With a brand new year ahead of us, most of us have made promises to be better, more giving or forgiving, spend less, and eat healthier. The list of New Year resolutions can go on and on, but today we would like to focus on what entrepreneurs should be doing in 2014. Following, we would like to present you with a list we have compiled of the top 6 New Year’s resolutions for entrepreneurs. Let’s take a look.
No. 6: Stop multi-tasking and start setting schedules
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Contrary to popular belief, multi-tasking is not the key to success. Answering e-mails while video-conferencing your team in L.A. and trying to have lunch at the same time is not getting you anywhere fast. This year, try to better plan your schedule so that you can allot specific days or time frames for a certain task. In this way, you’ll not only get things done, but you’ll also do them more efficiently.
No. 5: Set achievable milestones
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Wishing to become a billionaire overnight is not a really realistic resolution. Instead, try to divide your goals into smaller and more achievable milestones. For example, decide to increase your marketing efforts one week and to improve your sales rate by 5% the other. Even though these might be small steps, they’ll eventually take you where you want to go.
No. 4: Focus more on your customers
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More often than not, entrepreneurs get so tangled up in their business operations, that they forget to take into consideration one very important aspect – what your customers really want and need. In 2014, find new ways to engage your target audience and uncover their desires and needs. This is the only way you’ll be able to come up with the right products and services.
No. 3: Further your education and knowledge
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When you’re in the world of entrepreneurship, every day is a new opportunity to learn something. In 2014, make a promise to yourself that you’ll work on improving your skills and knowledge. You can attend workshop, college courses, or even go for a coffee with one of the experts in your industry. Even learning a new language can be a way of furthering your education and your business.
No. 2: Value your time
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They say that time is money, and this is especially true when it comes to business. All entrepreneurs should learn how to value their time in 2014. Stop attending meetings that have nothing to offer you, such as expertise or other forms of compensation and consider hiring an office manager to help sort all the little odds and ends, so that you can focus on what’s truly important – your business.
No. 1: Find better ways to manage stress
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Stress is pretty much unavoidable, both in day to day life and in business. This is why the top New Year resolution for any entrepreneur should be to come up with healthy ways to manage it. Stress is counter-productive and can really hurt your business if you don’t come up with methods to alleviate it. Eating well and working out every now and then are all good examples of how you can diminish your stress levels and increase your performances.