•  
  •  

Another Year Gone – An Opportunity to Look Back and Reflect

Dec
18
2018
Another Year Gone – An Opportunity to Look Back and Reflect

I looked for quotes on success and failure to start this article.  I found many but really liked these three:

 

“Success in not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

“If you really look closely, most overnight successes took a long time.” – Steve Jobs

“Character cannot be developed in ease and quiet. Only though experience of trail and suffering can the soul be strengthened, ambition inspired, and success achieved.” – Helen Keller

 

So…Where did 2018 go?!

With the end of the year fast approaching, now is a good opportunity to look back and reflect on what you accomplished (or didn’t) over the past 12 months. And while you pause to consider your successes, failures and things you wish you hadn’t done, it’s a good time to plan for the year ahead.

So tell me, how was your year?

Here are 5 important questions to ask yourself as you look back and ahead:

  1. What were your major accomplishments? Did you have an action plan that enabled you to achieve desired goals, or was your success somewhat “accidental?” Can you develop a strategy to replicate what you were able to accomplish?
  2. Where did you experience failure, and what was the cause? Was it insufficient planning, being reactionary or did the situation come about due to circumstances out of your control? Did the experience provide insight into how to avoid similar situations in the future?
  3. Did you pass up any opportunities that, in retrospect, you should have taken? Hindsight may be 20/20, but it’s a beneficial exercise to recognize key indicators you ignored the first time around and which might act on should you see them again.
  4. What do you need to do more of and, more importantly, why? Why do you need to hire someone, engage in social media, or move to new office space? Ask yourself why you need to do the things you think are important and justify whether they are necessary.
  5. What must you stop doing? A sales strategy that bore no fruit? A marketing campaign that fell flat? Reactive hiring, instead of proactive! Maybe it’s coming into the office on weekends and the consequences it has had on your personal life? Again, it’s quite easy to determine what you must stop doing; the difficulty is figuring out how to stop and what to substitute.

Once again it’s extremely important to reflect on the things that you wish you didn’t do and learn from your mistakes. For example, take hiring. When business owners find themselves understaffed for whatever reason there is often a scramble to bring in new employees, and in many cases, the screening and onboarding processes are significantly truncated. This can result in decreased productivity, dissatisfied clients and lost revenue.

The New Year offers new hopes and possibilities that are best be realized when you reflect and take lessons from the past. Here’s to preparation and reflection!

Wishing you, your families and staff a Happy and Healthy Holiday Season and a productive, successful 2019!

 

For further discussion or comments, please contact Gail L. Trugman Nikol, President Unique Business Solutions, gail@ubsassociates.com or call (516) 935-5641.

By admin December 18, 2018