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“Show me your calendar and I’ll show you what you value.” Joel C. Peterson, Professor at Stanford Business School, said these words over 20 years ago, but they still hold true today. Your calendar and your checkbook, those two pieces of data quickly tell us about your priorities. Learning to realign the priorities to point you to where you want to go is the secret sauce.
Writing a business plan is a task that many small business owners shy away from – not because they don’t want a plan, but because it seems like a daunting exercise. What goes into an effective business plan? Doesn’t it have to have an array of confusing numbers and professionally designed graphs? How many hours will you have to spend? And once it’s made, what do you do with it?
Fortunately, the answers to these questions are easier than you might think!
At Upleveling Your Business, we help a lot of business owners develop strategic hiring plans and build their hiring and onboarding systems. The challenge doesn’t stop there, though! If you want to build a strong, sustainable team that will help you drive your business forward, you must be intentional about your leadership and culture.
As nice as it would be to reach our goals by simply wanting them, it just doesn’t work this way. Goals worth achieving are worth working for, even when things don’t go according to plan.
Ups and downs will happen. Plans will go sideways. People you thought you could depend on will fall short. Unanticipated challenges will arise.
This is where strong habits come in.
When you hear the word “forecast,” you probably think of the weather – and of how inaccurate weather forecasts can be. This is totally understandable! Forecasting in your business can feel the same, like you’re just making educated guesses and hoping they pan out… that is until you hone your skill of using your numbers effectively. That is when you can reach some incredible goals with confidence!
Many business owners think of their Financial Team as the stewards of the company’s finances – the people who keep the books balanced and run reports. While it’s true that this is an important part of the responsibilty for this team, it’s definitely not the whole picture. Being strategic about building your Financial Team at different stages of growth is essential for the health and success of your small business!