Maximize Your New Business Development with a Clear 30-60-90 Day Plan
Introduction
As an entrepreneur, starting a new business can be overwhelming. One of the biggest challenges is the lack of a clear plan for development. However, with a well thought out 30-60-90 day plan, you can set clear objectives and milestones that will help you achieve your goals. In this article, we’ll explore how you can maximize your new business development with a clear 30-60-90 day plan that will keep you on track to success.
The Importance of a Clear 30-60-90 Day Plan
Before we dive into the specifics of creating a clear 30-60-90 day plan, it’s essential to understand the importance of having one. A clear plan will help you stay focused on your goals and objectives, allowing you to prioritize your activities while minimizing distractions that can derail your progress.
Furthermore, having a defined plan will provide you with direction and structure, preventing you from feeling lost or overwhelmed as you move forward with your business. This structure will also keep your team aligned and accountable, ensuring that everyone is on the same page when it comes to prioritizing tasks and achieving milestones.
Developing a Clear 30-60-90 Day Plan
When developing a clear 30-60-90 day plan, the first step is to identify your business goals, both short-term and long-term. Once you have these goals in mind, you can start breaking them down into smaller, more manageable objectives and milestones that will help you achieve them.
For example, if one of your long-term goals is to increase revenue by 50% in the next year, then a short-term objective might be to increase your customer base by 15% in the first 90 days. To achieve this objective, you might break it down even further into specific tasks such as launching a targeted marketing campaign or implementing a referral program.
It’s also crucial to set clear timelines for each objective and milestone. Assign tasks to team members with set deadlines and hold them accountable for timely completion. This will keep everyone on track, and the progress can be measured throughout the plan.
Examples of Successful 30-60-90 Day Plans
To give you an idea of how effective a clear 30-60-90 day plan can be in maximizing your new business development, let’s take a look at some successful examples.
One such example is Airbnb, which used a 30-60-90 day plan to accelerate its growth in its early days. In the first 30 days, the company focused on acquiring supply, which meant convincing property owners to list their properties on Airbnb. In the next 60 days, they shifted their focus to acquisition, targeting travelers and building a base of loyal users. Finally, in the last 90 days, they focused on retention, building out new features and continuing to improve user experience.
Another example is food delivery service, Grubhub. In the first 30 days, the company focused on creating consumer awareness, building relationships with restaurants, and testing their delivery system. In the next 60 days, they focused on expanding their reach, adding more restaurants to their list and expanding delivery areas. In the final 90 days, they focused on improving their technology, implementing features such as real-time tracking and online ordering.
Conclusion
In conclusion, a clear 30-60-90 day plan is a powerful tool for maximizing the development of your new business. It provides a clear structure for achieving your goals, breaks them down into manageable tasks, and provides direction and accountability. When creating your plan, remember to set clear objectives, assign tasks with specific timelines, and measure progress regularly. By doing so, you’ll be on your way to achieving your business goals and building a successful company.
