Further reading: How to Create your 12-month Strategic Plan (and my 2014 Annual Review)
The funny thing about having kids is they make you laser-focused. If you aren’t laser-focused, you’re dead meat.
My wife and I had our 3rd child, another boy, this past April. So for those who keeping score, we now have 3 kids age 6 or younger, two of whom are still in diapers, and any 1 of which is likely to be throwing fistfuls of food across the room in our house at any given moment in time.
What that means is I don’t have as much time to work as I would like.
But big deal, I’ll bet you feel the same way too.
As I write this it’s New year’s eve and I have to be home in 51 minutes but I REALLY want to do a “year in review 2016” / “Goals 2017” blog post so I’ll make this a super quick.
I’m a big believer in the power of setting ambitious and specific goals for yourself.
Four years ago, in November 2012, I wrote a blog post titled My Next Big, Hairy, Audacious Goal, where I wrote,
The big goal I am working on now is to build this blog into a platform and a resource for entrepreneurs and small business owners who want to grow their businesses.
I plan to do that by writing about my entrepreneurial successes and failures, interviewing successful entrepreneurs (like this interview) and sharing non-boring legal tips for entrepreneurs. In short: by providing as much value as I can.
I want to diversify my business, to move from a model nearly entirely reliant on one-on-one client-based revenue to one which generates revenue from this blog, and from phenomenally useful, helpful information products like Business Profit Academy.
That’s why I dramatically overhauled Smart Business Revolution in May of 2011. And it’s why I continue to seek out opportunities for learning and developing my abilities so that Smart Business Revolution continues to become more valuable to its readers.
The really cool thing is most of this actually happened – thanks to the power of setting big goals, breaking down those larger goals into achievable smaller goals, and using a group to hold you accountable.
Here’s my philosophy about goal setting in a nutshell. You should start by envisioning the larger goals you want to achieve for yourself and your business. This is best done with the help of others who can give you crucial perspective and feedback.
Next: you break down your larger annual goals into quarterly and monthly goals.
Finally, meet with an accountability partner or small mastermind group and set 3 specific goals each week. Rinse and repeat throughout the year.
For bonus points, tell everyone what your annual goals are and join a community of like-minded people who will hold you accountable to achieving these goals.
Now, in this post, I want to first review my goals from 2016 and reflect on which ones I achieved and which I didn’t, and why. Next, I mention a few other things which went well, and what did not go well in the past year.
Then I move on to setting annual goals for 2017.
By the way, this is similar to a process we run through for our Rise25 Inner Circle members (which I mention below).