This episode provides a simple, yet powerful framework for ecommerce business owners to reflect on their current business status and set clear, measurable goals for the upcoming year. By answering a series of targeted questions, entrepreneurs can gain clarity, eliminate overwhelm, and create a roadmap for significant growth and increased profitability. This exercise will help you proactively steer your business towards desired outcomes rather than just reacting to circumstances.
Key takeaways
Conduct a comprehensive annual review of your business using the provided questions to quantify current revenue, personal pay, working hours, and profitability.
Identify and document what is currently working and not working in your business to inform strategic adjustments.
Define a clear, measurable 12-month vision for your business, including specific revenue targets, personal compensation, problems to solve, and desired working hours.
Prioritize tasks that contribute directly to your defined 12-month vision, focusing on 'the $500/hr job' to maximize impact.
Proactively dedicate time to this strategic planning exercise before the new year to set a strong foundation for focused growth and reduced overwhelm.
Utilize the provided Kajabi resource for immediate actionable steps on website optimization (implied from the '3 powerful website fixes' call to action).
When I was thinking about what I could share with you that would set you up to start the year strong, I knew that this one exercise is what changed everything for me in my business life. As you glide into the Holidays and prepare for a new year, I know that taking the time to do this is the best gift you can give your business. It will set you up to eliminate overwhelm and get clarity on your focus. Listen to the episode, and then come do the work below! Here are the questions you need to ask yourself: Current status of my business: What is my exact revenue for the past 12 months? What exactly have I paid myself in the last 12 months? What is working in my business now? What is not working in my business now? How many days/hours am I working each week? Is my business profitable? 12 month vision of the status of my business: What exactly will annual revenue be? What exactly will I pay myself? What exact problems will be solved? What exactly will my focus be? How many days/hours will I work each week? What will my profit be? Next Steps: The $500/hr job you're not doing: https://thesocialsalesgirls.com/the-500-hour-job-youre-not-doing-episode-110/
What does this episode say about founder & leadership?
Conduct a comprehensive annual review of your business using the provided questions to quantify current revenue, personal pay, working hours, and profitability.
What does this episode say about finance & fundraising?
Identify and document what is currently working and not working in your business to inform strategic adjustments.
What does this episode say about analytics & attribution?
Define a clear, measurable 12-month vision for your business, including specific revenue targets, personal compensation, problems to solve, and desired working hours.
What does this episode say about founder & leadership?
Prioritize tasks that contribute directly to your defined 12-month vision, focusing on 'the $500/hr job' to maximize impact.
What does this episode say about founder & leadership?
Proactively dedicate time to this strategic planning exercise before the new year to set a strong foundation for focused growth and reduced overwhelm.
