s not the best of jobs markets or times of job security.
If you’re in full-time work, what can you do, (particularly if you have a great relationship with your clients) is support them in their scenario planning. Help them if you can, find ways to protect revenue/and or enhance it! OK, not rocket science advice, but really important to be proactive, particularly when the pressure is on.
Is this a time of economic crisis? No, but it is most certainly (as witnessed by the financial markets) an uncertain moment. True to the dual Mandarin meaning of the word ‘crisis.’ It’s a time both of threat and an opportunity.
Threats often act as a catalyst forcing us to contemplate new approaches.
What might you be able to identify for your clients? A short-term win or bigger potential strategic pivot?
If your freelancing short or long term, think along the same lines. Don’t wait to be asked to help, look at those businesses most exposed and anticipate what a smart next step might nbe.
Now is a golden time to build bridges.