Tag Archives: goals
Write ’em Down
It’s that time of year. Time for setting budgets and goals for 2020.
Let’s start with the difference between budgets and goals. Budgets are what you think you will do for sales in 2020. Goals are what you want. There’s a huge difference between what you think and what you want!
The budgeting process is fairly easy. You did this much last year, and you plan on or think you can do this much next year. OK, there’s a little more to it than that, but in a nutshell, that is budgeting.
Goal setting should be much more in-depth on a professional AND personal level.
Setting goals is the time when you reflect on what you accomplished last year and what you want to accomplish next year. Goals are more than just your sales and money. Equally important, or even more so, goals should be about what you want and how you will grow professionally, and what you want personally for yourself and your family.
Goals are the fuel for your fire!
While statistics vary, most professionals agree that by committing your goals to paper, you increase your chances of reaching them by 42%.
Here are some things to include in your goal-setting process:
· List 5 new clients you want to have on the air by July 1st (the number of accounts/clients can vary)
· List 10 clients that you want to increase in 2020 by July 1st
· List 10 clients that you want to add/upsell, i.e. add a station, add digital, add streaming, etc.
· List 5 things you accomplished in 2019 that you are most proud of
· List 5 areas of the sales process you need to improve on in 2020, i.e. prospecting, upselling, CNAs, etc.
· List 5 things you will do to help improve yourself, i.e. read books, attend seminars, be more organized, become healthier, affirmations, etc.
· List 5 things you want to accomplish for your family in 2020, i.e. new home, car, vacation, savings account, reduce debt, motorcycle, healthier lifestyle, etc.
By consciously thinking about what you want to achieve and then writing it down, you will be on the path to achieving your goals.
Many people have been quoted as saying, “Goals not written down are just dreams”. While there is nothing wrong with dreaming, you’re much more likely to fulfill your goals than you are your dreams!
What do YOU want in 2020? Write ’em down!!
The 2nd Half
With Memorial Day behind us, the unofficial beginning of summer is here. In just 30 days (July), the 2nd half of your year begins. Are you ready? Is your team ready? Do you need to make any adjustments?
We have seen many different ways to set individual and team goals. Some do it at the beginning of the year and stick to them. Some do them every six months. Some readjust along the way. Any of these are fine and all are FAR better than not having goals at all. Without a plan and discipline, it’s pretty tough to get to where you want to be.
Here is something to think about, and again, we have seen it done both ways. Are your reps setting their own goals or is management setting them? We highly recommend the reps set their own goals. It goes along with Henry Ford’s way of thinking, “Whether you think you can or think you can’t, you’re right.” Of course, like anyone, they may need some coaching and guidance. Goals too high and unrealistic are better than goals set too low, but both are dangerous and can have negative effects.
So, as we approach the 2nd half of the year, I will use the analogy of a coach at halftime. It doesn’t really matter whether you are winning or losing at this point, either way, it’s time to make adjustments. If you’re winning, don’t rest on your laurels. Now is the time to dominate! If you’re tied or losing, pump them up, readjust, give them a game plan with the tools to go out and succeed. If you believe in them, they will believe in you!
Now, go out there and have FUN, and have a GREAT 2nd half!
If your goals are to grow in 2018 and beyond, we can help. Click here to request an online overview of how we can help train and brand your stations and your account executives as professional marketing consultants.
Happy 2018!
Allan Waters, the founder of what was once one of Canada’s most successful broadcast empires said, “Our problem is not that we aim too high and miss our targets. Our problem is that we aim too low and hit our targets.”
With all the ‘bad news’ facing broadcasters today, it’s easy to get sucked into a negative-thinking trap.
We hear about the enormous debt burdens resulting from broadcast consolidation, and radio that once was branded as ‘live and local’ is now often voice-tracked with little local content to appeal to consumers.
Advertising’s share of marketing budgets continues to shrink, as does traditional media’s share of that shrinking share. Online shopping is hurting many of our traditional retail advertisers, and broadcast radio is no longer the only audio media choice our advertisers have.
And misery appears to love company. When we see fellow broadcasters with flat or faltering sales, we tell ourselves it’s okay to aim low and hit our targets.
The list of problems we face goes on and on, but I’m still from the Allan Waters school of broadcasting…our problem is we aim too low!
It’s pretty easy to fall into a ‘woe is me’ way of thinking, but virtually every business and every media is experiencing disruption, fragmentation, low-price competition, and various other problems that could be described as a crisis.
I believe the Chinese understand how to manage and succeed during an alleged crisis. They spell crisis with these two symbols.
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The symbol on the left stands for ‘danger’, and there is danger in every crisis. But what makes the difference when they spell crisis is the symbol on the right. It stands for ‘opportunity.’
