Let's go on a trip. . .a trip to 2011! As a business owner, think of this as taking a vacation WITH your business. If I am going on vacation, I would first look in my past and answer some specific questions about that vacation. What was fun? What didn't exceed my expectations? Was the airline great? Was the hotel chain one I'd use again? Getting ready for 2011 with your business means looking back at 2010 and asking some thoughtful questions.
1. What worked great in 2010? What did you learn new about your business? What big WOW did you have? What inspired you about your business? Was there a book or author that really made you think about the future of your business?
2. What didn't work well in 2010? Were you less profitable because expenses were up? Or sales were down? or a combination of both? What customers were NOT profitable?
3. What is changing in your industry? What are your colleagues doing or not doing differently? What is new in your industry or on the horizon? Jack Welch noted that at GE, 50% of all product and service sales come from business that did not exist five years before -- how current are your offerings?
4. What is changing in your business? Are there opportunities in your local market, in your business? Are you maximizing all your internal potential?
If this sounds a lot like SWOT analysis, it is and should be done at least once a year - Make 2011 awesome by planning to NOT repeat what didn't work in 2010.
"Getting ready" is something that athletes understand because if you are not ready, life just rushes past you. To help business owners "get ready" and stay on track, Changing Lanes LLC is starting TODAY and on the First Monday of each month a business Chat on Facebook for those that choose to "Like" Changing Lanes LLC.
Noon to 1PM EST - First Monday - Join me today! Just go to http://www.facebook.com/Changinglanesllc and "Like"
Copyright 2010 Linda Fayerweather MBA EA
http://www.changinglanes.biz/
419-897-0528
Consider working with a coach or a MasterMind Team to make 2011 the year of your dreams!
Dream Big, Take Small Steps
December is the perfect time to consider your goals for the next year. In between servicing your clients/customers, closing your books, and enjoying the holiday, take some time to contemplate the upcoming year.
• What do you want to accomplish?
• What do you want your business to look like next December?
• What one thing that you have control over could change or shift and make a huge impact on your business?
Once you've spent some time with these questions, begin to formulate your goals and intentions for 2011. Dream big! That reminds me of Les Brown's quote: "Reach for the moon; even if you miss, you'll be among the stars."
Many of us are afraid to dream big. Here's why and what to do about it:
1. Those big dreams bring up our doubts and insecurities. Many of our limiting thoughts, such as, "who am I?", "why would I think that's going to happen to me?" show up. That's just fear talking! Big dreams always us the opportunity to push through our fears and expand what we believe is possible.
2. We wonder HOW we could pull it off! Don't worry about the how. Instead create a plan. Take Linda's One Page Plan for Success workshop and you'll learn how to create projects with small action steps. Those small steps are all you need to focus on. As you complete those small steps, with the big dream in mind, you might be inspired with new actions to take. Repeat! Before you know it, the path to the big dream will begin to take shape.
3. We aren't totally committed to our goals. Sure, we've all heard that the truly successful people write out their goals and review them throughout the year, but that's not how some of us operate. Instead, we write out our goals and never think about them again. Or worse yet, we keep changing what we are dreaming about, so nothing ever gets accomplished! Are you passionate about your big dream? Are you excited when you think about accomplishing that this year? If so, then find a way to hold yourself accountable, all throughout the year, to take the necessary action steps, so you don't fall into bad habits like procrastination, analysis/paralysis or distraction (chasing after another dream). Some ways to stay accountable are to find some accountability partners, perhaps join a mastermind group or hire a coach, or create a way of holding yourself accountable using a tracking system.
Enjoy dreaming!
Pat Altvater
Transforming Bodies and Minds
http://www.outsmartweight.com/
http://www.ignitethepowerwithinbook.com/
419-344-6613
Business Planning for the Growing Business
Business Planning is not Just for Startups. In fact, most major corporations have a plan and it is written! It has Goals that are used to keep shareholders informed.
Join, Linda Fayerweather on December 15, 4-5PM on a live webinar for tips and tricks to get a plan in place for 2011. You will Learn:
• How to use a SWOT analysis to build a plan;
• What a plan must have - any plan - personal, business, marketing, strategic;
• Keys to a successful goal.
If you are interested - Like http://www.facebook.com/Changinglanesllc and check out the events for details - This is a free event.
