Tweet

3 Steps to Starting the New Year on The Right Foot for Your Business

Guest post by: Michele Pariza Wacek

Article Overview: There's no better time to take stock of your business than the time between the end of one year and the beginning of the next. To help you get on track for the fresh New Year and all it's possibilities, I thought I'd share 3 simple steps to get you and your business started on the right foot.

3 Steps to Starting the New Year on The Right Foot for Your Business

There's no better time to take stock of your business than the time between the end of one year and the beginning of the next. It's "out with the old, in with the new" and that includes out with anything that isn't serving you or your business at the highest level, and in with what you want your business to look like.

To help you get on track for the fresh New Year and all it's possibilities, I thought I'd share 3 simple steps to get you and your business started on the right foot.

1. Start by cleaning out the old year. Are you surrounded by stacks of papers or old files? Now is the time to clean those up and make room for all the new business and opportunities that are bound to come your way (unless there's no room for them).

What about old products or programs? Is everything you're offering in your business still a good fit? Or maybe there's something you've outgrown or doesn't work with your brand anymore?

And don't forget to look at your mindset or your habits. What are you still not doing you know you should be? What habits or blocks are you finally ready to ditch for good?

Get it all out there. Write everything down you want to throw out with the old year. Then you may want to destroy it -- burn the paper or shred it. Remember, this is all about clearing away what you don't want or don't need anymore.

2. Be grateful for what you HAVE accomplished. Now that you've gotten rid of the old and worn out, don't forget to take a moment and write down everything you've accomplished last year. What are you grateful for? What are you most proud of? It's time to celebrate your accomplishments -- take the time to do this. (If you're anything like me, this is the first thing to go. It's difficult for me to celebrate anything, I'm constantly looking at all the things I WANTED to do and didn't.)

3. Now, get set up for the New Year. Some of the things I do include getting my new calendar in place and writing down my goals in it. Then I put together a marketing and promotional plan for the year so I can reach those goals.

You also may want to take some time to lay out a plan for getting rid of those blocks. Is there a program you need to buy? A coach you need to hire? Or maybe there's something you need to implement. (Ditto for the changing those habits -- what do you need to do to ditch those old habits that no longer serve you for good?)

Now, when you set up a plan, make sure you do what many people do when training their dogs -- set yourself up for success. Create the plan with your success in mind. Don't make it so overwhelming or paint yourself in a corner so there's no way for you to succeed. Push yourself but be realistic too. There's no shame in taking small steps toward your goal -- the only shame is making yourself feel bad because you didn't give yourself a realistic plan to meet your goals.

And, whatever you do, don't forget to celebrate! You deserve it.

Related Articles
  What To Know When Starting An Internet Based Home Business
  The Perfect Sales Tool
  The Surreal Reality Behind Starting An Internet Business
  Finish Strong
  Recovery
  Entrepreneurs Persist To The End
  Driving Retail Foot Traffic With Coupons And Free Stuff
  Marketing Strategies: 5 Tips to Turning a Resolution into a Reality
  How I Learned To Dance And How You Can To
  Starting an Internet Home Business Tips
  Seeing Blindspots
  Choose to Do or Not Do
  5 Steps Guide To Start A New Internet Home Business
  How Balanced is YOUR Life?
  The 3 C's of Getting Your Foot in the Door of a Prospect
  How to Get Back into the Workforce After Time Off
  Keeping the Juices Flowing: How I Tripled My Income, Including Saying No to Clients and Yes to More Time Off
  Coaching - The Critical Value of Goal and Reality
  How To Calculate A Minimum Fee For Your Services
  Starting Small In Taking Responsibility To Build Relationships

Article Tags: business success strategy, business success tips, goal planning, Goals, online marketing strategies, small business marketing strategy, strategic internet marketing



Related Forum Posts
How to valuate a business - Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out: How Northern Crown Capital Valuates a Business 2008 Financial Projections Earnings Before Tax $5,865,000 Tax Rate 42% Taxes $2,463,300 Net Earnings $3,401,700 Amount Seeking to Raise Today $3,500,000 Discounted Value of Future Opportunity, 5 Years Out 2008 P/E Ratio 15 Value of Company in 2008 $51,025,500 Discount Rate Applied 30% Year 2008 $51,025,500 Year 2007 $35,717,850 Year 2006 $25,002,495 Year 2005 $17,501,747 Year 2004 $12,251,223 Value of Company at Investment in 2003 $12,251,223 Less: Investment Amount $3,500,000 Present Value $8,751,223 Discount for Risk & Private Company 40% Less: Discount for Risk & Private Company $3,500,489 Private Company Value $5,250,734 Present Value (What the Owner Keeps) $5,250,734 60.00% Financing (What the Investor Gets) $3,500,000 40.00% Total $8,750,734 100.00% I hope this helps!
Business Innovation - Hi Simon If you can finish off the Business Plan and think about your strategic direction or how you are going to use your product to convince people it's a great idea, it will set the foundation for your programming project. You see, when you are looking for funding you will need a Business Plan and Strategic Plan that will convince companies to invest into your new idea. Has anyone achieved this idea before using another industry besides health and fitness that you know of? You should also design some mockups as a "preview" for your programming project. This will also help reduce your programming costs as everyone will know exactly what you want if you have detailed mockups already completed including any functionality you require. Starting mockups for websites and software applications on paper is the best way if you're not a guru in graphic editing software.
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Funnies - Hi There, Here are some bad headlines: Red Tape Holds Up New Bridge Eye Drops Off Shelf Hospitals Are Sued By 7 Foot Doctors Inclued Your Children When Baking Cookies Safety Experts Say School Bus Passengers Should Be Belted Kindest regards Beat
Re: Moderators on vacation - Hi Everyone, I will be away for the next 4 days. Starting now.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

What Makes an Extraordinary Business Consultant?

How to Ask for a Flexible Work Arrangement

Ten Steps to Go from Idea to E-book for Sale

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.