388 | Commitment to The New Year, The New You

There are some concrete steps I take in planning for next year. I want to share with you some of the actions I take in starting the year on the right intention. Planning for the next year is something that people want to do, but when they don’t hit their goals, they get wrapped up in doubt and fear. In this special extended version of my sharing with you my process of looking back and looking forward, you will learn how you can plan for next year.

Don't miss an episode. Subscribe to Growth Think Tank.




Share the LOVE and TWEET about this episode.

Commitment to The New Year: The Transcript

Disclaimer: This transcript was created using YouTube’s translator tool and that may mean that some of the words, grammar, and typos come from a misinterpretation of the video.

Are you committed to your success this year? Are you truly committed to everything that you have in front of you to make that a reality?

I love the new year, I love the whole process of ending the year on a little bit of a downtime so that I have time to think, I have time to look back at the year, and I have time to look forward and make some new intentions for myself. This video is about how I do it, but also hopefully you can pull from this to help you make the most out of 2019.

My name is Gene Hammett. I work with and I study fast-growth companies, the top 1%, these are the Inc. 5000. If you know that list, the first 10 are growing so astronomically it’s not even seeming possible for most people. I interviewed someone a few months ago, Ben Wright, who has grown his business, sorry, I got tongue-tied there, has grown his business 39,000% over a three-year period, 39,000%, how is that even possible? He has just under 50 million in revenue at the time of that, he’s grown since then, and I love to understand what it takes for companies to grow that fast.

Now part of that is their intention to success, their intention to new strategies and new growth. Many times I’m talking to companies, they can’t do what they did last year just a little bit better. That’s what big corporations do, they look for a 10% growth and they’re happy with it, they’re very, you know, okay with 10%.

Now, if you were growing at 10% maybe you’re happy at that. But your employees, the people that have trusted in you to grow their careers and their values, are they happy with a 10% growth? Not just in their revenue but in their ability to deliver value in this world? Probably not.

So one of the things that I do in making a commitment to the new year is I look back at the numbers. I look back at the revenue, I look back at the profit, I look back at my expenses, I look back at some of the key metrics as around how many speaking gigs did I get? I’m sure you probably have a different number that’s important to you, but what are the numbers that are important to you? And I look back and I can give myself an honest assessment of how I performed on that period.

Now if you’ve done your accounting right, if you’ve done your key metrics, and you understand your business, then this should be pretty easy. You should be able to look at that and be honest with yourself, that’s the hard part, of how did you perform on those numbers?

You know, if you add into it what you intended to do, your goals, it doesn’t always match up, and then sometimes people beat themselves up and they start to exist in a place of fear and doubt, and I don’t want you to go there. I want you to just look at this objectively and say, well, who was I being to receive that? Because what you have created is all about who you showed up as, your being in this world, and you must be clear about that. Now, the next phase I look at is I really start thinking about what’s most important to me, what are the most important projects or most important goals for me to hit? Now, I don’t have to get very specific with this, but I just have to look at my business and go, is my most important thing from last year different? For me this year it’s not any different.

The most important aspect of my business is the speaking, because the speaking is a 70% of all of the new clients I get for my consulting or coaching business, and it is a huge part of my business overall, so it is still the most important thing. So you need to make the decision, what is the most important aspect of your business? Not three things, what is the one thing?

I love that I have Jay Pappas on the show a long time ago, and I’ve had many people talk about the importance of that one thing, finding out that one thing will really help you. Now, when you have the one thing, then I’m gonna ask you to go into phase three, and that is looking at your systems. Which systems are actually feeding into that one thing? Or do you have them optimized, do you have everything that you need? If you had the chance to double your revenue in the next year, would you be ready for it?

For me, I would be, I would totally be ready for a new, so I can go out there and confidently build my business, get more clients, get more speaking, do all that stuff. I can double my business without a shadow of a doubt. I could probably triple my business, or maybe even more, and that is exciting to me because I know that I can focus on the right things. But you have to look at the systems inside the business. Now, phase four is about the goals, where I get very specific about what I want and when I want them by. Now, I do this for the year first, and then I break it down into the quarter, and then I break it down into the month, and then I break it down into two-week increments.

I had Todd Herman on my show, and some of this work comes from his program 90 Day Year, but I really believe that if you had the foresight to know what you needed to do over a year, you could easily get to the first 90 days, and then from there you could go to the month, and then you build a two-week game plan so that you can move forward with complete commitment to who you are and where you’re going.

You can shut everything else out that doesn’t matter, and you just stay really focused on those things, committed to that. So if you’re committed to the new year you must be committed to yourself, and about you becoming the person to receive those goals. And so part of that process is about what do you need to let go of from last year to move into this new year?

For me, I need to let go of the marketing that I put so much time and effort into, and I actually think these videos are a part of my marketing. I’ve been streamlining this, I’ve been trying to create systems around it. I’ve been working with my team, so I have people that help me edit the videos, and help me get them out into the marketplace, help me put social media together, all of this stuff is helped through my team, and I want to make them better for you, but I also want to make them take less of my time so that I can focus on what’s most important in the business, which is the sales side of getting the speaking gigs and bringing on clients.

Now, I do care about serving the clients, I do care about delivering amazing speeches, but I know that for me to grow the business the way I want to and to be able to hire more people and to be able to make the impact I want in the world, I have to speak more.

So I get really clear about that, and everything gets aligned around that. Even my team is aware of what’s most important to me and to the growth of the business. And when all that alignment takes place you can do a lot more things with leadership and casting the vision you need to cast. So that’s my take, my question is, if you’re committed to the new year, are you committed to the new you? So, as always lead with courage, and I’ll see you next time.

Disclaimer: This transcript was created using YouTube’s translator tool and that may mean that some of the words, grammar, and typos come from a misinterpretation of the video.

Resources 

A QUICK FAVOR

And lastly, please leave a rating and review for the Leaders in the Trenches on iTunes (or Stitcher) – it will help us in many ways, but it also inspires us to keep doing what we are doing here. Thank you in advance!

If you want more from us check out more interviews:

Transformational Leadership

Productivity Tips

Best Selling Author Interviews