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Goals for May 2019
~ SWOT Analysis Edition ~
~ SWOT Analysis Edition ~
As always, we recommend you review your April 2019 Goals and make sure you stayed locked on target. If you didn't, why? Did you create bad goals or did something more important rear its ugly head? Hopefully it wasn't because you saw a shiny nickel you decided to chase after.
This month I wanted to mention a concept that most of you have probably heard of, but the younger builders may not have encountered yet. It's called a SWOT Analysis, where SWOT stands for Strengths / Weaknesses / Opportunities / Threats.
It can be used in many ways. The image above is using it to prompt you to take a bird's eye view of your own company or project. But it can be used for anything. You can analyze your next marketing campaign, your possibility of success in starting a diet, whether or not you should buy a house, etc.
I'm not saying you need to use this analysis and post it in the thread, though I'm sure we'd all enjoy that and helping you think through it. But it's definitely a concept that is extremely useful in business and life you should know about. The classic way of viewing it is in a grid like below:
This lets you have columns and rows that are self-explanatory in the image above.
Anyways! What do you have going on this month?