You can be on Entrepreneur’s cover!

New Year's Resolution Tips for Busy People For many entrepreneurs, life is getting only busier and stakes higher. Managing yourself well through your year is more important than ever.

By Jason Womack

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

It's that time of year again, another new year. If you have read any popular blogs lately, seems like everyone is talking about "the time to set goals." Even one visit to a local bookstore will remind you what you already know: "You can be better, successful, healthy, and rich, if only you'll set goals and work toward them."

Why is it, then, that people we all know (maybe you included) fail to achieve new year's resolutions? Many people simply don't even make them anymore. Perhaps the idea itself has a bad reputation. Let's start with the word itself:

Resolution comes from the Latin word: resolvere. Break it down, and you get: "re- (expressing intensive force) + solvere "loosen.'"

Uh-oh, when we make a new year's resolution, we're actually "loosening" ourselves up to step in to something new.

Related: When Sustainability Starts With Yourself: The Key to Lasting Change in Your Personal Productivity

What does the word resolution mean to you? To me, when I resolve to do something, I make a firm decision and declaration of intent to achieve the goal, to finish the project, to ship the product. To do that, to achieve any goal really, requires that I look around and "let go" of some things, not do as much in some areas of my work and my life, and to delegate or forget doing some of the tasks that no longer are a part of moving the mission forward.

It's simple to make a resolution (Scroll down, review the prompts below, and pick one or two that you'd like to achieve.). It isn't always easy to move from "thought to achievement" on the "big, hairy, audacious goals" that so many entrepreneurs are fond of setting.

For many entrepreneurs, life is getting only busier. At the same time, the stakes are getting higher. Managing yourself well through your year is more important than ever. One way to do that is to reduce the "friction to implementation." Simply, make your goals easier to achieve, celebrate your achievements more often, and reset your goals to be directional instead of destination-oriented.

What's the secret? Unlike the Nike quote where you "just sit down and do it," actually making significant, lasting change is going come down to two concepts: Focus and Iteration.

Take for example the typical resolution of "I'm going to manage physical inventory better" or "Finally, I'm going to get organized." Both of these are uniquely "un-doable." Meaning, there is not a clear-cut, objective "there" you're going to get to.

What do you do? Start by focusing on the intention underneath the resolution. Take for example the idea of managing inventory. What are seven to 10 reasons you have for wanting to take on that goal? One could be: "We want to be more responsive to customers' needs." Another: "We want to more effectively manage our cash flow." Now, when you reflect back (once a week, once a month) on the "new year's" resolution to "better manage inventory," you have some more objective line items to which to compare your progress over time.

Related: Get More Done and Sleep Better at Night

Which leads to the next idea of effective goal management: efficient resolution-setting. Iterative improvement is important to study, understand and work with throughout the year. One of the common misconnections of traditional goal-setting work that people do is to "assume" that once they achieve the stated goal, it will be obvious that it's time to reset the goal, to state the next resolution.

What I know about how this works is this: As you get closer to realizing an intention, you need to already start iterating, already begin re-calibrating your focus on the "next-next" thing. This does not mean that you're "never satisfied." Instead, it represents your focus and responsiveness to the dynamics of the market, social shifts, changes in the way your customers operate.
It is that time of year again. Use it to your advantage. Focus on the things you see that need your attention. As an entrepreneur you know how important it is to choose what needs to be fixed. Pick your areas of opportunity, state your intention, and use focus and iteration to get more done.

Here are some ways to think about using those two concepts: Focus and iteration.

Don't "Write a book."
• Do write one story about a memory.

Don't "Get in shape."
• Do pick a 5K run to train for and complete.

Don't "Get rid of debt."
• Do pay an extra 5% of what you owe next time.

Don't "Get organized."
• Do review, purge and clean one shelf (drawer, closet).

Don't "Manage your time better."
• Do get used to working in blocks of 15 minutes (1% of your day).

Don't "Become a better person."
• Do schedule the "next" volunteer event to spend a half-day helping.

Don't "Learn more."
• Do invite someone you respect to meet for a coffee or lunch five times over the year.

Related: When Enough Is Enough: The Perfectionist's Secret to Higher Productivity

Jason Womack

Cofounder, www.GetMomentum.com

Jason W. Womack is the CEO of The Womack Company, an international training firm that helps busy professionals be more productive through coaching and consulting. He is co-founder of the Get Momentum Leadership Academy, author of Your Best Just Got Better (Wiley, 2012) and co-author with his wife, Jodi Womack, of Get Momentum: How To Start When You’re Stuck (Wiley, 2016). Since 2000 he has coached leaders across industries and trained them in the art of increasing their workplace productivity and achieving personal happiness.

 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

I Started a Semi-Passive Side Hustle That Earns $33,000 a Week on Amazon: 'Selling There Is a No-Brainer'

Dr. Jenny Woo wanted to create a product that would help people connect, and it turned out to be a lucrative one.

Business News

This Highly-Debated Piece of Cinematic History Just Sold For Over $700,000 at Auction

The wood panel from "Titanic" is often mistaken as a door. Either way, he couldn't have fit. (Sorry.)

Business News

From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse

The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds.