Jerry Bellune’s January 2019 Leadership Letter
January is always a good time of year for entrepreneurs to look back – and ahead.
Take a look at the goals you set last year. I did and was surprised that half are undone.
Sure, many other opportunities came along and we jumped on them.
As to the unmet goals, we just ran out of time – not desire or energy.
Those go on the 2019 goal list or, if no long valid, go into the dustbin of history.
How’s that for a fancy phrase?
If you aren’t holding yourself accountable, you can bet your colleagues and family are.
Friend and fellow entrepreneur Ruth King advises us to plan and track our results.
Ruth suggests investing at least 15 minutes a day to planning and tracking. Where do you get that? Try:
• 7 minutes in the shower. That’s half the day’s 15 minutes.
• Close your door, shut off your phone, and research for 15 minutes, but at slower times of the day
• Stay home and think. You will begin to enjoy the quiet.
• Plan while you are walking your dog.
Ruth walks Blackie. I walk Gypsy and Scoop. Or they walk me.
• Get your kids involved. They hear you talk about business and you’ll make them feel like grown-ups when you ask for their opinions. They may come up with ideas you would never think of.
Here are 3 goals at our newspaper and book publishing business you can adapt to your own operation:
1. Lower payroll to 35% of total expense.
2. Cut other expenses we can control by 5%.
3. Raise net profit 5%
Your Leadership Challenge
1. Can I make walking the dog and time in the shower more productive this year?
2. What can we do to improve and track our profits in specific revenue areas?
3. What can we do to lower and track our payroll and other expenses this year?
January Takeaway. Great leaders are entrepreneurs at heart. If you aspire to be one, order “Maverick Entrepreneurs’ Million Dollar Strategies.” In it 11 entrepreneurs share their strategies. Be among the first to receive the book. Purchase digital copies through Amazon by clicking here. Get your autographed copies by calling 803-359-7633 or email JerryBellune@yahoo.com .