The end of a year and the beginning of another is a great time to reflect and plan. Dan Sullivan and Steve Krein discuss effective ways entrepreneurs can look back on what’s happened and look ahead to what they want to accomplish, sharing insights from their own experiences running successful businesses.

Highlights:

A lot of people feel uncomfortable talking about long-term planning.

You can use the new year to reflect on the progress you've made over the last 12 months and what you need to do over the next 12 months while fitting it into the context of what your long-term mission is.

You can reuse your past any way you want.

It’s much easier to think about 25 years as 100 quarters: a quarter is enough time to get stuff done, but not so long that you’ll lose your way.

No one can predict the future. It’s all just guesses and bets.

Consistency over time in your past is crucial for building your future.

For the most part, entrepreneurs starting a new business don't have any structure or process that works.

There's a quick deviation from values sometimes when you're trying to just get financial return.

The more you plan backwards from the future, the better you get at it.

Resources:

10x Is Easier Than 2x  by Dan Sullivan and Dr. Benjamin Hardy

Learn more about Steve Krein and StartUp Health

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