Setting Business Goals
If you are setting goals (why not?) and following business quarters, i.e. Q1, Q2, Q3, Q4, then you will know that we have hit Q4 the last quarter to hit it home. 80 days left till the end of the year. Are you making it count or slowly sliding into the first or second base?
Don’t forget when you’re pushing it through with business “always find time for the things that make you feel happy to be alive.” We all love when our business is thriving, and it’s energizing us but remember balance is key! So make sure you are doing more with your time than just building and pushing your business forward – burnout will find you if you don’t, and he’s a nasty wee bastard you don’t want him on your team, he will muck with your mindset.
‘Quarter – Q1, Q2, Q3, Q4’ A quarter is a three month period within a year.
The standard four quarters that make up the year are:
January, February, and March (Q1)
April, May, and June (Q2)
July, August, and September (Q3)
October, November, and December (Q4)
Some businesses follow their own quarterly cycle dependent on location. The financial year for example of different countries:
New Zealand / Canada April to March is the fiscal year
Australia June to July is the financial year
The UK is April to April
The USA is October to September
To use that example if you were following the New Zealand financial calendar you would be using: Q1 (April, May, June), Q2 (July, August, Sept), Q3 (Oct, Nov, Dec), Q4 (Jan, Feb, Mar)
International businesses will usually follow the Gregorian Calendar (Jan to Dec) due to changes in the financial years of different countries and head offices within those countires. Apple, for example, use the traditional Q1 (Jan, Feb, Mar), Q2 (Apr, May, June), Q3 (July, Aug, Sept), Q4 (Oct, Nov, Dec)
We follow the standard Quarters