This is it, 2020 is finally coming to an end and it has been a wild ride. This time last year who would have thought that 2020 would become such a train wreck. Now, rest assured, on January 1, 2021 everything’s not gonna miraculously become better. For me and my family, as well as a lot of people, 2020 was a rough year and I’m glad it’s coming to an end. 2021 is filled with great possibilities and it’s always exciting to begin something new. Now that we are in the last few days of 2020 it is a great time to do an end-of-year self-analysis.
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Year-End Analysis
Let’s bring 2020 to a close with a few ways to conduct an end of year self-analysis. I like to do an end of year self-analysis to take inventory of my life. I look at different aspects of my life to see where I became better, stayed the same, and where I’m worse off. Some of the areas that I look at are my goals, my plan, my education, and my expenses.
Self-Analysis Of Goals
Since our goals are simply what we want they are easy to analyze. Did I accomplish them or not? Doing an end of year self-analysis of your goals is crucial to set goals for next year. I break down my goals to make sure they were specific, measurable, attainable, relevant, and time-bounded. If I accomplished my goals easily, I know I need to set more challenging ones for next year. If I did not accomplish my goals, I want to find out why. Maybe I overestimated my abilities and set unattainable goals.
Analyzing The Plan
The next thing I do when conducting an end of year self-analysis is going over my plan. Accomplishing the goals I set for myself all depends on my plan. If the plan I had didn’t succeed then I need to change my plan. By analyzing my plan I don’t waste time doing things that didn’t achieve the results I expected. Achieving great results means my plan is working so I continue with the plan next year. If it ain’t broke don’t fix it.
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Learning
I always like to go over my education from the previous year. I look at the courses I purchased, books I read, and the people I listened to. Writing down what I learned, if anything, from these different educational tools, helps me to see if I’m on the right path. You can analyze what you learned about yourself, your business/career, and your relationship.
For me, education is important, and I never want to stop learning. This analysis of my education from the past year also helps me to analyze my goals. For example, if I didn’t achieve a goal in my business but I learned some new marketing tactics then I know I’m on the right track. If you are failing, don’t beat yourself up. As long as you are learning and doing you’re on the right track. Everything you’ve done in the past year is like sowing seeds that will begin to sprout soon.
Money
Finally, I conduct an end of year analysis of my expenses. I want to see where my money is going. Am I investing my money or spending my money? For my business, some of the things I look at are courses I purchased, marketing expenses, as-well-as apps, and plug-ins. I want to see whether they were worth it or not. By conducting this end-of-year analysis of my expenses I get a good indication of my return on investment. I can then determine what expenses I cut and what I continue for next year.
Bye 2020
Let’s all say goodbye to 2020 and look forward to making 2021 a better year. Decide today where you want to be this time next year. Conduct an end of year self-analysis and put together a winning plan for next year. Commit to working on your plan every day and you will be a different person by the end of 2021.
I wish everyone a HAPPY NEW YEAR!!