In our office meeting today we talked about getting your business ready for 2009.  How many of you are going into the new year with a hope and a prayer?  How many of you have taken the time to do a complete business plan?

One of the things Keller Williams Capital Partners consults all of their real estate agents on is starting the year with a clear goal of where your going and what your business will look like when you are done. A career in real estate is a business, and those who treat it like a business will be successful.

I've decided to take you through the business plan and help you understand the need for it and the steps to take to produce your own plan for 2009.

The first section of the Millionaire Real Estate Agent business plan is to create a personal mission statement.  Your mission statement should describe

• Who you are
• What you do
• Who you do this for
• Why you do what you do

This mission statement will serve as a moral compass for your business, it will point you in the right direction for all of your decisions and when faced with a difficult one will hopefully help you choose the option that allows you to maintain the course you set out on at the beginning of the year.

So begin the process by asking yourself the following questions.  Be clear, concise, and keep it simple. 

1. Who am I?

2. What is it that I do?

3. Who is it that I intend to do it for?

4. Why do I do what I do?

Make it great and if you want to send me a copy of what you came up with I'd love to see it.  In my next post I'll be talking about the next step Keller Williams real estate agents use in creating their business plan...ORGANIZING YOUR BUSINESS!