When the Launch4Life team is not busy working, we like to spend some “sister time” together. One thing we love to do is watch Netflix. Right now, we are finishing up the second season of Netlix’s “The Crown.” If you are not familiar with the show, it’s a biographical dramatic series centered on the reign of Queen Elizabeth II, the United Kingdom’s current and longest reigning monarch.
While it’s true we love all things British, there are lots of reasons we are enjoying this show. The producers of “The Crown” have done an excellent job of portraying the history and politics that has plagued Queen Elizabeth II’s career as a monarch. After watching an episode this weekend, I was struck with just how many business lessons can be learned from watching this award-winning drama.
To be honest, before watching this show, I really had no idea what it took to be the “Queen of England.” To put it lightly, it’s a lot of work. When she was only 25 years old, Queen Elizabeth II became the head of state of not only England, but also the United Kingdom, and many other countries and territories around the world. It’s almost as if she became the CEO of global company than a divine-rule monarch. For the past 60+ years, she has provided an excellent role model of a strong global leader. I almost see her as more of a CEO of a global conglomerate, than a divine-right ruler.
So with that in mind, here are a few of the business lessons I learned from watching “The Crown.” I believe these lessons are timely and relevant to any entrepreneur or self-employed business professional.
Everyone Needs A Mentor
Queen Elizabeth II was limited in her educational upbringing. If you can believe it, she was primarily homeschooled. When she ascended to the throne at a young age, she felt she lacked the education to serve as an effective leader. To help fill in the gaps, she secured the services of a private tutor. In addition, she sought the good counsel of those around her. The queen never makes a rash decision. Instead, she seeks the advice of others, weighs the pros and cons, and makes that final decision herself.
As entrepreneurs, it is important to continually invest in our education. We can do that by reading books, attending workshops, and signing up for classes. Sometimes we need to seek out one-one-one mentoring, which is why it’s so helpful to work with a coach. Lastly, it’s vital that we have a good support system in place that includes a wide range of business colleagues. It is for that very reason that so many solopreneurs seek out business communities to join.
Belonging to a Mastermind or Membership group aligned with your industry can provide a whole slew of mentors. While sometimes it may feel overwhelming to know all there is to know to run our businesses, it’s important to learn from the wisdom of others. You owe it to yourself to always be learning and you owe it to your company and customers. You have a responsibility to be the best that you can be.
Let Us Be Frank
Watching “The Crown” we discover that Elizabeth strives to be open and honest in her communications. Whether she is butting heads with her Prime Minister, palace staff, or members of her family, the Queen never minces words. She always seems to speak simple and direct. Even better, she is always open and honest.
It is important for business professionals to display candor with their clients. Contrary to public opinion, the customer is not always “right.” When they are wrong, we must be frank with them. There have been times where we have had to be brutally honest with our clients. For instance, when we provide a marketing audit we never sugar-coat the results. Instead, we give our clients a full analysis of everything they need to do to better market their business. Although, we do always like to point out what they are doing “right” as well.
Balancing Work & Family is Hard
The most dramatic episodes of “The Crown” revolve around the conflicts the Queen is experiences with her own family. She is constantly struggling with a husband who seems threatened by her leadership. She painfully suffers the consequences of putting the needs of monarchy before the needs of her sister. And worst of all, her daily responsibilities get in the way of spending time with her children.
You don’t have to be a monarch to know that juggling our personal and professional life is a constant challenge. It seems even harder to maintain that balance when you are self-employed. Unlike employees, the majority of us don’t clock out at 5pm each day. Instead, with a home-based business, the start and end of work day can become grey. There is always the temptation to just keep working.
When we focus all of our time on running our business, we can easily neglect the special people in our life. For this reason, it’s vital to carve out some downtime and make your family, friends, and yourself, a priority. We must find ways to maintain that balance. Which is why Janet and I, like to take time out and watch Netflix together as “sisters.”
So those are just a few of the takeaway’s I got from watching “The Crown.” I highly recommend you check out this awesome Netflix series. It’s a great show that will not only entertain you, but teach you a bit of history, and provide some great lessons on business and leadership.