Monthly Archives: July 2015

Is It A Business or A Legacy? Planning For The Future

Anybody who runs a business knows about the importance of goal-setting and planning for the future. Whether you make business goals or personal goals, it’s important to  know just exactly where you want to go, and know whether what the actions you take and the choices you make will get you to your goals.

Just as important is understanding and planning for things that can affect your progress towards your goals. Practicing flexibility and foresight in making plans for your business (and yourself) for the future is a vital skill for any entrepreneur. Here’s some advice to help you with that:

Have a clear picture of where you want to be. Envision.
Any business, no matter what its size, is challenging work. Aside from the daily ops, there are  countless other issues that can take up your time: crunching the numbers, juggling finances and balancing accounts,  going after delayed collections, dealing with  disappointed customers, facing the imbalance of family-time versus time spent on the business…when you’re busy dealing with all of these things, it’s easy to lose sight of what you’re working for.

Why do you have your business? What made you choose it and keep with it? What did you want to be from it. What did you see it make possible for you? You want to live your dream? What is your dream? Be specific.

Knowing why you’re doing this can give you the  strength to deal with all the things that can irritate you, aggravate you or just plain  infuriate you about your business.

And having a clear picture in mind encourages you to be aware of where you want to be — in the next quarter, or the next 6 months,  the next year, the next 5 years, and so on. Knowing what you want to happen and where you want to be by a certain time, you constantly have goals to works towards and pull you onward. You won’t coast, you won’t assume everything is going well. You’re maintaining awareness of the intimate health details of your business.

No matter where they come from, truly successful people keep working towards their particular goals.
Take time to write down your goals . This solidifies these goals in your mind and in your heart, giving you the drive and the energy to shoulder the workload, stomach the disappointments and downturns, and  help keep you steady. Goals can change with each stage our our lifetime and our business, but successful people are motivated by their desire to accomplish these goals. They focus. They shoulder aside distractions. The know that the things they choose to do have an end in mind, and they want to reach that goal.

When we’re tempted to throw up our hands in frustration, or throw in the towel in despair,  clear goals can help  us weather those dark times. Knowing the important reason why you’re working so hard lets you figure out how you can adjust so you can keep going. Continue reading Is It A Business or A Legacy? Planning For The Future