Today is Groundhog Day; observed each year in the US and Canada which essentially answers one question: will there be six more weeks of winter?

When I hear “Groundhog Day”, I immediately think of the film starring Bill Murray, who plays a guy stuck on a time loop, reliving the same day over and over again.

It’s also a phrase I hear time and time again from entrepreneurs, referring to their business (and life) as Groundhog Day.

Both result in the same: running faster and harder on that hamster wheel, repeating the same mistakes over and over again. Frustrating and soul destroying for you and those around you.

BUT imagine what your future would like if your business could always learn from mistakes.

A business will tell you everything that’s going on, but only if you ask it the right questions.

This week I want you to focus on these 5 ways to avoid repeating the same mistakes:

1. Get out of the mindset of ‘we’ve always done it this way’ (applies to everyone in the business).

2. Work out what makes your business work and document these processes.

3. Have a process that logs every single issue, with one person accountable for solving, so you can learn and improve on each one.

4. Set the questions you want to ask your business and put measures in place.

5. Get into a routine of having focused, regular meetings that ask what happened yesterday? What are we doing today?

We don’t know what the future holds, and we all make mistakes.  The key is to learn from them, improve and move on.

BW,

Martin

Martin Norbury

Investor | Business Mentor at Advocate | Author of I don’t work Fridays

Image by Katie White from Pixabay