Break Down Your Business Plan

Having decided on my 5 streams of income – plus list building – I needed to make more detailed plans so I would know exactly what to do to achieve these goals. The first thing I did was better define what was required to achieve each of these streams.

For example, one stream of income was paid teleclasses. So, I asked myself how many participants at what price I needed to attract each month to make the amount of income I wanted for this income stream. I did this for each of the five streams to make it very clear what I needed to accomplish to earn the monthly income I wanted.

What’s the Plan?

2010 BullseyeWell, it’s late February now. How are those New Year’s Resolutions going? I’ve never really liked making resolutions in January because we all expect to break them almost as soon as we make them. So why bother?

I’m sure you received many emails at the beginning of the year, as I did, expounding on the virtues of establishing goals for your business this year. I, as usual, chose not to go through the exercise at that time. But that doesn’t mean I don’t believe in setting goals. I just don’t think we should reserve the process for January 1st.

The Journey Has Value Too

I was on a call with Jack Canfield recently where Alex Mandossian was interviewing him to promote Jack’s book, “The Success Principles: How to Get from Where You Are to Where You Want to Be.” There was a great metaphor Jack used that I wanted to share. You should know by now how much I like reflecting on ideas presented through stories!

Jack was addressing a question about the Law of Attraction. The questioner said that it worked for her in small areas, but she hadn’t achieved the results she wanted in larger areas.

Carrot, Egg, or Coffee?

This is another story I appreciate. I hope you will, too.

A young woman went to her mother and told her about her life and how things were so hard for her. She did not know how she was going to make it and wanted to give up. She was tired of fighting and struggling. It seemed as one problem was solved, a new one arose.

Her mother took her to the kitchen. She filled three pots with water and placed each on a high fire. Soon the pots came to boil. In the first she placed carrots, in the second she placed eggs, and in the last she placed ground coffee beans. She let them sit and boil without saying a word.

Donkey in the Well

I thought this week I would step back and get a bit philosophical. I know many are going through hard times, due to real estate issues or flooding or hurricanes or job loss. This little parable is an old story, but one of my favorites. It never fails to give me needed perspective when the world seems aligned against me.

If you’ve been a subscriber for a long time, you may recognize this story. I published it in my ezine many years ago and thought it was worth repeating.

Donkey in the Well

One day a farmer’s donkey fell down into a well.