Your Guide to Making More Money in 2021

Jan 29, 2021

Your Guide to Making More Money in 2021

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Sometimes New Year’s resolutions get a bad rap. You know the drill: January 1 arrives and people feel compelled to come up with a challenge that isn’t even realistic. They stick to the goal for about 72 hours, then immediately go back to their old ways.

So if your goal were to watch less television, you’d diligently avoid the tube for 3–4 days. Then you’d realize that your favorite show has a new episode and treat yourself to watching it. Once the final credits roll on that episode, you’d lose all control, finding yourself rewatching the show’s entire season from the earlier year.

If this scenario sounds familiar, there’s no shame in it. We’ve all been therewhich is why we should be as strategic as possible when creating goals. It’s no good to strive for things if we aren’t really set up for success.

The same can be said for your business. Goals (whether they are set on January 1 or August 15 or September 5) are always an important element of your success. In order to reach important milestones, you must identify them. Once you’ve outlined where you want to go, you need to put in the effort to get thereand that requires tracking and reporting.

“Small business owners must set goals to operate and grow a successful business, despite the products or services offered,” says The Balance Small Business. “Business owners must set both short-term and long-term goals that include everything from funding and income to expanding the business and reaching customers. In addition, both short-term and long-term goals must be realistic, specific, and measurable so the business owner can measure success on a monthly and yearly basis.”

About the Author

Grant Olsen

Grant Olsen

Grant Olsen is a writer specializing in small business loans, leadership skills, and growth strategies. He is a contributing writer for KSL 5 TV, where his articles have generated more than 6 million page views, and has been featured on FitSmallBusiness.com and ModernHealthcare.com. Grant is also the author of the book "Rhino Trouble." He has a B.A. in English from Brigham Young University.

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