Oscar Winning Film Encanto Teaches Us 7 Business Lessons

Oscar Winning Film Encanto Teaches Us 7 Business Lessons

We don’t talk about Bruno, but we do talk about business!

Last year gave us a lot of gems when it came to youth-oriented movies, be it Spider-Man: No Way Home or Encanto. Not only did these movies bring the action and some great music, they also left behind some valuable lessons for startups. Here, we are taking a closer look at Encanto, the 2021 Disney movie that revolves around a family whose members—except one, Mirabel—are gifted with magical powers. Mirabel is often cast aside by her grandmother, Abuela Alma, because she didn’t receive any powers.

However, when Mirabel discovers that the magic is fading, she is determined to save it. And she is not alone in doing so. Isn’t that what a successful business is about anyway: working together to build a solution to a problem faced by one’s target audience?

With that in mind, here are seven business lessons you can learn from Encanto:

Conventional isn’t always good

If Mirabel, too, had magical powers, would she be able to save everybody? Probably. But the point is, she did so without any. Just because everyone else possesses a certain quality doesn’t mean you need it to succeed, either. Think beyond the convention and make the most of what you have. Rest assured, if your spirit is anything like Mirabel’s, you will come through with flying colors. 

And remember, in the end, it wasn’t the powers that saved everyone. It was Mirabel’s empathy and passion for never giving up.

Be open to trying new things

Mirabel’s sister Isabela’s magical power is that she can grow flowers wherever she wants with a flick of her hand. Her power is associated with beauty, a feature she is celebrated for. So much so that she is always expected to be the perfect, beautiful child who will get married and carry the family line forward. However, she soon realizes that that is not what she wants. And upon exploring her powers more, she finds that not only can she produce beautiful flowers, but she can also produce exotic plants, like cacti and sundews. 

When it comes to trying new things, don’t be afraid of failing or falling short. After all, that’s how you discover unique aspects that work for your business. 

Don’t ignore your critics

When Mirabel told her grandmother, the matriarch of the family, that the magic was fading and the house—Casita—was falling apart, the latter simply yelled at Mirabel and told her off. In the end, the grandmother had to rely on Mirabel to save the house. So, if your critics point out your flaws, don’t turn a blind eye to them. Prioritize customer feedback. It will help you build a better business after all. 

It’s important to de-stress

Luisa, Mirabel’s sister, is the strong one. She can move mountains, goats, you name it. However, a burden she is unable to move is the one placed on her shoulders. She feels the pressure to protect her family from harm, thus boosting her stress levels and affecting her magic powers. Launching a startup is a stressful business. And if you don’t cull out time to destress, you might experience burnout and make poor business decisions. So, make sure that you balance your work and life. 

Build a team that thrives on collaboration

Had the Madrigal family not worked together to revive Casita, they would have been left without a home and powers. Ultimately, the success of your team depends on collaboration between your team members. 

If things don’t go your way, don’t give up

When Mirabel’s ostracized uncle Bruno—known to predict the future (usually a negative one)—was trying to conjure up a vision to help Mirabel save the magic, he came up with many that were unsatisfactory. But he didn’t give up. With some additional focus, he produced a vision that Mirabel could actually see through. So, if things aren’t going your way, perhaps it’s time to switch up your tactics, try a new strategy or attempt the same thing differently. Just don’t throw in the towel!

Don’t aim for perfection

Throughout the movie, you can see how Isabela and Luisa, though conventionally perfect in their strengths, were burdened by the magic they possessed. In their bid to be the ideal child, they weren’t able to explore their identity fully and felt stressed all the time. So, when building a business, don’t aim for perfection. Instead, keep experimenting with your business. In this dynamic economic environment, it helps to explore new things that your company can optimize on. 

For more inspiration, just press play on the Encanto playlist! 

Also read:

Header Image by Flickr

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

LinkedIn Launches Tools to Boost Job Seekers' Safety and Confidence

LinkedIn Launches Tools to Boost Job Seekers’ Safety and Confidence

Networking platform LinkedIn has introduced a range of tools to empower job seekers to confidently navigate their job search process while ensuring their safety and security. The latest updates include the implementation of verifications on job posts, enabling the display of verified information about job posters or their companies.

A Step-by-Step Guide

The Power of a Wikipedia Page for Your Business: A Step-by-Step Guide

The one thing that builds trust between your company and its potential customers is having its own Wikipedia page. It is the first thing that shows up when someone looks up your company (besides your website of course!) and gives potential customers all the information they might need about your business.

Top 5 Unique Pet Care Startups to Watch

From Diagnostics to Play Dates: Top 5 Unique Pet Care Startups to Watch

All pet owners out there understand the feeling of wanting to do whatever it takes to make their furry companions’ lives just a little bit more comfortable. It is perhaps that exact feeling that has made the average pet owner spend over US$1,300 on pet care a year. According to a 2021 survey conducted by the market research firm OnePoll, 52% of Americans spend more on their pets than they do on themselves each year.

Course5 Intelligence Gains US$55 Million Funding Boost

Course5 Intelligence Gains US$55 Million Funding Boost; Closes First Round Successfully with 360 ONE Asset’s Tech Fund

Analytics and artificial intelligence (AI) solutions company Course5 Intelligence has recently announced its plans to raise a funding round of USD 55 million. The initial closing of the funding round was achieved through the participation of 360 ONE Asset Management Limited’s Tech Fund, which specializes in investing in promising technology companies. Leading the round, 360 ONE Asset invested US$28 million in Course5.

How to Find Your Company’s North Star Metric to Ensure Success

How to Find Your Company’s North Star Metric to Ensure Success

In the world of business, having a singular goal to focus on can be the key to success. That’s where the North Star Metric (NSM) comes in. Coined by startup investor Sean Ellis, the NSM is the measure of the value a company is delivering to its customers and is used as a means to predict the growth of the business.