Written by Julia Stewart
Here's a nifty tool for your annual coaching business plan. It harnesses the power of the 'top ten list', works for any type of small business, and it only takes fifteen minutes to create an effective plan for coaching success.
Follow these steps to plan for this year's coaching success:
- Make a list of the Top Ten things Your Business Did Right, last year. These could include a new strategy for attracting clients, raising your fees, upgrading your skills and credentials, hiring an assistant, increasing your sales, etc. This list should take 5 minutes to complete, tops, but spend at least ten seconds appreciating yourself for doing these things right.
- Now make a list of the Top Ten Things Your Business Did Wrong. Be honest, but don't wallow. Did you spend too much time on Facebook? Did you focus too much time or energy on a business strategy that just isn't working out? Did you spend too much money on tools, memberships, or trainings that didn't enhance your business? Did you fail to hire a mentor coach, even though you knew you needed one? Did you let your self care slide? Did you network, but didn't follow up on leads? If you suspect something you did or did not do is costing your business, you're probably right, so write it down and then move on.
- Prioritize your lists by numbering them in the order of best things you did and worst. You've probably noticed a pattern or two by now. That's good; it'll help you with your next list.
- Now write a top ten list on what you'll do this year for more success. With your last two numbered lists, this'll be pretty easy. And this is the list that'll help you succeed this year.
- Of course, lists like this one are useless unless you find a way to remind yourself to follow through on them. In this case, you need to follow through for 12 full months. You could post your Top Ten Things to Do This Year list on your wall or make it into a screen saver, but over time, it'll become invisible to your eyes. So here's what I do: I schedule it to be emailed to me once per month. I use a free service called, Yesware, to send this list in a reminder every 30 days, so I can check to see if I'm following through. It's already helping me prioritize what gets done.