End of the financial year is here for us Kiwis (Australians, yours is not too far away in June and North Americans, you’re halfway through yours). A lot of people use New Year’s Eve to take stock of their past year and what goals they’d like to achieve in the coming year, but not many of us put the same effort into our New Financial Year – this year, I encourage you to take time to reflect on your past financial year to help make your future even more successful.
Here are some simple questions for you to ponder and to learn from…
- What were your learnings from the past year?
- What could you have personally done better over the past year?
- What could have gone better overall in your business over the past year?
- What opportunities did you not make the most of?
- What are you embarrassed about not having sorted in your business?
- What are you proud of from the past year’s performance?
- Any other major wins to note?
- Personally, what new habits did you create?
- So what is on your list of ‘I/we must do this differently over the next year’?
- And what is on your list of ‘I/we must keep doing this over the next year?’
- How much will you push yourself and your business (and team) over the next 12 months?
- Consider making some New Financial Year goals – how high will you go? Will you create a mix of realistic, stretch, or impossible?
Last question: knowing how much you want to push yourself over the next 12 months (I’d encourage you to push yourself here!), what will you do to give yourself the best chance of achieving these goals? What will you focus on, what changes will you make, what habits will you create…
Do you know what sort of people have the best chance of achieving their New Year’s resolutions or goals? Those who voice them aloud and share them with others – it holds them accountable. I encourage you to do the same with your New Financial Year resolutions and goals – email me on firstname.lastname@example.org if you’d like to share how your past year has done and what you want to achieve for the year ahead. I’ll reply with my thoughts on how to maximise your next year’s performance.
What did you think of the exercise above? If you like this sort of thinking, you would love our two-day business planning and strategy workshops we run monthly across NZ and Australia. Over two days we walk through the important areas of your business, asking questions like those above and sharing examples from successful businesses. You’ll leave with a written business plan that gives you total clarity on your business. Check out www.businesschanging.com/workshops.
The above questions are a direct copy and paste from some www.accountabilityme.com questionnaires. Accountability Me is SAAS that asks you questions you should be asking in your business. It facilitates you to think on your business and to move forward, knowing your priorities and what will make a difference to your business. Of course, it adds some accountability to you as well, the biggest factor in anyone’s success – doing what you’ll say you’ll do!
Wishing you a very successful next 12 months!