As entrepreneurs, business owners and leaders, there is often no one telling us what to do or how well we did. If you have ever worked for a company, you probably had a manager or boss who would write a year-end review of your performance.
Usually there would be a nice feedback sandwich of what you did well and where your performance could use some improvement.
As an entrepreneur you are the only one keeping track of your performance.
Before you start working on your goals for the coming year, it’s important to review what has happened this year. I want to encourage you to write your own performance review.
And don’t forget to include the feedback sandwich! This is not an opportunity to be critical, judgmental and harsh because you didn’t accomplish everything you set out to. This is your chance to go, WOW, look at how much I did do this year!
One of the secrets to growing your business is honestly assessing your progress. Take careful note of even the smallest celebrations. The more wins you find, the more your confidence will grow.
And those goals you set last January that you haven’t reached yet?
If you made some progress towards a goal, ask yourself:
- Am I ever going to reach that goal?
- How committed am I to my own success in this area?
- Is this really my goal or something someone said I “should” do?
- Is the goal too big, maybe I need to break it down into more achievable steps?
If you tried something and didn’t get the results you wanted, ask yourself:
- What worked?
- What didn’t work?
- Would I try this again?
- What would I do differently next time?
On Episode 75 of The Path to Profit Podcast airing on December 12, Brad and I go into much greater detail of how to complete a year-end review of your business and what to include in your year. Be sure to check it out next week!
As I was thinking what else I wanted to share about this topic, I realized that reviewing our own performance is tricky. It can bring up all our fears of failure and all the ways we didn’t succeed this year.
Instead of focusing on what didn’t work, focus on what did work.
Grab a sheet of paper or your journal and some markers and do a big, colorful brain dump of all the wonderful things you have accomplished this year. These could be professional or personal. As entrepreneurs, the two are intimately intertwined. I bet there are more than you think you there are!!
Here are a few of the things on my accomplishment list for 2017:
Spoke at the national Craft & Hobby Association conference and the Freelance Association conference
Started a habit of going to the gym again (albeit inconsistent, I went way more than the year before)
Sent our oldest son off to university
Made lots of art and got better at it
Blogged consistently all year long
Took a two week vacation
Grew out email list 200%
Create a successful FB ad campaign with our Creative Business Archetype quiz!
I found I had to pause and dig a bit to come up with these. I know this activity may be challenging. Look back through your calendar, your planner or your journal as well as your bank account to celebrate your achievements this year.
I’d love for you to share in the comments below what is the one accomplishment in your business you are most proud of this year?