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6 Steps For Making Business Wishes Come True

Bad Christmas GiftDo your family members write a Christmas Wish List for each other? Mine do. Ever since we were children we made a wish list for Christmas. And now that my family members live across the country from each other the annual Wish List is a welcome tool for helping us shop for each other. And I have discovered something amazing about this exercise…..when I share a wish list with my husband, sister and parents I tend to get what I want for Christmas! No more tacky Christmas sweaters and no more black socks….when I ask for what I want it tends to show up!

Do you do the same for your business? Do you have a wish list and a plan for what you want in your business in the coming year? Too many business owners put off this thinking until well after January 1 (if they ever do it all). Don’t wait! While you’re making your Christmas Wish List for Santa, take some time to make your Business Wish List too!

6 Tips For Writing a Business Wish List:

1) Acknowledge your wins.

What did you accomplish this past year? What results did you create? What are you most proud of?

Too many of us only focus on what’s wrong and what needs doing next. This mindset keeps us in constant state of angst, always looking for the next problem. Take a moment to reflect on your successes! Acknowledging your wins helps you see what’s working so you can set goals to build on this in the coming year.

2) Focus on your top goals.

Write down your most important objectives and outline the steps to make them happen. This makes your goals attainable and easier to focus on. You will start to see how to achieve them by just taking one small step at a time.

3) Prioritize your goals.

Give a higher priority to the goals that mean the most to you, and the goals that will make the biggest positive impact on your life. Even when they are long-term goals, ensure that you work towards them a little each day.

4) Have a clear plan of action to make your goals real.

Key Step! Consider how much time and effort each step of each goal will take to complete! Then, transfer each action into your calendar throughout the coming year. It’s not enough to think about WHAT you need to do, you have to plan WHEN you will take each step to achieve each goal.

5) Measure the progress of your efforts.

Keep a list of your accomplishments as you achieve them. Then, share them with the world. Be proud of every moment and movement knowing that success builds on success!

6) Take your planned action step when you’re most alert and productive.

We all have a time of day when we tend to do our best work. Plan your actions for this time of day (mornings often work well). You’ll feel great taking an important action and getting it out of the way before your day gets busy. And this successful step will lead to another and another.

 

You can make your business wishes come true! Take time now or over the holidays to create some goals and a plan for how to achieve them. If you’d like some help to structure your thinking and create your plan, give me a call at 403 669 8684 and I’ll be happy to help you!

 


Business planning for small business owners

 

“Failing to plan is planning to fail”, Benjamin Franklin

Some interesting facts about business planning and execution:
  • Businesses using plans are 12% more profitable
  • 86% of executive teams spend less than an hour a month discussing strategy
  • Of 26,000 start-up business failures, 67% had no written plan
  • More than 70% of companies with a strategic plan don’t execute it
  • Only 30% of Directors of 1,000 public companies say their company is achieving strategic success
  • Formal planning reduces risk
  • 80% of companies are dissatisfied with their planning and budgeting processes
  • Only 23% of companies use a formal strategic planning process to make important strategic decisions
  • 64% of leaders who use strategic planning processes say the planning leads to strategic decisions that allow the company to meet its goals and challenges
  • The top 10% of large companies surveyed experience real and material benefits from their planning processes – far beyond those of average companies. They’re enjoying improved control over costs, increased foresight, improved operational performance, increased transparency and insight into the business, a sense of shared purpose, and increased profit.

*stats originally reported by Mission Facilitators International

I work with business owners all the time who don’t have plan. If they do have a plan, they are usually not executing on it because they have not created actions steps and/or they are “too busy”. Yet research tells us that successful companies have and follow a plan.

I help business owners write simple plans they can execute! Because the planning is simple and action steps are included and scheduled in a calendar, execution rates increase dramatically and so does business success!

Today I want to share the business planning and execution process my clients find so beneficial. Enjoy!

Lead To Succeed: Being Effective – Plan, Calendar, Execute! from Venture Coaching on Vimeo.

Now it’s time to get to work on your plan and follow through! I would love to hear about your discoveries, so please comment on this post to share your experience.

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