How to Make Effective New Year Resolutions for your Business

For the past few years I have made it a ritual to sit down and make 5-10 new year resolutions for the upcoming year. I evaluate where I succeeded and where I failed in the previous year. Many people seem to make new year resolutions that fail, but why is that? I will explore 7 strategies to set goals that you can achieve this new year in your business and in your personal life.

#1 Set goals that are clear and concise

Many new year resolutions people set are vague, such as, “I want to get into better shape this new year.” A better goal to make would be “I want to lose 20 pounds by December 31. I’ll aim to lose 5 pounds each quarter.”

#2 Mix up your goal difficulty

I recommend setting half of your new year resolutions as very attainable. Such as, “I want to incorporate my new business by January 31.” The other half of your new year resolutions should be loftier goals, goals that really make you work hard to achieve. Goals such as “I want to break even in my business by the end of the year.”

#3 Set actionable ways to accomplish your goals

Setting new year resolutions is one thing, but accomplishing them is another. If you’re trying to make $10,000 per month in your consulting business, you need to set actionable measures to accomplish this goal.

An example of this could be: To achieve my goal of making $10,000 per month in my consulting business, I will do the following:

Participate in 1 weekly (52 total) professional networking groups this year
Hire a marketing company to create a professional website for me
Write 1 weekly (52 total) blog posts to better position my expertise and allow others to find me online via SEO
Reach out to 1 friend weekly (52 total) to see if they know any person or business that needs my expertise
Participate in 1 weekly (52 total) meetup.com event to meet new people in areas I’m interested in. (This can be a good way to make genuine connections that can later turn into business)

This example shows measurable ways that you can achieve your goal. Of course this plan can be modified if you have new ideas how to meet potential business clients, but if you stick to your plan throughout the year, even if you don’t see immediate success, you’ll feel as if you were accomplishing your goal and putting the work in.

#4 Write your goals in a place that you can see them every day

To accomplish your new year resolutions, I recommend that you have them top of mind. I place my goals on my desk where I can see them daily. You should place them somewhere where you’ll be reminded daily of the work that needs to go into making your goals a reality.

#5 Don’t compare yourself to others

This is an important step to accomplishing your new year resolutions. Don’t look at what others have, focus on where you are, where your business is, and where it needs to be. Nothing is more disheartening than seeing how successful someone is and thinking negatively about your chances of reaching that level. A weightlifter doesn’t magically wake up and bench press 500 pounds. He or she has worked effortlessly for years building up the strength, failing, and working harder to be able to lift that heavy weight. The same can be said of you and your business. Don’t compare yourself to anyone else, work hard and focus on what you need to do to be where you want to be. Any level of achievement is possible, it depends on your mind and heart, and praying for the opportunity to achieve.

#6 Remove obstacles that don’t help you achieve your goals

Another important action you should take to accomplish your new year resolutions is to remove obstacles that aren’t helping you achieve your goals. Sometimes its objects, such as certain types of foods, sometimes its people that are negative. Cut the dead weights that drag you down in achieving your goals.

#7 Work hard, don’t give up

Finally, to accomplish your new year resolutions, work hard and never give up! The hardest workers are the most successful in any area of life. If you genuinely want to change and better yourself, you’re only doing yourself a disservice if you choose to quit. Here is a video I like that emphasizes the importance of hard work (Jim Harbaugh, Michigan Football Coach)

“You gotta outwork people” -Jim Harbaugh

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