When you're building your home-based business, you're "it". You're the mind, the
pulse, the liver, the filtering system, the reproductive system and everything
else in between. It's impossible to be objective and see the bigger picture when
you're fully involved in all of its intricate workings.
The best way to make sure your business gets a healthy check-up
is to put it under a microscope and examine it with a fresh set of eyes at least
every three months.
You need to mentally extract yourself from your business and
examine it from an outsiders point of view and to be even more thorough, get
other sets of eyes to assist.
To begin, mentally put your business in a box. Hold that box in
your hands and place it under a powerful microscope.
Next, sit in a comfortable chair with a notepad and pen by your
side. Then, lean forward, look through the magnified lenses and start examining
the individual workings of the organism in front of you.
What should you be looking for? Start with the fundamentals:
1. How many hours are you working every week?
2. How much work is left undone at the end of each day?
3. What tasks never seem to get done no matter how much you
intend to get to them?
4. Is anything being shared, delegated or outsourced, or are you
running the whole show?
5. How much time each week are you performing non-income
generating tasks like designing posters, updating your web site, fixing your own
equipment?
6. Are you working with your ideal clients or are you attracting
people who want things given to them, at a discount or who want to nitpick over
every detail?
7. What tasks drain you of energy?
8. Which customers drain you of energy?
9. What expenses take up the bulk of your cash flow?
10. How many projects are you running at once? Do you have
several under way, but none complete?
11. Who are you leaning on for support, guidance and helpful
resources?
12. Who helps you with brainstorming and trouble-shooting?
13. Who's there to hold a mirror to you, hold you accountable
and be willing to tell you the truth when you need to hear it?
14. What's your greatest potential revenue source and what are
you doing to ensure you focus the majority of your time and attention on that
source?
15. What activities are proven time wasters, but you continue to
do them anyway?
Again, this is just a preliminary check list. Get a trusted
colleague or members of your mastermind group to help you create a more detailed
list that's specific to your business.
If you work through your checklist with truthful eyes and an
open mind, you'll discover weaknesses, inconsistencies and room for improvement.
And although this exercise might seem discouraging at first,
it's necessary to help you stop doing the things that are hindering progress.
Examine your business thoroughly every three months, identify
the limitations and turn them around. This practice will move you to where you
want to be faster and easier. As a mentor of mine once said, "Discipline weighs
ounces. Regret weighs tons." Do what you have to do now and you'll get to where
you want to go.
Commit to a regular check-up on the health of your business, be
willing to change your habits and way of thinking and operating, and your
business will grow in equal proportion to your personal growth and accumulated
wisdom.
Copyright 2008 Laurie Hayes - The HBB Source
Laurie Hayes, founder and visionary behind The HBB
Source, helps government and corporate employees break free of their jobs
to live their dream of entrepreneurship. To subscribe to her FREE e-zine
for valuable resources designed to create home business success, visit
http://www.thehbbsource.com.