Okay, I’ve been thinking about something I learned while getting my MBA…
It’s about strategy versus operations.
We need both, right?
Oftentimes, we get so involved in the day-to-day operations of work… that we forget to step back and lay out our strategies.
Strategy is just as important as operations… you may not be strategizing every day, but it’s still a critical aspect of your business success.
I’ve come across this cool concept for strategizing in The 12 Week Year by Brian P. Moran and Michael Lennington.
So, most businessmen/women create annual goals…
But what about this—what if you took those annual goals and chunked them down into quarterly goals…
Rather than planning out a year in advance—lay out plans for every 3 months.
So, in essence, a new year begins every 3 months.
I think with that approach, you could get faster results.
Sometimes, we forget to think bigger picture—and we forget to stop focusing all our energy on the operational grind.
And this is why a coach is such a great benefit to investors… they help you envision the bigger picture.
And I’m not talking about a real estate investing coach, I’m talking about a business coach.
My investor friend, Todd Toback, got a coach who is strictly a business coach. He says it’s made a huge difference in his investing business.
I really think this bigger picture idea—with 3-month goals—is a fascinating concept.
So: Think strategically.