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Goal mapping for Business Owners

Posted By Indigo Smith, Director and Financial Adviser, 07 November 2024

Goal Mapping in Business

Being able to set a business plan is great. Being able to map out personal goals is also great! How about we combine the two? 


As someone who is self-employed as an independent financial adviser, running my own property business, and Mum to two girls,  the line between business and personal is so frequently blurred. 


Let’s be honest, especially in those first few years, the finances are a heavy weight and a focus. This can take away the passion in what we’re doing. So let’s set those financial foundations so we can focus on the passion points of our day to day, week to week, month to month, etc. 


My name is Indigo Smith. I’m an independent financial adviser. I’ve been in the industry for 15 years so far, working at big corporates, start ups and mutuals. Goal mapping in a structured way came to me about 10 years ago. I had a goal of buying so many investment purchases by the time I turned 40. I’ve still got a little ways to go on that achievement, but the goal mapping session that really holds so firmly in my mind is the one I attended with my daughter. She was 7 years old at the time. I’d always planned that when she was old enough, we’d start going on more cultural holidays. Don’t get me wrong, I’ve loved our trips to West Wales; the gorgeous beaches, food, zoos and friendly people, but I’ve always wanted to explore the world.

Life is a tightrope balancing act of being sensible and planning effectively for the future, and living for the now.

In that goal mapping session, hearing my daughter say that SHE wanted to be an explorer, and try new foods and experiences too... Well, that blew my mind. Our next trips were to Paris and Rome, where we explored the history, the culture, the food. Pizza is still her favourite food, and funnily enough, a pizza restaurant in Paris where they gave us pens to draw on their walls was a trip highlight. We attempted to draw a Welsh dragon. It looked more like a wheelie bin so apologies Pink Flamingo, Paris, for making our mark in such a hilariously bad way! 

Structuring our goals as a team, a partnership, really aligned our thinking, and we were able to stick to and reaffirm our measurables on a regular basis. 
So, let’s do a little exercise.

First of all, on an otherwise blank sheet of paper, please write:

This is Real Life.

Fill this page with writings or drawings of what your day to day looks like right now. What time are you waking up? What are you doing to fill your cup? Is there any self-care in there? What joys and challenges are you facing? Just keep going until the page is full. 

Next, we’re going to flip things around. The next page title is:
 

This Really is Real Life.

Fill this page with what your perfect day will look like, a year from now, having done the work you want to do to upgrade your life. What’s your routine? What joys and self-care opportunities do you have? Who are your strongest relationships with? Think positively about what this day looks like.
 

Goal Setting 


When we’re setting goals, it’s important to be specific. For example, it would be better to say, I currently manage a 5k in 40 minutes, and my goal is to get that down to 30 minutes, so that I can join other running clubs and build my network of like-minded individuals further, rather than I want to run faster. 
While it’s key to not neglect your nutrition and health, it’s better to be able to achieve your goals, by setting and working on one at a time. The best time frame also is twelve weeks, or three months. This is to do with your lateral prefrontal cortex and comprehension of time. If your goal is a BIG one and genuinely can’t be achieved within twelve weeks, then break it down into small chunks.

Goal Pursuit


When we’re pursuing our goals, it’s important to have set measurables. So, for example, if I want to run a 5k in thirty minutes, and I’m planning to work through this goal over the next twelve weeks, then I would set myself three exercises per week, which contribute to my leg strength and stamina. I would also want to track my progress weekly, and ideally be at a 5k in thirty-five minutes after the first six weeks, so halfway through my timetable. By having those measurables in place, I can easily dip back into the plan if I’m off track with a holiday or illness for example. 

The middle problem is also a natural block in goal achievement. This is where we lose momentum towards the middle of the block of time. Be that the middle of the week, the middle of the hour, or the middle of the goal pursuit timeframe (eg twelve weeks). What we should try to do, to move through this, is chunk it up. Chunking the problem into small pieces. So instead of an hour, consider three lots of twenty minutes. What are you going to do in the first twenty minutes? Then take a short break, look out the window, or towards the horizon, and then refocus for the second twenty minutes, and another break and onto the final twenty minutes. 

