Library Home

Getting Started

Planning

Library Index

Nonprofit

Employer

Financial Management

Marketing

Home | Courses | Why LaunchX | Resources | Business Tools | Library | Blogs & More | About Us

Policies | Site Map | Guarantee | FAQs | Contact Us

Need More Help?

Ask Our Experts

Blog | Courses | eBooks

SocialTwist Tell-a-Friend

Copyright 2009-2011 LaunchX LLC

Achieve Your Business's Big Plans Through Small Steps

Businesses have the same problem with planning as individuals do with their New Year's Resolutions...all the excitement and commitment fades away once the rest of life starts to get in the way. In business, it is easy to get lost in the daily grind and neglect the objectives that will set the venture up for greater success. For those planning to start a business in 2010, the weeks that have already passed without any forward motion can be frustrating at best, demoralizing at worst. The best way to handle these situations is to wipe the slate clean, regroup, and set a new plan. By organizing your time and tasks, you can accomplish the big ideas you have for your business.

If you are looking in the rearview mirror, it is very difficult to see where you are going. Don't spend time obsessing about what should have been done. Instead, gather your thoughts and prioritize the things that need to happen from here. Select only two or three critical goals to focus on, and set a realistic plan for accomplishing those most important goals. Clarify the smaller steps, or objectives, it will take to reach each goal and set reasonable deadlines for completion.

Whether you are already in business for yourself or planning to launch a new business this year, it is important to take control of your schedule now. Whatever has been keeping you from getting things done is likely a result of poor planning. In addition to the well-defined and organized to-do list, you need to set aside specific times to reach your goals. That is, block out certain hours each week to focus solely on the goals and objectives that matter most.

Take a close look at your current schedule. If you just don't know where the time goes, try jotting down what you actually do for a couple of days...you will very likely be surprised at what you discover. In most cases, there are plenty of hours wasted doing things that would never make the top ten in terms of your own priorities, and inefficiencies in your days that could easily open a few hours per week for more important efforts. Managing your time effectively is key for any business owner, and the sooner you master that skill, the easier your worklife will be.

As you open up time to focus on the selected goals, you will likely see an immediate increase in productivity and interest. Often, the work itself will open other ideas and opportunities to pursue. It is important to be flexible in entrepreneurship, but it is also essential to see things through. When new ideas or projects come to mind, evaluate where they fit in to the goals you are already working on. If the new idea is exciting, but not more important, make a note for the next round and finish up the current objectives. Sometimes, these new ideas can serve as great motivation for accomplishing less thrilling, but still critical, tasks.

If the new idea is more important (more profitable, more time-sensitive), either work it in to your current schedule or put another project on the back burner. Keep detailed, organized information on where you are on each project as you go -- you never know when you will need to come back to it later. Most importantly, limit your focus to just the few items you consider the most critical. Too many irons in the fire can quickly become overwhelming to the point that nothing gets done.

The reality of making big plans is that it is difficult to sustain momentum over extended time periods. However, if you break the big plans into smaller goals and objectives, take control over your own schedule, and focus on the highest priorities first, you will have a far better chance of succeeding.  

 

About the Author

LaunchX.com is dedicated to training entrepreneurs to turn their good ideas into great companies. The LaunchX System provides step-by-step education in the mindset and skill set entrepreneurs need to succeed. Our program includes intensive seminar training, key business software, and specialized workbooks that teach you the fundamental skills you need to achieve your financial and worklife goals through entrepreneurship. Register today for our introductory course and see what LaunchX can do for you!

Contents copyright © 2009-2011 by LaunchX LLC. Permission granted to reprint this article in its entirety provided that the “About the Author” section and all hyperlinks are included.