Lisen to Mark Cuban On The Let's Go There Podcast
Mark Cuban joins
Shira Lazar and
Ryan Mitchell on CHANNEL Q's
Let's Go There, to discuss how the country could successfully "reopen" and details steps on how small businesses will have to re-think their models in order to sustain business during and post-pandemic.
The Shark Tank investor makes one thing very clear first and foremost, he says, "Particularly now with the way the world has changed, you have to learn to be nice. Everybody wants people to be nice. You can't be successful in business anymore unless you put your employees, your vendors, and everybody, ahead of profits...if you don't take care of people now, when they're at their worst and struggling the most, when would you ever do anything nice for anybody? I think your customers, and your potential customers, and people around your business all recognize that."
Ryan suggests that even if more stores were to re-open, using only pick-up and delivery methods, this would not stop people from being angry about the country not being fully functional. Ryan asks Cuban how he thinks the protestors would respond. Cuban says the virus is an equal opportunity virus and that, "They would learn the hard way." Cuban encourages small businesses to think out of the box and be "agile" during this time. There are
government programs out there, that he also suggests small businesses should take advantage of.
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