January 6, 2016

Keeping Yourself Accountable In 2016

helping other entrepreneursYou’ve set your goals and are getting the new year underway – congratulations, that’s the first step.  But the next question is what you’re doing to make sure you stay on track with those goals this year.  Whether you’ve been an entrepreneur for one month or ten years, you probably already know how easy it is to lose sight of the big picture as you work through the day-to-day.

Now is the time, if you haven’t already done so, to share your goals with someone who will help hold you accountable throughout the year.  Ask them to keep you on track throughout the year.  Or, better yet, set up quarterly meetings with them now where you’ll plan to give them updates about where your business is relative to your goals and what steps you’re taking to move your business forward.

Ideally, you already have a small team of people you can count on – be they an official board of advisors or simply a rag-tag group of folks you trust sharing your business ideas with.   If you don’t, then one of your goals this year should be to develop this official or unofficial Board of Advisors.

What do you look for in this Advisory Board?

  • These folks don’t necessarily have to have food business experience (but it’s always great if you can find one or two folks who do).  In fact, a range of business backgrounds amongst your Advisory Board provides a pool of knowledge that you can draw from.
  • These are people who support what you’re doing.  Sounds simple but you don’t want people who don’t believe in you or your business vision to be advising you.
  • Similarly though, you want people who feel comfortable challenging and questioning you and your assumptions.  This is how you and your business will grow.  Nothing good ever came out of surrounding yourself with yes men.

Entrepreneurship can be a lonely venture.  Having people you can turn to with questions – and having those people be folks who will challenge your assumptions – can be one of the biggest benefits to your business.

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