New Year’s Resolutions for 2022

Happy New Year! I’m psyched to welcome you to 2022 and thank you for stopping by to read. There can be no party without you and together, we are going to make this a very good year. Because we’re at the top of the year, capodanno, as the Italians so eloquently say, I’ve decided to revive my New Year’s Resolutions tradition, something I haven’t done since January 2019. Considering what the entire world has been slogging through since 2020, you may appreciate some inspiration to get yourself in racing form.

Join a business group

Freelancers and other business leaders need community. It can be lonely at the top. You need a way to meet and interact with peers, whether or not they become your besties. Business organizations and professional associations provide forums where Freelancers and (small or mid-size) business owners can talk to colleagues who understand your challenges and motivations. Along the way, you’ll build personal connections and you may also find your way to business opportunities.

If you’re not sure where to start, visit the website of your local chamber of commerce; the chambers are great resources for B2B, B2C and B2G facing business owners and leaders. Another useful organization is The Freelancers Union, an online national group that is a good resource for all types of information, from professional development workshops designed for self-employed professionals to medical, dental and other types of insurance coverage. https://www.freelancersunion.org/

Analyze your website and social media data

Fully leveraging the potential of the digital presence of your company is unquestionably a must. Whether selling to B2B, B2C, or B2G clients, the winners are those who are guided by actionable data when making decisions and developing business strategies. If you haven’t done so already investigate Google Analytics, a free and powerful online tool that helps you discover the right approach to the customer journey and customer experience that your company offers, supplies e-commerce, call-to-action and landing page insights, plus more. https://analytics.withgoogle.com/?utm_source=google-growth&utm_medium=cpc&utm_campaign=2019-q4-amer-all-gafree-analytics&utm_content=analytics&gclid=EAIaIQobChMIsILp4eCW9QIVDovICh2FKAT0EAAYASAAEgJPJPD_BwE&gclsrc=aw.ds
If you can budget about $25-$50/month, invest in a social media analytics service such as Zoho Social, Hootsuite, Buffer Analyze, or HubSpot to further enhance and refine your strategies and campaigns and measure ROI.

Become a better leader

There are multiple paths that one might take to developing and enhancing leadership skills and it can begin with reading. Reading one or more leadership themed books each year will open your mind and make you rethink your usual approaches to problem-solving, decision-making, negotiation and communication, for example. I’m a regular reader of the Corner Office column that appears in the Sunday New York Times.

You may be inspired by this tale of entrepreneurship The Unfair Advantage (2020) by Ash Ali and Hasan Kubba https://www.goodreads.com/en/book/show/50714359-the-unfair-advantage

You may be shocked but intrigued by this tale of commodities trading The World for Sale: Money, Power and the Traders (2020) by Javier Blas and Jack Farchy. https://www.goodreads.com/en/book/show/52199304-the-world-for-sale

When you join a business or professional group, you’re also likely to be introduced to leadership roles in the group (on the membership committee, for example). The chambers and also Rotary Clubs can introduce you to local not- for-profit organization leaders, who can show you how you might contribute your time and talent to a philanthropic cause that resonates and further expand your network, enhance your brand and maybe add to your skill set as well.

Prioritize revenue generating activities

Decide which of your revenue-generating activities could pay off if you plan well— then follow through and execute! Depending on your business and target clients, it could be email marketing outreach to potential prospects, attending certain conferences or trade shows, sending hard copy direct mail appeals, or running FaceBook ads. Once you know what your revenue-generating strategy will be, calculate about how much time you’ll need each week or month to gain traction and meet your financial goal. Then, get to work.

Communicate with clients

Staying in contact with clients throughout the year is good business, even when you reach out to those you haven’t worked with for a few years. Through your outreach, you remind clients past and present that 1.) you’re still in business and 2.) you may be able to help them with achieve a goal or solve a problem. A few years ago, a study by the uber-consulting firm Bain & Company confirmed what decades of anecdotal evidence shows —- that it’s easier to keep an existing customer than to find a new one.

So send a copy of your newsletter, blog, case study or white paper to clients, attached to a quick and friendly email that mentions a couple of reasons why they’ll find the read worthwhile. Also update clients when you give a talk, moderate a panel, or appear on a podcast. Pick up the phone and invite your most important clients to lunch.

Delegate or outsource

Delegating, or outsourcing if you work alone or with a small team, is essential for you to be able to have time to yourself and think about how to find innovative ways to expand your business. If you want your business to thrive and grow, you need to start trusting the people on your team, or identify other talented and trustworthy Freelancers, to take over certain tasks.

Upgrade your skills

The world keeps turning, expectations evolve and what we need to know to maintain the trust and respect of current and future clients shifts with the times, along with how we package and deliver the services we offer. What expertise do you need to own to better reach or more effectively serve your clients? What do you need to know to more efficiently run your business?

Help yourself to figure things out by reading articles that address your industry and niche within it—-what new technologies are gaining traction or what are new uses of existing technologies? What are the thought leaders in your industry and niche predicting? What are your clients doing to position themselves for future demands?

With that information in hand, you’ll understand how to upgrade your skill set. Maybe you’ll finally become truly proficient in using Excel, or learn to become more comfortable giving virtual presentations.

Nurture your health

Unless you’re up against a big project deadline, structure your time to allow yourself to have a day or two off once a week. Burnout is bad for business. Allow yourself to sleep the number of hours your body needs (adults usually need 7-9 hours daily). Eat a balanced diet that contains the basic food groups. Give yourself a daily intake of water that approximately equals one-half of your body weight in ounces. Participate in moderate to vigorous exercise at least three hours each week. Maintain your social connections by staying in touch with friends and family.

Thanks for reading,

Kim

Image: © William Stephen. Thoroughbreds racing at the Saratoga Race Course in Saratoga Springs, NY