Financial Foundationals


As a financial adviser, it’s really important to consider my client’s short, medium and long term goals, no matter what stage of the life cycle I’m joining them at. Business owners have lots of things they need to consider to set themselves up well for the day to day, and all the way into the future of retirement. 

A lot of this will depend on your company structure. My first port of call would be making sure you’re free of bad debt (credit cards, personal loans, etc) and have an emergency fund of 3-6 months income in an easy access Cash ISA. Protection policies covering your income and your mortgage are also key. 

Let’s also get set up for retirement with a General Investment Account, a Stocks and Shares ISA and a Pension. Make sure you’re paid up with your Class 2 and Class 4 National Insurance contributions also as a state pension is still a useful part of a retirement plan. 

There’s a whole smorgasbord of financial products in between, which vary greatly depending on your circumstances, needs, aspirations, financial risk appetite and capacity for financial loss. As an independent financial adviser, I’d get to know you so that you leave our meetings feeling connected to and informed about the process for setting up the tailored financial plan I advise on. 

My next goal mapping workshops are taking place in Cardiff from January onwards. Please keep an eye on my socials for more information on the next workshop, as well as hints, tips and encouragement on your goal setting and pursuit.

Please note, the value of pensions and investments and the income they produce can go down as well as up and you may not get back the full amount that you originally invested.
 
This blog is for information only and does not constitute advice.

Arcus Wealth is a trading name of Corbel Partners Limited which is authorised and regulated by the Financial Conduct Authority. 

Registered in England and Wales. Registered offices address is 750 Mandarin Court, Warrington, WA1 1GG. Registered Number: 05280582.

For more information on the neuroscience of goal setting and pursuit, please listen to Andrew Huberman on the Huberman Lab podcast – Goals Toolkit: How to Set & Achieve Your Goals.
 

 

Written by Indigo Smith, signed off by Corbel compliance team. References included in article.

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Tags:  finance  financial  goals  planning 

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Are Awareness Days Just Hype?

Posted By Karen Livingstone, Marketing Consultant, 07 November 2023

Unpacking Their Value for your Small Business Social Media Planning


In the ever-evolving landscape of digital marketing, we are all constantly seeking creative ways to engage with our audience and boost our brand visibility. One strategy that has gained popularity in recent years is using awareness days, also known as national or international observances or holidays as part of social media content planning. But are these awareness days just hype, or do they offer genuine value to small businesses? Let’s take a deeper look into this topic to understand their potential impact on your social media strategy.

The Power of Awareness Days


Awareness days are designated occasions that draw attention to specific causes, issues, or themes. They vary from the well-known International Women’s Day and Earth Day to more niche observances like National Coffee Day or National Pizza Day. These days offer several benefits for small businesses:

1. Content Relevance: Awareness days provide a timely opportunity to create content that resonates with your audience. Aligning your social media posts with relevant days can make your brand more relatable and engaging.
2. Trend Relevance: Joining the conversation on trending topics can help your content gain more traction. By participating in awareness days, you can tap into existing online discussions and reach a broader audience.
3. Showcasing Values: Many awareness days revolve around social or environmental causes. Participating in such observances can showcase your business’s values and commitment to making a positive impact.

The Potential Downsides


While awareness days offer several advantages, it’s crucial to consider the potential downsides before diving in headfirst:

1. Oversaturation: Some days have become so popular that they risk oversaturation. Your content might get lost in a sea of similar posts unless you find a unique angle to stand out.
2. Relevance: Not all awareness days will align with your business. Posting on unrelated days can come across as disingenuous or opportunistic. It’s vital to select the ones that resonate with your brand and target audience.
3. Planning Challenges: Keeping up with awareness days can be time-consuming. Small business owners often have limited resources, so planning and creating content for numerous days can be overwhelming.


