33: Take Time To Celebrate Milestones In Your Business Whether You Are Starting A Business, You Are
33: Take Time To Celebrate Milestones In Your Business Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Small Business Owner, Virtual Online Bookkeeper, Virtual Assistant Or VA
As a business owner, you work hard day after day and put in long hours to reach your goals and milestones, but once you have finally reached your milestones, what should you do? Do you just push forward to reach yet another milestone, or do you actually take the time to pause, celebrate and reward yourself and your team if you have one for a job well done? When you are just starting your business, there are many milestones you reach and they can sometimes happen fairly quickly, but if you are so busy working toward your next milestone it is easy to miss those celebrations. I want to make sure you are celebrating your milestones in your business, and I personally have a milestone I am going to celebrate with you today, and to celebrate, I have an opportunity for you…but I’ll talk more about that a little later. I’m also going to talk about what milestones are and what you should be keeping track of so that you know exactly when you have reached a milestone, as well as how to make an impact when you are celebrating your milestones. So, whether you are just starting your small business, you’re a solopreneur, entrepreneur, small business owner, virtual online bookkeeper or virtual assistant, you’ll want to listen in to this episode and make sure you don’t let these important milestones in your life and business slip by unnoticed and without a proper celebration…
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Show Notes:
As a business owner, you work hard day after day and put in long hours to reach your goals and milestones, but once you have finally reached your milestones, what should you do? Do you just push forward to reach yet another milestone, or do you actually take the time to pause, celebrate and reward yourself and your team if you have one for a job well done? When you are just starting your business, there are many milestones you reach and they can sometimes happen fairly quickly, but if you are so busy working toward your next milestone it is easy to miss those celebrations. I want to make sure you are celebrating your milestones in your business, and I personally have a milestone I am going to celebrate with you today, and to celebrate, I have an opportunity for you…but I’ll talk more about that a little later. I’m also going to talk about what milestones are and what you should be keeping track of so that you know exactly when you have reached a milestone, as well as how to make an impact when you are celebrating your milestones. So, whether you are just starting your small business, you’re a solopreneur, entrepreneur, small business owner, virtual online bookkeeper or virtual assistant, you’ll want to listen in to this episode and make sure you don’t let these important milestones in your life and business slip by unnoticed and without a proper celebration…
Welcome Back…You are probably well aware of all the major milestones in a person’s life, right? You yourself may have or may possibly experience a few of these milestones in your own life. There is the day you are born, when you start to talk and walk, when you have your first day of school, when you get your driver’s license, when you get your first paycheck, when you graduate, when you leave home, your first love, your wedding day, having children, and retiring…whew, what is a lot of milestones, and for each and every one there is normally a celebration of some sort. Many are marked with parties or get togethers with family and loved ones. Thinking back, you probably have a lot of memories from each of these milestones. I am sure you are already thinking about the last milestone you celebrated in your life. Was it a celebration for a milestone you achieved, or maybe it was a celebration of a milestone of a family member or friend? Either way, you have captured a memory of that milestone. I want to make sure you are doing this same process with your business milestones. Your business milestones are those significant moments where you are accomplishing development and or growth in your business. You want to be able to look back some day and remember these milestones as well as how you celebrated your milestones, who you celebrated them with and what the impact was that those milestones had on your business.
I’m going to start off by taking about some of the milestones you could be accomplishing in your own business. Anniversaries are a pretty easy milestone to keep track of. Your first month in business, your first year and every year after that, leading up to your 5-year, 10 year and consecutive anniversaries. Each and every year you are in business is an important milestone to celebrate. What about when you quit your job to go all in in your business? This may happen as soon as you start your business, or you may have started your business as a side hustle, but either way, when you make the decision to quit your regular job this is a big milestone. Getting your first customer and making that first sale. This will be a milestone you will likely never forget. You may remember exactly what they purchased and the excitement of making that first deposit into your business bank account from an actual sale. This milestone is often seen when a business owner frames their very first dollar bill and hangs it in the office. You’ve seen this before, haven’t you? How about when you hire your first employee or independent contractor? This is an exciting milestone in your business as you are now generating enough business that requires additional help. And speaking about anniversaries, don’t forget about your employee’s anniversaries. These are milestones that not only are important to you and your business, but your employees will be celebrating these milestones as well. Depending on your business type, there are many different milestones you could be reaching. I want to share with you a pretty big milestone I reached in my business this week. You probably already know that the Mastering Your Small Business Finances podcast is a fairly new podcast, but thanks to many listeners, just like you, this podcast has reached and surpassed it’s 10,000 downloads milestone. This is a huge milestone for me, and the podcast and I am so grateful that I have such an amazing following of business owners and entrepreneurs who have either already started their own business, or are getting ready to start their business listening in. My goal was to take my passion for helping business owners understand their finances and everything else that makes an impact on their bottom line in their business and provide relevant and useful information in an easy to listen to format for you. I hope this podcast has helped you understand more about your finances and has had made a positive impact on your business. From the bottom of my heart, I want to express my gratitude for you taking the time to listen to this podcast – I truly appreciate you!
