- July 30, 2017
- Posted by: asad shaikh
- Category: Business Advice
Hands up if you’ve set your goals for next year. Great, I can see that many of you have. Now put your hands down if those goals are not written down.
Hmmmmm, that thinned out the crowd. Now-those of you with your hands still up-put your hands down if you haven’t written out each and every step that will need to be accomplished along the way to achieving those goals.
Hmmmmm, that’s what I thought.Most of you have goals which are really just dreams; some of you have defined goals but no way of achieving them; and a few of you have no goals at all and are adrift on the ocean, with no idea of where you’re going and no anchor.
Not good, but now that you recognize the problem, you can fix it. According to my business manager, goal setting is a powerful process for thinking about your ideal future, and for motivating yourself to turn your vision of the future into reality.
Once you set goals, you’ll be amazed how quickly people and events start aligning with what you’re looking for. For example, you’re thinking of buying a specific car. All of a sudden you see them everywhere. That’s because your mind filters out ‘white noise’ (what it isn’t interested in) but takes notice of what you’re interested in, aligning with your goals.
There is a saying; “People who don’t have goals are destined to work for those who do!”
This process of setting goals helps you choose where you want to go in life. By knowing precisely what you want to achieve, you know where you have to concentrate your efforts. You’ll also quickly spot the distractions that have been or will so easily lead you astray.
Over the years, many goal setting methods have been developed. I’d suggest you find the right one for you. One of the best-known and perhaps easiest to understand is the SMART model, explained below.
- S pecific – you have clearly defined what you want to accomplish.
- M easurable – you have identified targets and milestones to track your progress.
- A ttainable – your goal is realistic and manageable.
- R elevant – you have identified a goal that fits with your business model.
- T ime-Base – you have identified a specific period of time for the goal.
Before setting any goals, however, I would strongly advise you to think very carefully and choose wisely. Don’t set unrealistic goals and don’t choose too many goals- three to five will keep you focused. And don’t underestimate the time it will take to achieve each one.
Most people fail in achieving their goals because they dream big but get overwhelmed. So start doing small things every day to get one step closer to reaching your goal. This means, breaking each goal into mini-goals with deadlines. For example, rather than setting big hairy goals like earning $1,000,000 in one year and setting yourself up for failure, set achievable goals (with stretch) and once you have achieved that, set a higher goal. How about earning $50,000 within six months, $100,000 within 12 months and so on until you’ve achieved the $1,000,000.
Share these goals with your accountant, your business coach, mentor or a friend and be accountable. These small achievements will help keep you focused, motivated and give reasons to celebrate. Use a timeline for the mini-goals, like This Week, This Month, First Quarter, Six Months, Third Quarter, and One Year.
Goal setting has the potential to change your life. The longer you leave it, the further away you are from achieving your dreams. So get moving. There’s no better time to get your life on track than right now.