Do you make a New Year resolution for your business? If it’s not something you currently do, I strongly encourage you to embrace it as this year draws to a close. Setting aside time at the end of the year, to plan out what I want to do and more importantly what growth I want to achieve in the coming year has been crucial to my own business success. Over the next seven days, I want to share some of what I’ve learned and what I’ve found helpful with you.
Let’s start off by taking a look at why business planning is “the secret” to success. There are a few different factors that come into play here.
Planning promotes efficiency.
When you go in with a clear plan, you can focus on what’s most important. Instead of spending time trying to figure out what you should be working on, what pieces of the puzzle are missing from your product funnel, or what you need to do to break through to the next income level, you know exactly what needs to come next.
With a clear goal in mind and a plan for the year, it becomes easy to work backward to create effective and efficient daily to-do lists. Work on what needs to get done each day and you will reach your goals.
Setting a New Year resolution for your business helps you think outside the box.
If you don’t believe me, try it. Decide on a big income goal for the coming month. Write it down. Keep it in front of you. Then get to work and start to notice what happens next.
- You start to think of things that didn’t occur to you before.
- You come up with creative ways to get more traffic.
- You decide to run a fun promo that adds dollars to your bank account.
The same happens when an important deadline comes up unexpectedly. Think back on that time in school when finals rolled around, or the last time your in-laws told you they would stop by later in the day. You got very creative about studying and cleaning, respectively.
Our subconscious is always working.
So far we’ve been focused on what we are actively doing to make progress by making a plan, setting goals and following through. There’s another dimension to all this and that’s what’s going on in our subconscious mind. While we are busy plowing through our to-do list, cooking dinner for the family, and even sleeping, our subconscious mind is working towards those goals as well.
Planning, setting goals, even if it's just a New Year resolution for your business, is important because it helps you grow faster. So go ahead and make a New Year resolution for your business, make your plan for execution, and reap the rewards all year long!