Back in August, my business coach, Mary Ann, suggested that I create a list of 20 things that I should be doing. I made that list and didn’t really think twice about it after we discussed each item. It’s now the end of December. See how many of those things I’ve completed or am actively working on without much extra effort…it’s kind of amazing!
20 Things I Should Be Doing
- Networking. I have attended a few business group lunches since November and have made some great contacts. I’ve also been trying to spend more time with friends in general.
- Create a business plan for 2017 for both studios before the year is over. Include sales goals, advertising, marketing, events, clothing purchases, etc. Done!
- Create a monthly advertising budget and spend it towards advertising. I just started some new advertising and finished a draft advertising budget for 2017.
- Reach my savings goal in the Pure Barre savings account. Achieved on December 7th!
- Set up 1 additional savings account for monthly deposits that will pay annual Federal and State taxes. I don’t like to give the government an interest-free loan, so I wait to pay all of my taxes until the end of each year. I have plans to open this new account when I get back from vacation in mid-January—and I’ll pocket the interest.
- Set up 1 additional checking account for monthly clothing purchases. I am probably not doing this anytime in the next 30 days. But it will happen at some point in 2017.
- Get business line of credit. It’s smart to get a line of credit when you don’t need it. This is one thing I kind of forgot about, but I’ll be working on this in the next few months.
- Look into a paperless system without having to print receipts. I looked into this and I think we’ll just stick with our current system of printing receipts.
- Create a plan to ensure we continue to have a great Pure Barre Team culture—is there anything else we could be doing to improve our culture and the Team’s satisfaction with working at the studio. I have some great ideas to start in 2017!
- Set up an office and keep files organized. Half-done. I need to make a trip down to The Container Store in Charlotte to get some furniture and storage solutions. If you’ve never heard of The Container Store, you’re welcome.
- Get a mileage app to record business driving. I have not done this. If you have any suggestions, let me know.
- Get more involved with the charitable organizations that are important to me. I have donated money to The Forsyth County Backpack Program and the Wake Forest Deacon Club. But I would like to spend time volunteering at the Backpack Program. I’ll have to work it into my schedule.
- Develop meaningful business partnerships. I’ve had some great meetings with other local business owners in the last few months. I’m excited about a Pure Barre Pop Up class we’ll have on Tuesday, January 24th at Bevello, a women’s clothing store in Winston-Salem.
- Look into acquiring another studio. I have made several calls about this and know the process as well as how much money I would have to contribute to finalize the deal.
- If I’m not teaching or working at a studio event, stop working at 6:00 PM. I was doing really well on this one until December. I’ll have to get back on track in January.
- Take 2 days off each week to rest and recharge. Epic Fail.
- Plan 2 vacations a year that are at least 1 week long each. I just went to a Christmas lunch at a local travel agent’s office so I’m inspired to start planning!
- Make plans to learn 1 new thing each month. I’m sure I’ve learned at least 1 new thing each month regarding my business. But I meant for this to be about leisure activities. I really want to learn how to fly fish and I want to start rock climbing again. I’ll have to actively work on starting these activities.
- Start writing a blog. Done. Obvi.
- Buy a house. This is a top priority in 2017!
As we head into 2017, what if you made your own “20 Things I Should Be Doing” list? How many of them do you think you’d complete over the next year? How much better off would your business be if you started making a few small changes? I’m going to keep better tabs on my list and I’m looking forward to checking off all of the items I haven’t yet completed!
In my next post, I’ll leave you to celebrate the New Year with some quotes on goal setting from one of my favorite books, The Edge.
Until then, stay on your toes!