Why you should chart your business goals
A big part of running a business is setting goals and achieving those goals. As an entrepreneur, one of your main responsibilities is to get your business from point A to point B. However, doing so is often easier said than done. Only 5% of business owners reported that they achieved all of their business goals in the past 12 months.
So what is the solution? Achieving your business goals? According to a small study done by Dr. Gail Matthews At Dominican University in California, you’re 42% more likely to achieve your goals if you write them down and track them. Writing down your goals is the first step in tracking and moving towards them. The next step is to chart those goals
Charting your goals helps you narrow your focus on exactly what you want to accomplish. It plays a huge role in motivating you to complete the necessary steps to achieve your goals. By putting your goals on paper, you can strategize and figure out the best steps to reach success. When you don’t have a plan or even a clear destination, you don’t know how you can make your goals.
Figure out long-term goals
Start by simply thinking about what motivates you. If you work for something you are not passionate about, your chances of failure are greatly increased. Find out what is a high-priority in your life and create a plan to achieve it. Once you’ve determined what yours is Long-term business goals Yes, write them down. Long-term goals should not be something simple. It might be something you’re worried you’ll fail at, but it’s still realistic. Most importantly, you Long-term business goals Must be measurable.
“I want to be more successful” is probably the goal of most people, but how do you measure success? Does success mean more business, more revenue, or more clients? Success is relative, so you must define what that means to you.
“I want to increase my income by 10% by the end of next year” or “I want to get three new clients in four months” are measurable. You should also include a time frame for when you want to achieve your goal and it should be realistic. Setting a deadline helps keep you motivated and moving towards your goals.
Set actionable goals
Once you’ve determined your long-term goal, think about how you can achieve this goal in small, actionable steps that you can complete in the short term. You need to write 30-50 things to complete the goal. Creating short-term goals helps motivate you toward your bigger goals.
By setting small goals, you can see if you are on course for your larger goals and whether you need to readjust your plans and course of action. You won’t be able to achieve all of your goals overnight, so spreading them out and focusing on a few things at a time may lead to better results. Of course, your short-term goals may be unrelated to your larger goals, but they serve as a great confidence booster when you achieve your goals.
Don’t focus on resistance
Many times, when we set goals for ourselves, We are confused What is stopping us. “I can’t lose ten pounds this year, eating healthy costs too much” or “I can’t find new clients because I don’t have the time or energy to do it.” We focus on resistance, making it seem more difficult to achieve our goals.
Instead focus on the positive and what you can do. Review your short-term goals and see what steps can be taken today or this week and start getting yourself some momentum towards your goals. As you progress, you can begin to visualize your end goal and then you will have more success.
Use multiple methods
There are many ways to chart your business goals. You can choose a way that makes it easy for you to track them Or, you can plead different methods. The important thing is to choose a method that allows you to see your goals and even your progress.
You also want to make sure that you write down your goals so that you can easily see and remind yourself of them. For example, if you set goals and plug them into an app but never open the app, your goals may fade from your thoughts. This will create a lack of focus which can make it difficult to achieve your goals.
Here are a few ways to chart your goals:
- spreadsheet-You can create a spreadsheet using Excel, Apple Numbers, or Google Sheets If you don’t want to create your own, you can search for free goal-tracking templates.
- whiteboard-You can buy a large whiteboard for your office or workplace. Write goals on the whiteboard and update your progress daily.
- Goal Journal-There are also planners and journals available from retailers that focus on achieving goals.
Make it a habit
As the wise Aristotle once said “What we do over and over again. Excellence, then, is an act but not a habit.” Once you know what your goals are and what they are You must take steps to achieve them, do it and do it often. Wake up every day and first review your goals, make sure you are moving towards your goals. Once you get into the habit of working towards success, you’ll see it within reach.
It’s natural that you’ll find some days and weeks harder than others to stay aligned with your goals. Find a mentor Or a friend who can help you keep track of your goals and provide feedback on what your next steps should be. Sometimes, you may miss an obvious simple solution that is resolved when you take a fresh look at your plan. Having someone else hold you accountable can get you through periods of low motivation and productivity.
When writing down your plans and goals, it’s important to remember to stay flexible. When you inevitably encounter resistance or obstacles to your goals, don’t give up easily! When the unexpected comes up, change your plans and goals accordingly.
Although it may be difficult to let go of one of your objectives, try to spread that energy instead of pursuing other objectives that you are able to achieve. Writing down new goals can help you create a new action plan and adjust more efficiently.
Celebrate your success
If you don’t write down your goals, it makes it hard to know when you’ve achieved them. As you achieve milestone after milestone on the way to your ultimate business goal, it’s imperative that you reward yourself. What you want to do is up to you, but celebrating your successes can help keep you going Get inspired throughout your journey.
Without a plan, your dream is just a dream, just a dream. Writing down your business goals gives you the opportunity to find business success. Tracking your goals helps you see how far you’ve come and how far you still have to go. While writing down your business goals doesn’t necessarily mean you’re going to achieve them, it gives you a leg up on the competition and is a great start.
This article was first published in June 2018 but has been expanded and updated.
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