As a business owner, the start of a new year is like the beginning of a new season in sports. It’s a chance to hit the reset button and set your sights on your goals for the year ahead. Just like a coach, you need to have a game plan in place to succeed. Setting new year’s resolutions can be an effective way to get there.

But let’s be real, resolutions can be tough to stick to. Tim Ferriss, author of “The 4-Hour Work Week,” recommends using the “80/20 rule” when it comes to goal-setting. This means focusing on the 20% of activities that will lead to 80% of your desired results.

In terms of business goals, this could mean identifying the most important areas to focus on and cutting out the rest. Do you really need to be on every social media platform, or would it be more effective to focus on just a few and do them exceptionally well? Are there any time-consuming tasks that can be delegated or automated? By identifying the most impactful actions, you can make the most of your time and resources.

It’s also important to have a team to support you. In sports, a team relies on each other to succeed. The same goes for your business. Surround yourself with people who have the skills and expertise to help you achieve your goals. This could mean hiring new employees, working with a mentor, or seeking out the advice of industry experts.

As with any game, there will be challenges and setbacks. But it’s how you respond to those challenges that will determine your success. Stay focused and resilient, and don’t be afraid to pivot if something isn’t working. Just like a coach who adjusts their strategy mid-game, you may need to adjust your resolutions as the year progresses.

Finally, remember to celebrate your victories along the way. Whether it’s a small win or a major milestone, take a moment to reflect on your progress and give yourself a pat on the back.

So as the new year approaches, think of yourself as a coach and set your new year’s resolutions with purpose and determination. By following these tips, you’ll be well on your way to a successful and rewarding year.