Jul 19, 2021
If you are like most people, you have spent the year running like crazy without looking back. On this episode of Solopreneur Money, I encourage you to stop and think about where you have been and where you are going. At the time of this recording, it is July, and that means it’s a fantastic time to complete a mid-year review of your life and business. Listen in to discover a system that you can follow to complete a mid-annual review so that you can take stock of where you are and where you are going.
There are 6 areas of your life that are important to review to ensure that you are on track to meet your goals. Consider each of these areas when completing your mid-year vision review.
Vision - Start with the end in mind. Where do you want things to go from here? Do you have a vision for your life and business? If so, then now is a great time to revisit it. If you haven’t written it down, now is the time to start. I read my vision daily. This helps me stay on track to work toward my goals. I use this vision as a compass to guide me. Listen in to hear what you need to consider when creating your vision.
Life - Are you living the life you set out to at the beginning of the year? Are you taking the vacations you want? Are you working the hours you want? Are you spending enough time with your family? There are so many components to a happy life. Take a moment to consider each aspect. Think about the small changes you could make to optimize your life.
Business - Are you on track to meet your business goals? If not, why? Consider your expenses, profits, staffing, and systems. What do you need to change to meet those goals? What one thing should you focus on over the next 6 months to help you reach your goals? Remember, always begin with the end in mind.
Financial plan - How is your cash flow in your business and personal life? Has anything changed over the past 6 months? Have you made any large purchases? Have you paid off any debts or accrued any new debts? Do you have 6 months of emergency savings set aside? Are you on track to fund your retirement? There are many considerations to ensure that your financial plan is well-rounded. Listen in to hear them all.
Changes - What changes need to be made over the next 6 months? Layout your next steps.
Take action - Time to get started on the second half of the year. Put your plan into action and focus on one thing at a time to ensure that you stay on track to meet your goals.
Schedule a time to meet with yourself every 6 months to work on this mid-annual review. When you do, be sure to listen to this episode again so that you don’t miss a thing. I created this solopreneur podcast so that you could master your finances to create the life you want. If you think I have been helping with that, please leave a 5-star review on your favorite podcast app.
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