Happy 2020, I can't believe that I'm even saying 2020 it's crazy stay tuned I'm
gonna share some things that can help you plan out 2020 and make it a great
year!
you can watch all the videos you want about budgeting goal setting planning
and do a bunch of stuff or just watch a bunch of stuff but if you don't execute
and you don't put the stuff down on paper and then more importantly actually
go and do it this video is pretty worthless I'm happy that you here I'm
happy that you're watching this video and happy that you want to be better and
make it happen in the new year but it's all about execution execution out-beat
smarts every single day of the week my friends so first off I'm going to throw
you in a little curveball invest in some thinking time it's really important that
you're making good decisions in your business and as I know and you know
building growing running a business can be extremely frustrating at times it can
be extremely rewarding at times but usually to get to the rewarding times
you have to do a lot of stressful and frustrating times and if you're not a
good state and you're not managing your mindset and you're not taking some time
to just stop and think you're probably not gonna make the best decisions
was at a conference a few years back there's a really great person Keith
Cunningham and he specifically just spoke about thinking time he has a few
good books out there look him up really great guy I've utilized thinking time I
take some time each week just to go and think by myself I get some peace and
quiet it really gives me some clarity and really helps me make some difficult
or very important decisions business and in my personal life too
so take some thinking time so Roland right after thinking time is you know
it's really important when you're mapping out your year and I do this
annually with my business is I get out of my business try and get a day if you
can only afford half a day now whatever you can do if you got to go rent an air
B&B a conference room at a hotel something really nice and a beach
somewhere get out of your business and I used to do this with my business partner
now I do this with my whole team and it's really great go through things that
worked last year what you want to accomplish for next year get your budget
in order look through things that you're spending money on and where you can cut
things and then also focus on where can you spend more money on to bring in more
business what are those areas because a lot of people just look to cut expenses
which are great but where can you spend more money that equals more money
that's really important too but take a full day on this
and get yourself out of the business some of the best things have come from
me getting out of my business that I brought back into the business take some
time get it on the schedule get out of your business so you can plan out this
next year while you're doing this process go through your business as if
you're a customer and as if you're an employee on the inside so whatever type
of business or industry and what can you change what can you improve what can you
do better it might be automating some things changing around some processes
streamlining things a lot of times in business you speak with people or you
know you'll speak with an employee and say hey why are we doing this like this
and you get the answer oh that's the way we always did it what employees want
what your clients want the customers want all those things are changing
rapidly so if you don't take the time to kind of go through your business as a
customer as an employee you won't really understand where you need to make those
changes so as you're mapping out and planning
out the new year it's really important to go through that process in your
business to understand where you should maybe make some changes and lastly speak
with your accountant and share some of your ideas and budgeting for next year
you might be able to help you structure things out where you can take advantage
of tax advantages but as you're doing these things and have your budget
together and your goals for the new year loop your accountant in to make sure
that one you're booking things the right way so you can take advantage of all the
right write-offs and to to make sure that your budget and your plan makes
sense for your cash flow there also may be some financing programs or products
available that you can utilize to better manage your cash flow and also take
advantage of some tax advantages like equipment purchases and things like that
so definitely move your accountant in if you have any questions around financing
of course you can always speak with someone on my team at National so
planning budgeting goals they're all great things but remember it's all about
execution execution out-beat smarts and plans every single day of the week you
can have the best plan in the world and it could be the most successful plan in
the world but if you don't execute on it it's virtually impossible and as a
business owner we try and take on everything ourselves so it's really
important to make sure that you're delegating building and pulling in the
right people in the company to help you live out the plan the budget the goals
and get all this stuff done I hope you found this video helpful I truly wish
you nothing but success in 2020 I hope but it is one of the best years that you
ever have and you take your business to the next level nothing but success we'll
talk soon take care