2018 is upon us!! Can you believe it?? Just a few more days to January 1st 2018, which just so happens to be a Monday (So satisfying!!) Hopefully you have had a successful audit of your 2017 (for both your personal life and business) even though this holiday season is one for rest relaxation and rebooting, preparation goes a long way.
In this last installment of our December posts, we’re going to be looking ahead into 2018 and go over some simple and easy ways to plan for your business. These are sort of “universal” planning methods that apply to different businesses, but don’t limit yourself, customise them to best fit your brand.
As always PLANNING PLANNING PLANNING! Before you move forward have a little look-see at our previous post to see the importance of this.
Alright, now that you're all caught up...
Define Your Goals.
What do you want to achieve in 2018? Stay away from generalisations, having clearly defined goals makes implementation much easier.
A lot of start-ups often have one goal in mind, and that it to make enough money to survive into next month.
You’re not wrong if that’s at the top of the list, because regardless of how many goals you clearly spell out, if you don’t have the financial resources to implement them then how will they come to fruition?
Specific goal setting isn’t as hard as you may think. It simply revolves around asking yourself:
What is my goal?
Why is it important?
How do i achieve it?
When should it be done?
Helpful tip: You can set your timeline for achieving your goals quarterly, that way it makes it easier to review and change elements that are not working without affecting the rest of your goals.
Learning From the Rest.
Unless you’re the pioneer of a whole new industry never seen before, you will have competition. Which is a good thing!
Many companies all over the world, big and small, partake in competitor analysis. Studying what other people in your field are doing, gives you an advantage of taking in all the good they’ve done and learning from their mistakes.
Take caution however, not to rely too much on your competitors because , it can end up being a waste of time if you’re looking for specific details (these are cards often held close to the “businesses chest” i.e. trade secrets) and it could, potentially take away from your own uniqueness/ originality.
So it’s all basically a balancing act, you need to learn from their mistakes, but also have that special “You Factor” that no one else has.
“Teamwork Makes The Dreamwork” is a popular saying for a reason. Surround yourself with driven, dedicated and creative people and the chances of success are much higher.
Research has shown that effective teamwork can lead to long term business success, by breeding leadership qualities. It can also lead to a healthier work-life balance because all the workload is not on you and you alone.
Many entrepreneurs start off as solopreneurs, and even if your business makes you stay a solopreneur joining a co-work space can have just the same advantages, as you get to meet different people both within your industry and out of it, it doesn’t hurt that it’s also easy on your pocket. 😀
Just Do It!
All the preparation in the world can never really prepare you for what running a business is really like. So while planning is key, the real Gold is gained from trial and error.
A lot of different successful entrepreneurs constantly stress on the importance of not giving up, being resilient and determination, it’s not about the number of times you fall but rather the number of times you get up. Incase you missed them here are some previous posts that talk about this.
Alright #GirlBoss, I hope that gave you a bit of an insight to help you plan out your business for 2018 and looking forward to any feedback from your end, also sharing is caring so make sure to share some of your go-to tips, in the comment section or just pop by to say hi 🙂
Wishing you an absolutely wonderful end of 2017 and an amazing 2018!! Till next time lovely xx
Author: Selam Ahmed
Selam Ahmed is many things: fun, loving, fierce supporter of women, bookworm and an eternal Philomath. She always takes things as they come and is ever excited to see what life has to offer next. She is a foodie that loves to cook, in the best of times and the worst of times, from a very young age cooking has always been a way for her to stay sane. As an upcoming blogger (can you guess what type of blog it will be? hint: FOOD!)and as one of the contributors to the Safe Space blog, she is thrilled to welcome you all to a community that is based on uplifting women. We’ve got your back. Always.