Have a Mighty Fine Vision, but be sure to take those little steps along the way
As this new year begins, and you have taken time to set some kick ass goals this year…it is also important to know that although you might have a big vision in store for 2017, that sometimes you have to modify the vision. You just might have to scale back—at least for a little while, especially when you are just starting out.
For example, you might dream of opening a retail gift store but with that comes a lease, inventory, advertising costs, heat, hydro, phone, Internet, packaging supplies—the list of your costs is as long as your right arm.
So, you’ve got to ask yourself if you can afford it all. And if you just can’t then scale back, start smaller, consider a joint venture—team up with someone else who might be open to sharing their space and contacts; they might even be open to sharing the costs of your start-up.
I worked with a business owner who had a big vision to open a gift store but the costs and the challenge of finding a good location were big obstacles to overcome. This client had money to invest (about $35,000) and could obtain financing at a bank but when it came down to the concept for the store or the kinds of gifts she’d focus on she drew blanks.
The coaching she got was to scale back. I suggested she begin smaller. I advised her to begin with a gift basket company that she could run out of her home and steadily build a client base. Once that client base hit a critical mass then she could begin to look for a location for her clients to come to.
A home-based business was still along the lines of her vision but the expenses and risk were much lower. She would have the ability to “grow” into the big vision over time without risking her assets and possibly her confidence.
You see having a vision isn’t all just airy fairy stuff…it’s about tapping into your own inner wisdom to know how far you want to go. Take baby steps, know your risk tolerance, have a plan and set little goals along the way.
Even if you are aiming for a personal goal, like losing weight, you lose a pound a week and guess what? 52 weeks from now is 52 pounds!!!
If you’re driving from one end of the country to the other you don’t expect to get there immediately. You make the trip in with time outs to stop and get a Tim Horton’s coffee along the way, stopping, enjoying the trip and all the towns, the scenery and the people.
What is that question? How do you eat an elephant? (Not that you should)…but you eat one bite at a time!
So for sure, dream big in 2017…but be realistic too…grow into your new goals…stay focused, follow your heart, tap into your joy, take care of today and plan what needs to be done tomorrow…it will all work out, I promise you that!
Now go make 2017 a truly happy new year!
Ok, it’s time to do some work…
1. How can you create time for more balance in your life?
2. Who can you get to help you with the various aspects of running your business that you don’t really have a passion for or care to do?
3. Who can mentor you?
4. Who can assist you on those personal goals? Who can help you?
5. When will you have completed these three things?
David is an author, business coach and facilitator and was the former host/producer and creator of the Small Business Big Ideas Show heard weekly for over 9 years. David has taught thousands over the years in both the non-profit and for profit sectors and has coached hundreds of start-ups to make those important first steps. He specializes in teaching the 8 Keys to Success, How I got to Kiss the Stanley Cup and his new keynote called “A breakthrough-through the glass”- how to overcome the fear, plus he leads workshops in sales, marketing, market research, business plans, target marketing and customer service programs.