Every entrepreneur starts with a dream of making it big in business. A certain percentage of these enterprising people succeed at different levels but the failure rate is much more higher among the entrepreneur community. Most of the failure is due to lack of proper planning and an attitude of working more in the business than on the business. Here we take a look at some of the things which we can do to improve our business. Put them into use and enjoy the results.
Before everything, decide what exactly you desire out of your business. What are you trying to achieve, what are your business objectives. Take time to think for your business objectives as its very important that you have a perfect clarity of this. Many people don’t think of this. They start the business just because they want to make big money fast. As a matter of fact there is more to that. Money is just the by product of doing business. If you are clear about your business objectives money will follow.
Once you are cleared with your objectives, sit down and visualize how it would make you feel once you achieve these objectives. Do you feel happy ? if yes then you are on the right track. If the picture fails to arouse any feelings in you, Maybe you are still not clear about your objectives. please go through the process again.
Once you are cleared about your objectives or targets, sit down and work out a plan as to how you intend to achieve these objectives. Your plan should include the things that you need to do on a daily, weekly, monthly and yearly basis to achieve your objectives.
Now that you are ready with your steps prepare your menus of action. Name them as daily action plan, weekly action plan, monthly action plan and a yearly action plan. Decide on a day where you will review your weekly action menu, similarly decide on a date in a month where you need to take a look at the monthly action menu, normally this would be the first day or the last day of the weekly/monthly/yearly period respectively.
Now start your day with the daily menu, these are the tasks which you need to do compulsorily along with the other tasks on a daily basis. An example would be taking a look at the sales figures, or the daily production chart etc. These are the tasks which are to be monitored daily to reach your targets. A weekly task might be attending sales meeting or working out the details with the procurement department. I hope you got it. Make sure that you finish all your daily tasks at least half an hour before you finish for the day. This last half an hour is to review the activities of the entire day and ponder on what can be planned for the next day in addition to the regular daily menu. Don’t under estimate the power of this step, this step when done on a regular basis will do wonders for your business. When you review your daily menu everyday you realize whether your daily menu has moved you closer to your objectives or not. It makes you ponder over the plan and prompts you to make any changes in the daily menu if required. Do the same for the weekly/monthly and yearly menu.
The above steps appear simple but doing it regularly is the challenge. Believe me if you do it you will run towards success. The above steps keep you focused on your goals or objectives. When you mind is focused on an objective it finds ways and means to achieve it. Unexpected situations and circumstances make their appearance and propel you towards your objectives.
One last note take time to clearly define your business goals. The more clear your goals, the better the chances of achieving them. Happy Business !!!!