Goal setting is very important. Having a goal list is one thing you should have as an entrepreneur, business owner, executive, or team member, regardless of whether they are short-term or long-term goals written or in their heads. If you are on the path to success, you need to understand the importance of goals and set them. Without goals, you lack focus and direction.
The importance of goal setting goes beyond taking control of your life’s direction; it also sets a benchmark for you to determine whether you are actually succeeding. Goal setting is a process that starts with careful consideration of what you want to achieve and ends with a lot of hard work actually to do it. Knowing these steps will allow you to formulate goals that you can accomplish. However, only a small percentage of individuals achieve them. Below are 4 golden rules of goal setting.
1. Set Goals That Motivate You: One of the most important aspects of setting a goal is motivating you. What this means, in essence, is that your goals have to be important to you, and you derive some value in achieving them. If your goals don’t interest you or you have little interest in your goals, the possibility of you putting in the work is zero to none. Motivation can not be overemphasized as it is the key to achieving goals.
2. Set SMART Goals: SMART goals are not a new concept to anyone. But do you always apply the rule? The simple fact is that for goals to be powerful, they should be designed to be SMART. SMART stands for many variations, but the essence is this – goals should be: Specific., Measurable, Attainable, Relevant, Time-Bound.
3. Set Goals in Writing: Writing your goals makes them more real and tangible. By doing this, you would not be left with any excuses as to why you didn’t achieve your goals. The physical act of writing down a goal makes it real and tangible. You have no excuse for forgetting about it. As you write, use the word “will” instead of “would like to” or “might.” For example, “I will reduce my operating expenses by 10 percent this year,” not “I would like to reduce my operating expenses by 10 percent this year.” The first goal statement has power, and you can “see” yourself reducing expenses; the second lacks passion and gives you an excuse if you get sidetracked.
4. Make an action plan: More often than not, this process is overlooked in goal setting. Your attention is focused solely on the outcome, and you forget to make plans for the journey. By writing out the individual steps and then crossing each one off as you complete them, you’ll realize that you are making progress towards your ultimate goal. This is especially important if your goal is big and demanding or long-term.
Setting goals goes beyond wanting; you have to take action and clearly define exactly what you want in the long run. Paying attention to how you set your goals helps you to achieve them. It may not be a smooth and easy journey, but you can get yourself there once you know how to get there! Following these Four Golden Rules of Goal Setting, you can set goals with confidence and enjoy the satisfaction that comes along with knowing you achieved what you set out to do.