Top 3 Things An Entrepreneur Needs To Do In The New Year
Empowering Entrepreneurs
The State of the Union
"I think this is the only time in the year that you're ever looking backwards. Things correct because what happens is a lot of entrepreneurs are so busy foraging forward, they forget to evaluate how they did," Dj Culson says. "What we're able to do is make this plan more around nasaya", he adds.
It's a new year and a new beginning for all of us as entrepreneurs. Here's our opportunity to start the year in the right direction.
In this episode, we talk about the importance of planning and goal setting, the benefits of engaging with and seeking advice from trusted advisors, and how to create and implement a personal and business manifesto. We dive into the unique challenges and rewards of entrepreneurship and empower aspiring entrepreneurs to take action and bring their vision to life.
We hope you will walk away with the knowledge and motivation to make the most of your entrepreneurial pursuits in the new year and beyond.
Empowering Moments
00:00 Podcast interviews entrepreneurs who provide valuable insight.
05:12 Engage trusted advisors for a broader business perspective.
07:06 Strategizing involves shared brainstorming and accountability.
10:07 Plan, purpose, and leadership drive success.
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Empowering Takeaways
1. **Yearly Review**:
- Importance: Take time to review the previous year’s financials and operations.
- Actionable: Assess revenue sources, profit margins, expenses, and taxes.
2. **Operational Efficiency**:
- Importance: Ensure your organization runs lean and efficiently.
- Actionable: Evaluate if the right people are in the right roles to maximize strengths and minimize weaknesses.
3. **Comparative Analysis**:
- Importance: Use year-to-year comparative statements to understand trends.
- Actionable: Identify areas of improvement or growth by comparing multiple years' financials.
4. **Personal and Professional Goals**:
- Importance: Plan both personal and professional goals for the upcoming year.
- Actionable: Think about improving as an individual, including health, leadership, and personal roles.
5. **Detailed Planning**:
- Importance: Create a concrete plan with specific goals and timelines.
- Actionable: Write down 30-, 90-, and 120-day goals and share them with trusted advisors or accountability partners.
6. **Engage Trusted Advisors**:
- Importance: Utilize a team of professionals (CPA, financial advisors) to offer different perspectives.
- Actionable: Regularly consult with advisors to identify blind spots and opportunities for improvement.
7. **Time Management**:
- Importance: Entrepreneurs must prioritize time to plan, review, and execute.
- Actionable: Dedicate a few hours for high-level strategic planning to avoid being stuck in everyday tasks.
8. **Delegation**:
- Importance: Recognize what tasks can be delegated to free up time for strategic thinking.
- Actionable: Identify team members or external resources to handle non-essential tasks.
9. **Execution of Plans**:
- Importance: A well-thought-out plan is useless if not implemented.
- Actionable: Commit to executing the plan with regular reviews and adjustments as needed.
10. **Positive Mindset and Manifestation**:
- Importance: Believe in your goals and manifest success through written and shared plans.
- Actionable: Maintain a proactive approach, writing down goals, and visualizing success to stay motivated and focused.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for success
Our clients enjoy a proactive partnership with us. Schedule a consultation with us today.
Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.
Copyright 2025 Glenn Harper
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