I’m excited to introduce you to the Power of 3’s, a concept I developed for Your Best Year. It’s a simple formula that not only helps you create a profitable year, but also encourages your career in the most authentic direction imaginable.
Typical life and business advice will tell you to make a 6-month, 1-year, 5-year and 10-year plan. That’s just never worked for me. At all. Why? Because I don’t have a traditional career with a foreseeable trajectory. I’ve chased big dreams because it seemed like what I was supposed to do next, only to find out that I hated the work! That throws most conventional 10-year plans out the window.
Instead, I decided to work in 3’s, and more specifically: 3 weeks, 3 months, and 3 years. Here’s the process:
#1 List what you’d like to accomplish with the rest of the year you’re in. For example, let’s say you want to finish the year strong by launching a new product and doubling last year’s income.
Next ask: If I stayed on this course, where would it get me in 3 years? Make a projection of growth and income to ensure you like where this plan leads. Per our example, you’d continue to repeat that promotion this time every year as your list grew in size.
#2 What will I have to do in the next 3 months to get started on this plan? This becomes a bit of a rapid log of tasks and to-do’s that will be prioritized in the next step.
#3 What will I have to do in the next 3 weeks to make progress? From there, and as my husband always chants, nothing to it but to do it!
The Power of 3’s
Think of a big goal you’ve been struggling to achieve in business. It might be an income goal (i.e., earn $60K this year), a sales figure (i.e., make 2,000 sales this season), or a growth metric (i.e., attract 500 new subscribers next month). Whatever the number, it should directly contribute to your business’ growth and/or profit.
Then, ask the following …
- What results can you expect if you achieve this goal?
- If you stayed on this course (tripled these results and continued to grow in this direction), where would it take you in 3 years?
- If you like those results, what work do you have to complete in the next 3 months to get this goal well underway?
- What tasks would you need to complete in the next 3 weeks to make significant progress?
With this information, you’ll have the makings of your first progress log.
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