Key Advice To Small Business Owners For 2021 By Nunzio Presta

Small Business Canada

Nunzio Presta – CEO of BuyAndSellABusiness.com.

Nunzio Presta, BCom is an ex-pro hockey player turned entrepreneur. He is known for his speed, endurance, and strong leadership. He has helped build, grow, advise, and set the tone for businesses with one main goal: to add value to the world. Currently, he serves as the CEO of BuyAndSellABusiness.com.


What is your key advice to small business owners for 2021? 

I think it’s fair to say there isn’t a playbook for 2021. As small business owners and leaders, it’s going to be super important to stand strong on our vision, but be agile in the details of that vision for 2021. Why? Because in challenging times things are uncertain and you need to adapt, pivot, and move with speed. And we can’t confuse speed with fast! Speed is being decisive and taking action on uncertainty while having the willingness to experiment the right way and in the right direction. Fast, on the other hand, is making poor quality decisions. Mixing this up in 2021 will be deadly.

Also, we all need to move forward into 2021 with gratitude – being grateful for what we have versus what we’ve lost. It will also be important for us all to be accountable, looking deep inside and asking ourselves: what I can do better for all my stakeholders? However, here are 3 ways that I feel we make 2021 betterResilience :

We need to understand that organizational resilience requires employee well-being. So, we have to take care of our people and cannot afford to tarnish relationships for “a moment in time”. If we don’t have people, we don’t have a business. Bottom line: successful people and organizations all get knocked down in some way, no one is exempt, but they don’t stay down very long. Their vision, purpose, and grit snap them back into shape.

Wellness :

We need to build and protect everyone’s energy by encouraging better eating, exercising, meditating, reading, protecting family time, talking with friends, and sleep. In a remote/work from the homeworld, the effects will boost productivity for everyone in your organization.

Optimism :

We need to be as optimistic as possible while uncovering the truths. A pessimist never inspired anyone, especially during challenging times. The primary ingredient for progress is optimism – the unwavering belief that something can better drive us all forward.

The year 2021 will be about hope and rebuilding. Now, let’s get to work!

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