Business Reboot Challenge Day 19 – What do you (really) want?

Business Reboot Challenge

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Day 19What do you (really) want?

Hey challenger!

Let me share with you the 10 questions you MUST answer, to make sure that you’re focused on what is it that YOU want YOUR IDEAL business to be and do for you by the end of next year.

  1. How much money do you want this business to generate this coming year? 
  2. How much of this income should be a result of you working for your business? 
  3. How much of that income should be passive (you might work once for it, but will get paid over and over again, for years to come)? 
  4. How many hours per week would you like to work? 
  5. How many weeks per year would you like to work? 
  6. What will be your exit strategy (e.g. make it generate only passive income, get a team to run it for you, pass it to your children, sell it (whole or part), go public… 
  7. Where would you like to work from? 
  8. How big will be your operation (team, offices, factories, storage…)? 
  9. What impact will this business create in the world? 
  10. Who do you want to help?

There are no wrong or bad answers. But there must be answers.

Only when you have those answers you can begin developing the plan to make this idea of your ideal business a reality.

Now it’s your time…

YOUR ASSIGNMENT – DAY 19

Your challenge for today is to:

  • Answer these 10 questions.
  • Share your answers in the comment box below.

And then let us know what you chose in the comment box below.


TIPS TO GET THE MAX OUT OF DAY 19

Pro Tip 1: Think big. Think in possibilities, not in obstacles. You don’t need to know HOW you’re going to make these happen, jut WHAT is it that you want from your business.

Pro Tip 2: Give and receive feedback. Read other people comments and see if you can offer some help – how they could clarify and/or focus their answers.

27 Comments

  1. Arina Angerman

    What do you want? I used publication My Best Year Yet in 2016 & 2017 and am going to review 2017 and plan 2018 in the first week of 2018 … In 2017 I have multiple sources of income (personal pension, business income, passive income, working as a professional and as a board member). I want to work 28 hours/week for my business income and 44 weeks/year. My exit strategy is only passive income … and I like to work on my laptop in 2018 at home and from a rented room in Split or Faro or Larnaca (1 week) and my business will help 55+ SME’s (F/M) to remain financial independence and I/we want to contribute to successful to implementation of Sustainable Development Goals 4, 5 and 17. My ambition is to generate 6.000 Euro. My Business Income will be 5.400 and Passive Income 600.

    Reply
  2. Maaike Bressers-Wiersma

    1: 30.000,-
    2: 5.000,-
    3: 25.000,-
    4: 12
    5: 40
    6: only passive, but it’s my passion so I want to continue as long as I can…
    7: wherever with internet…
    8: just me and two assistants
    9: help many many women around the world to awaken and use the energy for something ‘good’.
    10: Woman dedicated to go through all that withhold them from truly being connected with their highest Self

    Reply
  3. Patricia Leenaarts

    1. 100.000
    2. 70.000
    3. 30.000
    4. 25
    5. 40
    6. Make it generate passive income and get a team to run it for me
    7. Everywhere in the world.
    8. A team of 5 people
    9. Happy children who feel good about themselves and develop themselves.
    Happy parents who are happy with themselves and their lives and who also pass this on to other people / children.
    10. Children between 6-12 and their parents.

    Reply
  4. Nicole Klip

    1. 10.000
    2. 80%
    3. 20%
    4. 30 hours per week
    5. 44 weeks
    6. my exit strategy is to sell it
    7. As I do now, I have my own room at home.
    8. My operation will remain a one-woman company
    9. The impact on the world will be more love and understanding for oneself and because of that for others
    10. Sensitive people struggling to find a pleasant way to live their lives.