Maximising the Value of Awareness Days


Here are some tips to ensure you don’t fall into the hype trap:

1. Content Strategy: Prioritise the days that align with your brand’s values and resonate with your audience. Develop a content strategy that outlines how each awareness day fits into your overall social media plan.
2. Creativity: Instead of simply acknowledging the day, find creative ways to participate. Share unique stories, create engaging visuals, and provide valuable insights related to the observance.
3. Consistency: Don’t limit your engagement to awareness days alone. Maintain a consistent social media presence throughout the month. Awareness days should complement your regular content, not overshadow it.
4. Measure Impact: Use analytics tools to track the performance of your awareness day posts. This data can help you assess the actual impact of these observances on your brand’s online presence.
5. Quality Over Quantity: Focus on a select few awareness days that genuinely matter to your audience. It’s better to create high-quality, meaningful content for a few of the days than to participate in many with shallow posts.

So, in my opinion, awareness days are not just hype. They can be valuable tools for a small business owner looking to enhance their social media strategy. However, the key lies in strategic planning and thoughtful execution. By aligning your content with the right days and consistently delivering meaningful messages, you can use these days to boost your brand’s visibility, connect with your audience, and showcase your business’s commitment to important causes. Remember, it’s not about the quantity of awareness days you participate in; it’s about the quality of your engagement.

If you need help with planning out your monthly content, why not consider booking a Social Media Content Planning Session with me over Zoom?  Email me at karen@littleacornmarketing.co.uk for more information.

 

*image credit canva Nov 2023

Tags:  content  Planning  social media 

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Planning Your Content

Posted By Cate Caruth, Founder and Director, 03 July 2023

One of the master keys to feeling on top of your content is by planning ahead. This will not only help you produce content, but also maintain an audience who are more likely to follow your work. Here are my top tips for planning.

Think about the audience and the value you can bring to each.

Before you get into what you want to say, get to know who you’re writing for. Think about the different audiences that might be attracted to your work, and consider what each of them are looking for.

For instance if you’re a chef, sharing recipes online, your audience will include other professional chefs as well as enthusiastic amateurs looking for a fun cooking experience. It’s important to tailor your content for both groups by focusing on what each person is looking for.

Ask people about what they’d like to see you talk about.

Never be afraid to ask potential audiences what they’d be interested in seeing. Even if it’s just talking to your friend and asking them “if you were reading my blog, what would you like to see?”.

Think about the comments that you receive on your posts on social media. What are the common questions that people ask? If there is something that people are clearly interested in, think about how you could turn that into content.

Listening to your target audience is the best way to know what you should write about next.

Set themes to simplify the planning

The Creative Words blogs have been separated into series, all revolving around a different topic. You can do the same.

Decide on a theme and then produce a range of content, so your live-streams, videos, blogs and social media posts all cover the same messages. Once you have a theme, separate that into four or five key ideas to cover- each one representing a week of content.

This is a great way to make planning easier for you so you’re not scrabbling for ideas to write about, as well as keeping your audience engaged.

Outline everything in advance.

As I mentioned in my blog Think Pyramid the best way to write is to structure all your ideas around a key idea. You can do this with any type of content you produce.

Once you’ve got your topic for the series, grab all the ideas you can and link them to four or five main ideas. This makes writing easier and ensures you don’t get stuck at the last minute. Having an outline also means you won’t keep saying the same things over and over again.

Be realistic

Don’t overstretch yourself by setting an expectation for an unsustainable amount of content. Try do a few content types really well and stick to these until you’ve mastered them. Then add another one or two which add depth to what you are saying.

Don’t forget to set aside time to produce and refine the ‘static’ content such as fliers, logos and banners that don’t change too often but which need to be kept up to date.

In my previous series I covered a lot of tips for planning out individual pieces of content. Remember that these tips don’t just relate to writing, you can use them for other types of content too. Try planning out a content series of your own, think about your topic, key ideas and types of content you’d want to produce.

Tags:  content  creativewords  Planning  tips  tools 

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The three great myths of Content

Posted By Cate Caruth, Founder and Director, 23 November 2022

‘Content’ is such a buzzword these days – it is a concept surrounded by myths and anecdotes. There isn’t a small business owner who hasn’t been told “you need good content.”

Yet, when you dig a bit deeper you find that ‘you need good content’ creates a lot of confusion and anxiety and, as a result, no one really understands why they need good content or, even, what is really meant by ‘content.’

