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How to Celebrate Success as a Business Owner

Learning how to celebrate success as a business owner is more important now more than ever. Why? Well, as we’re ringing in the new year, you’ve probably had some thoughts similar to these:

“Bring on 2021!”

“Oh my God, let’s just get this over with because I’m checking out of 2020.”

“2020…what a ride off…what a waste…what a total disaster of a year…”

It’s this type of thinking that makes me curious. Of course, I’m not going to deny what a remarkably challenging year 2020 has been, but I personally could never write off an entire year.

No matter how much despair and hardship a year may bring, the speed bumps along the way are what make the year more interesting. 2020 has been a year packed with reflection, opportunity, creativity, and all sorts of fascinating experiences.

Since I’ve had this conversation with quite a few private practice business owners in the last few weeks, I’m centring this week’s PPMP Podcast episode on this topic.

Before getting into the episode, though, I want you to take out your notepad and write these questions down:

  • What did you gain from 2020?
  • What did you learn?
  • Is there something that you would have never had exposure to if it were not for the crazy context of COVID?

These are all very important questions, but the most crucial one I urge you to focus on at this time is:

What can you celebrate from 2020?

I’ve refined the edges of my thoughts, so let’s jump right into the main points on how to celebrate success as a business owner.

 

Personal Success

One of my all-time favourite quotes is: “Life is not measured by the number of breaths we take, but by the moments that take our breath away,” by Hilary Cooper.

I’m well aware that this is a complex choice of quote in the context of 2020, but let’s dig into those moments for us individually and collectively across the year.

First, let’s hold the mirror up to ourselves and look at our personal successes.

  • Where have you succeeded personally in your life?
  • Where have you seen success in the context of your family or friends?
  • What kind of personal insights can you gather from 2020?

We can measure personal achievements in many ways. Some of you may measure it in terms of the hours you worked, contribution to the less fortunate, or personal development plans.

Understanding how to celebrate your personal triumphs is all about finding the way that best suits you

I’m a firm believer that reflection should be done little and often, rather than a big lump of a reflection at the end of the year.

In the episode, you’ll hear how I link this idea of celebrating personal achievements to reflective practice. I walk you through learning how to define your personal progress and objectives, whether that be daily, weekly, monthly, quarterly, or on an annual basis.

 

Team Success

Now it’s time to focus on your team’s successes. As the business owner, you’ve got to get the balance right in relation to celebrating individual and team accomplishments.

  • Where have the standout moments been in 2020?
  • What kind of shifts in cohesiveness or culture did you notice?
  • Have you seen incredible displays of your business values, courage, generosity?
  • Do you have a recognition and reward scheme already in place?

As I mentioned in the Personal Success section, reflection is best done little and often. This idea goes for celebrating team triumphs, too.

Celebrate what the team has achieved across a week, month, quarter, year, rather than a bulk celebration at the end of the year.

I’ve found that it seems so much more authentic to be celebrating in the moment, and it also helps you gain more traction.

Listen to the full episode for all my insights on how to capture and celebrate team moments, including why they are so important for your business brand, recruitment strategy, and retention strategy.

 

Business Success

Business success and its milestones are often forgotten in the busy-ness of business. As business owners we regularly dive into the next tsunami of things-to-do without taking a moment to pause.

It got me thinking: Perhaps there is a definition of success in pausing between projects?

By taking that pause, you can really take time to acknowledge that a milestone has passed in a successful, vibrant way.

  • How can you wind things back a little and check in more on milestones?
  • Does your business development activity have an ongoing cumulative pattern?
  • Are you celebrating your business brand?

Part of celebrating your business victories also revolves around socialising it with your team. Get their pondering thoughts after pondering yourself first. 

This can help build an environment of celebration right across the month. You can play with how you’ll define the positive outcome and how you’re going to celebrate it.

 

The Scale of Measuring Your Successes

When learning how to celebrate success as a business owner, try and look at it as a bunch of sprinkles.

That’s right – like sprinkles on a cake.

Sprinkle a celebration here and there throughout the year instead of keeping it all for a bulk celebration at just one point in the year.

I like to think of these as a scale between small, medium, large, and ginormous activities. These are moments between breaths where you can celebrate what is relevant and meaningful for you and your team.

Some actions you’ll want to celebrate will be quite measurable, while others will be quite concrete. But it’s perhaps those less measurable, softer actions that are worth digging into.

Another fantastic way to look at measuring your accomplishments is with the A-I-R framework. You’ll hear more about that in the episode, but basically it gives structure to what you will celebrate.

 

How Will YOU Celebrate Success?

At the end of the day, the message here is to not just celebrate for the sake of it. The last thing you want is for this to become a chore. “Celebration fatigue” in other words.

It’s all about finding some nice cadence to it. Practice acknowledgement, practice checking in, and celebrate in a series of small, medium, large, and ginormous activities as appropriate.

Make celebration a part of your business and team rhythms. Make it meaningful, genuine, and a little anticipated as well.

Looking back on 2020 doesn’t have to be all doom-and-gloom. Instead, make sure you are acknowledging the personal triumphs, team successes, and business victories you’ve had.

Allow yourself some time to think about, anticipate, and get excited about how you will celebrate all those gorgeous successes throughout the year.

Now I want to hear from you! How are you celebrating your personal, team and business successes from 2020?

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