The end of the year is a great time to reflect upon what you have learned from your business. This gives you a chance to celebrate your wins. It is also a chance to look at what went wrong and figure out ways to do things better in the future.
It is thrilling to look back and reflect upon what you have learned from your business this year. At the end of every year business owners spend time gathering all their records together to prepare for tax time. It would be good to spend time at the end of the year reflecting on the things you learned from your business over the course of the year. This is an important thing to do because you can build upon the lessons you learned today when taking action tomorrow.
Almost everyone has heard the expression, “those who forget history are doomed to repeat it.” This expression has a place in the life of your business. Take time on a regular basis to see what you have learned from your business. In an ideal world, an entrepreneur would sit down once per month and make note of the lessons learned over the course of the month. By that, I mean literally sit down and take notes. If this is not possible in your business, take the time at least once per year to actually take notes and make a record of the things your business has taught you over the past year.
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If you want to read more about succeeding as an entrepreneur, check out:
Be Thankful for Your Business – It Provides Jobs — Even if you a solo operation with no employees, your business decisions matter far and beyond your business. Click here to read more.
and
Customer Service Matters, So Make Yours Excellent – Customers help make your business go around so treat them right! Click here to read more.
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These notes serve many purposes including:
- Confidence boost – it will do you good to realize that you have grown and developed useful information while operating your business
- Teachable moment – the lessons you have learned over the past year will help you teach important ideas and principles to your employees, staff, and others
- Additional revenue stream – often the lessons we learn while operating our businesses are lessons that others are willing to pay to learn via paid speaking engagements, books, and teaching positions
It is hard to move forward with firm and sure footing if you are not aware of from where you are starting. It is important to take time to reflect and learn what your business had to teach you over the course of the last year as you plan for the next year.
In conclusion, it is thrilling to look back and reflect upon what you have learned from your business this year. So, the question for you is, what have you learned from your business this year?
I don’t currently have my own business. But I do think this year, an my personal blog, are trying to teach me patience.
I do not have a business per say other than my blog – it’s all about learning that is who I grow. Thank you for the encouragement.
That’s a really good idea to take a good look at things at the end of this month to gauge it all.
I definitely need to reflect heading into this new year.
I’ve been blogging for nearly 2 years. I feel like I’m moving too fast sometime to reflect. I have to make time to do that.
It’s been a year of blogging for me so far, and although there had been a rather lengthy period of stagnancy for me, I am feeling great about it because it began to take shape. I am learning so much more about everything, every single day, and ultimately learning more about myself in this process!
I had not thought about what I’d learned this year until I saw this post. Now I am reflecting.
We have had a great year… we have doubled our readers, fixed the glitches in our site and only see good things on the horizon
I have definitely learned that I need to set more strict “business” hours to keep a better work/life balance.
gives me somethin to reflect on…. 😀
I have been taking the time to reflect lately and fine tune some of my goals. One of them is to do more speaking and I’m happy to say that is manifesting. The other is to write another book, which I am working on.
Estelle
I’ve been so busy working my business that I had not even thought about taking time to review what I’ve leanred this year.
I want to start hosting webinars just as you mention in the additional revenue stream idea. It’s true. I think I should look more into it!