So you’ve got the goal in mind, how will you score it?
In my last blog, I explained why having a goal is central to your overall well-being and the steps needed to getting the right goal. You can read that detail here if you missed it. In this blog, I’m giving away my blueprint to achieve business goals you’ve set.
1. Break it down
With your goal for the year in place, you’ll need to break this down into at least monthly targets. In doing so, you can put a plan in place to get there.
2. Match review
Just like a football manager, you’ll need to make changes in order to climb the table and hit your goals, but which ones? My previous posts are full of ideas to grow your business. I’ve linked below to some that I believe will really guide you to carve a plan to achieve business goals:
Profitable marketing – discover what’s working well and do more of it!
4 tips for effective cost-cutting – send more money to the bottom line by cutting out unnecessary costs
Diversification: 3 ideas to increase sales – understand how to use your products/skills to the max in all markets
3. Plan your attack
With ideas sorted, document your plan. Just like your targets, break your plan down into monthly actions. Remember to include the following:
Who (will be responsible for completing it)
When (should it be done by)
4. Team talks
As a small business owner, you’re likely accountable to very few people. One of the problems with this is that it removes the gravity of the result and the priority given to the tasks to make it happen. If no-one but you cares whether you achieve the goal you’re less likely to give your plan the attention it deserves.
Fear of failure can prevent us wanting to share with the world what we are aiming for. For those brave enough to do so, it can be the motivation to ensure failure isn’t an option.
If you have a team, share with them the business goals (they’re probably less interested in the new car you’re after!). If they don’t know what you’re aiming for they won’t strive to help you get there. Think about what might motivate them to achieve the goal, can you put an incentive in place?
If you don’t have a team then share your goal with a family member, other business owner or a coach. Ask them to make you accountable and provide them with monthly updates on progress to keep you on track.
5. Check the scoreboard
Don’t forget to keep checking the scoreboard to see how you’re doing. Monthly progress checks will give you the opportunity to make adjustments to stay on track. More importantly, it affords you an opportunity to celebrate successes. Not only does knowing you’re on track make you feel amazing, it will keep motivation and momentum up.
6. Goal celebration
Reward and celebrate your wins. This goes for you and your team. Give yourself a little treat when a target is reached, that too will help keep your motivation high. For your team, how can you thank them? Often praise itself is enough to let staff know they’re appreciated.
No matter how well your business is doing, you’ll always strive for a bit more. Whatever your position, why not take advantage of a free 2 hour business review with me and really kick-start 2018? I’ll leave you with genuine ideas on how to improve your business so you can achieve those personal goals.