So, now that we know what some major milestones are in your business and we know why it is important to celebrate these milestones, I want to dig into a few ways you can celebrate your milestones. Now, you may be thinking a few of the milestones you are reaching are just small milestones that only you are excited to reach, but you might be wrong. Don’t think you are the only person who cares about your milestones. Most people who you have encountered along the path to reach your milestones will care about your milestones and you can certainly celebrate with them. Your celebrations may vary depending on the milestone, but no matter how big or small the milestone, make sure you take the time to celebrate. To celebrate your milestones, you could hold a luncheon, party, open house or even a retreat. Make sure this is a time to relax and enjoy your accomplishment. By holding a gathering, you are definitely creating cherished memories you will have going forward in your business. You could give bonuses, or if your business can’t afford hefty bonuses, you could give small but meaningful gifts or even a handwritten note showcasing the accomplishments you’ve met. Another option if you have employees would be to give them a day off or extra vacation day. Additional time off for employees means a lot. This would truly be a great way to help them get the rest and relaxation they deserve. You know they are working hard, and your employees or independent contractors will enjoy celebrating your milestones with you, especially if they have helped you to achieve these milestones. Make sure your celebrations include them and give them the recognition they deserve. You may want to invite their family to be part of the celebration as well. This will boost morale and help create loyalty in your business. Let others know about the celebrations you have with your employees; it will deepen the relationship they have with your business. Celebrate with your customers, vendors and others who have helped you to achieve your milestones. Let them know how they have made an impact on allowing you to reach your milestones. By celebrating your milestones with the people who have helped make an impact, you will not only give them the credit they deserve, but you are also providing motivation to reach the next milestone. Let people know about your milestone celebrations in your social media feeds, contact local newspapers or others in your community. This will help build additional support from members in your community. You could also send out an email to your contacts letting them know about the good news.
When you celebrate your milestones, it will allow you to reflect on your success and help you to plan your future milestones. It is also a chance for you to tell your story…just like when I mentioned the personal milestones. We all remember celebrating milestones in our personal lives. As you reach more and more milestones, you are creating stories you can tell new employees, customers, and vendors. It is an opportunity for you to raise awareness and updates the community about your progress. Celebrating your milestones and sharing your accomplishments will show your appreciation. Enjoy making memories and have fun celebrating each and every milestone.
Now, back to my announcement of reaching and surpassing my 10,000 downloads milestone on this podcast. Of course, I am going to take my own advice and celebrate this amazing milestone in my business. I am definitely taking the time to thank and let everyone know who has been involved with getting each and every episode ready how much gratitude I have for their time, knowledge, and expertise. I also want to celebrate by acknowledging and thanking you as one of the people who have helped me reach this milestone. Reaching 10,000 downloads with a fairly new podcast is a dream come true for me, and I truly appreciate the amount of time you spend listening to the Mastering Your Small Business Finances podcast. I also know when you own or are starting a business you can have lots of questions. I hope I am answering many of your questions on this podcast, but I understand every business is unique. The clients that I work with are always telling me how much they appreciate how I have helped them with creating systems, answering bookkeeping and business questions, helping them get their bookkeeping business started and providing insightful information so that they are able to make an immediate impact in their business. With that being said, I thought to celebrate this milestone, I would give you a chance to win a free one-hour consulting session to thank you for listening. If you are interested, all you need to do to be entered is to click on to the link I am providing in the show notes and where you are listening to this podcast. I will be accepting entries until June 22, 2021, at 8:00 PM Central Time. I will do a random drawing from the entries I receive, and I will email the winner to set up the consulting session. Thank you again for listening, and I hope this podcast has been as enjoyable for you as it has been for me, and I am looking forward releasing many more episodes for you in the future!
And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.
