1851

The coronavirus continues to have dire effects on businesses across the country, and the franchise industry is no exception. Franchisors across segments are strategizing new ways to support their franchisees, keep customers satisfied, help local communities and come out stronger on the other side of this crisis.To that end, 1851 Franchise publisher Nick Powills and Charles Internicola, founder and partner of the <a href="https://www.franchiselawsolutions.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=a-conversation-with-business-coach-and-motivational-speaker-walter-bond-2712810" target="_blank" rel="nofollow">Internicola Law Firm</a>, are covering the coronavirus and its impact on businesses through our <a href="https://mbf6e734.clickfunnels.com/webinar-registration1584137477175?utm_source=1851franchise.com&utm_medium=article&utm_campaign=a-conversation-with-business-coach-and-motivational-speaker-walter-bond-2712810" target="_blank" rel="nofollow">A Conversation With webinar series.</a>In today’s morning webinar, Powills and Internicola spoke with <a href="https://walterbond.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=a-conversation-with-business-coach-and-motivational-speaker-walter-bond-2712810" target="_blank" rel="nofollow">former NBA player and motivational speaker and business coach Walter Bond</a> about taking advantage of this difficult time to make improvements in business and in life.&nbsp;Here are some of the key insights from their discussion.<h4>Taking Advantage of the Off Season</h4>This is an opportunity for business leaders to work on their businesses and get bigger, stronger and faster. Companies can take the opportunity of this pause to pull back and work differently. They can hold retreats and workshops and do things they did not have the time to do before the pandemic. This might be the only chance they get.&nbsp;<h4>Avoiding the Pity Party</h4>There are two types of businesspeople: those who have a pity party when things get rough and those who know when and how to adapt to the challenge. This is a great time for brands to reposition themselves to be more effective.&nbsp;<h4>Putting People First&nbsp;</h4>If your business was not already oriented around people, it needs to be. Businesses that put profit over people will lose employees. Employees will know whether you care about them or not, and those who realize you did not care about them will leave.&nbsp;The companies winning right now are in the people business, and they were in the people business before this crisis. Leaders need to take care of their people. If you take care of your people, including customers, they will take care of you.<h4>Resetting</h4>This pandemic has provided us with a chance to reset, and for most people, that reset happens at home. Spend quality time with family and children. Improve your diet. Get some rest. Don’t just look at what’s wrong with this situation, look at what’s right. Take this chance to improve any weak areas you have, so when life returns to normal, you will be better. The worst thing you can do right now is nothing.&nbsp;&nbsp;<h4>Looking Ahead</h4>Business leaders should take this time to anticipate where their business will be once this crisis has passed. Another benefit of this situation is that there is currently a great deal of talent on the sidelines. Pre-pandemic, a lot of companies were struggling to find good help. Now, there is a lot of talent in the market.

A Conversation With: Business Coach and Motivational Speaker Walter Bond

1851 Franchise

Nick Powills and Charles Internicola are joined by former NBA star and motivational speaker Walter Bond to discuss taking action during this difficult time. 

a-conversation-with-business-coach-and-motivational-speaker-walter-bond

Mellow Mushroom

A Day in the Life of a Mellow Mushroom Owner: How This Navy Veteran Found His Slice of Happiness

a-day-in-the-life-of-a-mellow-mushroom-owner-how-this-navy-veteran-found-his-slice-of-happiness

SweatHouz

Why This P.E. Expert Left Wall Street To Find a New Passion and Purpose with SweatHouz Franchise

why-this-pe-expert-left-wall-street-to-find-a-new-passion-and-purpose-with-sweathouz-franchise

Workout Anytime

Workout Anytime Announces National Partnership With the American Cancer Society

workout-anytime-announces-national-partnership-with-the-american-cancer-society

BooXkeeping

Max Emma Featured on the Cover of The Inc Magazine

Max Emma Featured on the Cover of The Inc Magazine’s “5 Most Pioneering Business Leaders to Follow in 2025”

max-emma-featured-on-the-cover-of-the-inc-magazines-5-most-pioneering-business-leaders-to-follow-in-2025

CapitalSpring

Graphic with orange chart and hand pointing at graph

CapitalSpring Closes on Initial $505 Million of $1 Billion Target just Two Months After the Launch of its Seventh Flagship Investment Fund 

capitalspring-closes-505m-fund-vii

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Paris Baguette Welcomes Zac Sulma as New Chief Operating Officer

new-coo-zac-sulma

AI-related job cuts, October U.S. job cuts, American job cut record

AI-Fueled Layoffs Reshape the U.S. Job Market — And Highlight Franchising’s Resilience

ai-job-cuts-franchising-path-forward

Crunch Fitness Franchise - Sixth Street Minority Stake - CR Fitness - 1851 Franchise

Sixth Street Takes Minority Stake in CR Fitness, the Largest Crunch Fitness Franchisee

cr-fitness-crunch-fitness-sixth-street-investment

houses, Why Top Franchises of 2025 Outperform Independent Businesses

Why the Top Franchises of 2025 Outperform Independent Businesses

how-franchises-outperform-independent-business-2025-tech-data

Photo of Happinest Brands teams standing together in front of branded vehicles

Happinest Brands Continues Strong 2025 Trajectory With Major Q3 Growth and Strategic Wins

happinest-brands-q3-franchise-growth

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image  of Happinest franchise collection and all their brands that work together. 

The Happinest Advantage: A Marketing Partner Invested in Your Bottom Line

happinest-franchise-marketing-strategy

Baker Tilly: Global Advisory, Tax and Assurance Firm Serving Diverse Industries

baker-tilly-global-advisory-tax-and-assurance-firm-serving-diverse-industries

The Ultimate Guide To Franchising Your Business: How To Build a Scalable, Sustainable Franchise Brand

the-ultimate-guide-to-franchising-your-business-how-to-build-a-scalable-sustainable-franchise-brand

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

A Conversation With: Business Coach and Motivational Speaker Walter Bond

MORE STORIES LIKE THIS