Date: 08/06/2015 | By: Liz Painter

 

Read on for some key lessons from the recent Lunch & Learn Webinar presented by BizSmart Founder Kevin Brent.SelectMember_KevinBrent

To listen to the webinar

 

Key Lessons

 

Getting a business under control is a continuous cycle of things we need to build on and turn into habits.

 

In short it comes down to: Plan, Do Review – and repeat.

 

In order to know the Right things to focus on we need to set ourselves a challenge – what are we shooting for? If we know what we are aiming for then we can decide whether we are on track and whether what we are doing will directly help us get there – or ‘make the boat go faster’.

 

Start with writing down how you would like your business to be described in 10-15 years time.

 

Then pick out a handful of key snippets that form a ‘Vivid Description’. Then use these to set yourself a ‘Stretch’ Goal for 10-15 years.

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Test your goal against the following:

 

  1. Do you find this ‘Stretch’ Goal exciting?
  2. Is it clear, compelling and easy to grasp?
  3. Does it connect somehow to your core purpose (see Business Direction Webinar)?
  4. Will it be exciting to others in the business and can others buy in to it?
  5. Does it feel real/tangible rather than just a nice statement?
  6. Do you believe that there is a 50-70% chance of achieving it? Is it possible but not easy?
  7. Will you be able to tell if you have achieved it?

 

Set yourself three-year milestones on the way to your 10-15 year Stretch Goal. Then set one and two-year milestones. Then work out what steps you need to take to get to the one-year milestones – and when you get there, work out the next set!

 

Ask yourself every day whether you have moved closer to your goal – keep yourself accountable.

 

Make sure you have access to trusted people to bounce ideas off – who can act as a sounding board and keep you accountable. Consider joining the our SmartBoards – click here for more information.

 

To listen to the webinar

BizSmart aims to help business owners of small and medium sized businesses to create value and scale their businesses through sound practical business support by providing- Insight, Clarity and business support with a real determination to help you succeed.  You can access blogs like this and more besides through our free SmartRoom service here

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