Thursday, January 3, 2008
Resolution Revolution 2008
If only.
Well, let's review a bit, shall we? Last year, my resolution watch word was "attainable." For that reason I only created about five business goals that I felt I could relatively keep. So, here we are a year later...how did I fare...or as is the case, where did I go wrong?
2007 Resolution 1:
Increase Profit. Didn't see that one coming, did you? But it isn't enough to make a general declaration as though the intuition to accomplish this will mystically materialize. Chris Gee of Cube Interactive, LLC and ringleader of The Prepared Mind suggests arriving at a target amount you want to make in a specific time period (in my case, how much I want to earn in one year) and working backwards. Forming a plan this way seems less like an uphill struggle when strategizing a means towards your lofty objective.
Although my profit did increase, I still didn't hit my goal. So, what happened? I started at the end, but didn't work out a detailed enough plan to take me there. Or it could have been that my aspirations were a bit too ambitious. Either way, I didn't realistically factor the time that was needed to research and reach certain benchmarks, particularly when last minute projects or personal emergencies popped up. My plan looked pretty good on paper, but fell apart in practice.
How to resolve the resolution: More research. Others reached their fiscal goals, so can I. And with a year's worth of data from the past year to use as a comparison, I should ideally be able to devise a more effective attack plan that will either bring me closer to hitting this year's goals or surpass them. It's good to dream.
2007 Resolution 2:
Launch a Self Promotional Campaign. I've fussed and balked long enough, it's time to heed the clarion call for action. Part of the reason, well, most of the reason why I still don't have a website or a stationery system with my redesigned logo is that I'm too anal, I feel as though I can always come up with a better solution and end up changing strategies. In short, I'm my worst client—EVER.
Not surprisingly, I'm still my own worst client. Unlike my other (real) paying clients, I ended up putting my business marketing projects on the back burner for real work more often than not. An effective strategy is only good if I stick to the deadlines I place on it. If I don't treat myself like a real client, the obvious result will occur.
How to resolve the resolution: I still had a solid game plan, however I have to stick to my agenda and not set my work aside whenever a paying project or "life" compromises it. I have to think of it in this perspective: if I don't promote my business, I won't get any new business and won't reach my year's financial goals. What I'm going to do is schedule a consistent block of time during the week (Thursdays between 6 and 8pm for example) to specifically dedicate towards the growth of my business.
2007 Resolution 3:
Get Fresh Blood. In order to reach my lofty profit goals, I need new clients. For this, as I stated in the previous resolution, I've been driving and walking around town taking down company names that are in sore need of a re-brand, visiting "noteworthy" yet poorly designed sites and developing a good promotional campaign that targets their needs. In all of these cases, I took a page from J.P. Morgan and "followed the money."
Well, if I only had that gosh darn promotional collateral that I kept putting off in the previous resolution this one could have worked. And in truth I didn't participate in the start-up forums as much as I should have. To be quite honest, I was indulging myself in all the wrong forums.
How to resolve the resolution: It's still a good idea to create a custom mailing list, but like a well oiled machine, all aspects of my business model have to be in place and running. So for this to have a chance I need to prioritize some of my other resolutions. Regarding the start-up forums, I'm going to pick at least two and slot time every week to hob nob with the locals. Considering that I am already an active participant in so many other groups, I think two is a nice number to get my feet wet.
2007 Resolution 4:
Launch Website. Oy, what a headache this has been. The fact of the matter is that I wasn't really satisfied with any of my concepts.
It's still a headache, but I finally decided to move in a direction that ties into my overall branding agenda. Although I don't have a "complete" site, I did put up an interim page with redirections to a portfolio of featured projects (which will soon be moved to another, more private location) and my web log.
How to resolve the resolution: There are two ways to go about this, either whizz or get off the pot. Realistically dedicate time to learn Flash and/or Dreamweaver (to start) or outsource the coding. It's that simple. Times are such that I can't afford not to have my site up—people seem to be using it as a benchmark of professionalism (how many times have you been asked if you have a web site?). Regardless of whether the bulk of my work comes via referrals, if I want to generate consumer interest from other sources, then I have to have one up.
2007 Resolution 5:
Enter Industry Design Competitions. NO, not spec run "contests." Here's the major distinction between the two.
Actually one I kept, so huzzah for me! So nothing to resolve except to continue to enter this year. Time will only tell if it will prove a beneficial promotional tool. Even if it doesn't, it certainly can't hurt to add the title of "Award Winning Designer."
Conclusion:
Rather than create new goals for this year, I'm going to try to keep to the ones I formulated in 2007. The only difference is this year, I'm going to try slightly different approaches, both in my plan and in my perspective, to stick to them...or well, most of them. I don't mind taking baby steps so long as I continue moving forward.
Janfirst illustration ©2008 Dagmar Jeffrey. All rights reserved.
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1 comment:
Here's wishing success in your endeavors. Very motivating article.
Thanks for this!
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