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Reinventing yourself and/or your business periodically can help keep the excitement in your life. It can be a method of regular honest evaluation of where you are and where you’d like to be in the future. Here’s an exercise that will help you reinvent your business in seven easy steps:

1. Determine that you will set aside an uninterrupted segment of time for review of your business. Seclude yourself from outside influences such as cell phones, internet chats messages. Your Blackberry should be left at home and you should turn off the internet connection to your computer.

2. Imagine yourself in a new professional and in a new personal life after a period of 90 days. You will have all your existing physical assets, experiences and knowledge, including any learned skills. What you will no longer have is any of the liabilities which you now carry. Any weaknesses which you feel are yours have disappeared. You now longer carry any past errors in judgment, complications from mistakes, or beliefs and traditions which limit your abilities to accomplish whatever you want or need to do.

3. Ask yourself the question, “What would I do differently, having my present knowledge if I could start all over again?” Create columns for your personal life and for your business life and list ten items in each column.

4. Put the paper aside, think about it and review it again after several days.

5. Again, set aside some uninterrupted time to consider the question, “What would happen if I made the decisions I created in step 3? How would my business be different? What boundaries would I need to set to reinvent my business?

6. Look at the potential worst possible results. Would your business survive? Could you live with the results if you reinvented your business and it didn’t work? What would happen if the very best results you could possibly imagine occurred? Would you enjoy the positive outcome of your business? How about in your personal life? Imagine both the best and worst possible scenario and determine how you would feel about each case?

7. Now determine to do things differently no matter which outcome will occur. Not making any decision is not moving in any direction. Stagnation is not enjoyable. Being self-employed gives you the flexibility of trying something new, and if that doesn’t work, you now have the seven tools needed to reinvent both your self and your business any time it’s needed.

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