Top 3 Things to do During the COVID-19 Pandemic
This huge crisis is affecting everyone but while others are not doing anything, you can turn this into an opportunity for development. To help you with this, here are the top 3 things to do during the COVID-19 pandemic.
WHAT IS THE CURRENT SITUATION?
During this whole crisis, a huge number of people are sent home but the government still needs help to provide the necessary personal protective equipment for people on the frontline.
In order to help, I created a team weeks ago to help analyze the areas in which the virus is most likely to have great impact, search for sources, and purchase supplies and goods.
As a result, we have secured multiple sources from multiple states and we are in the process of fulfilling $20 million orders.
You see, even with the huge crisis, there’s still opportunity for federal contractors and it is on you whether to capitalize on it or just stay in your houses and not doing anything.
WHAT CAN YOU DO?
1. Learn the marketplace.
Don’t dwell directly just because the demand is huge. Rather, be cautious with your every step. Remember that the government may be spending a lot of money but you still need to take precaution before dealing with an industry and marketplace that you don’t know yet.
It’s wiser to wait and try to figure out the industry first. Research how the process works and what are the requirements that you need. Understand the demand on the product or service that you want to offer. Learn how to negotiate and to search for contracting opportunities.
This way, after this crisis, you already have the necessary knowledge on how government contracting works and you are already ready to land on your first contract.
2. Seek out a mentor.
You need to experience how everything works not just through your research and you can do this by working with an already established company or seek out a mentor.
There are a handful of free programs that the federal government provides for aspiring contractors and you can also learn from the industry by working with a company who is already doing business with the government.
With your job in that company, you will soon learn the process from submitting proposals up until the bidding phase and other important steps that government contractors should experience.
Just remember that the key here is to learn while experiencing the process. This way, you can personally add value towards the government marketplace.
3. Find a partner you want to work with.
In working in this industry, you need a partner or a group of people to help you establish your business in terms of finances and others.
You can meet a lot of established contractors and professionals through free online and offline events and conferences organized by various government agencies. You might not know, you’ll soon be meeting the perfect business partner to win contracts together.
Just remember that with finding a partner, be with someone who has the same values as you and whom you can learn from. This way, you continue to achieve growth and success together without having too many misunderstandings.
If you want to watch the full video on the top 3 things that you should be doing during the COVID-19 pandemic, then be sure to click the links below.
Special Episode: Eric tells us the top 3 things to do during the COVID-19 pandemic