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Applying aviation principles to business

Discussion in 'Ideas, Needs, Concept Feedback' started by Valhalla, Mar 25, 2019.

  1. Valhalla
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    Valhalla Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Throughout my career as an airline pilot, I have learned many things about the importance of procedures, checklists, leadership, communication, prioritizing, stress management and decision making among a pile of other lessons learned formally or through on the job experience. When venturing into various businesses (holiday rental management, product development, ecom, interior design firm) I have instinctively applied these same principles I use on the flight deck. When I started talking to other business owners about this, it quickly became apparent that this method was appealing to non-pilots as well and was something they lacked within their own operation. I then tested this by freelancing consulting services online and found it to be successful albeit a little off the cuff on my part, taking on their issues as they come. While I feel there is value here, I find the consulting fulfilling but not very productive (no scale/violates time principle). I have been looking at ways to translate these principles to a wider market including Saas, community building, podcasting, online training but I can't seem to hit an idea on the head that appeals to me from a client perspective or CENTS. I have thought of splitting off the different components to test them ie. Business decision making models or development of procedures to make an owner/operator company saleable.

    With such a broad aim of improving businesses overall operation and in turn, the communities in which they operate, I am having issues figuring out where to take that first bite. The last thing I was to build is another clickbait company claiming they can solve all your issues with one miracle cure.

    I am hoping for some feedback as to if/where you see value, if there's potential for a fastlane business and potential barriers as well as any other thoughts that may spring to mind. Thanks for taking the time to read it, I did my best to make unramble it.
     
    NMdad, Sheens, Kak and 2 others like this.
  2. ZF Lee
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    ZF Lee Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Definitely value is there in the market!

    I especially liked the Point-and-Call system used by Japanese train crews to minimize error in timing and procedures:

    View: https://youtu.be/xzkU6tmdImY
     
    Frank H. likes this.
  3. Valhalla
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    Valhalla Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    Absolutely, following up a critical action or check with a physical or oral acknowledgment as they do is so important. I have housekeepers from my rental properties send me a text after a turnover simply saying "checklist complete" which I'm sure annoys them but since installing this simple thing to ensure they're referring to the procedures and checklists, it's been a massive reduction in the number of complaints or missing items and saved me tons of time with quality control and unnecessary communication.
     
    ZF Lee likes this.

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