Today we are on Day 5 of the 26 Days of ABC Build Blocks of Success. These building blocks are doable and practical principles designed to help you walk the road of true success. These tips are so practical that you can take what you learn here and apply it immediately. Are you ready? Good! Onward with day five!
E=Evaluate
To evaluate means to “judge or determine the significance, worth, or quality of; to assess”. Evaluation is an important part of anyone’s walk in life. We should always take the time to determine where we are, what effect we have on others, if we are on target with our goals, and so many other things. Determining these things will help us to gauge where we need to go in life.
Evaluation is a good way to balance the scales and remove the weights that may be in the way of your progress.
Consider your business. What have you taken on that has proven to be ineffective or burdensome? Can you adjust it? Or does it need to be removed from the scale? What about your marketing plan? Is it bringing your desired goals to fruition? Or have things fizzled in that area? How can you revive it?
The Evaluation Formula
Time to get out your paper! Here is an evaluation formula that works if you apply it.
- E= Effort: Make every effort you can to pick apart the various areas of your life. In your evaluation make the decision to make changes where necessary and create a plan where needed.
- V = Vacate: Bottom line is that you need to remove what holds no value to you after you have evaluated your scales.
- A= Align: Align your goals with your mission, priorities, and values to be sure they are the right fit.
- L= Leverage: Take a look at how you can leverage your efforts.. For example, for marketing you might consider if you are effectively using Facebook to connect? Or maybe you need to start holding more webinars so that your market can meet you up close and personal via virtual channels
- U= Understand: Don’t walk around in business with a haphazard mindset. That is dangerous. The CEO and Publisher of Black Enterprise magazine, Earl “Butch” Graves said that he knows every facet of how the magazine runs. While that does not mean he does it all, it does mean that he understands each part works. Do you understand every part of your business model?
- A= Average: Average out your ROI (return on investment). There needs to be as close to an even exchange as possible in order for your investment to be worth the efforts being made.
- T= Talk: Talk to a coach or consultant depending on which on your need who can help you navigate through what works, what does not work, and why
- E= Expand: If it works…grow it. When you find something that works, stick with it and stretch it. In doing so you will double your ROI factor.
Evaluation does not need to be a scary task. However, it is a necessary one.
Your challenge today is to make a decision using the process I just shared with you. You have been challenged. Will you accept the assignment!
