When you think of New Year’s Resolutions, you’re almost trained to believe that they have to do with eating better, losing weight, quitting drinking, quitting smoking or becoming more charitable. While these resolutions are staples, they’re also personal and don’t do much for your professional life.
After Christmas passes by and the time New Year is upon you, it’s vital that you start considering the things that you can do to make yourself a better entrepreneur, boss, or even a better employee. Though unlike those resolutions you’ve made to cut out carbs, these are more feasible. Take a look at a few professional resolutions that you can consider when you’re looking to better your professional relationships and life.
If you aren’t an accountant, it can become difficult to keep track of your finances, especially if you’re running a small business that requires you to stockpile your receipts. What you may not know, is that by not paying proper attention to your cash flow, you could be spending double, and sometimes even triple, what you need to be contributing to get the work done.
Make a resolution to begin monitoring and managing your cash flow, so you could potentially make enough disposable income to invest it back into your company. You are also going to learn precisely where the money is going, and where costs can get cut without having to take a loss anywhere in your business. You’re an entrepreneur, understanding the day-to-day financial operations of your business could be one of the smartest things you’ve ever done for your business.
New Year, New Networking
Networking can be a great reputation for not just yourself, but your employees, too. Networking and word of mouth can have a dramatic effect on business, and if done correctly, it can even boost your business, and career, into levels that you hadn’t seen before. As a business owner, your networking with other entrepreneurs not only puts you on their radar, but it also broadens the possibility for business partners should you want a joint venture down the road.
On the other hand, encouraging your employees to get out there and professionally network is equally as beneficial. When this happens, you’re giving your employees the opportunity to talk, and feel good, about what they’re doing for your business. Just like you need to have contacts as an entrepreneur, it’s important for employees to have connections as well. There may come a time where they need to turn towards other professionals to complete a task.
Digging into the Digital Age
Once the New Year hits, it’s going to be 2018. It’s shocking, but it’s true. Time flies when you’re an adult, and it flies by even quicker when you’re keeping yourself busy with your new business. Understanding the year, and the day and age that you live in means that you should at least somewhat understand the concept of digital marketing or technology in general. If you don’t, it’s time to make a New Year’s resolution and put it at the top of your professional list.
There is a very good possibility that you’re driving away potential customers by not having your website updated, so if it’s not something that you’ve done since your launch, it’s time to start. Make sure that you promise yourself to get it updated. You want to make sure that your website is including every service that your business has to offer; otherwise, you could be missing out on revenue. Also, consider creating an email marketing list, and making your website mobile friendly. Studies have suggested that more people are doing their shopping via their phones than ever before.
Trying Out Teamwork
Whether you’re the owner of the business, or you’re an employee, teamwork is crucial to the majority of all companies. No one has ever said that you need to get along with every person that you work with, but you don’t need to hold professional respect for them. There are many ways that teamwork can get incorporated into your work life, and these are just a few.
- Participate in team workshops: Even as the manager or owner, it’s essential that you take part in the same workshops that your employees are. That helps to show them that you don’t consider yourself above them and could make them more eager to learn when they see that their boss wants to learn too.
- Take Part in Team Outings: During the holidays, birthdays, and random intervals throughout the year, you’re likely to have a member of the team suggest doing something as a group. That could be something as simple as a potluck, to renting out a gym for group basketball. These type of activities are important to take part of, at least once or twice. As a boss, your staff may feel that you believe you’re too good to participate in their activities, and as another employee, your co-workers may feel like you won’t want to be around them.
- Team Coaching: As an entrepreneur, if you feel like your staff members need help in some regions of the business, ensure that you’re making the proper resources available to them. It’s important not to approach them with a sense of negativity or criticism. Let your staff know that it’s okay for them to ask you for help, and make sure they know that you succeed as a boss when they succeed as an employee.
Communication is Critical
When you’re running a business, or employed by a company, people everywhere are going to tell you how critical communication is, and they’re right. If you feel like you’ve been a bad communicator in the past, that’s okay. You can rectify that by making a New Year’s resolution.
Before you go ahead and make the promises to be a better communicator, ensure that you understand where your weaknesses reside. That’s not anything to be ashamed of. Regardless of if you’re the head of the company, or on the lowest part of the totem pole, everyone has something they can work on. Try finding out what issues and misunderstandings your employees have, and if there’s a lack of morale. Touch base with your staff, and ask them what they would do differently. When you get their input, you’re finding information direct from the source instead of trying to put two and two together; which could lead to more miscommunication.
Now that you know the type of resolutions that you should be looking towards making in the New Year, you can put pen to paper and start coming up with a realistic plan of how you’re going to stick to it. Resolutions are notorious for being broken in personal lives, but this doesn’t have to be the same in your business life. There are many other resolutions outside of the ones on this list, and if you’re truly serious about making 2018 the year of your resolutions, ask around. Consult with employees, colleagues, friends, and even family. Ask them for their genuine opinion on where they think you could put more work into your professional life. Happy Holidays, and Happy New Year!
Have you made your New Year’s Resolutions for 2018? What ones do you want to implement in your professional life? Do you believe in resolutions? Start a conversation below.