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Prioritize & Strategize

Posted by Nick Iles on July 30, 2014 at 1:35 PM

Are you the kind of person who will take on a bunch of different projects with tons of initial enthusiam, only to find yourself drowning in tasks and not sure how to actually get anywhere with them?

 

Do you tend to "spread yourself too thin" when it comes to life, business, activities and just everything in general?

 

You are not alone.

 

Many ambitious entrepreneurs struggle with the overwhelm of trying to make not one or two, but several different business ideas really take off. What do you do when you have lots of genius ideas and desire to create something big not only for your life, but the lives of hundreds and thousands of other people too?

 

You prioritize and strategize.

 

First, you need to take a good look at all of your ideas and ask yourself:

 

- What has the greatest potential to actually make money the fastest?

(this can help fund other ventures)

- Which idea will be able to hit the ground running in less time than the others? aka which idea takes the least amount of time to set up

- What are the start up costs and efforts of each business idea?

- Which idea(s) do you feel most passionate about right now? and which idea(s) feel absolutely dreadful?

- Do you need a team to operate or can you go solo on each idea?

- Do you have the right knowledge and resources for all of your ideas or will you have to invest in some kind of education first?

- Do you really want to do this? Listen to your inner voice and not the logical brain answer on this question. If you're not in it with your whole heart, chances are it won't be very lucrative and worse - it won't be very fulfilling.

 

Now that you've got a better idea of what you need to focus on first you can begin strategizing - setting your goals and making your action plans.

 

- Be clear with yourself when you set your intentions and state your desired outcomes in great detail. When you are very clear on what you want, you'll have a better chance of actualizing this goal.

- Once you've got clarity, you'll need to start listing the steps you need to take in order to achieve your goals and successful outcomes.

- Use your calendar to set goal completion dates for yourself. Make these "due dates" real and don't flake out on yourself.

- Ask for help. Whether it's a business partner, advice from an expert or having an "accountabilibuddy".. there are lots of people around who would love to help you out.

 

For more information see our "Goal Completion Guide" and "Goals, Intentions & Reviews: Weekly & Monthly"

 

To your success!

Categories: Business, Leadership & Organization

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