How many decisions will you make today?
When you are a solopreneur working on your own then you’re the one making the decisions and this can be one of the loneliest and most stressful parts of running your business. And the need to make decisions is never ending.
Decisions can be divided into three types:
- Day to day
- Longer term
Day to day decisions
These can often be reactive, responding to a query or problem you have to make an immediate decision. Every time you choose what to work on you are making a decision about what should be the priority to focus on. Tracking what you do can help you to review if your day to day decision-making needs to be improved. Do you spend too much time on Facebook, when actually you should be choosing to phone the prospect you met last week? There’s no one to tell you what to do in your own business you need to get proactive and decide what is important and this feeds into more effective longer-term decision making.
Longer term decisions
Once you have a longer time frame than ‘today’ with a considered plan then you will have to make fewer ad hoc decisions. Life will always get in the way but when you have a plan and have decided on some longer-term goals then the day to day decision making is made within this framework. What is the right decision to make to achieve your goal? These goals sit within the framework of the strategic decisions you make in your business and which you will have been making since you started. This longer term perspective is particularly important when deciding on what to spend money on.
Strategic decision making
You will have been making strategic decisions since you dreamed up your business. You might not think of them as strategic decisions, but when you decided what you were selling and to whom they were important strategic decisions. The core strategic decisions are about your values and vision and then the big goals you want to achieve. Clarity in these makes the smaller decisions much easier to make.
The loneliness of decision making as a solopreneur
The worry is, have you made the right decisions? Who can you ask? Who understands your business and business in general? Friends may want to help but do they have the knowledge?
It’s one of the reasons we set up the Solopreneur Growth club.
Being part of a group coaching you build a knowledge of each others’ businesses so that others can help when you need to make a business decision, they care, but they can be more objective. It is one of the most powerful features of the group coaching sessions.
The business skills session on decision making will also provide practical techniques to help. Join now if you want to attend it.