5 Must-Do Items Before The New Year
These are the five most important to-do items that should be on every real estate professional and investor’s list before the new year arrives…
No matter how busy you think you are, or the ‘urgent’ things that try to distract you and steal your time, the below will make or break how you end this year, and how the entire next year will go for you.
Review The Past Year
Take a day to review the past year. What worked well and didn’t? Why?
Evaluate any gap in your goals versus achievements. Did you surpass your goals, or fall short? What caused that?
Ask what has changed in the real estate market and economy, and your business, and life over the past year, as well as your personal development?
Then take the next day to celebrate all the progress. Even if you didn’t hit all your goals.
Set New Goals For The New Year
Make them specific, BIG, and achievable.
Anchor these to your underlying why. Make them visible on a daily basis. Not just for yourself, but for your entire team.
Begin setting up the framework to be able to achieve these goals over the next 12 months. If you don’t have a template for this yet, even just start a spreadsheet with the categories of items that you need to accomplish them. Including the team and roles you need to till, the connections you need to make, the infrastructure that needs to be put in place, and the budget and funds required.
Evaluate The Outlook For The New Year
Consider what is likely to change or stay the same over the next year?
Such as new regulations, demand and supply, the cost of doing business, and more.
Ask what are the unknowns or wild cards that could be played? How can you be prepared to weather it and capitalize on these changes, so that your business is unshakeable when things happen?
Take Time Out To Reset
Recognize that this is some of the most important and profitable time you will invest in yourself and your business all year.
Whether it is a weekend or a week, the ROI on this time outside of your business will return many times that of the hours you are busy in your business the rest of the year. It will boost every other minute you spend doing things over the next 12 months.
Getaway somewhere new. Ideally you can unplug from everything for at least 48 hours.
Decompress, get inspired, gain new insights, recharge, reenergize, and regain your focus, and perspective on the big picture.
This is the most important thing we all MUST do before the new year.
Set The Table
Then take the remainder of the year to have conversations about everything you’ve contemplated, learned, and set to do for the next year.
This season is ideal for sharing many meals with important people in your life, and new people. This sets the table for the entire next year.
Spend quality time with those you love and care about, time bonding with your team, and connecting with new prospects, and potential partners. Eat together, get feedback, solicit ideas to streamline your achievements, and set up plans to take next steps with them in the new year.
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