It goes without saying that you want your business to be stable, with fewer outgoings and more profit. That’s what business is all about. How can you actually go about achieving this Holy Grail? It’s easier than you think. Just follow The Virtual Office’s three-step action plan.
PLAN ~ When you’re full of excitement about your business, it’s easy to rush in. BEFORE taking action, step back and get the “blimp perspective“. Blimps, such as the Goodyear Blimp, give you a full aerial view of a city or a venue like a stadium, which you otherwise would not see. If you apply the blimp view to your business, you’ll be able to figure out:
1. Where you have come from
2. Where you are now
3. Where you want to go in the future
Planning will give you that perspective. It’s essential to use all the knowledge that you have gained about running a successful company to map out the future course of your business. You’ll have the freedom to see many potential roadblocks, opportunities and true possibilities.
DO ~ Now is the time to bring your plans to life. There is no substitute for taking action on your plans. Many entrepreneurs regularly purchase programs but fail to implement what they have learned. It’s not enough just to purchase the latest shiny equipment. Action is the key that unlocks the door to business success.
REVIEW ~ Now it’s time to ask yourself some questions. Did you reach your goals? How close were you to your targets? What did you omit from the planning or action steps? What would you adjust, cut out or include? Reviewing and measuring your results will enable you to gather your Success Data. This is the information that shows you what you’re doing right. And if you know that, you’ll keep doing it.
You can keep applying this 3-step plan throughout the life of your business. So until next time, be sure to Plan, Do and Review.