How to Create, Manage and Achieve Your Goals
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- Category: Business Development, Mindset
As a business owner, you did the due diligence to identify the areas of your business where you need to set goals. You also understand the importance of committing goals to paper and. In a prior blog, we gave you some tips to exercise autosuggestion and visualization on a regular basis – or sometimes at least before important meetings, presentations, and sales calls.
We all know and hear that setting SMART goals allows the highest probability of them being achieved.
We’re going to allocate some time to build some personal and business goals. They are going to act as milestones to your business vision as you work towards achieving it. It is amazing to see yearly resolutions where many people set goals, but never everyone reaches them. Most of the time and too often, goals are too vague or too broad to follow through. “I’m going to be a billionaire,” “I’m going to be the best partner ever,” or “My business is going to make much more revenues this year.” They’re enormous, bold statements that are wonderful for dreaming and visioning. Unfortunately, they don’t stand a chance of being achieved in a meaningful or tangible way with no action plan.
We will walk you through a step-by-step process for developing goals that you WILL accomplish. Do you wonder how? You’re going to discover how to set SMART goals and get some tools to help you stay on track.
You are curious about what will be covered today:
The SMART goal-setting principle
Examples of SMART goals
When to review and revise goals
A step-by-step goal-setting process
SMART goals follow the pattern of being Specific, Measurable, Achievable, Realistic, and Time Focus goals. The detailed description and articulation aims are the nature of SPECIFIC goals. They are more accessible to achieve compared to vague or broad statements.
Ambiguous or incomplete goals will only assist you in achieving unclear or incomplete results. Your goals need to be as detailed as possible so that you will meet the specific results you are looking for. A specific goal can be easily understood by anyone who reads it; your intention and desired results are detailed and described, and the actions you will take to achieve it have been planned.
I should lose weight.
I will work harder this year.
I will lose 30 pounds in the next three months (that’s 2.5lbs per week) by eating more homemade food, fruits and vegetables, and exercising three times per week.
I will increase my revenue figures by 30% in the next three months by training and practicing scripted closing tactics. Now, the only kind of goals that you can achieve are MEASURABLE goals. Your goals need to be measurable so you can assess, manage your progress by using conventional measurements with numbers. Time, money, and distance are also part of the measurements. Doing so will help you to know when you have achieved your desired outcome.
Goals can be broken down and easily managed in smaller pieces when goals are measurable. In the process, you can create an action plan and define the steps towards accomplishing the goal. You can oversee your progress and make the adjustment to your action plan when needed.
I will make more sales this year.
I will start running this summer.
I will increase my profits by 25% this year by increasing my prices (and value I offer) by 7% every semester and selling my audio interviews on eBay. I will learn to run a marathon of 10K this summer by joining a running training community.
What about ACHIEVABLE goals? They are grounded in feasibility because they have a better chance of being realized.
It is always good to set goals that challenge and stretch you beyond what you can imagine. But you also need to balance your goals to avoid setting goals that are far exaggerated and ignored your circumstances and skill level. It’s great to think big and dream big as we always hear it. Unfortunately, too many people set goals that are beyond their capabilities and end up discouraged.
You will only demotivate and disempower yourself when your goals are not achievable. On the contrary, defining goals that are too easy to achieve will not help you grow as a person and as a professional. It would help if you always think about the balance between challenges to overcome and reality around you.
I will get to the moon in 2 months.
I will win billions of dollars.
I will begin a two-year training program by the end of spring and join the NAZA in 9 months from now.
A million dollars is broken down in $2,739.73 per day and $9,230.77 per week. I will plan to earn 1 million dollars in the next 365 days starting now.
Goals make sense when REALISTIC – or relevant -and can be integrated into your life and overall business strategy
Here is the part where you look at the reasoning behind your target. Most of the time, your goals will collectively and harmoniously achieve a shared vision. It’s great to prepare setting goals in all areas of your life. With a realistic amount of effort, your goal’s action plan can be reasonably integrated into your life.
With goals that are not realistic or relevant, you may run the risk of going in too many directions, overusing your ressources, and never achieving your vision. When goals don’t appear to have a logical place in your life or overall business strategy, they derail you from your vision. You want to be certain that all of your efforts are working in a single, focused direction.
I will become a better alien and win 25% of the universe.
I will become a NASA astronaut on the moon.
I will spend more time with my children this year by staying at home one night each weekend.
I will start my own online business, complement my existing business, and add another stream, of income, by my birth date.
TIME- Oriented goals give you a frame of reference and keep you motivated.
Just like procrastination taking over our lives, any task without a deadline end up dying. It is just easy to push off your desk or down your to-do list things with no timing. A goal without a timeline will never be achieved. Goals that are not attached to a timeline are merely dreams or lose intentions.
Setting time with your goals will keep you motivated and focused, and allow you to check in on and track your progress. Ideally, it would be best if you made sure that the time period defined for your goal is realistic and achievable and reflects any elements or factors beyond your control that may influence the timing of the outcome.
I will join a sports club and get on a program.
I will start a new business.
I will join a gym next week and start a regular daily exercise cardio exercise
I will invest $750 on amazon training to sell online products by the end of this month and start building, selling products online by my birthday this year.
We invite you to start looking into your different goals with these tips in mind. Leave us in the comment how your goals work for you and if you have a different approach to setting them.
Devoted To Your Business Growth