Why do we put more effort into planning our holidays than our businesses?
It’s funny how when I ask business owners where they are going on holiday, their response is so certain.
Their vacation is all planned out, day by day. They have usually decided which sights and attractions they will visit; how many days they are staying in each location; even the time of their flights.
You probably do the same when planning for your holidays. You research the best hotels, airlines, and time of the year to travel to your dream destination. Like most savvy vacationers, you usually compare prices and plan your budget accordingly.
Often, you’ll engage the services of a travel agent to assist you with these tasks. You know that you can benefit from their experience and insider knowledge. You also feel comfortable knowing that if something goes wrong, you have someone to help you sort out flight problems or accommodation mix-ups.
So, why is it, as business owners, we don’t plan where we want our business to be in one, five or 10 years’ time? Isn’t the livelihood of our business more important than the two-week holiday we take once a year? Doesn’t our ability to take regular holidays depend on the continued success of our business?
Plan where to take your business in 10 years
Look into the future and imagine where you want to see your company in one, five, and ten years. Do you see a clear picture?
Does it look promising?
If it’s vague and uncertain, set aside some time to determine where you want your business to be in 10 years’ time.
Choosing your goals well can help point your company to the right direction. Your mission is a good starting point when setting goals and objectives to tackle over the next decade. Then break it down to 5-year and one-year goals, all working towards the achievement of your 10-year plan.
From there you can plan what you need to do on a month by month, week by week basis to achieve the goals you have set for your business.
Getting started with your 10-year plan
Like engaging a travel agent to plan your holiday, why not invest in a business coach or mentor to assist you in setting and achieving your short- and long-term goals?
A business mentor is an invaluable resource you can turn to when you come across challenges or need encouragement in difficult times. They can provide indispensable guidance, advice, and solutions that will lead you to the path to success.
Working with an incredible mentor can help bring clarity and strength to your vision. You will also accomplish more things much quicker than you would be able to do on your own.
So, tell us, what’s keeping you from fulfilling the great vision you have for your business?