In this episode, host Molly Beyer talks about a business reflection tool called YearCompass and explores why a reflection strategy is useful for goal-setting and realizing accomplishments. Molly points out that using someone else’s definition of success - a mentor’s, parent’s, or competitor’s - can leave us feeling perpetually behind. Success needs to be aligned with what matters to us to feel like true success. It’s not just revenue. Revenue matters, but Molly explores what else matters and how to track it.
Real success includes our time, having the freedom to step away. It includes our mental clarity and whether our business is chaotic or peaceful. And it includes our energy and alignment. Are we energized? Is this the work we want to do? Are we having an impact? Molly discusses how setting goals only allows us to look forward, but reflection allows us to look at what we worked on, what we’ve learned, and who we connected with in our career journey. Molly calls this looking at the year holistically and assessing everything from our health to education to mental state.
Molly’s reflection allows us to see where we’ve come, which then guides the strategies for the coming year. YearCompass enables us to reflect on last year’s goals and assess our progress as we develop a new definition of yearly success. Confidence is knowing our numbers and developing a roadmap, not a moving target. And as Molly points out, reflection is not just an end-of-the-year strategy but can happen monthly or even weekly. Adopting reflection as a business tool lets us process feelings, recognize wins, and move forward with clarity.
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Resources discussed in this episode:
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Contact Molly Beyer:
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