So I finally got a chance to see the much anticipated Black Panther film. I must say that I totally loved it. It was everything I knew it was going to be and sooo much more. As with everything I watch, I saw business applications in this movie. I’m about to share with you the business lessons I learned while I watched Black Panther. Warning. This post will have some spoilers in it. So if you haven’t seen the movie yet, you might want to click off of this post and come back to it when you have seen it.
Build A Good Team
T’Challa was able to be successful because he had a good team around him. Come to think of it Killmonger was able to accomplish his goal because of his squad too. So both the hero and the villain benefitted from having a good team. What does that mean for your small business? It means that you have to build a team of good people around you. What types of people do you need to have on your team? A small business coach is an absolute must. Most successful people are successful because they had a great coach. The great Michael Jordan comes to mind. I don’t think he would have been as good a player as he was if he didn’t have good coaches. You also need an assistant. This can be a virtual one or one that you see in your office every day. No matter how you do it, it is important that you have someone that you can delegate stuff you’re not good at doing to. Which leads me to my next point…
Know When To Delegate
T’Challa knew what stuff to delegate and what stuff to do on his own. He wasn’t in the lab trying to create new tech. He had someone for that job. He wasn’t trying to fight ALL the battles on his own. He had a talented general to do that. You only saw him doing king stuff. As a small business owner, you need to know when to do stuff yourself and when to delegate it to that awesome team you’ve built up.
Have A Good Succession Plan In Place
When you run a business, you need to be clear about what is going to happen when you decide to walk away from the business. You need to have your successor trained and ready to go so that when you decide you don’t want to be involved with the business anymore, someone will still be able to run it. Don’t leave your successor in the dark. T’Challa’s father made a grave mistake when he decided not to tell T’Challa about Killmonger. That decision almost cost T’Challa his life and the kingdom. Make sure that your successor is aware of EVERYTHING in your business. Your successor doesn’t need to be blindsided as soon as she takes over. Make sure that you tie up all your loose ends before your successor takes over.
Be Open To Change
One thing I noticed is that the Wakandans were steeped in tradition. Sometimes that is a good thing and sometimes it can be detrimental. One thing I admired about T’Challa was his willingness to see the errors that his predecessors made and take the steps to do something about it. In your business, you have to learn to be willing to change. Just because you’ve always done something a certain way, doesn’t mean it’s the right way. When one method of generating traffic to your website stops working, you need to be open enough to accept it and start looking for other ways to get traffic to your website. If you have one source of revenue dry up, you need to be flexible enough to try something new.