What’s Your New Year’s Resolution? Business Resolution 101
Most people make a resolution for the New Year. Whether it is verbalized or not – it’s in your head that you are going to change or improve something…or stop doing other things.
But how many people really stick to that resolution and actually make the change?
Many vow to start going to the gym in the New Year. I know that when I would frequent the gym – come January there was an influx of new members. All of a sudden the lines at the machines were longer, but I always knew that come February everything would go back to the norm. It’s sad to say that so many made these resolutions that they couldn’t keep.
Definition of Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein, (attributed) US (German-born) physicist (1879 – 1955)
The same can be said about business resolutions. So many business owners believe that in the New Year things will be different – a fresh start. But do they really keep up their end of the bargain? Are they really willing to change the way they look at their business and try new approaches? Not sure….
Here’s a list of 10 great resolutions – which, if followed – will make 2010 your best year ever:
- Resolve to stay optimistic. Anticipate the most favorable outcome out of every situation and see the opportunity in every difficulty
- Resolve to identify the most powerful benefit you offer and then deliver it. What is your company’s Unique Selling Proposition? Make sure everyone knows what makes your company different.
- Resolve to delegate – train your employees to take on tasks and take work off your plate.
- Resolve to pump-up your personal vitality. Ninety percent of all adults do no physical exercise at all. More than half of us are overweight. A third of us still smoke. So, this year, resolve to enhance your physical, emotional and mental vitality.
- Resolve to increase your company’s presence – join a networking group or business organization
- Resolve to be habitually generous. People have a deep-rooted drive to give back. So resolve to search for ways to contribute to others. Our team is donating our time distributing food at the Local Food Bank. Do what works for you.
- Resolve to go on a mental diet. Avoid the temptation to vent your negativity on others. Instead, use words that are positive and connect with others.
- Resolve to have a Work/Life Balance – having balance in your life makes for a better spouse and business owner.
- Resolve to make business planning a quarterly event or even a weekly event – without a plan you won’t know where you are going. Most of the time things happen when you set them on paper – write down your goals.
- Resolve to make your goals achieveable and measurable – why create a goal that is so far out of reach that it’s impossible to obtain? Be realistic – take 3 goals to focus on for the quarter.
In my opinion everyone can always improve and learn how to grow personally as well as professionally.
If you are a business owner who has made a resolution to :
- Invest in yourself and gain the knowledge that can help you get your business growing again
- Make more money and have positive cash flow NOW
- Learn how to execute low cost strategies to improve your profits
- Convert more leads into paying customers who keep coming back
Attend our upcoming Business Growth Seminars hosted by Ring’s End on January 13th or February 2nd from 3:00pm-5:00pm at the Ring’s End Educational Resource Center - It’s FREE!!
OR
Would you like to learn more about how we can help transform your business and make you accountable to keep your New Year’s Resolution? Contact us for a Complimentary Business Coaching Session at 203.210.7003.
Six Steps for Small Businesses to Maximize their Profitability
Special Report: BALCONY Access for Small Business Forum
November 20, 2009 White Plains, NY
BALCONY panelist Jim Malski certified business coach, founder and president of Action COACH Connecticut offered six steps for small businesses to maximize their profitability CLICK the play button below to watch:
Six Steps for Small Businesses to Maximize their Profitability
• Have a documented written action plan of 2010 goals and hold yourself accountable
• Know your numbers in your business
• Target your marketing to your perfect customer
• Change your sales process to get a better conversion rate
• Increase your prices
• Maximize value of your existing database (sell more to your existing customers)
If you are looking for business advisors in CT, why not give your business a Business Growth Analysis and gain invaluable insights into four major areas of your business?
Your answers will be used to qualify you for a FREE Business Diagnostic Meeting.
Business Seminars
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