Being an entrepreneur is exhilarating and fulfilling, am I right?
But let’s be honest…..sometimes it can be downright difficult and even feel like a guessing game. There are a lot of moving parts, and sometimes the ups-and-downs can be immensely draining. The hardest part is trying to put everything together…..to assemble the puzzle and create consistent growth, clarity, and structure.
So what do you do when your business isn’t where you think it should be?
All success starts with the right strategy. And strategy begins with planning.
CONFESSION: In my own online wellness business, I seriously struggled for the first six months.
What changed? I stopped going through the day blindly and started to map out my business planning. It was then that things started to turn around. I then experienced success unfolding in front of me: more website visitors, more social media followers, more clients, and ultimately, more profits.
Want to know what YOU should be focusing on in order to crush your goals and reach success? Read on for the crucial essentials.
The 5 Essentials for Business Planning Success
Planning Essential #1: Reflection
No, I don’t mean dwelling on the past. But you must use your prior experiences to move forward with clarity (and learn from your mistakes). Each new month, I ask myself, “What goals did I reach last month?” and “What lessons did I learn?” Use this reflection to leverage your planning.
Planning Essential #2: Intention
“Days are expensive. When you spend a day you have one less day to spend. So make sure you spend each one wisely.” Jim Rohn was scary accurate with this quote. If you don’t create intention with your time, you risk wasting your most precious resource. Every action you take in your business should be with intent: what big business goals are you trying to reach? Create purpose everyday with your work.
Planning Essential #3: Goal Setting
Design your time for success by building actionable targets. But don’t overwhelm yourself: the brain can only reasonably process three things at a time. Write out three big business goals for yourself each week, and adapt your actions around reaching these goals. The key here is to write them down….whether you use a journal, planner, or just some random post-it notes, there is a big benefit that comes from the physical act of writing things down (it gets your ideas out of your head and on paper). Plus, you can place your goals in an easy-to-see spot, like right next to your computer or your alarm clock, and they’ll serve as a daily reminder.
Planning Essential #4: Statistics + Tracking
Map out your business and record your progress. Numbers MUST be tracked in your business, period. Track everything that has a number attached to it. This includes social media platforms, email subscribers, clients, income, and other business statistics. This is the only way to see if what you’re doing is working, and where you may have areas of opportunity. I write everything down on a weekly basis in my daybook.
Planning Essential #5: Effective Time Management
Yep, time management CAN be planned! In our crazy chaotic world of entrepreneurship, the only way to create structure is to map out your time commitments. Use a timetable to increment your time on a daily basis, so that whenever the clock strikes you know exactly what your focus is.
By following these five essentials, you not only plan out your business, but you map out your success with structure, clarity, and momentum.
Jessica Lauren DeBry is a former corporate employee turned successful Wellness Entrepreneur, Online Biz Mentor, and Creator of Savvy Biz Club, the free club for the female entrepreneur.