As we move into fourth quarter and an unpredictable economic future, what are your priorities for the remaining months of the year, and how are you setting yourself up for a strong 2023?
Here are four business tips to maximize fourth quarter and thrive during these turbulent times.
LEVERAGE MOMENTUM
Look at where you already have momentum in your business, and add fuel to that fire.
Money flows from momentum.
If there’s enough momentum, we can see massive growth within weeks or months, just like I’ve done with many of my coaching clients.
You see, when you work with momentum it doesn’t cost you anything more than what you’re already spending. Because you’re working WITH momentum, you’re getting results faster than any other marketing strategy on the market today.
FOCUS ON IMPACT AREAS
Look at the key impact areas of your business, to determine what buttons to push and levers to pull — to gain traction.
List out all of the ways you are currently increasing traffic, leads, conversions, frequency of purchase, customer transaction value and retention.
Brainstorm a couple of ways you can make incremental improvements in one or two of these key impact areas.
Small, incremental changes made consistently over time yield exponential results.
THINK LONGER TERM
Start planning for 2023, now.
Let your data drive the strategic priorities for the upcoming year.
Review the data from your top Key Performance Indicators and look at the trends over time. What is the data telling you?
Based on the data, identify the ‘big rock’ priorities you want to kick-off in January, and list out the tactical action plan and action steps you need to start taking now in order to move those projects forward.
PRIORITIZE SELF CARE
It’s been a busy and stressful year for many people.
At this time of year, the heaviness of what we’ve been carrying all year can result in burnout, overwhelm and exhaustion.
Self-care is a key business strategy.
The health of your business is completely dependent on your own mental, emotional and physical health.
Block out downtime, exercise, family time, vacation days and ‘white space’ in your calendar, so you can breathe, think and reflect. This will increase your clarity, ability to focus and make good decisions.
Wishing you a successful fourth quarter, and clarity for the year ahead!
