Does Your Business Need a GPS Plan in 2021? (Yes, it does!)

In this episode, Rieva quizzes Brian on GPS Plans – what are they, why are they so important, and how business owners can build a proper GPS plan in 2021 to help them achieve their goals.

Key Takeaways to Writing Your Own GPS Plan:

1. Know where you want your company to be on 12/31/21
2. Write down how to plan to arrive at your goal on 12/31/21 (repeat business, new business, sales, marketing, buying equipment, etc.)
3. Quickly decide whether or not an opportunity will get you closer to your goal. A good GPS Plan will save you time AND money.
4. Watch out for Time Robbers! They will try to steer you off course.
5. Treat your GPS Plan like a living breathing document; refer to it on a regular basis.
6. Share your GPS Plan with key advisers and employees. Get their input to make sure you don’t miss an obstacle or an opportunity.