Every decision, whether large or small, plays a role in determining the future of your business and its level of success. To help ensure you're making the right decisions for your business, it's important to not only set initial goals in your business plan, but to take the time to periodically reevaluate them. Here are some tips to keep in mind when the time comes to reevaluate your goals as an independent consultant.
Go Back to the Beginning
To determine where you need to go next, go back to the days when you were first getting started as an independent consultant. What were your reasons for getting into the field? Why did you decide to work for yourself as an independent consultant?
In other words, don't lose sight of the driving motivation that got you started in the first place. Keep the original business plan you created to achieve your goals in mind. Use it as a guide to move forward without veering too far off your original path. Staying the path will increase your motivation as you realize how much you've already accomplished.
Reflect on Your Progress
When reevaluating your goals as an independent consultant, take a look back at the decisions you've made that lead you to your current point. What challenges and obstacles did you encounter and how did you overcome them?
Were you ever forced to abandon or drastically change your goals? Did overcoming a challenge shed light on previously unrealized areas of strength? Did you have to reevaluate your clients, billing rates, or even areas of specialty? Maybe you discovered a new area of expertise. By reflecting and analyzing your path up to this point, you can get a better idea of what has worked well for you - as well as what hasn't. Keep both your accomplishments and failures in mind when you re-calibrate your goals.
Determine Your Targets
It's critical that you periodically set clear and specific goals for yourself, as well as develop a plan to achieve them. Develop these plans of action for every aspect of your business that needs to change, and create a way to track progress towards reaching the goals. It is imperative to have a way to measure your progress, as this will provide invaluable information for future reevaluations.
Remember that reevaluating your goals does not necessarily mean changing them. It's possible that your current goals are still appropriate for your focus going forward, but taking the time to analyze them will help ensure that you're on the right track and taking the correct steps.
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