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Your Year To #StartSomething


February 2, 2017

Each year, we make resolutions to accomplish big things during the upcoming year. Take that determination to start something and apply it to your startup. Whether you’re still in the idea stages or you already have a business, make this year YOUR year!

Write down your goals

Have something you want accomplished? Write it down! As odd as it may sound, studies have shown that you’re more likely to succeed at your goals if they’re written down. A note to yourself is a physical reminder and promise of what you will achieve.

If you want to take a step further, keep track of your daily progress through journaling. When you reach your goal, or if you hit a wall and need motivation, you can open your journal and see how far you’ve come!

Spread your ideas

Many entrepreneurs make the mistake of keeping their ideas hidden during their business’ development. The truth of the matter is, most starters are too busy with their own projects to steal another’s ideas.

Talk to your friends, professors, and mentors to see what they think of your idea. They may have just the information or advice you need to propel your startup to the next level.

Set benchmarks

Of course once you’ve launched your startup, you’ll want to know how well you’re doing. Familiarize yourself with cash flow and burn rates metrics. In addition to the basic compensation — salary, benefits, etc — you want to set up benchmarks for equity and team building!

Visualize it

It’s okay to take a set back from your project to get a full view of its development. Remember to take a moment to fully visualize where you want to go and why you want to succeed. Having a clear, focused mind will keep you motivated. This tactic can also help you with critical-thinking and future problem solving!

Start a blog

Although it may seem like added work to your already busy schedule, blogs are beneficial to your SEO ranking and overall brand awareness. Aside from writing about your product, you can also write about your process of launching a startup and helpful tips for up-and-coming entrepreneurs. Whatever you choose to write about, you’re creating a buzz for yourself and your ideas.

Sarah Temple, Communications, Charles D. Close School of Entrepreneurship