So over the next few blogs, let me unpick that for you. Let me show you how to Make Content Work For You.  And let’s start with the absolute basics.

What is Content?

Google the word content and you get a range of definitions (depending on how you pronounce it). The two that are closest for our purposes are:

  • the material dealt with in a speech, literary work, etc. as distinct from its form or style.
  • information made available by a website or other electronic medium.

Frankly, I’m not mad keen on either of these. They don’t really help you work out what you need to do, so I’ve found a better one. Content is:

anything which adds value to an audience

Okay, we’ve got a definition – and we’ll be coming back to that in a moment to make it more meaningful for you, but let’s pause for a moment and consider another really important question

Why does content matter?

There are broadly four reasons that content can help you if you are in business or running a charity or wanting to make a statement for any other reason:

  • Visibility: by producing a regular supply of content, you are showing up to show that you have something to say in your market
  • Attracting new customers: people may not know that your product exists so you have an opportunity to explain hat you do and how you do it in a way that appeals to them
  • Differentiation: This is really important in markets which are over-crowded. Why should someone chooses you over all the rest? Answer: Because of the value you offer – and content is explaining that.
  • Search Engine Optimisation (SEO), if someone searches online, the more new content you have the higher up the list you appear

So, we have what and we have why. Now let me debunk the three biggest myths about content so you can start to think about how content can work for you.

Myth 1: My content has to appeal to everyone.

Your audience is unique to you, so tailor your content to that audience. Don’t try to make it universal . By doing that you risk alienating the very audience you sought to cultivate. For example, if you’re writing a computer guide aimed at IT experts but waste time on basics, you risk the expert audience getting bored and switching off even though they should be your primary concern. They want to the nitty-gritty technical stuff. And yes, your average home IT user will be baffled – but that doesn’t matter.

What does matter is knowing who your audience is. And it won’t just be your customers.

Let’s take another example. Let’s say you make printed football shirts for youth teams. In this case the audience is diverse. We have:

  • Customer- The team manager who is buying shirts for his team
  • Prospect- The manager of a team which needs new shirts.
  • Supplier- Who has provide shirts in all colours and sizes
  • Community- The people of town in which the team plays
  • End user- The children who wear the shirts
  • ‘Connected users’- The parents who have to wash the shirts
  • Staff- Your team who take orders, make and pack the shirts
  • Regulators- The Football Association who have rules about football strip

Your situation will have just as many potential audiences and many more. So think it through and identify them.

Myth 2: Value is about money

If content is anything that adds value to your audience you could be forgiven for thinking that’s all about financial value. In this context, however, value is anything which your audience might find useful. Let’s take the previous example of football shirt printing and think what value you can add to your audience.

  • Entertain- Feature videos of football being played, football memes, the latest scores, etc.
  • Give ideas for other users- Maybe some users don’t play football, but the shirts look good off the pitch too.
  • Inform- Show the ‘connected users’ how to wash the shirts so the colours don’t run
  • Educate- Demonstrate what the manufacturing process for the shirts is
  • Support- Post images of the local teams to help them find sponsorship
  • Align – Show what your values are as a business so others with similar values feel a connection

It is always worth working out what are the different values you can bring for your own specific audiences. Knowing what they want will really pay off.

Myth 3: Content is written

Content is anything which adds value to the audience.

It can, of course, be written in blogs, social media posts or articles, but it can also be:

  • Audio– Podcasts, radio, songs
  • Video– Facebook Live videos, Youtube clips, DVDs
  • Visual – Photos, infographics, memes
  • Personal – You in person at a networking event, training course or presentation

It can be Anything…. REALLY Anything

Going for a cup of coffee and a chat is content!!!

What you should be getting from this is that your skills are the basis of the content.

If you own a restaurant, your recipes and techniques are the content.

If you install kitchens, advice on adjusting doors is content.

If you’re a Content Alchemist, advice on developing content is content.

Now that we’ve gone through these myths, I hope you feel more confident to go out and produce your own content. You might even have gained some new ideas for your next content project. If you have, post them below – I’d love to hear them.

 

Want more help with your content. Visit my blog for more hints and tips. 

Tags:  content  creativewords  Planning  techniques 

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