A new year always brings hope – for an entrepreneur, it is also an opportunity to showcase new services, new ideas and a new venture.
And why not? 21st-century entrepreneurship is all about ideas and innovation right?
Start by looking at how you can make things better in the new year – are there better ways of getting things done? Can I be more efficient and cut costs?
Here are four focal points to lead you towards being a successful entrepreneur this New Year:
Happy New Year! Well, not yet, but for your business, it might as well already be 2019.
1. Prioritize Your Goals
When you randomly pick a goal because it sounds “right” you won’t be motivated to stick with it — because it’s not actually going to matter to you.
To select a goal that matters to you, you first have to figure out what’s really important in your life or your business as an entrepreneur.
Stick to goals that speak to you and that gets you feeling excited and motivated by just thinking about accomplishing them.
- Set aside time to sit down and brainstorm everything you want to accomplish.
- Once you’ve got a list together, organize it in order of what matters most to you, with the one that’s most important at the top of your list.
Remember, the most important goal to you doesn’t have to be the most important goal in the world.
No one gets motivated to work hard for something they don’t really want. Whatever it is that you want as an entrepreneur, commit to going after that, and you’ll increase your productivity and creative thinking in order to achieve those results; when something truly matters to you, you’ll find it’s easier to feel motivated and stay focused.
2. Which Goals Can Wait?
We tend to overestimate what we can do in a year and underestimate what we can do. That’s why figuring out what you don’t need to do in the following year is extremely important.
The tasks or items that you’re dropping are not to be picked up again because they aren’t working. Instead, this question is more about the goals you can postpone.
Look at your competitors
Competition is healthy. There are a lot of smart people out there. You have to study your competitors in order to ensure that you are not wasting time, or money, on things that had already been tried. Who are your competitors? What are they doing? If you take the time to study what your competitors are doing, it will help you to find the difference in your industry that no one is focusing on.
3. Don’t Take On More Than You Can Actually Do
Hard work, dedication, and a commitment are all useful traits. You may think to do everything and insisting on doing it perfectly makes you Superman or Wonder Woman.
But actually? It wears you down, runs you dry, and drains any energy for creativity. And is it really productive to fill every second of every day trying to get as much done as possible?
If you’re finding yourself overworked (or think you may be on the verge — it’s good to catch it early, if you can), make a plan to find a way to do things a little easier next year.
Let go, breathe, and give yourself space for truly creative and productive energy.
4. What has worked well in the last 12 months?
If you want to have a successful 2019, you’ll want to focus on the successes of the previous year.
Is there a product that sold really well? Is there a specific social media channel where you are seeing the most traction? Are there any events that led to more money in your pocket?
The best way to get your answers to this question is to look at the data – especially when it comes to money.
Be Happy With Your Progress
One of the best things you can do as an entrepreneur is to celebrate your progress. Don’t only celebrate an accomplished task, a met goal — celebrate every step of the process of attempting to achieve that goal. Give yourself credit for taking steps to improve yourself, your life,
Some people don’t take the time to examine their lives, their flaws, their dreams. They get stuck in one place, doing things the way they always have, not wanting to take the time to figure out if there’s a way they could do things better, they don’t realize that’s not the way it has to be.
By taking the time to even read this article, you’re taking steps that others often don’t. Also, it’s not always up to you if you meet your goals or stick with your idea. Bad things happen, and life gets in the way. Things happen. If you tried once, you can try again. And again. And again.