3 Ways to Increase Productivity and Profit in the New Year

We are less than a week away from a new year and now is the perfect time to start planning for a fresh start for your business if you haven’t already. Every new years people like to come up with resolutions they usually only last for a week or two… if that long! Business owners usually tend to make their own resolutions and since they are business/financial based, there is a good chance these will last a few months or even through out the remainder of the year.

The best way to keep your resolution alive is to stay motivated and to put your goals somewhere that you will see them every day. I personally like to use motivational posters and write my daily tasks down on a note pad next time.

Three Ways to Increase Productivity and Profit in the New Year

Here are three areas that I have been working on before the new year starts. These are simple and quick, but can make a big difference for your productivity and profits over the next 12 months. Before jumping into the list… I must say that I am guilty of all three of these areas that need to be cleaned up, so writing about them will keep me even more motivated and ready to get them all done!

Review Your Monthly Costs and Expenses

Running a business is tough and it’s very easy for you to lose track of how much money is going in and out on a monthly basis. Between mailing lists, advertising, phone bills, internet access, web hosting and everything else… there is a lot to manage. Most of these costs are billed on a monthly basis, so if you are paying for unnecessary services or paying too much, it can really add up over the course of the year. Take the time to look at your monthly and year end statements on your credit cards and see how much money is going where… eliminate unneeded services and you are instantly increasing your monthly profits!

Clean Up Your Horrid Inbox

My inbox is always a mess… it just fills up so quickly! Using Gmail and filters helps, but it’s still a burden to try and keep up with it. A great way to get a better handle on your mailing list to take some time each day and UNSUBSCRIBE from all of those annoying email lists you have signed up to. It’s way too easy to click the DELETE button… but when you do this, you are just going to have to delete them whenever they come right into your inbox again! Think about how much time is wasted by looking at new junk mail that pops into your inbox.

Get Rid of Your Wasted Efforts

The last resolution to improve your business profits and productivity is for you to start focusing on what matters most. I have hundreds of domains, lots of web sites sitting around and around a dozen or so that really matter. The other 95% of my sites are old projects that are sitting around and doing nothing. I am cleaning up shop, shutting down sites and selling what makes sense. These other sites are just a waste of my time when I can make more money and get more done focusing on the projects that really matter. Do the same and make sure you aren’t spreading yourself too thing.

The 4th quarter is over and now the excitement of a new year is upon us. Do what you can now to prepare for your best business year yet!