Time and Effort: How to Invest for Your Business's Success

Setting an initiative up for success takes time, as it is not something that happens automatically. The great thing about time investment is that it does pay off. Similar to compounding interest with invested money, putting in the time to ensure a project will launch smoothly will help you reach your end goal and guarantees that it continues working efficiently in the future.

Say you are interested in starting a blog for the company and your goal by the end of the year is to have three months of blogs uploaded on your site ahead of time. Perhaps you want to set up a monthly accounting process at the company that is performed accurately and on time with minimal managerial intervention. These are both possible goals to have. Although they may not be easy, all it takes is an investment of time and effort.

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Reflecting on Last Year and Setting Goals for the New Year

As the year comes to an end, it’s always a useful exercise to take some time to review the past year and all its events. Reflecting on what happened during the year, what you accomplished, and what could have been done better will bring closure to the year and will also provide the space for valuable learning. It’s also a good idea to take some time to review the past before thinking about the year ahead.

When you are ready to close the chapter of the prior year, you can move on to the future. Start with a clean slate, and create what you want in the following year. Anything goes: it’s your future. Don’t worry if the goals seem too lofty--with deliberate planning and execution, anything is possible.

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Setting Goals and What That Means for Your Growth

Setting goals is essential for growth. Without a clear roadmap, the probabilities of getting to our destination are significantly diminished. On the other hand, with planning and perseverance, goals can help us arrive at previously unimaginable points. It is the only way to get to these new places.

Goals can vary immensely depending on the person and life stage. Sometimes a goal can be as simple as accomplishing a life event, like a pregnancy, in the healthiest way possible. Other times, the goal can be completing a major project successfully, such as the implementation of a company-wide system. The goals can change significantly from year to year.

What is important is to aim high and work diligently. The goals will guide you.

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How to Build a Growing Company's Structure and Organization

Building an organizational structure is one of the hardest things I’ve worked on as an entrepreneur. It requires many hours of work and design, and the efforts must be constantly adjusted as the context and the way the company operates changes. The organizational structure is the skeleton over which all company responsibilities are built. When it is clear what team is responsible for what and how each role fits into the grand scheme of the company, work is more efficient, and the probability that an important task will get lost is greatly diminished.

How a company is organized depends on its industry, but I’ve found some overarching concepts that I’ve applied to Celaque. These ideas have held ever since I implemented them and have only become more relevant with time.

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