The start of a new year is traditionally a time to make a list of one or more new year’s resolutions to help you attain personal goals, right? Common new year’s resolutions are to lose 10 pounds, spend more time with family and friends, quit smoking, eat healthier, travel to beautiful places, become debt-free, or read more books.

Now, these are all worthwhile resolutions and personal goals but if you are an entrepreneur, you would be silly not to also look at new year’s resolutions for your business. Here are a few you may want to consider going into 2020.

New Year’s Resolutions for Entrepreneurs for 2020

We are going to share with you a few ideas for New Year’s Resolutions that may or may not serve your business. In some cases they may not apply to you and in other cases be open to modifying to accommodate.

Review your Business Plan

(Don’t have one? Make one!) Review, evaluate and update your business plan. This is to ensure it remains consistent with your business goals for both the short and the long term.

Find an Accountability Partner

The American Society of Training and Development did a study on accountability. They found people are 65% likely to meet a goal after committing to another person. Although, that chance of success increases to 95% when they build in ongoing meetings with their partners to check in on their progress. Something worthwhile, right?

Think Ahead. Plan Ahead

While the holidays can hold a lot of hustle and bustle, many entrepreneurs face a quieter time as others, are busy. Use this time wisely to create a plan going into the first quarter. Use this as a broad scope of what you need and want to cover through your;

  1. offerings
  2. value
  3. content
  4. promotions

… and everything else suitable for your business. Fail to plan, plan to fail.

Make Balance a Priority

Here are some great ways to balance into your New Year’s resolutions;

  • Exercise where you can. Consider taking a phone call while you go for a short walk even.
  • Spend time with people you care about. 
  • Get better sleep at night. Staying off your phone for an hour before bed will help you sleep easier.
  • Self care! Watch a movie, take a long hot bath, do a crossword puzzle, whatever will help you relax and recharge.

Learn Something New

What you choose to learn may be directly related or completely unrelated. Learning something new will add to your skills and add new depth or interest to your life. Work that muscle we call, your brain!

Drop what isn’t Working

This can be a tough one for your New Year’s resolutions. Take some time to audit your past year – a year in review. Learn to drop the things that just simply aren’t adding benefit to your business.

And, to add to that if dropping it just isn’t in the cards … outsource what has you stuck. Too often, entrepreneurs get caught in this trap of bootstrapping their business and fail to see some of the things holding them back are entirely, their fault.

What resolutions are you adding to your 2020 list? Drop them in the comments!
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New Year's Resolutions

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