The Process We Use To Evaluate Our Business Each Year

evaluation

At the end of every year in our business we have a routine.  I also have the same routine in my personal life, and it essentially involves the same process.

  1. An honest evaluation of the state of our business; and
  2. A plan to achieve new goals in light of the honest evaluation.

Why do we do this? Because we believe that constant improvement is at the heart of both success and happiness.  The pursuit of progress is an empowering one, and we believe that we can always progress. We don’t believe in “arriving”, we believe in “progressing”.  When we live with this mindset are are always driven, but more importantly we are able to honestly look at things that we need to improve in.  If we are really honest in our evaluation then we don’t get caught in the trap of resting on past successes.  We also don’t get caught in the trap of being stuck in past failures.  We move on, and that is a good thing.

This exercise is very important because it directs the second step in the year-end process:  making a plan to achieve new goals in light of the honest evaluation.

When we honestly look at our progress we can avoid the trap of doing the same thing and expecting new results

So we look at what is working, and what isn’t working, then we make a plan to achieve new goals by doing more of what is working, and less of what isn’t working.

Here are the key questions that we ask ourselves (which you can use to build your own powerful self-examination as well):

  • What activities are getting results (ie. what is working)?
  • What are we doing that isn’t leading to results (ie. where are we hypnotizing ourselves, thinking that just because we are working that it is effective)?
  • What do we need to do more of?
  • What do we need to do less of?
  • What goals do we want to achieve this coming year?
  • What should our plan be to achieve these goals?

Try it, it really works!  Do it both for your business and your personal life!

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