With the Coronavirus pandemic, more people are now locked in their homes, working remotely. In such situations finding inspiration could be very difficult for all of us. Movies has always been a great source of inspiration for us. You can find motivation to think differently about everything, from life to business. In this article, we want to introduce 4 movies to you that have valuable business lessons for you. Stay tuned!
Back to the Future
The concept: It seems needless to recapture such a movie, but this movie follows a boy who, with the aid of an eccentric physicist and a time-travelling DeLorean, inadvertently travels back 30 years. They have to rebuild history together, and return it to the current day.
The lesson: Consider the consequences of your immediate actions over the long term. Get ready for every possible consequence, even-and perhaps especially-the worst-case scenarios. What if a shareholder backs out, or if your supply chain breaks down? And, in the context of the new market environment, what if you are required to stop activities temporarily? Upon watching this film, you can realize that managing a tangled network of interdimensional timelines is not inherently different from designing an emergency plan for the company.
Fyre: The Greatest Party That Never Happened
The concept: Fyre Festival might have been the biggest fiasco in 2017 and could go down in the history books as one of the most notorious failures in the country, in the possession of a dishonest entrepreneur and a popular rapper. This documentary movie brings you behind the scenes of those personally engaged with the would-be lavish music event, showing what happens and how it all fell apart as participants assembled to discover out the truth was a long cry from what was advertised.
The Lesson: This film is full of reminders of what not to do, the most important being making no guarantees that you can’t deliver. Yet from a more pragmatic point of view, the message is to be smart about when to make your investment. Billy McFarland, antagonist of the movie, software entrepreneur, and co-founder of the festival, invested a lot of money in advertising the festival, primarily by celebrities and social media influencers. That’s all fine, except for a tiny detail: he has neglected to invest in the company.
The concept: Built on the novel of the same name, Moneyball narrates the story of the 2002 season of the Oakland Athletics baseball team, in which general manager Billy Beane uses a creative and unconventional path to bringing together a winning roster.
The Lesson: The secret to success is to change. Billy Beane realised Oakland had no chance of succeeding in the league without any of the financial resources other teams had at the same time. This being the case, he needed to step outside of the box in order to build an ideal lineup, which included taking major chances and making bold, unexpected choices. This is an exciting story about the outsider going up against the biggest powers — sounds like a lot about startups that I know.
The concept: Inspired by Leigh Steinberg, a sports agent, this movie monitors the adventure of a successful football agent who becomes saddened by the state of sports management. He sets out on his own after getting dismissed in hopes of operating with less customers in an effort to create stronger personal relationships.
The Lesson: Build your unique road to victory. Much of this movie identifies the hardships and suspicions that come with leaving behind the convenience of an existing company to launch a new venture. The film is a strong reminder that you will take several different paths to arrive at a pleasant destination. But first, find out how performance is described.
So, the next time you get to yourself for a few hours, settle back, relax, enjoy the show, and grab a notepad; you’re likely to learn some more business lessons to carry back to drawing board with you.
What do you think about these movies? Have you ever learned any business lessons by watching movies? Share such movies in the comment section below.