The Business Journal

The Art of Journaling

Journaling is a fruitful habit to adopt for your business management. This helps with the record keeping process & gives a convenient mode of capturing data of the business operation as it comes for future reference. A journal can take form in a simple Diary or notebook.
I started journaling in 2016 as a small casual habit. Every other day after work, I would write how my day went & narrate the standout moments & experiences. The habit gradually manifested into my business operations with the capture of data like expenses & incomes from my printer (transferred to my cash book thereafter) & tasks done over the course of day. These transcended to cash balance, inventory, weekly plans, sales calls made, orders received & money withdrawn. The small journal had become a small system that helped run my business & acted as a de facto personal assistant that oversaw the day to day running of my business.
Over the years, I’ve stuck to the habit & has grown to be a strong base for my operation. The data captured has availed a body of knowledge to understand my business through a rich set of raw usable data for analysis in the Microsoft Excel application. It has also provided a reference of experiences & ordeals I went through over the course of my business journey. It’s my hope that all entrepreneurs far & wide adopt a journaling culture to harness the power of personally generated knowledge to form strong understanding of business operations & document the amazing journey of an Entrepreneur.

Small Tips

• Writing is at the heart of successful journaling. Start by honing your writing skills by patiently dedicating 20 minutes a day to writing about a topic.
•  Develop a habit of capturing incomes & expenditures over the course of your day & stay conscious of every one of them. This builds your financial consciousness.
• You ought to enjoy the journaling process for it to have any degree of success.

Outcomes

• A strong base of data that can be converted into knowledge that can be studied to understand the business.
• An enjoyable accountable entrepreneurial journey.
• Improved financial consciousness (understanding where your money is spent).

Thank you for Reading.

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