Both successful and unsuccessful business owners set goals, but, according to a 300-business survey by Staples, 77 percent of companies fail to reach their goals. So if setting the goal doesn’t determine success, what does?
“It is so easy to overestimate the importance of one defining moment and underestimate the value of making small improvements on a daily basis.” — James Clear, Atomic Habits
Did you know that if you only make a 1 percent improvement or setback each day for one year, you’ll be 37 times better or worse than when you started the process? Habits work like compound interest. Now multiply that compound interest, positive or negative, by your number of employees. That’s a lot of potential impacts. Long story short, to have a better business, you need to teach your team to set better habits.
Here are some tips on building and maintaining good habits:
- Identify the WHY
Ask yourself why you want to build this habit. Knowing and establishing a purpose for your goal and habit can help you refocus when you face setbacks.
- Make the habit part of your routine
It is easy to forget the habit when it isn’t part of your routine, especially when life gets chaotic and busy. Build the habit into your routine. Set reminders on your phones and calendars, and stick to the plan!
- Create a supportive environment
Remove things that may hinder you from executing good habits. Put yourself in an environment that will help you focus on the habits you are trying to adopt. Surround yourself with like-minded people who can support you. Some habits may need professional assistance, especially in dealing with business goals.
Here at CLS, we can connect you to experts who can help elevate your business game.
