Is your life stuck in the same pattern—you work day in and day out, but don’t see any significant monetary returns?
Setting self goals in business is the key to breaking out of that rut, and exchanging mediocrity for success.
Those who set clear and actionable goals make ten times as much as those who don’t, according to a study by Harvard.
Don’t settle for schemes that promise large returns by doing nothing. They are filled with empty promises.
Instead, focus on inspirational, aspirational, and optimistic goals that lead to success through hard work and a passionate drive.
Setting self goals in business starts with setting SMART goals
If you don’t feel like you’re succeeding in your business—if you’re living paycheck to paycheck—it’s time to make a change.
A strong goal triggers new behavior, and new behaviors lead to new results.
A great place to start with goal setting is the acronym SMART (Specific, Measurable, Attainable, Relevant, and Time-based).
Specific goals create a roadmap to success
To be specific, keep asking “what” and “how” questions. What do you want from your business? How will you achieve that goal? Ask until there are no more what and how questions left to ask. That is when you’ve reached a specific goal.
This trail of questions will be your roadmap to achieving your ultimate goal.
An example of a general goal is: I want to make more money
An example of a specific goal is: I want to bring in $300 more a week through widening my network.
Measurable goals prove you are moving forward
Drivers in the Daytona 500 NASCAR race drive the same 2.5 miles 200 times before finishing. Your goals can easily feel like a NASCAR race—circling back to the same point, despite all your time and effort.
The drivers in the Daytona 500 aren’t only racing to see who can make it past the checkered flag first. They are also racing for the best time on each lap. These milestones keep them motivated during the long race.
Measurable goals also have milestones to measure your success in the race to your final goal.
If your business goal is to widen your network, set specific milestones along the way—5 new connections by the end of this month, 10 new connections by next month.
Attainable goals guarantee you have a chance at succeeding
If you were to set the same goal, people would raise their eyebrows at you. Startup business goals will look very different from goals created by those who have been in an industry for decades.
While Instagram and Facebook paint desirable pictures of goals you might want, tell yourself to think realistically of goals you can achieve right now. Save the rocket launches and tropical second homes for later.
Some attainable goals include a healthy work-life balance, achieving more flexibility during your day, and generating enough secondary income to quit your 9 to 5 job.
This list of business goals is very broad. The goals are not meant to be copied word for word. Use them as starting points for creating your own SMART goals.
For example, ask HOW you will be a leader in your industry and WHAT you need to do to achieve that goal.
Make your goals actionable. How will you take a risk? Think of 3 to 5 risks you want to take over the next year. List the steps you will take, and how you will measure the success of each step. End with a deadline for accomplishing each goal.
Writing your goals into action
Do you have self goals in business in mind?
Don’t just let them simmer in your mind until the fire burns out.