As a business owner, you may have several goals that you wish to meet, whether in your company or personally. Do you want to retire at a certain age? Perhaps you want your company to have a specific monetary value. Or maybe your goal is to generate a certain amount of profits or revenues this year. You can make the decision to make 2014 the best year yet for your business, and here’s a few pointers to keep you on track.
First, define your goals and write them down. A goal that isn’t written down is only a dream. Next define your goal with specific end results. Saying “I want to earn more money” is a dream. Instead, assign a value to your goal. “I want to earn an extra $50,000 this year.” Next have a plan with steps to reach that end goal. If your goal is to earn an extra $50,000, what do you need to do each month, week and day differently this year to reach that goal?
Another strategy to help you make 2014 the best year yet for your business is to create systems for your business. Do you keep accurate records for transactions? Do you track your progress? Is your business a well-oiled machine and would it operate without you if you were ill or took a vacation? Creating an enterprise that generates passive income is reliant on having proper systems in place for how things are done. Once you begin keeping accurate records, then you have measuring sticks to gauge your progress. You can then assess objectively how far you have come and how far you have to go. Otherwise, you will be like a driver with a destination in mind but without a map or GPS to guide you.
Lastly, engaging the help of a business coach will help you make 2014 the best year yet for your business. A business coach will help you to uncover areas that need improvement and keep you on course when you get side tracked. He or she will help you objectively observe and analyze the situation without getting blinded by emotions and tell you what you need to do to make tweaks and improvements in your tactics.
Although you may have a successful business already, anyone of us can improve and create an even better version of ourselves. Understanding that an Olympic athlete hires a coach to help them win the gold and not to come in third makes you realize that it just may be time to get that extra push to make 2014 “Your Best Year Yet!