    Reply
  5. Elisabeth Neutel

    1. €5000 more than this year
    2. two fifths
    3. tree fifths
    4. 6 h/w
    5. 40 weeks
    6. Create passive income, training centres, franchise businesses
    7. An office
    8. main office:12 people and 1 floor with 6 offices and shared space
    9. A movement of empowerment women out of destructive relationships
    10. Divorced women and women who wanna get out of a destructive relationship and/or dealing with a complex divorce

    Reply
  6. Dennis Keim

    1) €80.000
    2) 90%
    3) 10%
    4) 36h
    5) 48w
    6) Have it generate passive income, have a working system that’s transferrable. It would be nice to pass it on to my future generations, but it should be sellable just the same (they might not want to). While on the way there, I’d like to work less in my business (at least where I’m actually really needed) and have a growing team run it.
    7) From The Netherlands (and Portugal in the near future, hopefully by 2020)
    8) One place of business, with two offices and a workshop with storage. Growing in joint ventures, 5 for the coming year.
    9) Freedom due to simplified living and freedom of personal expression, to move freely, and create a minimal ecological footprint. A lighter, happier, inspired heart for people to share, and quality time to for them to share it.
    10) I help enthusiastic, enterprising, environmentally conscious, innovative open-minded men and women in Europe, between the ages of 35 and 65.

    Reply
  7. Mariëtte Verlaan

    My ideal business would be:
    1. Enough money to have my life needs covered and live my passion of creating lush personal harmonious gardens and write about it (extra money would be contributed to book and reading projects for children)
    2. 50% working (30 % online projects, 20% other projects)
    3. 50% passive (legacy of books, eBooks, community, eCourses)
    4. 30 hours per week
    5. 42 weeks per year
    6. 20% working, 80% passive
    7. Italy (base for my home, my office and my garden and communications business)
    8. Me and a few assistants (sending books, administration, book keeping)
    9. A ‘conversation’ bench on gardening, lifestyle, interaction and communication based on the energy and beauty of nature, impacting the perception and outdoor value of harmonious gardens, a personal approach to create and sustain positive life changes, natural flow and experiences
    10. Holistic, energetic lifestyle oriented people who are motivated to augment their passion, inspiration and joy by creating a lively lush supportive environment in their garden and their life

    Reply
  8. Jolanda Mulder

    1. 50.000.
    2. 30.000
    3. 20.000
    4. 25 hours a week
    5. 40 weeks
    6. I’ll educate a team of women to continue the work
    7. A small, light, white, warm chapel, with a nice stage, in a natural environment
    8. At first: 5 – 8 people, later on, more
    9. this business will encourage women to step into their soft yet powerful, natural and secret fire, en then ‘spread this virus, this warmth’. No more holding back, NOR overacting.
    10. Women who are fighting with their desire (and because of that getting exhausted, wanting to pull back) to spread their ‘words’ into the world.

    Reply
  9. Marcel Heijnes

    How much money do you want this business to generate this coming year? € 50.000
    How much of this income should be a result of you working for your business? € 45.000
    How much of that income should be passive (you might work once for it, but will get paid over and over again, for years to come)? € 5000
    How many hours per week would you like to work? 25 hours
    How many weeks per year would you like to work? 40
    What will be your exit strategy (e.g. make it generate only passive income, get a team to run it for you, pass it to your children, sell it (whole or part), go public. Making online program, write a book
    Where would you like to work from? My own practice
    How big will be your operation (team, offices, factories, storage…)? In the future, I want an assistant, marketing person, online developer
    What impact will this business create in the world? The fastest way to solve shoulder issues.
    Who do you want to help? Women, between 40 and 65, company-owner/freelancer/ZZP-er, ambitious, open-minded, spiritual or religious, control freak, pleaser, intelligent, passionate, do-gooder, hard-working, focused on a clear goal.

    Reply
  10. Connie van Rossum

    1. How much money do you want this business to generate this coming year?
    € 40.000,-
    2. How much of this income should be a result of you working for your business?
    100%
    3. How much of that income should be passive (you might work once for it, but will get paid over and over again, for years to come)?
    5%
    4. How many hours per week would you like to work?
    28
    5. How many weeks per year would you like to work?
    46
    6. What will be your exit strategy (e.g. make it generate only passive income, get a team to run it for you, pass it to your children, sell it (whole or part), go public…
    Go public
    7. Where would you like to work from?
    50% from my office at home and 50% from the offices of customers
    8. How big will be your operation (team, offices, factories, storage…)?
    1 person with cooperations with other freelancers
    9. What impact will this business create in the world?
    I put brands in the spotlight
    10. Who do you want to help?
    Communication professionals

