Whenever you set a goal, the first step is making sure you hold yourself accountable for taking steps to achieve it. What’s just as powerful, if not more powerful, is having someone else help keep you accountable too.
The same applies to your business goals. Having a group of like-minded entrepreneurs and successful business-owners can help you stay on track and achieve results. An accountability group can help push you to get things done so you have something to show when they ask you about your progress.
Accountability groups remind you of your “Why” — why you decided to set that revenue growth goal or simply why you even wanted to start your own venture to begin with. Sometimes it’s easy to lose sight of the “why” when you’re caught up in the details of running or starting a business. Accountability groups can help you take a step back, refocus and stay grateful. They also celebrate you, giving you credit where credit is due. Support, even if not financial, supplies energy and helps you move forward.
Surrounding yourself with a group of people who understand what it takes to walk out a similar journey also allows you to be more comfortable to bounce ideas off of them and learn from their experiences. You can ask your group questions that others in your everyday support group — friends, family, spouses — may not be able to answer because they don’t have the knowledge to help.
The American Society of Training and Development conducted a study about accountability and found that people who commit to someone that they will achieve the goal have a success rate of 65 percent. And people who make an accountability appointment with a person they've committed to have a success rate of 95%.
Make an appointment to meet with your group in person at least monthly but keep in touch through social media or a group text in between meetings. If you're an Atlanta entrepreneur, the local EO Accelerator program may be a good fit for you. Learn more.
Story By: Kris Martins