Happy New Year
Yes another business acronym! But let's keep this simple. There are several strategy tools such as SWOT's and Pestel's.
But why not consider New Year to kick off your year?.
So consider -
Numbers - Costs, funding, grants, etc. Make sure you get a handle on this and get help if needed.
Environment - Your business impact. Don't claim things you cannot substantiate and note consumers and clients are making more considered purchases.
Work - It is going to take a huge amount of effort - have you set up organisational tools to help you juggle multiple balls? Set up support structures?
Yardstick - How are you going to measure progress? Are there KPIs you can set for yourself to keep you motivated and ready to pivot as you grow and learn?
Economic - Who is your target market, pricing strategy, etc?
Accountability - Take responsibility for your decisions. Do not fall into the victim trap. It might get likes, but it will turn off customers and investors.
Research - You have to research and learn for all of the above to work.
The last point is the foundation here. You can have all the ideas and energy in the world, but running around like a headless chicken is not productive. So if you have to priorities these go with 'R' first. Then N.
