Crises call out the character

0:03 Welcome to business purpose and clarity with petri I'm your host we talk about startup life insights practical tips mistakes failures and everything between I've seen a few responses coming from even with those you've been working for and you think you know them when the real crisis hit the true character comes out two types of different responses one of them is that some people just become more more determined and they start to really perform when it matters and of course that's really nice thing you would hope that your team is full of.

1:06 These type of people because then you can get things done and the good thing is after the crisis the team feels so much tighter they've been through stuff together it tends to become a really good team at the end crises are not all too bad but of course if you can avoid them the the second type is not so fortunate that's where the even rational people become irrational they start to do stupid things they start to do things which are actually harming themselves I don't mean physical harm I mean harming the business harming their self-interest they stake in the company the future of the company.

2:11 Things which would be quite that everybody should focus on saving the company getting over the and pulling together I have a few hypotheses based on the evidence and the experience I've seen and observed firsthand it's fear and fear is not rational you wanna argument you wanna talk with these people and explain that listen we should do this because of that because of z because of pros and cons and this is the best way to go about it they do the exact.

3:16 Opposite and there could also be other factors underneath you don't see there might be somebody else pulling the strings it could be the spouse it could be some family things it could be some other things other financial things some other aspects in their life that you don't know about but those things are reflect upon and they are part of the decision making this brings unexpected results unexpected outcomes some people are standing on the brake others are saving the.

4:22 And making everything to do the right thing that those people who are standing on the brakes takes the most of the focus in the company it becomes an internal thing people are starting to if not fight but the focus is on within the team is not laser focused on the solving the issue the problem getting out of the woods getting rid of the crises I don't know how to solve this thing I think you can just prepare yourself that you know your business partners that well before the crisis happens.

5:27 You know.