    Reply
  11. Margreet van Bork

    1 20.000
    2 17.000
    3 3000
    4 max 25 ( and preferably not every week)
    5 max 45
    6 100% passive income in combination with a team.
    7 my own practice = my own space for mall groups.
    8 my practice with office room and a team of 3 (part-timers)
    9 awareness, health, prosperity, peace and happiness
    10 women between 35 and 55 that got stuck in their situation. They try to be nice to everybody in there surrounding, husband, children, parents, friends etc. They let those other people decide over their lives. They take ( almost) no time for them self’s, they often don’t even know what they want any more.

    Reply
  12. Silvia Dragoni

    1. How much money do you want this business to generate this coming year?
    6000 euro a month, 72.000 euro a year
    2. How much of this income should be a result of you working for your business?
    21.000 euro
    3. How much of that income should be passive (you might work once for it, but will get paid over and over again, for years to come)? 7000
    4. How many hours per week would you like to work? 25 hours
    5. How many weeks per year would you like to work? 42 weeks
    6. What will be your exit strategy (e.g. make it generate only passive income, get a team to run it for you, pass it to your children, sell it (whole or part), go public…
    To make video of learning about specific subjects.
    7. Where would you like to work from? In my center and at home, from 2019 each month 6 days from a warm place on the sea.
    8. How big will be your operation (team, offices, factories, storage…)? teams
    9. What impact will this business create in the world? It will effect people’s life and so it will effect the world, more people will be happy and satisfacted, more they will respect others and help people that are needed.
    10. Who do you want to help?
    People that wants to learn and be healtlhty, and powerfull, the one that have the courage to do a step forward towards their dreams and their freddom

    Reply
  13. Martine Donker

    Eind 2018 heb ik 10.000,- omzet gerealiseerd. 60% hiervan is het resultaat van mijn eigen werk binnen mijn bedrijf & 40% is het resultaat van een passief inkomen. Ik werk 10 uur per week en doe dit 48 weken. Mijn exit strategie is werk uitbesteden, video inzetten en met mijn eigen hoofd op video. Ook kan ik altijd nog kwekers gaan interviewen als promotiemateriaal. 90 % van de tijd werk ik vanuit huis. De impact die ik heb op het leven van mijn klant is dat hij zich nooit meer zorgen hoeft te maken over beeldmateriaal omdat hij hier 24/7 toegang toe heeft.

    Reply
    • Elisabeth Neutel

      Nicely worked out Martine, better than a list 1 t/m 10 (what I did). It was a pleasure to read. A very good strategy to work on in 2018.
      Greetings, Elisabeth

      Reply
  14. Francis Dalebout

    How much money do you want this business to generate this coming year?
    Uhm, everything more than this year would be nice already, I’m just starting out and find it hard to set financial goals. I can’t ‘force’ people in seeking my help so feel like I have little influence on that other than do my best to let people know ‘I’m here’…

    How much of this income should be a result of you working for your business?
    All. Passive income is just not an option in this line of work.

    How much of that income should be passive (you might work once for it, but will get paid over and over again, for years to come)?
    None (I’m still thinking of ways but with the legal restrictions we have I can’t think of any that would work).

    How many hours per week would you like to work?
    I would love it if I could have at least a part time job out of this (with the income to match of course), i.e. 20 to 30 hours.

    How many weeks per year would you like to work?
    Hmm… hard one… 4 to 5 weeks vacation a year would be nice so 47?

    What will be your exit strategy (e.g. make it generate only passive income, get a team to run it for you, pass it to your children, sell it (whole or part), go public…
    None. I’m just starting and I plan on doing this for a long time, it’s something I like doing and I will be able to do this as long as my mind works. When I stop I will probably refer my clients to collegues I trust.

    Where would you like to work from?
    I already work from home, at this point I visit clients at their home / barn and that’s what I want to keep doing as long as possible, since it gives me a lot of valuable info on how their pets are kept, livingenvironment etc. I hope to be able to make a nice office in my new home with space to have clients with small pets come to me once it gets too bussy to visit them all at their place.
    I also hope to be able to travel abroad once or twice a year to work at foreign wildlife sanctuaries with local caregivers, to help heal wild animals.

