Sunday, June 19, 2011

4 Keys to a Successful End of Year Review

Another thing they have in common is a bad habit of focusing on what went wrong. They frequently lose sight of the great things that went RIGHT, when it comes to doing a year finish review. When you focus on the negative, you can make growing your business much more difficult than it needs to be.

Entrepreneurs usually have a lot in common. We are passionate about our work. They care deeply about delivering high quality products and services to the individuals who need us. They have a "never-say-die" spirit.

In the event you don't appreciate what is working, you can basically find yourself stuck in a never ending cycle of chasing the next "thing" (a chance, a marketing strategy or idea that you think will make you more successful). In the event you focus on what IS working and tweaking that - you'll get better, faster results with less work.

As you reflect on your business, I encourage you to STOP and appreciate how far you have come in the earlier 12 months. Looking back on your growth helps you make designs for the future AND can encourage you to pat yourself on the back for a job well completed. This easy process can inspire you and motivate you to dive in to your next set of goals.

Here are a few tips for objectively analyzing your business:

one. Review your 2011 goals - If you are like most service professionals, you created a list of goals you desired to accomplish. This might have been at the beginning of the year or any time in the work of the last twelve months. Take a glance at your list and check off any goals that you have got done. Put them on a brand spanking new list titled "My 2011 Accomplishments." With each aim jot down exactly which steps you took to get there and the way you feel about the results you created.

three. Don't beat yourself up or wallow in regret - Even the best laid designs sometimes get put aside or readjusted. Don't use this exercise as a chance to chastise yourself over missed opportunities or designs that didn't go through. Take note of the designs that didn't work out, because you may need to work on them again in the approaching year. But let your criticism finish there. This part of the process is about reflecting on what went right! Forgive yourself for any mistakes historically and take steps to keep away from the same mistakes in the future.

two. Take note of any other major accomplishments you made in the work of the year - Sometimes you finish up making strides or accomplishing things that you didn't plan for. Well completed! because you didn't plan for them doesn't make them less significant. Write down any of these achievements. By noting what you did to accomplish them, and how the chance came about, you can see the way you can replicate the results.

Reviewing your progress over the last year can give you a boost of confidence and help you plan for even greater success in the year to come.

four. Share your successes - If you are in a mastermind group or part of a power partnership, these are ideal people to tell about your successes. Sharing how far you have come in the last year can help reinforce that you have got done a job well completed. Encourage others in your group to do the same. In the event you don't have a team of partners that you work with or a partner that you are accountable to, now may be the ideal time to find. In fact, this is something I can help you with. If you'd like to connect with a group of supportive, like-minded entrepreneurs who are actively growing their business, I have the solution for you.

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