How to Set and Achieve Business Goals
if we decide we want to go in a different direction, we’re going to change the way we’re running our business; the way we’re running our lives. This is why we need to not only have goals, but rather smart goals that really help us measure our progress and track it. The S.M.A.R.T. acronym can help us create measurable goals.
The first letter is S, for specific. Too often people will have a very vague goal – I want to lose weight; I want to grow my business – but how much? By when? Adding a hundred thousand dollars of revenue to the top line is an example of a specific goal.
Your goal also needs to be something that’s measurable. In this case, if it’s money, it’s measurable.
If your goal is realistic and achievable, it is easier to stay focused and motivated.
The next one is the R, for results-oriented. Is it something that’s going to give a result to my business? Certainly growing the revenue by a hundred thousand dollars would be a good result.
The final one is the T, for time bound. Do I know when I’m going to achieve that goal? By the end of the first quarter? By the end of the second quarter? By the end of the year? What’s the timing? For example, “this year, I’m going to increase the revenue of the company by a hundred thousand dollars by the end of the year” would be a smart goal for my revenue.
Setting Long-Terms Goals
We need to set have short-term goals, but also long-term goals. Have I thought about what my overall objective is? Where do I want to be five years from now? What do I want to be doing in 10 years?
So this means separating the smart goals into longer-term goals, but also very short-term goals that are actionable right now.
One of the other things that often holds people back is that we don’t believe in ourselves. We don’t believe we can do things.
A tool that we can use for this is called affirmations. Affirmations are listing out, let’s say, 20 things that you really love about yourself. You like that you’re smart, you like that you are well-educated, you like that you are able to speak to people, or you like that you’re able to do detailed calculations. What is it that you like about yourself?
Write those down, put together a list, and then review that list either on a daily basis, one item a day, or the whole list every day. But keep that list front and center, because that reminds you of how amazing you are as a person.
Another tool that we have is visualization, or thinking about what’s possible in the future. How often do you take the time to sit back and really think about your future?
Taking a little bit of time each day, and visualizing what’s going to happen next month, next year, 10 years from now, is not only inspirational, but it helps set the direction. It points you towards where you want to be going. You know when you’re on the right path; you’re seeing the signs that are bringing you in that direction.
We also need to have action plans. Once you have those smart goals and you’re visualizing where you want to go, what are you doing now?
So often I see people that have hundred point lists and there are no priorities in there. What’s your priority list? Do you have a list – an action item list that helps you prioritize the most important things that need to get done today, this week, this month?
Focus on the Good and Your Goals
Now, once we have all these tools in hand, how do they work for us? Well, there’s a very interesting filter in our brain that helps us achieve these goals, and it’s called the RAS: the reticular activating system.
When you set goals, when you write down your affirmations and pay attention to them, and when you have your action plans, you’re training your reticular activating system to pay attention to the things that matter to you most. And the more you focus on the good things in your life, the more they grow. A famous Harvard professor once said “When you appreciate the good, the good appreciates.” So appreciate all that’s good in your life. Focus on those good things, your brain will help you do it, and you’ll be the success that you really want to be.