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Start Your Business Entrepreneurs

6 New Year's Resolutions Entrepreneurs Should Make

6 New Year's Resolutions Entrepreneurs Should Make
Credit: BUNDITINAY/Shutterstock

Many people make personal resolutions for each new year, like losing weight or getting a new job. As an entrepreneur, you may be more inclined to set professional goals that help you grow and improve your company.

If you haven't made your New Year's resolutions for your business yet, here are six worthy goals to set for yourself in 2017.

"Every year business owners say they aim to replace the old with the new. This is the year to do it! In 2017 [small businesses] should resolve to better their facilities, including buying new equipment, hiring new entry level and management staff and nurturing their business for the better." – Lior Rachmany, CEO and Founder of Dumbo Moving + Storage

"Traditional cold calling is an outdated approach that can yield results that vary in success. Instead, forward-thinking small businesses use modern solutions that help salespeople analyze customer data to target the warmest leads." – Jen Cohen Crompton, entrepreneur-in-residence at the Neat Company

"Small business owners should aim to add the human touch to their online experience in 2017. For example, my business plans to include a few live events in major cities, so I can actually interact with my customers, in person. Hopefully, this will help take the "chill" out of the typical, online business model in the New Year." – Michael Tyrrell, author, composer and producer of Wholetones

"If we focus our energies on improving oneself, we will naturally achieve all our business and personal objectives. Continue to invest in [yourself]. That is the key to achieving every goal." – Mark Sephton, personal mentor to entrepreneurs and author of "Inside Job" (CreateSpace Independent Publishing Platform, 2014)

"When first starting out, it is critical to … realize that what your business does today [might not remain] the same thing if you are successful. Instead of focusing on your initial idea, focus on how you can build a product that serves a huge need and keep iterating until you get it right. You will know it when you do." – Jonah Goodhart, CEO of MOAT

"It is important, as the person leading the company, to recommit to your role as a mentor and a person who empowers those who work for them. With the hectic pace [of business], we sometimes lose sight of how important it is to support our employees so they become the best at what they do. If they succeed, the company succeeds." – Gerry David, president and CEO of Celsius Holdings

"Nothing great can happen without risk. So embrace the positive power of risk and it will give you the courage to take on the impossible." Lou Casale, head of communications at Hiscox USA

Some source interviews were conducted for a previous version of this article.

Nicole Fallon

Nicole received her Bachelor's degree in Media, Culture and Communication from New York University. She began freelancing for Business News Daily in 2010 and joined the team as a staff writer three years later. She currently serves as the managing editor. Reach her by email, or follow her on Twitter.