    How big will be your operation (team, offices, factories, storage…)?
    An office space with consultingroom and I really hope to be able to build a few stables with paddocks at our new house to also have horses stay at my place for rehabilitation and treatment, whenever isn’t difficult or impossible for a client to do that at home or at the boardingstable where they board their horse.

    What impact will this business create in the world?
    Create a better world for animals, help increase animal welfare in general and for wild animals in captivity and horses in particular.

    Who do you want to help?
    Petowners, horse owners, farmers, caregivers at zoo’s and sanctuaries.

    Reply
    • Yvonne van Gennip

      Besides, let them know you’re here, let them know where you can help them with, asking/triggering the problems they’re dealing with and focus on that!

      Good luck, it’s hard and a process, but you can do it!

      Reply
  15. Elske van de Fliert - Zero-e

    I already reserved a special week to answer these (and other) questions, as I do every year. It takes some quality time with myself to come up with the answers and I do not want to do them on the fly.

    Reply
    • Margreet van Bork

      It is good to be remembered that a week off just to think and plan is important! Thank you for that.
      I will plan a week myself and use all the answers I gave and all the comments I received in this challenge.

      Reply
    • Joyce Vanes

      Yes, I do this as well in the coming period, Elske. I so much like to do it on a special day with no distraction or phones and next to a cozy fireplace.

      Reply
    • Marcel Heijnes

      Hello Elske,

      Cool that you reserve that amount of time for it.
      Will you give us a slight impression of that week?
      And do you this on your own or have you sparring partners?
      What other kinds of resources do you use?

      Warm regards, Marcel

      Reply
      • Elske van de Fliert - Zero-e

        Thank you Margreet, Joyce and Marcel.

        I do this on my own currently and start by reviewing the past year. I do a swot analysis and I think about what I want to accomplish next year. Then I plan the main focus points for every month. These are the things I work on the first hour of my day.
        Google “vision planning open circles” and you will find a helpful process.
        Pen, paper and computer do the trick.

        Reply
        • Marcel Heijnes

          Hoi Elske,

          thxs for your reply and the suggestion, the webinar is still functioning.

          rgds Marcel

          Reply
  16. Silvie van der Zee

    1. How much money do you want this business to generate this coming year? € 100.000
    2. How much of this income should be a result of you working for your business? € 80.000
    3. How much of that income should be passive? € 20.000
    4. How many hours per week would you like to work? 20
    5. How many weeks per year would you like to work? 26, 6 months work, 6 months off.
    6. What will be your exit strategy? Make it generate only passive income or get a team to run it for me.
    7. Where would you like to work from? A tropical island. Already did this in Tenerife and Gran Canaria, loved it!
    8. How big will be your operation (team, offices, factories, storage…)? Small, I’m not looking to run a big business.
    9. What impact will this business create in the world? It will make all information in the world available to everyone in their mother tongue.
    10. Who do you want to help? People who have Dutch as their first language.

    Reply
  17. Yvonne van Gennip

    1.100.000
    2. 50%
    3. 50%
    4. 20-25 hours per week
    5. 40 weeks per year
    6. Pass to children, team, passive
    7. Work from a sunny place 🙂
    8. A team of 5
    9. Huge impact, change in the way of raising kids/more consciousness, more happiness/less struggles around raising kids as a kid and as an adult/mom
    10. Moms, interested in a conscious way of living, 30-45 y/o, HBO+ educated

    I don’t know what I should chose, what is meant?!?

    Reply
    • Francis Dalebout

      Like how you have very short and clear answers and set clear goals. Guess I was still being too carefull with mine 😉

      What do you mean with your last question about choosing?

      Reply
      • Yvonne van Gennip

        And then let us know what you chose in the comment box below.

        I don’t understand what I’m expected to do with this remark in the assignment.

        Reply
        • Francis Dalebout

          Ah ok… I think I missed that one before… You’re right, seems to be info missing or this question shouldn’t be there.

          Reply

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