For business owners, predictability is the goal. If you could do away with the wild rollercoaster ride and have a better idea of what to expect month after month, you’d save yourself plenty of stress and gray hairs, right?
But this is where most people get stuck.
When entrepreneurship comes with so many ups and downs, stability seems impossible. Forecasting is tricky to begin with, and is only made more difficult by the fact that most business owners are eternally optimistic.
Any time you’ve sat down to crunch your numbers before, you eventually discover that your predictions are so far off that you figure it’s totally fruitless to give it another go.
It’s frustrating. But, think of your “predictability muscles” just like you would any other muscle in your body—you need to commit to practice if you’re ever going to see improvement.
Stagger charts are a great tool to use to do this. These charts help you keep your finger on the pulse of how your business is performing, and then enable you to use that information to get better and better at forecasting as you move forward—thus strengthening those “predictability muscles” of yours.