How to Prepare for 2020 and start a business plan by Patrick Bet-David. Subscribe to for all notifications http://bit.ly/2aPEwD4
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How to prepare for 2020:
When it comes down to business planning there are three types of people; There are those who aren’t prepared. There are those who are winging it, these people have spent a couple hours with their friends putting something together. Then there are those who are prepared and can’t wait to execute on the plans they have for the following year. This video will look into how you can prepare for 2020.
First you need to look at a 2019 recap, here are the following things to look for;
- Study trends
- Good/Bad/Ugly
- 2019 vs 2018
- M to M
- Q to Q
- Missed opportunities
- SWOT
Next is looking at the potential 2020 threats, here are the following things to be aware of:
- Industry
- Politics
- Economy
- Regulation
- Family/Health/personal
- Anticipate expected events in company
- Are you on track to meet the deadlines and events that will be taking place in 2020?
After having looked at threats you should be looking for things to anticipate, they include the following:
- New Hires
- New product
- New comp plan
- Next 15 moves in every aspect of life
After having looked at threats and opportunities it is important to shift to looking at the numbers to measure:
- Every months record
- Every quarters record
- 2020 goals
- Revenue/net profit
- New subscribers/customers
Next would be to have a list of the topics to follow closely in 2020, the list should include some of these:
- Trade war
- 5G
- Brexit
- Election
- US/Iran
- Epstein
Just like there are topics to pay attention in 2020 there are certain people you should be paying attention to as well, the big people in your industry as well as the following names:
- Trump
- Warren
- Biden
- Hillary
- Jared Kushner
- Bezos
- Musk
- Dorsey
- Zuckerberg
Finally you want to start mapping out the important dates in your calendar, something like this:
January – 1st Wednesday
25th Chinese New Year
February – 3rd Iowa Caucuses
March – 3rd Super Tuesday Primaries
April –
May –
June –
July – 6th– 9th Vault Conference
DNC – 13th – 16th Milwaukee, Wisconsin
7/24 – 58/9 Summer Olympics
August – 24th – 27th RNC
September –
October – 20th World Expo hosted in Dubai
November – 3rd Election day
26th Thanksgiving
December – Christmas Friday 25th
Now these dates are just an example, based on your industry and company you need to fill in important business events and things you need to be aware of, this goes for both your personal and business calendar.
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