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The Importance of Setting Goals
What are goals?
Goals embody our dreams, desires and possibilities of exactly what we 'd like to achieve. When we reach a goal, we consider ourselves successful in that endeavour. When we fail to reach a goal, not so much ...
Establishing goals in life as well as business are crucial and can not be overstated! When you don't possess a concrete vision of exactly where you would like to go, exactly how do you recognize in which direction to move? How can you determine your progress?
Having a clear vision and determination of exactly what you would wish to accomplish along with a strategy to get you there will certainly bring on significantly greater success in all aspects of your life. The following will assist you to determine and build unmistakable, realistic goals and set you on the best path to attaining them.
Set S.M.A.R.T. goals:
Goals must be very specific. A clear-cut goal has a significantly greater probability of success compared to a vague, general one. Whenever setting your goals, it can be valuable to make use of the 5 W's as a guideline:
Who - is involved?
What - is it that I am trying to accomplish?
When - is the target deadline?
Where - will this goal take place?
Why - am I doing this? Think about reasons as well as benefits.
For example, a general goal might be "I wish to make $ 100,000"
A specific goal would be "I want to increase my sales and generate $ 100,000 by the end of December of this year"
You really should provide very particular criteria by which to gauge your progress. By assessing your progress you should remain on course and have a better chance of getting to target dates. This might also be a significant motivator to executing each goal.
Your unit of measure will depend on each goal. Working with the scenario earlier you might break the $ 100,000 down into the remainder of the year. This will give you a specific dollar amount which you are going to need to generate each month in order to arrive at your chosen amount.
Goals should definitely be lofty - but they should also be possible! Predicting as being out of debt within just one month would be quite improbable if you didn't possess the financial means to pay them down. Identify the goals which are the most significant to you and begin searching for the means to accomplish them.
Shrewd planning and an adequate time-frame in order to carry them out will definitely be crucial to your success. As you work towards them the goals which seem to be at first far away will move closer to you and you will start to see that you are going to prevail.
You need to ground each goal in what you are able to actually carry out. You must be willing to do the work and be able to carry it all out. Set your sights high - there's nothing more inspirational than working towards a strong vision.
You have to set your Goals to be carried out within a specific time-frame. It is essential to develop a feeling of urgency as this will help to motivate as well as fuel your desire to succeed. Claiming that "I wish to be totally out of debt in the next few years" seems quite different from "I want to have all of my credit cards paid off by December 1st". Working backwards from your end-date you will be able to specify 'sub-goals' that will aid you in fulfilling your overall goal.
... Goal setting using an action plan can ensure that our financial and life goals have a better possibility of success. Whenever deciding upon which actions to take, bear in mind: Those who fail to plan truly are planning to fail!
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Date: Sat, 27 Oct 2012 -
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