cherie tan.jpg

Hi.

I help entrepreneurs build better online businesses. 

Founder, Mogul Tech International
Founder, Weevur

Crunching the numbers - OKRs for Personal and Business

Crunching the numbers - OKRs for Personal and Business

So this is probably going to be a rather short blog post, and I’ll try to keep it as short as possible and cut to the chase. I dislike most lengthy, Medium-esque articles written by millennials who think they’ve got everything figured out for a couple of reasons:

1. It’s not that I don’t have time, or that I’m “too busy” - I just don’t want to spend that much time and energy - we want the advice you can give in the shortest possible time. Thank you, Primer and Blinkist.

2. (Most of the time, for most people) You really don’t have it figured out. Behind a really good article is an author struggling to make their business idea work.

I spent too much time trying to prettify my content in 2017 to fit the Medium scene. Didn’t really work well for me. I’m sure some of you share the same views.

Anyway, on OKRs for Personal and Business.

If you felt like the way you planned and executed work in 2017 hilariously failed you, welcome to the club. I've been there, done that. I'd love to share with you how I worked my way out of this:

Crunching the numbers and planning out OKRs, instead of lengthy, vague, and dreamy goals that are motivating, but doesn’t really do more that.

 

1. Start with a clear objective and goal, that is Smart, Measurable, Attainable,Relevant, Time-Bound (Yes, SMART)

Outline your objective, pair it with key results, and pair the key results with measurable metrics which can be compared to your end goal.

What do I mean:

Not ideal: Objectives without Key Measurable Results

“I want to grow my business”, “I want to help people find better jobs”, “I want to become a better person in 2018”

Ideal: Objectives with Key Measurable Results

“I want to get $100,000 USD in revenue for my business by 01 April 2018”, “I want to help 10,000 fresh graduates find jobs in the start-up sphere in Singapore by 01 April”, “I want to read and learn from four different books (list books) by 01 April”

A great example of what an OKR looks like:

Screenshot-2018-01-02-09.52.29.png

OKR Templace

Screenshot from OKR TEMPLATE

 

Once you’ve got this, try the following:

 

2. Break it down into weekly tasks

Use Trello or Asana to manage your tasks, or even simple applications such as Bear (note-taking app), or Laverna (my choice for a note-taking app)

 

3. Schedule your repetitive tasks into blocks on your calendar

Cherie Tan Calendar Image.png

Screenshot 

Of my calendar

 

 

4. At the end of each day, record the tasks you’ve completed

Small wins are a great source of motivation.

How are you planning out your tasks? My method may not be the best for everyone - but it seems to be working exceedingly well for me.

Tip: Be flexible and open to changes. I constantly tweak and refine my calendar. At the end of each week, I do a weekly review of my tasks and system of handling my tasks at hand, and proceed to refine it.

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