HAVE YOU PREPARED YOUR BUSINESS PLAN FOR 2009?

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899

Everyone is busy with the holidays but your business plan needs to be formulated now.  Business doesn't just happen, it needs to be planned.  Have you got your plan in place or still thinking about it?  If you haven't started then try these 5 easy steps:

1. Steven Covey says start with the end in mind. This makes sense, pretend its December 2009:

 

a. How much income do you want to make in 2009?

b. How many transactions will that take?

c. How many more or less is that than I did in 2008?

 

2. What am I going to do different in 2009?

       a. Create new prospecting ideas 

       b. Create or improve a newsletter, paper or electronic

       c. Reserve time to make contact with your past clients

d. Increase your understanding and usage of the internet

 e. Schedule educational classes to improve your level of service or increase production level

3. Who will help me achieve my goals?

Do you need an assistant?  Do you need to outsource your work?  You are not an expert in marketing & web mastering and can't do it all.  Do you need a networking group?

 4. When am I going to complete all these tasks?

Develop a time line of specific dates to achieve your tasks.  Dates must be realistic and acheivable.

 5. Visualize achieving my plan!

        a. Set daily goals

        b. Make a goal board

        c. Say your affirmations daily

d. Wake up each morning and think about how great is to be in real estate and of the people you are going to help today. 

 

Many experts feel we spend more time planning a vacation than we do for planning our business for the coming year.  Try this year to make some time and answer these 5 questions.  You will be surprised how it will help you have clarity and activate your thinking process.  Best wishes for a prosperous 2009!

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Rainmaker
647,661
Team Honeycutt
Allen Tate - Concord, NC

Thanks for the good suggestions.  Our team had our business plans in place at the beginning of November.  We are hoping that will get us a good start to the New Year.
Kathy

Dec 05, 2008 08:53 AM #1
Rainer
31,334
Louise Henry
Pair Home Design serving Langley, Fraser Valley, Abbotsford, Chilliwack British Columbia - Chilliwack, BC
Home Stager Pair Home Design Chilliwack

Hi Dorie,

This is a great reminder, You've inspired me to get motivated to do my vision board

this weekend.  I wish you abundance of good tidyings in all aspects of your life.

Louise

Dec 05, 2008 08:55 AM #2
Rainmaker
798,169
Cindy Edwards
RE/MAX Checkmate - Johnson City, TN
CRS, GRI, PMN - Northeast Tennessee - 423-677-6677

Thank-you-this is great

Dec 05, 2008 09:17 AM #3
Rainer
52,351
delete account
Clayton, MO

Hi Dorie!! Great suggestions! I have been working on my business plan the past few days. Can't wait for 2009!! :)

Dec 05, 2008 09:23 AM #4
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Hi Dorie

Timely post with very useful insight for planning for your success in 2009

Good luck and success

Lou Ludwig

Dec 05, 2008 10:11 AM #5
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Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
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