In this segment, we are going to be looking at business planning. Today we are going to be looking at SMART goals. That stands for:
Specific, Measurable, Attainable, Relevant, Time-Bound
So in other words, make sure your goals are specific and locked into a deadline. And decide how you are going to measure them and how you will know if you have reached them or not. And make sure they are achievable and relevant to your business.
You can do this in a number of ways by doing it on paper or you can use software like mind mapping on programs like MindGenius where you can then set up your SMART goal visually and then link them into tasks in your calendar.
Another key thing in setting SMART goals is identifying your milestones. You reach large, overarching business goals by setting smaller sub-goals along the way. It can be very very overwhelming when you look at your whole goal and go that is a lot of work to achieve. However, when you break it down into milestones it is these milestones that get you to your destination. Not only do they give you direction but are going to be telling you what needs to be done and when on a daily basis. They will give you a sense of achievement when you reach them and keep you motivated to keep working towards your goals.
So today I want you to sit down and write down what your SMART goals are for both life and in business then work out a 12-month plan. Then break that down into month by month segments, day by day goals. Those day by day goals are going to be the milestones that allow you to get to your SMART goals for 12 months from now or 3 or 6 months. It could be a holiday or you want to open a second office. It could be you want to start your new business venture.
So today – SMART goals!