Importance of Setting Goals Essay
608 Words3 Pages
The Importance of Setting Goals
Setting goals is the most important thing you can do in your life. Without goal's you are going to have no direction, no ambition to be successful, no drive to stay in school, and trouble finding a career that will provide for you. Without these three things, achieving your goals is going to be one of the toughest tasks in the years to come.
When setting direction to success you must make good choices on the path you are going to choose. The wrong path will put you somewhere that is going to take you off track from your goals. This path can lead to partying too much, getting lazy, and not going back to school. Not doing schoolwork is getting lazy. You must stay on top of schoolwork and not fall behind. If…show more content…
The drive to stay in school is another big part of setting goals. Without the drive to stay in school, you lose site of those nice things that can be achieved with hard work. Drive also motivates you to do the things that you don't want to do, but have to do them. Things like writing papers, studying for exams, and going to school during the summer. The drive to achieve your goals will help you through these tough times. Through the tough times, think about all of those goals you are trying to achieve, and how nice it is going to be when you reach them.
Finding a career that will provide for you can be very difficult if you do not follow the path to reach your goals. This is another reason to stay on track and work hard in school. Without your education, going into the work force and finding a good job that will provide for you and your family can be very hard. Most jobs require school degrees and sometimes certifications that require many hours of work. Without the degrees and the certifications, advancement in a job is sometimes impossible. Without advancement in a career, it is very hard to reach your goals of making that big salary, and having all of the enjoyable things in life.
My first year of college I didn't realize the importance of setting goals. After my first year in college, having a good job, and seeing other people that did not make such good choices, I have
Goal Setting Definition and Examples
Strategies for Successful Goal Setting
Goal setting is the process of deciding what you want to accomplish and devising a plan to achieve the result you desire. For entrepreneurs, goal setting is an important part of business planning.
This goal setting definition emphasizes that goal setting is a three part process. For effective goal setting, you need to do more than just decide what you want to do; you also have to work at accomplishing whatever goal you have set for yourself - which means you have to create a plan so your work gets you where you want to go.
For many people, it's the third part of the goal setting definition that's problematic. They know what they want to do and they're perfectly willing to work on it but they have trouble creating a plan to get there.
The undirected effort might help you accomplish what you want to do if by some fluke you do the right thing at the right time. Usually, it doesn't. And then, because you're not getting any results, you quit working at whatever it is and give up on whatever goal you've set.
So for successful goal setting, the first thing you have to do is close the gap between the end result you want and where you are now with a plan.
What's the Difference Between a Personal Goal and a Business Goal?
Business goals and personal goals have different purposes (business goals aim to improve your business rather than some aspect of your personal life) but there's no difference in the goal setting process.
The same goal setting formula and strategies that works for business goals will also work for personal goals - with the one difference that applying the strategies that are often used to set business goals will give you greater success with achieving personal goals than is often the case.
Business goals are typically set on an annual basis and should be aligned with your long term goals.
For example, if your five-year plan is to increase sales by 100% then at the beginning of each year you might set a goal to increase your sales by 20% for the current year. Your goals should be worked into your business plan and (in this case) your sales forecasts.
Throughout the year, you might have weekly, monthly, or quarterly sessions where you review your progress towards the annual goal. Writing down the results is essential for staying on track when you're working towards achieving a goal.
At the end of each day, you should review what you have accomplished for the day and think about what you would like to achieve on the following day. Preparing a to-do list for the next day each night is an excellent practice that will help keep you on track.
Whether you prefer to do it at night or in the morning, Daily Planning is a highly recommended way to increase your business success. Regularly reviewing your progress towards achieving your goals and your goals themselves keeps you focused and motivated.
Strategies for Goal Setting Success
The easiest way to set yourself up for goal setting success is to use a formula for setting goals that incorporates a strategy for accomplishing the goal.
(See Goal Setting: The First Step to Achievement for details.)
Another way of ensuring that you have a good shot at actually accomplishing the goals you set is to make sure that the goals you set follow the SMART acronym and are:
- Specific - For example, I want to increase my business revenue by 30% this year.
- Measurable - "Increasing sales" or "reducing debt" are measurable goals, "working harder" or "increasing my personal satisfaction" are vague and difficult to measure. Putting your goals in writing helps to keep you focused and see how much progress you've made towards your goals at the end of the defined time period.
- Attainable - A goal should be challenging but attainable. If your business is a lumber yard, overtaking Home Depot in sales is not a reasonable goal!
- Relevant - Goals should be aligned with your long term plans. If your long term plan is for your business to attain $200,000 a year in sales your short-term goals should directly relate to achieving this.
- Time-Bound - Without a specific time frame for your goals they can't be properly measured. A goal should contain a time limit (e.g. "by the end of the year I want to increase sales by 20%").
I hate to wreck a good acronym, but I think it's important to add an 'E' for engaging when goal setting. If a goal isn't engaging to a person, they're not going to have enough internal motivation to work to accomplish it.
Examples: Once Craig learned how to set specific goals, he found his goal setting efforts a lot more successful as he actually accomplished what he set out to do.
10 Goal Setting Tips for Setting Goals You Will Achieve
Create a Business Action Plan
How to Write a Mission Statement in 3 Easy Steps
How to Write a Vision Statement