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How to make the most of these holidays

I find this quieter time over the holidays a great time not only to refresh and recharge, but to reflect on what’s happened over the year, both good and bad, and to plan to make next year a better year.

Colin Sprake, a motivational business speaker and author of the  book The Entrepreneur Success Recipe  offers these 6 tips to make use of your holiday downtime in a blog on Entrepreneur.

He suggests:

1. Reflect on the year

“[The holidays are] a time of reflection on where your business is going,” says Sprake.

Review marketing, sales and profit strategies, reflect upon what worked and what didn’t, what you can improve upon, which products and services were profitable and which were not so you can enter the new year prepared to tackle the problem areas of your business.

2. Set goals

Just as you make New Year’s Resolutions to lose weight or eat healthier, take advantage of your business downtime to set some goals for your business over the next 12 months.goal image

Be sure to place your goals somewhere accessible so you can review them on a regular basis and evaluate your progress.

3. Invest in your intellectual capital

Take the time to read a great business book and get some ideas to improve the areas where you’re lacking. You can also use the slow time to research courses and workshops you may want to attend in the New Year.

4. Take time off

“It’s vital for entrepreneurs to take time away from their business and recharge their batteries,” says Sprake.

Taking time away helps to relieve stress, avoid burn out and will have you returning in the New Year feeling rejuvenated and ready to tackle anything thrown your way.

5. Get personal chores done

A strong personal foundation is essential to propel your business forward.

Take advantage of your downtime to schedule your annual dental and eye exams and get any personal chores such as cleaning out the garage or organizing your home office out of the way so they don’t add to your stress later in the year when your phone is ringing off the hook.

6. Thank your support network

While we often take time to thank clients for their business, Sprake says it’s equally important to show gratitude to family.

“Your family supports you through the thick and thin of your business,” says Sprake, who hosts a gratitude dinner for his family around the holidays to thank them for helping him achieve his business successes.

What are you going to do these holidays?

 



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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'How to make the most of these holidays' have 4 comments

  1. Avatar for Property Update

    December 29, 2013 @ 4:18 pm Julie Betts

    Hi Micheal,
    I just want to say thank you for making your daily blog and newsletters available, along with all the invitations to seminars etc. I have learnt so much from you and believe you do give the best advise in investing . I have 2 investment properties in NZ and my own home as well. I aren’t in a position to buy any property in Australia at the moment , but I am an Australian resident and work here. If I was ever to invest in Australia I most certainly would be in touch with you for advice. I am spending my holidays just relaxing at the beach, catching up with friends and taking time to look at what I would like to happen in 2014 , things that you don,t get time to do when you are working, I have 2 weeks of work and am just going to enjoy and relax.

    Wishing you and your family an enjoyable holiday season and Best Wish’es for the New Year!

    Reply

    • Avatar for Property Update

      December 29, 2013 @ 7:27 pm Michael Yardney

      Thanks for the kind words Julie – You’ve really made my day!

      have happy, healthy and prosperous New Year

      Reply

  2. Avatar for Property Update

    December 29, 2014 @ 12:34 am Ronnie Lai

    Hi Michael,

    Thank you for your good advice on your blog and youtube, your words of wisdom are always very helpful and motivational. Like Robert Kiyosaki said it is always important to have a financial mentor and I think you are definitely one of mine. Enjoy your holiday.

    Ronnie Lai

    Reply

    • Avatar for Property Update

      December 29, 2014 @ 8:08 am Michael Yardney

      Thanks Ronnie
      It’s great that you’re benefiting form these blogs, I’m pleased that I’m on your wealth creation journey with you

      Reply


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