7 Tips to maintaining momentum with your business plan

7 Tips to maintaining momentum with your business plan

Congratulations, you have completed your business plan! After weeks of hard graft and great efforts you have a focused plan you can be proud of. Excellent. Now what?

I can guarantee you, that if you don’t immediately make the plan part of your daily tasks and routine, it, and all your hard work will land up in the bin, never to be seen again.

One of the keys to business success is maintaining consistency in your approach, through all the ups and downs. Developing a plan and sticking to it. If you have a structured yearly plan, then getting “stuff” done even during the “hard” times is so much easier.

Here are 7 tips and hints on how to maintain momentum once you’ve constructed your plan.

  • Vision and your why

In business, we sometimes hit those downer days. On these days we might ask “Why am I doing this?” If you don’t know what your why is, the key reason for being in business or being in the position you are in, then you can and will get easily distracted and despondent, which is bad for business. So, think about your why. Be very clear on this and remind yourself often.

“Working hard for something we don’t care about is called stress: Working hard for something we love is called passion.”?―?Simon Sinek

  • Long medium, short term and micro goals

Business planning often focuses on long term and medium-term goals. Many strategic plans will focus on what the business is aiming for in 12, 24, 36 months or even goals to be achieved in 5- or 10-years’ time.

It is great to have a long-term vision, but this is often something that cannot be reached in a week or a month. This lack of achievement can be de-motivating and cause the long-term goal to become just a dream with no real effort being made to achieve it.

To overcome this lack of action it is important that long-term goals are broken down into medium- and short-term goals. Ask yourself, what do I want to achieve in a month? How can that be broken down into a week? Once you have the week’s goals take it one step further and break those down into micro goals or daily goals.

Every day you should have micro-goals, which can be related back to your short, medium and long-term goals.

“A goal properly set is halfway reached.” — Zig Ziglar

  • Micro goals become your to-do list?

As mentioned above you should have focused micro goals for each day. To make these actionable, transfer them into your daily calendar/diary. Block out the time you need to complete these tasks. By doing this, it ensures you can realistically complete everything and that you are not overcommitting or being unrealistic with your time.

You also have the opportunity to book in your daily meetings and exercise routines, or other key tasks you need to be doing besides work.?

“The thing about goals is that living without them is a lot more fun, in the short run. It seems to me, though, that the people who get things, who lead, who grow and who make an impact… those people have goals.” —Seth Godin

  • Have measurements

Lord Kelvin said that if you cannot measure it, you cannot improve on it. Therefore, if you don’t set benchmarks and targets when setting goals, you will never know if you have reached them. Once you have set a goal, ensure it can be measured. These are what you check on a weekly, monthly, quarterly and annual basis.

  • Outsource tasks

There are very few of us who love every single part of running a business. The tasks or activities that we love we tend to action first and the tasks we hate are more often than not shifted from one “to-do” list to the next, never to actually be achieved. If you can afford it, budget for certain tasks to be outsourced. This may be your marketing, accounts or sales activities. Outsource the tasks you don’t like and focus on what you are good at.

“If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.” –?Lee Kuan Yew

  • Book in quarterly reviews – AAR (After Action Review)

Follow up and review are essential components to any business plan. We need to know where we are at any given point. This helps to keep us agile and flexible in shifting tactics. This keeps us proactive and in control. By not reviewing your status, you may veer off the plan and not be aware. This can waste time, effort and energy and lead to demotivation and lack of momentum. Keep on top of your plans and constantly review.

?“If you don’t know where you are going, you’ll end up someplace else.”?– Yogi Berra

  • Celebrate the wins

“Remember to celebrate milestones as you prepare for the road ahead.”?–?Nelson Mandela

Sometimes we get stuck in a rut of only seeing the gaps or the weaknesses in our businesses, and fail to step back and acknowledge the wins.

Take the time every day to seek out what is going right. Look for people doing well and celebrate all achievements.

要查看或添加评论,请登录

Nicole Coyne的更多文章

  • A business strategy is not enough

    A business strategy is not enough

    It’s your dream to have a successful business. This need to achieve success motivates you to follow the right process…

    2 条评论
  • Networking - quality vs quantity?

    Networking - quality vs quantity?

    Whether you love it or hate it, networking plays a role within your business, either a significant one or a minor one…

    4 条评论
  • How behaviour profiling can work for your business

    How behaviour profiling can work for your business

    You’ve recently started a new job in a new company and so you’ve decided to host a dinner party for your new colleagues…

    2 条评论
  • 8 Advantages of working with an executive coach

    8 Advantages of working with an executive coach

    I often get asked what is the point of having an executive/management coach? Here are some outcomes from working with a…

    4 条评论
  • Why don't they just get it?

    Why don't they just get it?

    Why don’t they just get it? Why don’t they understand, it is so obvious!? *sigh* Have you ever heard yourself or…

    2 条评论
  • 4 tips to ensure your business strategy will be achieved

    4 tips to ensure your business strategy will be achieved

    How do I know my business strategy will be achieved? If you have created unrealistic and unattainable targets, you will…

  • 5 Key points – How to implement a successful succession plan in your business

    5 Key points – How to implement a successful succession plan in your business

    Succession planning has been a hot topic of late with a number of business owners. People who’ve put a considerable…

    2 条评论
  • Why don't they just get it?

    Why don't they just get it?

    Why don’t they just get it? Why don’t they understand, it is so obvious!? *sigh* Have you ever heard yourself or…

  • 8 Advantages of working with an executive coach

    8 Advantages of working with an executive coach

    I often get asked what is the point of having an executive/management coach? Here are some outcomes from working with a…

    5 条评论
  • 7 tips on how to improve email communication

    7 tips on how to improve email communication

    These days we have communication devices and tools coming out of our ears. We have the ability to communicate with…

社区洞察

其他会员也浏览了