January 2, 2018 By Jen Mathews

What You Can Learn from 5 Top Entrepreneurs on Setting New Years Resolutions

January 2, 2018

By Jen Mathews

Read More from Jen Mathews

January 2, 2018

What You Can Learn from 5 Top Entrepreneurs on Setting New Years Resolutions

By Jen Mathews
Senior Public Relations Manager

For centuries, the start of a new year has represented an opportunity to reflect and make plans for the future. Today, this type of planning is done in the form of New Year’s resolutions, often with disappointing results. After several consecutive years of seeing those resolutions fall through, those who are achievement-oriented may decide new year goal setting is destined to fail.

But you can have success with your New Year’s resolutions if you take the right approach. One way to learn what works is to pay close attention to what the world’s top leaders are doing. Whether you’re trying to grow your business or improve your work-life balance in 2018, here’s some inspiration in the form of past New Year’s resolutions from some of the most respected entrepreneurs in the world.

Meet Your Customers

For 2017, Mark Zuckerberg resolved to travel across the country, meeting customers in each state. He made good on that resolution, spending time at churches, farms, and personal homes, having visited half the country by the end of May. By interacting with customers in person, Zuckerberg was able to see for himself the people using his products. In an era when it is easy to rely on bar charts and spreadsheets for customer feedback, this face-to-face interaction can be an effective way to remind entrepreneurs of the larger impact of the work they do each day.

Spend Time with Friends

good work-life balance can reduce stress, boosting an entrepreneur’s productivity and overall well-being. For 2017, respected businesswoman Barbara Corcoran vowed to make a list of all of her favorite people that she doesn’t see often enough. Her goal was to invite those on the list over for dinner throughout the year. By setting aside one evening a month, Corcoran was able to spend time with friends without disrupting her schedule. This shows how resolutions that require a small time commitment can still have a big effect on our happiness.

Gain Confidence

On the way up, entrepreneurs can struggle with self-esteem. That confidence boost must come from within, since the early days of building a business can be filled with rejection. Birchbox CEO Katia Beauchamp set a goal to work on strengthening her own confidence in 2017, realizing that a heavy dose of inner courage would be necessary to take her business to the next level. Beauchamp said in order to boost that confidence, she celebrated her accomplishments. Instead of putting an emphasis on achieving elusive perfection, she worked on owning her strengths, as well as areas she needed to improve.

Spend Time with Family

Along with the rest of his team, Betterment’s CEO, Jon Stein, shared his resolution for 2017. He planned to spend more time exploring with his young children. Many professionals use the beginning of the new year to reflect on how much time they’ve dedicated to family in the preceding months. In addition to enjoying time with his children, Stein finds this goal also gives him the chance to see the world through their eyes. These weekends of adventure can be helpful for fueling the creativity entrepreneurs often need to move their businesses forward.

Enjoy Yourself

In the rush to get things done, entrepreneurs can easily forget to take time for the simple pleasures in life. For 2015, Huffington Post’s Arianna Huffington had an interesting take on tackling that problem. She wanted to restore the same sense of wonder she enjoyed as a child. Whether it’s reading a good book or sneaking off to the movies in the middle of the week, entrepreneurs should try to find time for the simple pleasures in 2018.

New Year’s resolutions can be a very personal thing, and to be most effective, they should be specific and reachable. Although you should have goals for your business, don’t forget to work in resolutions for your own personal development. Even something unrelated to work could be just what it takes to refresh you and make 2018 your best year ever on all fronts.