Holy moly, Friend! Can you believe it is time for a mid-year review? It’s crazy. I think I mentioned to you last week during our discussion on third-quarter planning how quickly time has flown by, and it is all good. I’m not exactly sure when you’ll read this, for me in a few days, it will be the halfway point of the year. As you cross the midpoint of the year, this is the perfect time to pause and reflect on the year thus far. What are the things you've accomplished, and what are the things you're hoping you can achieve for the rest of this year? Here are five key questions to ask yourself at Mid-Year to gauge if you are on track to reach your goals. Be sure to get your hands on the free Mid-Year Review download!
Make time for a mid-year review.
Now, this is important; please schedule time for a mid-year review. If you are not honoring your desire to go after your goals, who will?
Well, of course, besides a private coach, they always hold space for belief in your goal achievement. Just sayin’ I know my coach has the belief in me as I’m tackling my mind drama. You know, when you level up, a whole other door of limiting beliefs seems to open up for you.
A mid-year review will not magically happen if you’re not mindfully setting aside time. Why not pull out your calendar right now and block off a whole day for time to reflect and plan for the months ahead. That’s why the best way to do this is by scheduling time in your calendar.
It says this is important when you create space by blocking time on your calendar for a mid-year review.
Why a mid-review is important to you
I know what you’re thinking; why is it important to do a midyear review? Because it's essential that you know where you're going and to reflect on where you’ve been.
Mid-year is a great time to pause, look back and celebrate all the accomplishments that you've gotten done so far this year.
As well as to take a look forward for the rest of the year of the things that you'd like to still achieve.
Yay! Let's celebrate your wins!
A mid-year review is a perfect time to celebrate! Be Your Own Best Cheerleader! Toot your own horn, Friend! Read this post for more on Be Your Own Cheerleader!
Do you track all your wins?
Just saying, if you're not keeping track of your wins, you should be! Not everyone is disciplined to go after their goals. When you honor your desire for success, it's important to celebrate!
You can keep track in a success jar or write it down in a journal. I have mine in Notion in my daily journaling so that I can really pick one thing every day that I'm celebrating and grateful for.
If you need a bit of guidance on tracking your success, I’ve got you. Here is a previous post on Success Journaling to keep track of your success:
Mid-Year Review Question One
Tell me in the comment below, what are the big and small wins you are celebrating? Now, this is important; each success deserves a little happy dance; spend a little time thanking yourself for accomplishing those!
The first question to ask yourself mid-year is:
What am I celebrating in my life and as an entrepreneur?
Mid-Year Review Reflection
Now that you've cleaned up all the confetti, let’s reflect. Hmm, I’m curious. Is this you? Do you run into trouble reflecting on your life and small business? Are you an entrepreneur who keeps going and doesn't take time to step back and reflect?
Not reflecting is where entrepreneurs run into trouble; they keep going and going without stepping back to reflect. Now is the time to reflect on your small business and the personal goals you set for yourself at the beginning of the year.
How do those goals feel at mid-year?
Are you still aligned with your goals and where you’d like to go as an online entrepreneur?
As your online business grows and transforms, the goals that you’ve set at the beginning of the year may no longer feel in alignment. That’s okay. Here’s the big secret: you must be willing to let go of what is no longer aligned with your business and personal goals.
It’s important to reflect and do a mid-year reset to build up the steam for the remaining year in your online business.
Mid-Year Review Question Two
What big goals did you set at the beginning of the year? Are they still there? Are you still working at 'em?
Taking time to reflect is a critical piece to goal setting and goal accomplishment. You must spend time evaluating what you have done and if you’re on track to achieve the goals you’ve set for yourself at the beginning of 2022 or whatever year you’re reading this. (;
The second question to ask yourself at mid-year is:
Am I still on course to achieve the goals I set for myself in my life and as an entrepreneur? Why or why not?
Mid-Year Review Question Three
Numbers tell a story about what is working and not working in your online business.
The third question is more of a set of questions to ask yourself mid-year and will give you a realistic look at the first six months of your small business.
Here are questions to ask yourself mid-year as an audit of your numbers in your online small business.
Finances
- What do your finances look like for the first six months?
- Gross Revenue
- Costs
- How much have you paid yourself?
- Are you on track to hit your yearly revenue goals?
- How can you shift your offering to hit your financial goals if not?
- How is your spending?
- Are you on a budget?
- Do you have any areas where you’re overspending?
- What is your profit for the year?
Marketing
What are your marketing efforts saying to you? Begin with your website; where is your traffic coming from? Page visits? What are the blog topics or keywords that generate the most traffic?
Why do you want to know this? These would be great topics for your content calendar!
Next, check your email marketing, has your email list grown? How were the open rates? Click through rate with your call to action? Are you getting engagement from your email list?
Social Media
Finally, review your social media numbers. What is the engagement rate? Do you know what content had the best engagement? How about what content has the worst engagement? Use this information for your content calendar.
Mid-Year Review Question Four
What is your vision? You need to start with the end in mind. What is the vision for your life as an online entrepreneur? Do you know how you want your life to look three years from now?
The fourth question during your mid-year review for your online business:
Where am I going, and why?
Where do I want to be 90 days from now?
Where do I want to be by the end of this year?
Mid-Year Review Question Five
Another key piece of your mid-year review is getting honest with your thoughts, feelings, and beliefs. What thoughts keep you from achieving your vision for your life and as an online entrepreneur?
The fifth question to ask yourself at mid-year is:
Where are my thoughts getting in the way of my vision for my future?
Not sure? No problem, ask it this way instead.
If I did know where my thoughts were getting in the way of my vision for the future, what would they be?
Our thoughts and feelings create our actions and results. It’s important to be mindful of what your thoughts are regarding the success of your online business.
Mid-Year Goals
To conclude your mid-review of your online business, set new goals or create a new plan on how to achieve the goals you’ve already set! If you don’t know where you’re going, how will you know when you get there? Mid-year goal setting allows you to plan for the rest of the year!
Here are a few previous posts on goal setting for additional resources.
Little Side Note
✁ Just a Snippet
Here is a snippet of the essential mid-year review questions for online entrepreneurs.
Schedule time in your calendar for the mid-year review
- What am I celebrating in my life and as an entrepreneur?
- It’s important to reflect and do a mid-year reset to build up the steam for the remaining year in your online business.
- Conduct a mid-year audit of your financial numbers in your online small business. Are you on track to hit your revenue goals?
- Review your marketing efforts, and check the numbers for your website, email marketing, and social media.
- Where am I going, and why?
- Where do I want to be 90 days from now?
- Where do I want to be by the end of this year?
- Where are my thoughts getting in the way of my vision for my future?
- Reevaluate your current goals. If needed, set new goals and a plan to achieve them.
- Mid-year goal setting allows you to plan for the rest of the year!
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