Five Questions for Business Success
When I first meet an entrepreneur, I ask them the following five questions. If an entrepreneur has clarity on these questions, they either are already successful in their business or soon will be.
Video: What is a back of the envelope business plan?
My friend and accountant Bob Cole used to say that he loved when entrepreneurs came into his office with a business plan that fit on the back of an envelope. It made it easy to grasp the essence of what the business was trying to do, how it would work, and the amount of profitability. As businesses grow, we often lose sight of the essence and simplicity of the key drivers of what makes our business successful. Then it’s time to return and write it all down on the back of an envelope again.
Three Years of Wind In Your Sails
Three years ago today I launched my book Wind In Your Sails: Vital Strategies That Accelerate Your Entrepreneurial Growth. Thank you to all of you who have read my book and let me know how it has had an impact on you and your business. As I reflect on the three-year anniversary, I realize that these are the reasons it was important to me to write Wind In Your Sails.
Anticipation
After school I stood in our garage looking up at the rafters with just an hour of light left in the fall day. Outside the first snowfall of the season had covered the ground with a thin blanket of white goodness. Inside I was bursting with excitement to start skiing for the season. Not wanting to ruin my new skis, I took down an old pair of wooden skis with cable bindings. I put them on the garage bench, taking down tools to adjust the old bindings to my new ski boots.
Create Your Plan Today
Have you created your 2018 plan yet? I have, and I hope that you have too. Having a plan gives you direction so that as you make decisions throughout the year you have a better chance of ending up at the place you want to be.
In case you have not created your plan, here is a way to simply and quickly create your plan today.