Smart women understand that setting clear goals creates a roadmap to be followed and drastically increases the chances of success in business. No matter where you are in your business cycle, the success of your business depends on the long-term and short-term goals you have set and how a roadmap to get there. What goals have you set for your business? Better yet, what actions have you taken to implement them? If you are not sure, here is 5 P for a successful goal.
Setting a goal is not the most important thing. It determines how you want to reach it and stay with that plan. “Tom Landry, football coach
Why is passion an important ingredient in business? Starting and running a business is extremely challenging. It takes endless time and attention. When you absolutely love what you do, you will be able to face anyone uphill to overcome difficult obstacles as you work your way to the top. This passion allows you to see your goals to the end.
Women are notorious for putting others first, especially their family and business. Unfortunately, it often causes stress, exhaustion or illness … if you are not careful!
To take care of you should be a priority! When setting your goals, it must first be about you, and then your family and business. Ultimately, you have control over ‘how, when, where and why ‘ to achieve your goals. Your goals need to be customized, personally and professionally.
If you take a drive and do not plan your route, how likely are you to reach your particular destination? Just like planning your route is critical; deciding what goals you want to implement and creating a plan to review and measure progress are also.
Your goals must be specific and achievable. Simply saying that you want ten new customers in the next six months is not enough? A good way to measure your progress is by implementing SMART goals. SMART Goals are a simple tool used by companies to formulate an action plan for results. SMART illustrates the 5 characteristics of an effective target:
- M – measurable
- A – achievable
- R – realistic
- T – timely
Persistence is the key to success in business. It is the ability to remain steadfast when faced with adversity or resistance. Achieving your goals requires consistent action. It’s easier said than done … but you have to stay persistent and push ahead! If you make a habit of tracking your progress and results so you can see how closer you are with each step forward.
For example, instead of setting a goal to increase your presence on the Internet market, you can specify several specific ways you plan to do, such as:
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In the end, people are in business to make money. This is extremely important for the health of your business. As a new or growing business, you need to be careful about your finances. Some experts suggest reviewing your profit and loss statements, balance sheets and cash flow reports on a monthly basis. In addition, hiring a CPA or bookkeeper can be a wise investment.
Evaluate your current spending and set goals that take into account your short and long term financial goals. Here are 4 useful tools:
- Goals on the Track – This goal tracking software does so much more than just help track your goals. It will help you prioritize, visualize and stay focused on what matters most.
- 43 Things – An online tool that helps you track your goals as well as motivate you through fellow member recommendations.
- Joe’s Goals – A user-friendly and extremely effective online tool that is good for tputs your daily goals at stake.
- Lifetick – a web-based software that brings together goals and achievements that you’ve never seen before through its intuitive and easy-to-understand process.
In conclusion, the goal is crucial to remain successful and competitive. Your goals are extremely crucial to your roadmap to business success!