Often times, our decisions come down to planning or executing. Business owners are divided on which to do, but the answer to this conundrum is quite simple: both.
The saying goes, “If you fail to plan, you plan to fail.” While that may or may not be true, it’s essential to know that planning is key to business success. Execution is very important, but what are you executing? If you execute nothing, you get no results. However, if you plan and then execute that plan, you’ll be sure to have success (if you keep sticking to that plan).
Here are some tips for planning for success:
Step 1. Look at the landscape. See what has brought you success before and what you did that hasn’t been so successful. Also, look at your competition in the same light.
Step 2. Know what you want. Don’t be afraid to dream, but keep your goals reasonable enough to be able to stay motivated by your successes.
Step 3. Plan how to get there. Break up the goals in bite-sized increments and plan the next 3 years, the next 4 quarters, and the upcoming months and weeks. Make the goals based on numbers, not just feel-good metrics. Say that you want 4 new clients this month instead of just saying you want new clients this month.
Step 4. Know the work you have to do to make those plans accomplished. Calculate how many cold contacts you have to make, how many blog posts or followers you have to have to get you there.
Step 5. Know the plan inside and out. If you just write the plan down on paper but don’t know what you’re wanting to do, how can you know what you should and shouldn’t be doing? Also, if you work with a team, make sure everyone knows what they need to get done.
Step 6. Execute. Start doing what you need to get done. Make it count!
Step 7. Evaluate. At the beginning, you should evaluate where you are each day. Eventually you may get to where you only have to do this once a week. Take a look to see where you are daily and see if you have to adjust your daily plans in order to reach your monthly, quarterly, and annual goals in time.
Step 8. Adjust. Start making those adjustments as necessary.
Step 9. Celebrate. Once you’ve reached your certain goals, this calls for a celebration. Make sure you reward yourself for all your hard work.
Step 10. Review. See if you are doing well or not, and if you see improvements that can be made, make those necessary adjustments.
Now that you have this plan in your hand, start making your own plans and execute on them.
It doesn’t matter what day of the week or month of the year you’re learning this. Planning and execution can take place any day of the year, not just in January.
Ready to Plan AND Execute?
Oh, one last (important) thing before you go! To just hear the advice but not do it is worth literally nothing, so we've put together a great printable resource for you. There's no subscribing to anything to get it, but there is one catch. Click the button below and follow the instructions to claim your printable guide. Let's just say that growing your business is worth the little cost (which is sharing this blog post on your LinkedIn account, the instructions are on the next page). Please don't make copies of the guide for others, please just refer them to this post - thanks!
The SMART Systems Quick Tips Podcast is a production of FaithVenture Media. In this podcast, we offer quick tips for service-based businesses to implement The SMART Systems in their business. You can listen to the podcast anywhere you listen to podcasts.