There are less than 30 business days until the first day of 2020. Are you ready? If you don’t do something differently in 2020, it will be just like the last few years. This is for the business owners and entrepreneurs that are sick of monotony and want change as well as improvement. You will need to devote some regular weekly time to working on your business vs. in your business.
There are 3 key elements to having a new and better 2020 than 2019.
- Clearly decide where you want to be next year. What fundamental things need to be different for your business and for your outcome this time next year?
- Where are you now in contrast with where you want to be? If you don’t know where you are, honestly and specifically, it will be difficult to navigate to your destination.
- Develop a strategic plan for getting to your new destination.
First, what is ONE thing you want to be drastically different or better in 2020?
Most people take the “easy” answer and say, “I want to make more money.” But money doesn’t simply pour out of a magic faucet. We have to do things in our business to create more cash flow and more cash savings. Your cash generation and retention is a by-product of your goals and decisions. So let’s look at your Vision-Goal to see where you truly want to be before we start going anywhere.
This goal needs to be the type of thing that is exciting and motivating to you.
Remember when you first started your business? What was it that made you excited? What was your big Vision-concept? If that’s not written down – you need to get that done, pronto. I’ve got a step-through Vision-Generator that’s linked at the bottom of this article – feel free to use it to help you get your concise Vision Statement condensed down to one powerful statement that you, and your organization, can focus on.
The second part of this process is to honestly look and write down where you specifically are. When planning a trip to a new destination, we have to clearly understand your “Departure Location.” We can’t get to a new place without currently knowing where we are.
How do we find out where we are? You need to understand where your resources are being focused, used or spent now. Typically this is the answer to the question, “Where is my time going?” I have literally stood in a client’s office for a few hours and simply written down the things I saw happening and the responses to those things. I demonstrated for him because he was confused at the simplicity of what I was asking him to do.
In the next article, we are going to audit your bandwidth and take your new Vision Goal and create a strategic plan using the 7th Gear Framework to filter what your needs and resources should be. This will help improve your business in 2020.
This is Part 1 of 2 of the 2020 Business Vision.