This episode offers an in-depth review of EcomCrew's 2019 goals, providing a transparent look at an ecommerce business's journey, celebrating major wins like brand sales and increased location independence, while also candidly addressing unmet objectives. It's a valuable listen for operators seeking to refine their goal-setting and strategic planning process by learning from real-world entrepreneurial experiences.
Key takeaways
Analyze business and personal goals simultaneously to understand their interplay and impact on overall progress.
Be prepared to celebrate significant wins, such as successful brand exits, as they can offset the impact of unmet goals.
Prioritize flexibility and location independence early in your business planning to reduce reliance on fixed operational structures.
Regularly review financial goals like debt reduction to maintain a healthy business and personal financial standing.
Integrate personal development goals, like health and travel, into your annual planning to ensure a balanced and sustainable entrepreneurial lifestyle.
It's goals time. Before I go into 2019's list, revisiting the 19 goals I've set up for myself and my company is something that I like to do before we get too deep into the year. Some of these goals were aimed for myself personally and for the company. And in this episode, we're going through each of them – the ones we achieved, the ones we failed, and the ones that we got through halfway. Before going through this latest and final update of the progress made on my 2019 goals, here are the links to all the previous ones to get you up to speed. E227: 19 Goals for 2019 E243: 2019 Goals, A Recap on the 1st Quarter E279: 2019 Goals, After 8 Months E289: 2019 Goals, After 11 Months 2019 consisted more of ups than downs but for some reason, when you hit those low points, they feel really heavy. We may not have achieved some of these goals but we were still able to achieve some of the really important ones, like selling ColorIt and being more location independent. So, here goes. Sell a brand. Position another brand for sale in late 2020. Getting back to location independence. Reducing debt to zero dollars. Hike the West Coast Trail on Vancouver Island. Take at least 10 weeks of personal travel. Record 6 or more episodes of the Roadshow. Invest in at least 1 ecommerce business. Lose 10 more pounds.
What does this episode say about founder & leadership?
Analyze business and personal goals simultaneously to understand their interplay and impact on overall progress.
What does this episode say about finance & fundraising?
Be prepared to celebrate significant wins, such as successful brand exits, as they can offset the impact of unmet goals.
What does this episode say about dtc strategy?
Prioritize flexibility and location independence early in your business planning to reduce reliance on fixed operational structures.
What does this episode say about founder & leadership?
Regularly review financial goals like debt reduction to maintain a healthy business and personal financial standing.
What does this episode say about founder & leadership?
Integrate personal development goals, like health and travel, into your annual planning to ensure a balanced and sustainable entrepreneurial lifestyle.
