this post was submitted on 20 Nov 2023
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Definitely try to define your goals and align with your other stakeholders as much as possible.
Are you trying to grow as much as possible?
Are you shifting out of growth mode and trying to maximize profitability?
Are you maximizing profitability maybe to sell the business for one big payday in the next few years.
Are you trying to reduce your time required in the business to focus on other ventures by making key hires, getting good standardized processes, etc?
What do you want out of life personally?
Tough questions I know. Start journaling and make notes of things that make you happy or get you excited about the future. Likewise, make notes of things that make you miserable or indifferent today or in the future.
Good luck!