Are you getting ready for the New Year and have prepared your business plan to set yourself up for success. I’m sure you’re excited about the vision you have for your business for the coming year. I want to help you bring that business plan alive and keep it activated throughtout the year. The best way to do that is to write down the business goals you plan to achieve next year. Your goals will steer you in the right direction.
The last thing you want do is have your vision of the future sitting on the desk collecting dust and nothing you planned comes to fruition.
You want to write down some S.M.A.R.T Goals
S – Specific. Specific goals focus your energy and attention. The more specific your goal the more focused is your attention to achieve your goal. What do you want to accomplish? What are the benefits to attaining the goal? What do you need to do to accomplish the goal? Try to use action words such as organize, do, launch, develop, build, create, write; to develop a specific goal.
For example, suppose you set a goal to get more clients. More specific goals that focus your energy are to get 100 new clients by March 31.
M – Measurable. Measurable goals establish concrete criteria to measure your progress. How will you measure your specific goal? If you can’t measure the goal then how will you know that you have achieved your goal? You need to ask yourself questions such as How much? How many? When will I know when I have completed the goal?
For example, rather than setting the goal that you need to increase your revenues, transform your goals into measurable goals such as ” to increase revenue by 25% by June 30th”.
A – Achievable. How are you going to reach your goal? How are you going to achieve your goal? Have you put in place a clear action plan to achieve your goal?
For example, if want to increase your sales by 25% you may have an achievement strategy of offering a new service and/or product or targeting new clients.
R – Realistic. Are you willing to commit to the goal? A SMART goal that is realistic does not mean easy, but rather, whether the goal is within your capabilities and satisfies your needs and desires. One of the common failures of goal setting is that people set goals that are too hard or are too easy.
For example, if you have just started your business, it is unrealistic to have a goal of reaching 7 figures in 30 days.. This will just set you up for failure.
T – Time-based. Setting a timeframe for you goals sets the priority of the goal.
Does your goal need to be achieved by tomorrow, next week or next year? Whatever your goal, make sure that you have a timeframe that you can work towards. This creates a sense of urgency to take action today! Again, SMART goals are those with timeframes that are realistic and achievable.
Question: Are you writing down SMART goals to achieve your business goals for the New Year. Let me hear about them in the Comments below.