A popular saying claims that “failing to prepare is preparing to fail.” This is one of the reasons why it is so important plan your profits for the year ahead.
As an entrepreneur, it is critical to plan your profits to help achieve your goals. And yet, many entrepreneurs put this critical task aside and jump to their next big idea with little more than a leap of faith. Proper planning is the foundation of achieving your goals. It is what sets us on the path to success.
In this episode, I share the process I use to plan for my business each year. This is the same process I’ve used since my first year in business as well as the process that many of my clients have used to achieve multiple six and seven-figure results.
In this episode of The Sigrun Show:
- Taking time to reflect on what worked and what didn’t work
- The “Wheel of Life” exercise
- Finding clarity in your business
- The importance of having a framework that is unique to your business
- Finding your “why” every year
- Getting clear on your customer journey
- Deciding which metrics to measure
- Creating long-term goals
- Creating a marketing strategy
- Creating realistic revenue goals
