New: 30-Day Business Owner Challenge
Big Deal Small Business, Issue #111
Welcome to 2025. It’s a new year, and more importantly, rates are lower than when we started 2024 — as SBA borrowers, we couldn’t ask for much more (except for more rate cuts!).
Many folks enter the new year with resolutions to stop drinking soda, to start using the Peloton as more than a drying rack, or to delete the DoorDash app.
But for my fellow business owners, hard pivots like those aren’t very effective (nor are they that effective for individuals either…). Instead, we have to keep grinding out 1% improvements, day after day.
So instead of making some grand resolutions for the business, let’s focus on getting the flywheel turning again. After the holiday break, it may have screeched to a halt. Overcoming the friction to get a flywheel back in motion is the hardest part — so, let’s do it together.
Here’s the vision:
For the next 30 days (excluding weekends/holidays), I will post one action you can take on your business in the 30-Day Business Owner Challenge section of this newsletter.
These will be easy, quick little initiatives you can implement. They should take anywhere from 5 to 60 minutes, depending on how much of a perfectionist you are.
You do it, and fill out the attached Google Form telling me you did it — that’s the accountability step. And just like that, you pushed on the flywheel a little bit.
The next day, you’ll get a new action post, along with a short summary of how others completed their action (assuming anyone actually does it…).
That’s it.
I’m not going to spam all of you readers with 30 emails in a row — I created this as a new, free section of my newsletter and you are NOT automatically subscribed to it.
So if you want to get these 30-Day Business Owner Challenge posts, you have to log into Substack and specifically subscribe to that section of my overall page. You can find it at this link, or it’s on the navigation bar of my main page.
It’s hopefully straightforward to get connected to that, but if you’re confused, please consult this Support article.
And if you still can’t figure it out, just set a reminder on your To Do list or calendar system to check the 30-Day Business Owner Challenge at 11am PT / 2pm ET each day — I will have it posted by then.
Get yourself signed up now — first post will go live on Monday, 1/13/25.
Looking forward to it!
Thanks,
Guesswork Investing