Main Street Business #558 The 1 Year Rule: How The Rich Dominate Business
9 snips
Jan 14, 2025 Discover how to craft a one-year action plan linked to a transformative ten-year vision. Learn the SMART goals framework to boost sales and productivity. Delve into the significance of involving your leadership team for accountability. Understand the interplay between personal issues and business performance. Embrace self-reflection to acknowledge achievements and adapt strategies. Uncover the role of mindset in executing a successful strategic plan while keeping flexibility at the forefront.
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10-Year Vision
- Define your 10-year vision for your business and personal life.
- Work backward to determine 5, 3, and 1-year goals aligned with your vision.
Writing Down Your Vision
- Write down your 10-year vision; it can be challenging but worthwhile.
- Consider different aspects like revenue, employees, or assets.
Objectives, Strategies, and Execution
- Set objectives, strategies, and execution points for your business.
- For example, to increase sales, consider strategies like generating more leads and improving lead conversion.
