goals.resolutions

Do’s & Don’ts for Setting Goals

Now is the time when many of us reflect on this year and begin looking forward to what the new year may bring. Take the time to acknowledge your accomplishments and maybe some lessons too. It’s important. But then move on — and focus on what is ahead of you. It starts with setting goals.

Whether you own a business or work for someone else, setting business, professional and personal goals pays off. 

7 Do’s & Don’ts for Setting Goals

Do Write Them Down & Keep Them Visible.  Your goals clarify what you want or a desired outcome.  If you are truly committed to achieving them, put them in writing and keep them visible so you view them often.  Whether that be daily, weekly or something else – don’t set them and forget them!

Don’t Go Overboard.  Since goals help keep you focused, too many can mess you up.  Keep the number of goals manageable – and set them for all areas of your life and business.  I recommend 4-5 personal goals and no more than 5-7 critical business goals. 

Do Be Specific.  As they say, vague goals create vague results. A goal like earn more money (which most people want) is too general to propel you to act. If you want to earn $100,000 next year, say so. Put it in writing. Now you can focus on what you need to do to achieve it. 

Do Make Them Measurable.  Goals are accomplished over time — so you will want to monitor your progress and stay on course. Quantify goals so you can track how you are doing. What we measure, we can achieve so build measurements into your personal or business goals.

Measurements can include actual results or improvement percentages — whichever works best for you. Here’s a few simple examples to demonstrate measurable goals:  Lose 20 pounds, Increase salary/wages by  20%, Arrive home by 6:00 pm, Read 2 books per month, Hire 2 new employees, Increase customer base by 10%.  

Do Set Deadlines.  All goals are not created equal.  Some are more critical.  Some take more time.  Some are contingent on others. Establishing due dates for your goals and related actions helps you prioritize what is important and creates urgency to get it done.  Deadlines also help you avoid procrastination.

Do Think Bigger.  Set goals that are challenging but realistic given the time-frame you establish. Get out of your comfort zone and put some stretch in those goals — so they actually excite and motivate you to take the action to achieve them.

Don’t Ignore the Why.  When setting goals, ask yourself “Why is this important to me?”. Know the motivation behind your goals to make them more meaningful.  Why do you want to earn 20% more this year or be home by 6:00 pm?  The why is often what really drives you — to keep going throughout the year. 

Goals without actions are simply dreams.

Nothing will happen until you take action. So once you identify your goals, take a few minutes to jot down what you need to do in order to accomplish them. Some goals require more tasks than others, but your road map to success requires you to take action.

As a final thought, share your goals with someone who has a stake in your success. Accountability goes a long way and can be the ingredient you need to put you over the top!

Attention Business Owners. Do you struggle with putting your goals together and developing a road map for success? Then check out my Ultimate Guide to Action Planning. This step-by-step guide will put you on the right path.

Get Started. Stay On Track

Do you want your business to take a major leap forward next year? To get off to a quick start and stay on track? Then my accountability program may be just what you need. More than accountability, this program provides business owners with structure, another set of eyes and practical advice too! And it all starts with setting goals. Click here to learn more or contact me directly.

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Can Goals Create a Balanced Life and Better Business?

Can goals create life balance and better business?Vincent Van Gogh got it right when he said “Great things are done by a series of small things brought together.” And that’s all goals are – a series of steps or outcomes you need to accomplish over time to achieve great things!

Goals provide focus, direction and movement.  They act as milestones along the way to help you measure progress.  As a result, experts will tell you to apply the SMART principle:  make them Specific, Measurable, Achievable, Relevant and Time-framed.

Great advice especially the one on relevance.  How do your goals fit with your vision or purpose – the bigger picture? Will they help you create a better life or business?

Goals Create Balance In Life & Business

For a balanced life, your personal goals should cover important areas of your life such as financial, career, education, family, relationships, spiritual, health, social, cultural and/or community.  Pick a few that are important to you and decide what you will DO to improve those areas.

The same applies with your business. You need balance to create a business that works FOR you.  So your business goals should include all the core areas that help to drive success: products and services, revenue, operations and systems, people, finance – and personal development. It will put you on the path to building the business YOU want – one supports the lifestyle you want.

So, now it’s your turn.  Take a look at the goals you set and make sure they are relevant and balanced.

If you haven’t put your goals in writing, now is a good time to begin.  For each area of your life and business, start by answering these three questions:

  • WHAT do I want – HOW MUCH, BY WHEN? In other words, what does the expected outcome or result look like and when will it be accomplished or completed.
  • WHY is it important to me? This is the motivator behind your goals. For example, higher income provides the means to something you want to be, do or have. Working fewer hours may give you more time to pursue other activities. If you want to achieve more goals, build in some powerful motivators.
  • HOW do you plan to achieve it? What do you have to DO in order to achieve your goal? This is the action or doing part.  Remember, goals without actions are nothing more than dreams or wishes!

If you want to accomplish more this year, make the commitment to take action and share your goals with someone — an accountability partner! According to Bob Proctor, “Accountability is the glue that ties commitment to results”.

Would you benefit from an accountability partner?  Click here to learn more.