The Results Mindset

Anna Stubbs • May 31, 2023

If you struggle to achieve the results you want, it’s likely you’re disregarding one of the key components of The Results Mindset formula. This formula helps to ensure our ideas are implemented, our goals are achieved, and we obtain our desired results.

The formula for achieving results is:


Decisions x Actions x Accountability = Results


1. Decisions

What are the decisions you need to make to achieve your results? Evaluate potential risks and opportunities and distil these into a maximum of four overarching goals for the year. These are clear decisions; what you are choosing to focus on.

You’ll likely start with more than four goals, but some might become actions you take to achieve a bigger goal. Focus on the four goals/decisions that will have the biggest positive impact on your business.

When you’ve chosen your goals, it’s essential that you record them in a plan. Depending on the results you want to achieve, this could be a Business Plan, Succession Plan, or a plan to improve your cashflow.

So, step one is to document your decisions as goals in a plan.


2. Actions

The second part of making sure that we achieve our results is to break down our decisions, or goals, into actions. For each goal we record in the plan, we might have 4-5 actions that we need to take. Breaking the goals into actions clarifies the steps to take along the path to achieving our goals, making the path to success clear and less overwhelming.


3. Accountability

The final component is accountability. This is often the missing piece of the puzzle. If we don’t have someone holding us accountable for the goals and actions that we’ve set, they often won’t happen. If you know somebody will be checking in to see that you’ve completed your actions, you’re far more likely to do them.

It’s important to decide on a person who is going to take responsibility for each action as well as establishing a review process to make sure the plan is being followed properly. Accountability helps us get the most important things done - remembering that the most important might not be the most urgent!


Achieving the results

If we want to get better results, it’s important to document our decisions in a plan, make sure that goals are followed up with clear actions, and hold ourselves to a system of accountability. Part of that accountability involves meetings and discussions to help determine the changes that need to be made toward achieving those goals.

The Results Mindset is all about the power of an idea being in its implementation. Let’s use it and make sure we don’t fail to implement the things that will greatly impact our business.


“I am not a product of my circumstances. I am a product of my decisions.” - Stephen Covey

By Anna Stubbs April 28, 2026
Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this have on your overall margins, profits and ability to fund the next stage in your business journey?
By Anna Stubbs April 28, 2026
You know that an accountant can look after the books and keep your numbers in good order. But have you ever thought about the additional services and advice that an accountant can bring to you as a fully fledged business adviser, coach and mentor? Let’s explore what other business-critical services your adviser could offer:
By Anna Stubbs April 28, 2026
To understand the financial position of a business at a specific point of time, look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement of Cash-flow, these reports provide a complete understanding of the financial position and business performance. So what’s involved: The balance sheet has three sections: assets, liabilities and equity.