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2016 BUSINESS MANAGEMENT – 12 Principals of Success: Rule #1 FORBES

July 25, 2016 by Joe McAuliffe

 

2016 BUSINESS MANAGEMENT

12 Principals of Success:
Rule #1 FORBES

The middle of the year is always a good time to track your performance, both successes and disappointments experienced so far. It’s also a good time to map out a plan for the rest of the year. Just as a business plan is critical to success in business, so too, it’s important to have a plan for your life. The first principle of success categorizes the key areas in a person’s life. It is called a PLP, or Personal Life Plan. The key categories are included in the acronym, FORBES.  The areas in the outline for personal success are as follows:

  • Family- The categoWork Life Balancery includes your Family, Friends, and other Personal Relationships. Identify the important goals you would like to accomplish with respect to your Family, Friends, and Relationships.
  • Occupation– This category is a duplication of your Business Plan. Of course, all pertinent business goals should be included. It’s a good idea to review the goals you had set for yourself at the beginning and middle of each year and refine them as needed.
  • Recreation– This category can be the most fun. Ask yourself; “If money wasn’t an object, what would I want to do during the coming year”. Be sure to Think Big, and remember, “The Greatest Limitations Are Self-Imposed”.
  • Body/Health– As we get busy with business and other responsibilities, we tend to forget how important it is to take care of our health. Unfortunately, many people don’t address this key area until they have a problem and it’s too late. This area is most critical because each new generation lives a great deal longer than the previous generation. If you don’t take care of your body, you could suffer for years as you grow older. Include daily physical activity to protect your health in your personal life plan. You won’t regret it.
  • Education– “All successful people are life-long learners”. Your mind is not different than the rest of your body. Just as atrophy can set in if you don’t use your muscles, so too, your mind can diminish without constant practice using it. Always remember, “If you don’t use it, you lose it”.
  • Spirituality- This is your sense of inner-peace. For many people it can include things like Prayer, meditation, volunteering time, and otherwise, giving back to the community and God. For others, Spirituality is defined primarily by what provides them with peace. Either way, the soul or sense of well-being must never be forgotten.

It’s remarkable just how many of your goals and dreams come true once you’ve committed to them by writing them down. Once you’ve drafted your Personal Life Plan (PLP), you may want to suggest your spouse, significant other, children and other family members also create their own Personal Goals each year.  Don’t delay, get a head start by beginning to draft your PLP right now!

Filed Under: 12 Principles of Success, Business Management, Cup O' Joe

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Managing Partner, is one of the top business consulting professionals in Florida. He has worked with Fortune Magazine, Oracle, Network Solutions, Computer Associates, and Lawyers.com. Some of MET’s current clients include Christie’s & Illustrated Properties, Coldwell Banker, Merrill Lynch, Smith Barney and Sotheby’s.
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