This week in the world of government, politics and the media – the State of The Union delivered by President Obama is a big deal. The current environment dictates the strategy for the State of the Union to be filled with words of hope, promises and lots of selling. Selling the dreams, wants and needs of the audience-the big huge audience. Typically the State of the Union lacks substance, lacks details, and lacks the ‘how’ we do all these things type of facts.
It is a great reminder how critical it is for any business owner or entrepreneur to check the state of their business. This would be an in depth look at how you are doing? Are you heading toward your big goals and strategies? Are you getting off track on your projects or are you staying right on your timeline?
How are the funds? Are you being paid by your clients/customers in a timely manner? Do you have the amount of financing in place to carry out the plans you have for the year? All of these questions require you to take a reality check. There is no hiding. It is all substance. It is all about the details.
This process must take place at least one time a month. Do not skip around an area. Look deep and look hard. Then adjust your course as necessary. This is why you conduct this activity. There are often slight adjustments which need to be taken. Remember the route to the goal is often not an exact straight line. Part of the way toward business success is creating these course corrections as you go along.
Do you find you require the assistance of an expert business strategy consultant to bring you through this process and create accountability to keep you on track? Contact Mitch Tublin at www.thementorguy.com and book your initial session today.
Mitch,
This is why you are expert faculty for BBU – the “how” is so critical and isn’t always something mentors and coaches talk about. I love the analogy of the State of the Union – ideally that should involve a comprehensive plan for the entire “system.” That is exactly what we need to be doing as business owners: take an assessment of our “state of the union” for our business and create a detailed plan on how to reach our goals. I love this post!
Warmly,
Jessica
Jessica,
Thank you so much. It is good to hear you are a fan!
Mitch
Mitch – super! the State of our Business – good to have this reminder!
Trudy
Trudy,
Appreciate your comment.
Mitch
Even though I am not an American, I do watch State of the Union addresses now and then, especially if delivered by a president I like 🙂 ! And you are right….it is all selling, playing on the emotions. Very clever!
Lynn
Lynn,
It has become part celebrity and part acting to be a successful high level politician.
Mitch
Mitch,
Cashflow is so important to business success. Thank you for this reminder.
Kiyla Fenell
Kiyla,
Yes, we do need to remember to show me the money!
Mitch
Mitch,
Good info.
Dr. Robert Fenell
Dr. Bob,
Thank you for stopping in.
Mitch
Totally agree — SOOO important to check in to make sure you are “on track” with your goals VERY regularly! Thanks, Mitch! ♥
Katherine,
You are so right. Thanks for your comment.
Mitch