When we write our articles about how we help companies and clients, we consistently talk about the importance of Key Performance Indicators (KPIs). Gross Margin, return on investment, inventory turnover — all financial terms that when monitored together show an accurate assessment of the business.
But what are your PERSONAL KPIs? Do they even exist? What is the meaning of life? If a tree falls in the forest… Sorry, I got carried away.
But seriously — if we, as small business owners, don’t take care of ourselves, the business suffers along with us. So, like the health of our business, we should ensure that our personal health is maintained at an equally high level.
Invest in Professional Development
Continuous learning is vital for staying ahead in a competitive market. Whether it’s attending industry conferences, enrolling in online courses, or joining a networking group, make a resolution to invest in your personal and professional growth. Similarly, encourage your team to pursue training opportunities that will benefit both them and your business. We need to continuously challenge ourselves and strengthen our position as market leaders and forces to be reckoned with.
Prioritize Work-Life Balance
Small business owners often wear many hats, which can lead to burnout. In 2025, resolve to set boundaries that help you maintain a healthy work-life balance. Delegate tasks, automate repetitive processes, and carve out time for rest and self-care. A well-rested mind is more creative and productive, benefiting both you and your business. In addition, as we have mentioned in prior posts, when you show that you can walk away from the business and show that operations are still humming, prospective buyers will find your company more valuable and be more receptive to paying higher than market prices.
Monitor Progress Regularly
Resolving to take better care of yourself is only effective if you follow through. Establish a solid baseline by visiting a doctor to document your vital signs (weight, blood pressure, body fat%, etc.) Leverage the current technology trends so that you can get the most current and real-time progress on your health. Monitor all of the food that you put in your mouth — there are numerous studies and several apps (Noom and DoFasting to name two) that help you track your food and have demonstrated success in helping users lose weight and keep it off.
By setting thoughtful resolutions and prioritizing self-development and health optimization, small business owners can build a foundation for sustained success in 2025. Focusing on personal growth, mental well-being, and physical health not only enhances individual productivity but also positively impacts the overall business. Commit to staying adaptable, mindful, and proactive as you strive for both personal and professional fulfillment in the year ahead.
Take-away: If you need assistance in your assessment of ‘24 and how to optimize ‘25, reach out to Brian at info@acceleratingcfo.com.