2018 Wrap Up
Ahh the holiday season; long naps after too much turkey, deciding on the perfect gifts, holiday parties, and planning New Year’s festivities. Then there’s finishing out the year’s sales, tightening up the books, and writing budgets for next quarter or the whole year!
It’s that time again, when we pause to reflect on the year that was. What can we fix? Where do we need to focus our strengths? How do we make our businesses more profitable? These are all necessary questions an entrepreneur should be asking themselves, and it seems coded into our DNA that the most important time to reflect is at year's end. Now it’s time to set new goals, make meaningful resolutions, and reflect on the last 12 months.New Resolutions and Goals
Let’s define your resolutions as opportunities for personal growth and your goals as those things you want to accomplish professionally. Both are equally important and both can profoundly impact one another. If spending more time with your family is one of your resolutions and your happier because of it, than that could lead you to more productivity at work which leads to greater success. If managing labor and improving your delegation skills are your goals, when you achieve them it will allow you to spend more time with your family. There is more to both goals and resolutions than simply writing them down on your new 2019 calendar, or proclaiming “In 2019 I’m going to…”
Too often, goals and resolutions are shouted from the rooftops for all to hear, but then quietly fizzle like the wet fuse of an undetonated firework. To avoid feeling like a dud there are a few things to consider before stepping onto the roof.
- Be realistic: An easy way to not be successful is to set a goal that’s too ambitious. Think about incremental increases and improvements instead of all or nothing goals.
- Make a plan: Develop a plan with actionable steps. Know who is doing what and when. Set deadlines for progress.
Losing 10lbs by February 14th is a goal. Losing 2lbs a week for 5 weeks and then maintaining that weight for 2 weeks is a plan.
Another example of a plan would be to exercise 1hr a day - 4 times a week, or using an app to track how many calories you eat and how much water you drink. Create actionable plans!
- Hold yourself and others accountable: The first thing that comes to everyone’s mind when you mention accountability is the letdown that comes along with not getting something done. Yes, there should be consequences for poor performance but don’t forget to flip the script. Show praise and appreciation for a job well done, acknowledge hard work and effort and publically as possible.
- Ask for help: We all need help once in a while and it’s ok to ask for it. Whether it’s a friend, family, or coworker there is someone who is not only willing to help but wants to help. Understanding your weaknesses is a strength, looking to others who can help you only makes you stronger.
Another Year Reflected in the Rear-view Mirror
Being able to honestly reflect on yourself and your business is crucial to your growth as an entrepreneur and as a person. Everybody wastes time on shoulda, coulda, wouldas. Your reflection is a learning process. This holiday season make a point to reflect on what you did right. Celebrate your successes and find opportunities to expand upon them. Knowing what you did well can be more valuable than dwelling on the negative. The new year doesn’t have to be about reinventing the wheel, sometimes you just need to check the tread and put in a little air.Take time in the last weeks of the years to feel good about yourself. Positivity will help prepare you for success in 2019. The holidays are a great time to get involved in your community. Learning more about how you can serve the needs of others benefits you both personally and professionally and remember feeling good about doing for others is a great thing! The smallest of actions can have a huge impact in someone else’s life. Clean a beach or park, serve food at a shelter, donate blood, donate toys for children, spend time with others in the community who don’t have family nearby, clean out your closets and donate the clothes, or clean out your cupboards and donate food, and don’t forget to use your business skills and experience to make a difference. There are entrepreneurs who can benefit from your expertise as a mentor in your field. Getting involved offers the opportunity to make a difference, meet new people, and build connections. The members of SRQ Exclusive work together all year to help one another identify, plan, and accomplish our personal resolutions and professional goals. If you’re not already a member of SRQ Exclusive joining our group can be both a resolution and a goal, we’ll be here for you throughout 2019!
Happy New Year
We Wish You Your Best Year Yet