This is a short podcast discussing a few takeaways from our mentor groups this past week. During this week’s meetings, a few things that really stood out were the “I think” vs “I know” thought process, the importance of continuous learning, and the importance of having plans in writing. These are all important and relevant to the small business owner. If you want to join a group, simply sign up at Join The Council - The McGraw Council, Inc.! 

One of the reasons why having plans in writing resonated with me so much is because how often I see them lacking. Almost half of the small business owners I talk to don’t have a business plan in writing, only about 20% have a real marketing plan, and probably less than 15% have a true financial plan for their business. These plans are not weights holding you back but rather tools to help succeed; if you do not have them, it is imperative that you get them written ASAP. Remember, it is your responsibility as a business owner to drive your business forward, and these plans will enable you to do so.