Keeping a Business Journal

Why keeping a business journal is important?

We all jot things down from time to time: grocery lists, appointments, and the like, but keeping a business journal and daily journal writing can be an effective tool that can lead to more efficiency in the running of your small business. It’s inexpensive, it won’t take up too much of your valuable time, and it may help in ways that you would never imagine.

business journal

A lot of people are blogging these days, and this form of journaling, daily journal writing has its place, but writing in a real journal that you can hold in your hand — and carry with you — is personal and fulfilling in a way that a computer just cannot compare to. You can scribble designs and pictures in a journal almost as quickly as your mind can think of them, and that is a great advantage.

Journal Writing Ideas

Putting thoughts and ideas in a journal doesn’t come naturally to many people. By writing a few words on a daily basis, you will soon become accustomed to the process and even begin to look forward to your personal writing time. It isn’t necessary to write at the same time or in the same place every day, but writing regularly will make your journaling more effective because you will be recording your thoughts while they are fresh. Looking back through your journal, at previous entries, can often spark new ideas as well as reminding you of older ones you meant to pursue.

It is usually best to keep your journal for your eyes only, as it’s a way for you to speak to your innermost self and is nobody’s business but yours. Anything that you are thinking, contemplating, or worrying about can be included in your journal, and just the act of getting worries on paper and out of your head sometimes begins the solution-finding process. Just letting your mind wander, as you write, may give you new insight and start a different train of thought that leads to solving a strategic problem that has been nagging at you.

In business, we must use all tools that are available to us in order to reach our maximum potential for success, and a journal is a personal tool that can turn out to be an invaluable professional advantage.

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Joseph Ferriolo

Director at Wise Business Plans®
Joseph Ferriolo is the Director of Wise Business Plans. He has overseen over 15,000 written business plans during his tenure, raising over $1BN in funding and providing 30K+ consulting hours for startup companies.

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