Why Business Planning Is The Secret To Success For The Coming Year
Do you set aside time regularly to plan what you want to do in your business? If it’s not something you currently do, I strongly encourage you to embrace it for the coming year. Setting aside time to plan out what I want to do and more importantly what growth do I want to achieve in the coming year has been crucial to my own success. Over the next several weeks, 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. The first is 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.
As we’ll explore in a future blog post, with a clear goal in mind and a plan for the year, it becomes easy to walk 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.
Next, setting a big goal for yourself 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 college 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.
Last but not least, let’s talk about the subconscious. 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.
In short, planning and setting goals is important because it helps you grow faster. That means you end up with more money for yourself and your loved ones while spending less time slaving away at your desk.
The future vision of your business needs to be as specific as you possibly can. Jumping in with two feet can sometimes leave you and your family feeling unsatisfied and always playing catch up. Trying to figure it out as you go can work for some people but something or someone is always guaranteed to suffer. That is never part of the plan. Managing your company regardless of size has many moving parts. Finances and attracting team members are a huge part that should be considered from all angles.
If you are new to the small business industry, please don’t let anyone deter you from your goals, but be smart and do your homework. Your success is YOURS alone! Just because someone else may appear to have it all figured it out, you really don’t know what went on to help get them there. Your journey will be different. What sets you apart from everyone else is that you bring you to the table along with your gifts and talents that make you unique and special.
Linda ~ Wahm Addicts