How Companies Are Evolving and Pivoting Across the Globe
Those that innovate, pivot and provide connection during this time of isolation will continue to thrive. Don’t let COVID-19 put a stop to your hunger to add value.
VIRTUAL EVENTS AND THE GLOBAL ECONOMY WITH JEFF HOFFMAN
Our Utopia team had the honor today of spending time with Jeff Hoffman. This is an interesting time in our society with businesses and non-profits having to pivot and modify their business models.
Jeff’s accomplishments include:
- Priceline / Expedia and Booking.Com
- Founder of uBid
- Serial Entrepreneur
- Chairman of the Board of the Global Entrepreneurship Network
- Bestselling author
- Motivational Speaker
- Hollywood Film Producer
- Featured on FOX, ABC and MSNBC
A word from Jeff Hoffman, serial entrepreneur, Priceline.com, Proven CEO, Worldwide Motivational Speaker, Bestselling Author, Hollywood Film Producer, Grammy and Emmy Award-Winning Entrepreneur.
VARIOUS INDUSTRIES AND EVENTS PIVOTING AmIDST COVID-19
how businesses are evolving
Restaurants that never considered take out meals nor delivery have changed their outlook. Once the quarantine period ends – yes, they will reopen their doors to seated meals. But the pandemic has necessitated new avenues for revenue.
Resourceful restaurants have survived by catering take out orders and offering delivery service – many of which never offered those services BC (Before Corona). Some have expanded into upscale grocery service – filling orders for their meats and produce.
A close peer of ours has a business with locations across the country. His business teaches acting, etiquette, fashion, and modeling. Each of his locations provides administrative support and billing, sales teams, and curriculum instructors. While his locations are locked down, they have gone virtual with all of those services. We asked him post pandemic – will he continue to support a virtual platform? His answer, “Support? …. not only support I’m negotiating closing brick and mortar locations as I’ve reduced my overhead; expanded my reach; and now employ only the select and best sales from my sales staff and curriculum instructors.”
Alternatives to teaching methods open new avenues. Prior, it was only higher learning institutions and colleges offering correspondence courses as an alternative. Now both schools and businesses have learned to offer their curriculums through Zoom or other online portals.
Remember when you planned vacations around school breaks and summer solstice?
Online methods for teaching will not be an exception for illness and pandemics going forward, but an additional form that allows you to advance your education at all ages.
Through this time of social disconnection and isolation, friends and family are finding more opportunities than ever before to reach out to one another. From virtual dinners and happy hours to Zoom game nights, we are spending more time with distant friends and out of state family members than we did when traveling was still an option. Celebrities are even joining in on the fun, hosting their late-night shows from home and sharing good news from around with world with their fans.
“My friend, Matt Bordofsky, turned 42 today and approximately 29 friends (and their dogs) showed up via Zoom to celebrate with him,” says Keren Poznansky, a publicist in Los Angeles. She noted that this celebration brought together friends from all across the globe— “the furthest person was from Lithuania.”
Sarah Agajanian, an artist in Los Angeles, recently logged onto FaceTime to have her pal, Michele Hodeda, led her in a cooking class. “She taught me how to make mushrooms and walnut tacos. She’s an amazing cook. And it was such a cool experience! It really made the time go by quickly and truthfully felt like a full-blown hangout session,” adds Agajanian.
MORE COVID-19 RESOURCES
Let Us Make Your Next Event a Utopia Event
Subscribe For the Latest News and Updates
Like the events we put on, our content is engaging and out of the ordinary!