Any successful entrepreneur who has been in business for more than a year knows they can’t move their business forward unless they know where they’ve been, what worked, what didn’t, and what might need to improve.
The beginning of a new year is typically the perfect time to set aside some time and analyze and reflect upon your business as a whole, and determine if you’re still moving in the right direction … but it’s never too late no matter what time of year it is.
What to Ponder, Analyze and Reflect:
Revisit Your Mastermind Groups: Do you participate in one? If not, do you need to? If you are in a master mind group or two, do they benefit you? Do they feel like an obligation or a blessing? Year-end is the perfect time to review all the groups and memberships the average business person juggles and continue on with only those that provide direct results to your business growth and mental well-being.
Review the Tools That Cost Money: New apps, tools and programs appear on the market on what seems like a daily basis, and that includes new (and better) versions of the tools you may currently be using. Any time of the year is the perfect time to review and find the money leaks in your business, as well as ask the hard questions regarding whether or not the apps and tools you are using still best support your business and are worth the cost to continue. If you’ve been paying for an ecommerce or email marketing platform for months, but have yet to get around to creating your first opt-in or newsletter, it may be time to dump it or outsource the task to someone who can support you in that area. You might be surprised at what you’re paying for and no longer need if you simply take the time to dig in and look. I know I was!
Fire What Isn’t Working: This could pertain to processes, products or people; but the bottom line is you need to review all three and “bless and release” what isn’t working for your business. It may not be fun, but it is necessary for your continued growth.
Consider an Upgrade: Again, this could apply to processes or products. Do you have a free version of something you adore, and one that is tremendously beneficial to your business? It might be time to check into a more robust paid version and reap the benefits.When was the last time you did a business review?
Hand over More of the Reins: Have you been insisting on continuing to do certain tasks yourself? It may seem counterproductive to hire someone to do work you could easily do yourself; but I promise you’ll see the difference once you commit to it. Why? Because by delegating time consuming business tasks to others you can free yourself up to do the income-generating tasks your company needs most. Perhaps you’ve had someone helping you inconsistently, and only utilizing their skills sporadically. By increasing their workload and offering up more consistent work, it can automatically increase their motivation. The result is a staff person committed to doing their best work for you, and additional time for you to create an incredible company.
Many of us have had a lot of extra time on their hands the past few months. Take some time while you can, and take a good look at your systems and processes to make sure you’re getting the best bang for your time and your buck!
If you need help doing that … let me know. We’re happy to help you do a review to streamline your business.
In business since 1991, Terry Green is the founder/CEO/President of BizEase Support Solutions, an American-based, online marketing support company comprised of a team of talented professionals from around North America. BizEase excels at providing speakers and business coaches worldwide with seamless online marketing solutions, from setting up ecommerce solutions, membership sites, web design and maintenance, to writing blog posts and managing Social Media and PR campaigns. BizEase clients (who span five continents) take great joy in allowing the BizEase team to take care of the details so they can get back to doing what they do best! Click here to get our bi-weekly tips ezine delivered to your inbox every other Friday, with tips on plugins, apps, and tools to make you more productive today!