Part 3, of our seven-part interview with Bob Regnerus of Feedstories.
Topics covered in this episode
* How a Meeting at Facebook Headquarters led to the beginning of Feedstories* The Power of Your Businesses Story* Navigating through COVID-19* How COVID-19 led to an increase in demand for video content
https://www.youtube.com/watch?v=PStjuHKOykk
Transcription
Intro Brian: Bob Regnerus of Feedstories, part 3.
Hi I'm Brian Pombo, welcome back to Brian J. Pombo Live.
Today's part three of our series with Bob Regnerus. I hope you've been watching, if not go back and watch the rest of them.
If you'd like to be on this podcast as in a conversation with me, or if you'd like to have me on your podcast or speak at your event, go check out BrianJPombo.com, for all the details.
So here is part 3.
Brian: What do you think that most businesses can learn from that, in terms of you mentioned having cash on hand. What are the other things that you think that made the biggest difference for you that you think other people could learn from?
Bob: Well, for me, it was investing in things that have the ability to be flexible.
So team members that are flexible with multiple skill sets technology, like we were perfectly positioned to be remote.
In fact, our company's been remote for years, we were on zoom before zoom was cool, we had used it. So essentially, that didn't change.
We also had this enthusiasm for what could be, but we also had a sense of what could go wrong?
Now, the reason we're able to do that is we're in a mastermind with Perry. And as you know, Perry's my friend, he's a client, we do business together, but I also pay him for mentorship, because he's so wise.
And we went through an exercise, January of 2019, which is like, what could go wrong in your business this year?
Now, nobody predicted COVID, but we had some scenarios like, okay, you know, if our technology failed, or we went through probably five or six scenarios, it got us thinking.
Even then, like, what would happen if?
We weren't shocked when COVID happened. We certainly had this sense of dread like everybody else. But we had been exercising our what if muscles and had in mind, like, everything's not going to be rosy. So we're mentally prepared for what happened.
And I was really proud of kind of how we just, we didn't panic, we had some really thoughtful consideration of how we're going to move forward. And we positioned ourselves well, we were prepared for some worst case scenarios.
I think that's one thing as entrepreneurs, we're always thinking like, the best is going to happen. And I love that part of being an entrepreneur, every project we get involved in, we think this is gonna be great.
We haven't unbridled enthusiasm for it, and you have to, but you also have that sense of, okay, what if this doesn't work out?
Or what if this idea doesn't pan out?
You want to have contingencies, you want to have plans in place. Maybe that comes from my upbringing, maybe it comes from experience, I don't know.
But it just seems like the right way to approach things. Or you don't kind of have rosy blinders on and you're oblivious to the fact that we live on an imperfect planet, you know what I mean?
Brian: Absolutely. Boy, that's great stuff.