GOAL SETTING IN BUSINESS
Setting goals is risky business. Depending on how you set your goals, they can elevate you or they can devastate you.
Like any tool, however, your goals can be powerful victory-builders. But be careful. If you set your goals too high, youíll quickly become frustrated and experience feelings of failure and the desire to give up. If you set your goals too low, you wonít be motivated to strive.
Though few people talk about it, there are certain tactics you can use to ensure that your goals significantly aid you in achieving success. Rather than simply be the measuring stick for your achievement, each goal will serve as a vehicle that gets you there. Here are ten facets to goal setting in business:
1. Be Passionate:
More powerful than any goal you ever set is the passion you have for what you want, what you do, and who you are. Find your passion first, then set your goals around that.
2. Be Realistic:
If your goal is to make a million dollars in one year, and you only make $500,000, according to your goal, youíve failed. Yet, youíve made $500,000! Isnít that a huge success? So why not set your goal at $100,000 dollars in one year, and beat it five times that year?
3. Be Value-Driven:
In the pursuit of wealth and satisfaction, many of us lose sight of our values and beliefs. Make a list of your goals, then a list of your values. If you canít directly associate each goal with one of your values, maybe you shouldnít invest your time in that particular goal.
4. Be Detailed:
The goal itself is almost never enough. The most effective goals are designed so that you know the goal, the date by which you will achieve it, the quantity by which you will measure it (is ďrichĒ $100,000 or $500,000?), and how it will change your life.
Start with the end result in mind, then work backwards. For example, if your goal is that your teenager confides all her secrets to you, the step before that has to be that she trusts you. To earn her trust, you have to listen, and allow her to tell you her mistakes.
6. Remain Accountable:
Find someone to hold you accountable to your goal, or create a system whereby you hold yourself accountable. An effective way to do this is to set a realistic ďdue dateĒ for each step in your plan, and then report to yourself or a friend how far youíve come in that step. These little goals are easier to measure and give the sense of accomplishment.
7. Have Fun:
Goals wonít do you much good if they just frustrate you and make you feel guilt or a sense of failure. Have fun with them, reward yourself, and when things get tough, take a break and do something novel and entertaining.
Many of us set goals we donít truly believe we can reach. Just think of the resolutions you made during New Years. Have you ever followed through on one of those? If your goal is to be healthy and fit, and you canít imagine being able to exercise every other day and stay away from chocolates, then you have to rework your goal into something believable for you. Otherwise, youíll only frustrate yourself.
9. Seek Support:
Most of us hate to admit it, but we often wonít achieve our goals solely on our own. Depending on the goal, you may need a professional mentor, a coach, a close friend, or an inspiring book. Donít always try to achieve your goals alone.
10. Don't Give Up:
What if you still donít achieve your goal? Donít give up. Maybe youíre concentrating too hard on reaching the goal and losing sight of why you set it in the first place. Not everyone succeeds by setting goals. If you try the above, and they donít work for you, then try something else. The most important thing is to be passionate and have fun. Youíll get there.
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