Being successful in business requires a great idea (that will be refined and modified over time) ,hard work, and a great team. Successful business owners and independent professionals have an Executive/CEO coach and supportive group of advocates to be resources along the way. The Success in Business blog shares great success ideas, tips and insights to help you get there faster. Remember success is an ongoing journey, not a destination, but ...... always be sure to enjoy the ride.

Tuesday, December 27, 2005

A Good Time to Reinvent, Review and Plan Ahead

It can be a very busy time of year for some businesses and professions, but it always important to set SMART goals. Specific, Measurable, Attainable, Realistic and Timely goals for the coming year. These can be "big stretch goals' such as a new client in the premium garage door business who in 2006 wants to buy a building, move to a new location, and double his business in 4 years - about 19% per year growth. I met with a future client in Boston who is only 5 years old in the mortgage business and now has 22 employees and close to $4 million in sales. He plans to open 8-10 new offices in 4 years and grow to $15 million - very doable, but we need to work on his key employees, build his team, get stronger commitment to the company, and strengthen his management skills (which are already very good) to get there. ..... It is an exciting!!!! time of the year - set your future direction for 2006 now.