How Covid-19 Trauma Affects Business Performance With Dr. Don Wood - 195

Business Owners & Entrepreneurs Podcast with Peter Boolkah | Business Coach | The Transition Guy®

In today’s video, I speak to trauma and performance expert Dr. Don Wood about Covid-19's impact on business executives and owners. Over the last 18 months, many changes have occurred that may have been quite traumatic to most of us, whether we're conscious of it or not. Today, we talk about how the pandemic affected businesses and their leaders, and the effects of trauma that this pandemic has caused on performance.
The pandemic has been a huge game-changer and can really be a trigger for trauma. If there’s one thing that humans fear the most, it’s uncertainty. In our lifetime, there’s never been a greater period of uncertainty than now. So you can only imagine how the trauma from this pandemic affected business leaders, as much as it's affected a lot of other people.
The trauma that accumulates over our lifetime affects the way we act and make decisions. Everyone's familiar with our human fight-or-flight response to stressful situations, but there's actually 3 possible effects of traumatic experiences on us - the third one being to freeze.
With the pandemic, many business owners reacted to the unprecedented uncertainty by freezing, just hoping the horror would end and that things would go back to normal. Despite the immense impact on business performance, some just decided to wait it out and give in to their helplessness versus doing the actual pivot that their businesses need.
Dr. Don Wood says that, as a result, there’s sure to be a huge amount of emotional issues to follow after all of it being pent up during the freeze.
Stay tuned to see what he suggests we can do to resolve our trauma and the effects of trauma on our performance.
Timestamps:
00:38 - Trauma and how it can affect us
02:12 - The Freeze response and how the pandemic affected business leaders
06:25 – What can you do to mitigate your response to trauma
08:10 - Working through post-traumatic stress
10:22 – Storing trauma and how you can fix it
13:40 – Can the damage be reversed?
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CONNECT WITH PETER BOOLKAH:
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http://www.Boolkah.com
https://www.facebook.com/Boolkah
https://www.instagram.com/pboolkah/
https://www.linkedin.com/in/boolkah
https://twitter.com/boolkah
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ABOUT PETER BOOLKAH
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Peter Boolkah (AKA The Transition Guy) is the World’s #1 Bu

CONNECT WITH PETER BOOLKAH:
--------------------
http://www.Boolkah.com
https://www.facebook.com/Boolkah
https://www.instagram.com/pboolkah/
https://www.linkedin.com/in/boolkah
https://twitter.com/boolkah
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ABOUT PETER BOOLKAH
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Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses.
Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.
It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful.
As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all have aspirations of achieving great things. In fact Peter is yet to meet someone who started a business with the intention of failing.
Peter’s ultimate life goal is to inspire and empower over 100,000 Entrepreneurs to create long term thriving businesses resulting in the creation of 1,000,000 jobs.
So if you are scaling up your business, you’re in a bu...