Two Notes Tuesday: Accountability, On Building an Effective Action Plan
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Two Notes Tuesday: Accountability, On Building an Effective Action Plan

Lessons from 10 Pillars of Wealth.
Two Notes Tuesday: Accountability, On Building an Effective Action Plan
Photo by Ruthson Zimmerman / Unsplash

As an Entrepreneur, Everything is on You

If you decide to start your own business, you must be ready to accept 100% of the accountability. It’s your business so you will always need to step up and own up, no matter whose “fault” it is. You can’t assign blame to anyone else.

When you hold yourself accountable for everything, you will be able to control the direction of your business. This leads you to act proactively, and you gain unrestricted power over your own future.

Take Action to Achieve Your Goals

Many entrepreneurs fixate on developing a comprehensive business plan, but lose sight of the larger vision. The result is that they end up with an elaborate plan which doesn’t necessarily address the goals required for their business to succeed.

To control the direction of your business and goals, focus on these actions:

  1. Start with listing your main goal. For instance, to be a profitable business within a certain timeframe, and a defined plan of achieving it.
  2. Next, think of the 5 smaller actions that can help you achieve your big goal.
  3. After that, break each of your 5 actions down into smaller tasks that you can immediately start working on.

Having smaller tasks not only make them easier to achieve, but it also gives you the sense of progress upon completion of each item. Your objective is to create many smaller actions which line up into a mile comprised of inches.