Faff Free Friday #22 - The Plan Your Way to Profit Issue
Plan Your Way to Profit! (AKA Essentials of a Simple (Profitable) Plan)
Have you ever made a HUGE mistake by purchasing a marketing 'quick fix' in your business which you simply could not make work for you?
- You paid A LOT of money for little or NO RETURN on investment?
- You didn't really think it through fully?
- Now you are beating yourself up about it?
Well STOP beating yourself up and take a BIG STEP backwards (and a deep breath in!) BEFORE you can take another forwards step...
I would like you to think if this thing was MISSING BEFORE you made that purchase, or not MISSING but certainly not USED?
What can I mean, I hear you ask...what might this missing thing be?
A PLAN
Before making any business decisions you are going to have a better outcome if you know your business goals and make a plan to get them. This will help INFORM you when you make decisions - and prevent expensive mistakes.
HOWEVER - there can be mistakes in planning itself.
THREE common planning mistakes
These are three things I hear small business owners like coaches and consultants saying about planning:
1. Don't need one - they THINK they don't need one, they wing it, it's been ok so far....or has it?! What worked, what didn't - could time and energy be saved in getting more focused and more profit built in the business as a result?
2. Door stop - they create so much paper in their plans, they get in so much detail it ends up being the SIZE of a doorstop - and then used as one too! A plan needs to be simple and easy to keep alive ---- and used! So much easier to make profits when you don't take a month to create your plan (or pay a marketing or business consultant £££££s to make it for you) then never use it again!
3. Plan phobia - they have the understanding that a plan is something they need but they are truly frightened of 'doing it wrong' or what 'should' go in it...or the time it will need to write it. Bearing in mind the previous point, I am not surprised! It doesn't have to complicated.
9 Reasons a Simple Plan is Essential
A simple plan gives you a boost in time, energy and money - here are 9 reasons why a simple plan is essential.
Time
- Keeps you ON TRACK - only doing what gets your goals.
- Clarifies time you HAVE and time you NEED & priorities become clear.
- Simple plan SAVES TIME, easy to update 1/4rly, keeping plan ALIVE too.
Energy
- Knowing your HEARTFELT goals helps keep you motivated.
- A 1/4rly reviewable plan REPEATS on a cycle.
- RESULTS give you even more energy.
Money
- FOCUS on what makes money, brings joy and gives value to your clients.
- PROFIT = INCOME - OUTGOINGS
- ONLY INVEST on marketing which NEEDS DOING.
I am all bout making planning simple - so that you can create it and use it really easily. Would you LOVE to see what that involves? Here is something for you:
Free download
Inviting you to download for free my inside track on the 21 essentials to stop procrastinating and take imperfect action today (and make money) instead
For instant access click on Rachelbentleyonline.vipmembervault.com/planningmadesimple and download your copy now!
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Founder, Director, Non-Exec Director, Interim MD??Helping founder/directors scale a business that works without them ??Master coach and mentor??Big fan of architecture, coffee and cake
2 年Easy to follow steps, thanks for sharing something we have all experienced at some point
Contemporary Yorkshire Artist
2 年Well that was a rollercoaster - LI DELETED the entire article but luckily I was able to turn back time and get it back - if you DO NOT see a lovely diatribe on Planning with nice images please let me know in case LI ate my article again!