NEW
YEAR'S REVOLUTION
C.J. Hayden, MCC
No, that's not a typo in the title.
Resolutions are easy;
most of us make them at least once a year. A revolution, on
the other hand, is something you may not have made since you
started your business.
Starting a business is actually quite
revolutionary. When
you began yours, there were probably many details of your
life that changed. Some of those changes were intentional,
others accidental; some you liked, some you didn't. Other
changes you always meant to make just never happened.
Is your business everything you meant
it to be? Is it giving
you all that you wanted? Are you satisfied, even delighted
with the way your life as a business owner is turning out?
If not, perhaps it's time to make a revolution. Here are
some revolutionary ideas you might consider:
1. Serve only those clients you care
about and enjoy being
with. When you work with people you don't enjoy, everything
becomes a struggle. Your clients are a key part of your
business. You wouldn't hire someone you didn't enjoy working
with, so why let them hire you?
Begin today to let go of clients
you find difficult to work
with, and start seeking out those you really had in mind
when you started this business. Have the courage to refuse
new clients that don't fit your picture of who you most want
your business to serve.
2. Make a plan to reach your income
goals. Unless you are
independently wealthy, your business not only needs to
support you, it needs to provide for your future. Setting
goals for your desired income level is a good first step,
but to reach those goals, you need a plan.
Create a financial model for your
business. How many
clients, appointments, billable hours, or contracts will it
take to generate the income you want? How much of your time
will be required to do that amount of work and do the
marketing required to get it? How much money will it cost
you in overhead, marketing costs, and admin help? Does the
model work?
3. Take enough time for yourself
and those you love. The
number one reason entrepreneurs name for going into business
is time -- more to spend with their families, more
flexibility in work hours, or simply more control over how
their time is spent. But how many of us actually get this?
Most entrepreneurs spend either too
much time struggling to
get clients and earning too little money, or become victims
of their own success, working too many hours to fulfill
clients' demands. You can overcome these problems by
combining the financial modelling described above with the
approach to marketing outlined below. And don't forget, if
you earn enough, you can hire all the help you need.
4. Do more of the work you like doing
and less of what you
don't. If you're not enjoying the work you do, there's no
one to blame but yourself. After all, you're the OWNER of
this enterprise. If you can do different work in the same
business, start now to make the shift. Loyal customers will
follow you if you're still offering services they need.
If more rewarding work would require
a new business, join
the ranks of the serial entrepreneurs. You started and ran
one business, why not another? Life is much too short to do
work you don't enjoy, and it doesn't make much sense if
you're working for yourself!
5. Build a marketing system that
really works. The
definition of a system is a selection of related components
arranged in a specific order to achieve a common end. Does
this describe your marketing? Or is it more like a
hodgepodge of random elements jumbled together without a
clear goal?
If you want better clients, more
money, more time for
yourself, and more enjoyable work, an effective marketing
system may be the universal solution. Don't know how to
build one? Make this the year you learn. Already know how
but haven't built it? Get support from a colleague, mentor,
coach, or group to make it happen. Have a system but aren't
using it? Pull your plan out of the drawer and re-commit to
doing what it takes to have the business you always dreamed
of.
Copyright
© 2002, C.J. Hayden
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