My Grandfather, a father of five children, had a wholesale store selling sugar, flour, edible oil, gee, and other things that pastries and bakeries use. He had a successful business that he provided a good living for his family. He was also a well-known trader in his profession.
Like other business owners, he was the manager, the accountant, the salesperson, the order taker, and other function. His business depended solely on his presence. In 1983 he had a stroke, which kept him hospitalised for some time, then paralysed for another period.
During that time, specialised hospitals in his case were not available in the city we live in; thus my uncle had to travel with him seeking medical assistance. During that time, the store closed for some time, customers were understanding, but that meant they would be finding other alternatives, which would result in the total closure of the business. My uncle suggested I would handle the shop on my own. I was 16 at the time, luckily it happened during the summer vacation, so I was able to help.
It took my Granddad more than a year to recover and to get back on his feet. During his recovery period, my uncle took over, and I was relieved from my duties.
It is not a unique situation, but rather very common. It could have happened to a variety of business around the world. The result is usually disastrous. In many cases we are reactive, we tend to seek solutions when we are in trouble, rather than start preparing in advance for potential scenarios.
For many business owners, seeking help or support means they are in trouble. On the contrary, to grow, we should seek inspiration, support and guidance.
Imagine you are an Olympic Athlete, would you do it on your own? How many people would form your support group? A full team that would not only inspire you but also improve your fitness, your nutrition, your performance, style and many more would be required. The same applies to business.
Failing to prepare is preparing to fail. Have a great week.