It is that time of year when businesses across the globe put extra emphasis on planning for small business success in the New Year. If you have been following our New Year’s countdown on Facebook then you are sure to have an arsenal of insightful and fresh ideas to help you plan to be your very best — personally and professionally — this year.
Here is a recap of 20 of our favorite business New Years resolutions from CEO’s across industries and the world. How will you plan for small business success?
1. Syed Balkhi, Founder, WPBeginner
“I resolve to shift from a service-based business model to more of a product-based business model. Up until now, we have developed amazing products for enterprise clients, now it is time to create products for a larger audience.”
2. Jamie Ratner, CEO, CertifiKid
“I resolve to really show how the daily deal business models can be successful despite the recent negative press related to the giants in the industry (i.e. Living Social and Groupon). After almost 3 years of hard work, yearly doubled revenue growth, this is the year I am hoping to spotlight the success I have had for so many small businesses through my controlled, targeted daily deal site that is geared to families in the Mid Atlantic area. The daily deal business can not only be a successful business but can also increase the success for many small businesses if done properly.”
“I resolve to continue to grow my networks, especially with other fellow female entrepreneurs. As a young female entrepreneur, I’ve learned the value of networking and working with mentors. The best way to learn is from those who have done it before so I will use that information to develop a brand and grow my company.”
4. Nellie Akalp, CEO, Corpnet.com
“I resolve to really deliver happiness in everything I do with my business, my family and my life in general. I pursue my [business goals] daily, but want to be sure I balance that with my personal life and spend enough time focusing on both — not just one or the other.”
5. Christian Birk, Co-founder, Endomondo
“I resolve to stay focused and not be tempted by exciting ideas that are borderline or out of our focus area. As a small business it is very hard to say no to partnerships with large companies, but we only have a limited number of resources, hence [we have] to be very careful about what we put on our plate.”
6. Sean Snyder, Founder, Trend Trunk
“I resolve to focus on engagement, along with building better and stronger relationships whether it be with new and existing customers, staff, partners, or even via social media. With technology progressing, it appears many forget about how meaningful a ‘relationship’ can be, so our goal will be to get out and meet more people face to face where possible and focus on building those long-term, sustainable relationships.”
7. Kristen Elmer, Designer and Proprietor, Silk and Cyanide
“I resolve to substantially grow our e-commerce store and no longer offer wholesale to smaller women’s boutiques. This will substantially increase our margin and allow us to focus directly on our customer. Our design window will shrink and enable us to design, produce and sell closer to actual selling seasons, given current wholesale market [lead times] are roughly 6 months prior to the first seasonal delivery. Not only will we make customers happy, but decrease our inventory exposure.”
“I resolve to book a lot of public speaking engagements. Public speaking is one of the best ways to spread [your] message, especially to a niche market. As a public speaker, I [will] get to share knowledge, establish credibility, and engage with people in a way that is informative, fun, and good for my business.”
9. Betsy Johnson, Founder and President, SwimZip
“I resolve to learn SEO! I am going to get SwimZip in the top 5 on Google searches for ‘Kids Rash Guards‘ and ‘Kids Swim Shirts.’ If anyone has any tips or pointers on SEO, I’d love to hear them! Entrepreneurs need to lean on each other and I need help! Search Engine Optimization for Dummies here I come!”
10. Georgette Blau, President, On Location Tours
“I resolve to not be fearful about pursuing new ideas that will grow my business. In the past, I was sometimes fearful of the unknown, or anxious that I would “mess up” or not know how to go about things, but you always find out on the way! Business is a learning process.”
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