As the holiday season approaches, many of us are looking forward to cozy nights in, hot cocoa, and of course, Christmas movies. But have you ever stopped to think about the business lessons that can be learned from these beloved films? From small businesses to large corporations, there are valuable insights to be gained from the characters and their journeys. So, let’s take a closer look at five small businesses from Christmas films and their performance appraisals.
1. George Bailey’s Building and Loan Association – It’s a Wonderful Life
In the classic film It’s a Wonderful Life, George Bailey’s Building and Loan Association is a small business that faces numerous challenges. From financial struggles to a run on the bank, George’s determination and resilience keep the business afloat. Despite facing setbacks, George always puts his customers first and works tirelessly to provide them with affordable housing options. This dedication to customer satisfaction is a valuable lesson for any small business owner. By prioritizing the needs of your customers, you can build a loyal customer base and ensure the success of your business.
Performance Appraisal: A+
2. Kevin McCallister’s Home Security Business – Home Alone
In Home Alone, Kevin McCallister may only be eight years old, but he proves to be a savvy entrepreneur. When left home alone, Kevin takes it upon himself to protect his house from burglars by setting up an elaborate home security system. He even charges his family members for their own protection. While his methods may be unconventional, Kevin’s resourcefulness and quick thinking show that age is just a number when it comes to running a successful business. He also demonstrates the importance of adapting to unexpected situations and finding creative solutions to problems.
Performance Appraisal: A
3. Buddy’s Christmas Decorations Business – Elf
In Elf, Buddy’s love for Christmas leads him to start his own business selling handmade decorations. Despite facing criticism and skepticism from others, Buddy’s passion and enthusiasm for his craft drive him to success. He also learns the importance of marketing and branding, as he creates a unique and eye-catching display to attract customers. Buddy’s determination and willingness to take risks are valuable qualities for any small business owner.
Performance Appraisal: A-
4. The Griswold Family’s Christmas Light Display – National Lampoon’s Christmas Vacation
In National Lampoon’s Christmas Vacation, Clark Griswold goes all out with his Christmas light display, hoping to win a cash prize to cover his family’s holiday expenses. While his intentions may be good, his lack of planning and attention to detail lead to disastrous results. However, Clark’s unwavering optimism and determination to make the best of the situation show the importance of perseverance in the face of challenges. He also learns the value of teamwork and delegation as his family comes together to help him fix the lights.
Performance Appraisal: B+
5. The Kringle Toy Company – Miracle on 34th Street
In Miracle on 34th Street, the Kringle Toy Company is a small business that faces fierce competition from larger corporations. However, the company’s owner, Kris Kringle, stands by his belief in the magic of Christmas and the importance of spreading joy to children. His genuine care for his customers and employees sets the company apart and ultimately leads to its success. This serves as a reminder that in the business world, it’s not always about being the biggest or most profitable, but about making a positive impact and building meaningful relationships.
Performance Appraisal: A
In conclusion, these Christmas films may be entertaining, but they also offer valuable lessons for small business owners. From customer satisfaction and adaptability to passion and perseverance, these qualities are essential for success in the business world. So, as you sit down to watch your favorite holiday movies this year, keep an eye out for these valuable business lessons and let them inspire you in your own entrepreneurial journey.
Performance Appraisal: A+
