In this week’s episode of The Strategic Planner Podcast with me, Tessa Shahid, I cover the 4 planning mistakes that entrepreneurs and side hustlers make and how it impacts their business.
In this episode we cover:
Mistake #1: Creating vision boards with no plan
- The misconception of vision boards
- Why vision boards aren’t the answer
- Vision boards are a representation of your goals but they are not the plan you need to bring to life
Mistake #2: Not breaking down your goals to a granular level
- Why your goals should be specific and broken down to a granular level
- An example of how to break down your revenue goals
- Granular goals allow you to know what you need to accomplish quarterly, monthly, and even weekly (you’re able to course correct/pivot quicker)
Mistake #3: Not identifying the resources needed to accomplish your goals
- The number 1 question you should ask yourself after identifying your goals
- What goals need to be successful (time, money, staff or you, systems, automation)
- What two questions you should ask yourself when setting revenue goals
Mistake #4: Not taking into consideration personal responsibilities when planning
- How this mistake impacts side hustlers the most
- This is the key to obtaining your version of balance which may often change
- This helps you manage and allocate your time (a major resource) well
- Doing this sets yourself up for failure
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