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7 Steps To Effective Goal Setting

You don’t have to be a fantastic hero to do certain things – to compete.

You can be just an ordinary chap, sufficiently motivated to reach challenging goals.

Setting goals is one of the most commonly used training tools.

Goals can organize the competitors’ focus and endeavors towards achieving a specific task.

They also increase persistence and motivation for long term training.

Having a goal can help a performer find new learning strategies.

Unfortunately, people’s goals are all too often made incorrectly.

If you are interested in setting some goals, or even reevaluating your current goals, follow these seven steps for proper goal setting.

1) Define Your Goal

Ask yourself these questions:

– What exactly do you want to accomplish?

– What achievement would be worth your very best effort?

– What would you attempt if you knew it was impossible to fail?

– What would you go for if you knew this was your very last chance?

Make sure your vision is clear and powerful, one that you would follow despite whatever setbacks and failures that might arise along the way.

The goal has to be very specific (i.e. “My goal is to reach $1million revenue target in 2022”), rather than vague or general (i.e. “I want to grow my Revenue.”) so you can tell whether or not you have actually reached it.

2) Where Are You Right Now?

Carefully examine where you are right now in terms of your goal.

Have you been just “getting by” or do you train to reach the next level?

Are you willing to do things you may not want to do in order to reach your goal?

Identify when you fence your best and what creates that kind of situation.

3) Be Honest About What You Need to Do

In order to get where you want to go, you have to know how to get there.

What are your strengths and weaknesses?

What sort of situations do you thrive or deteriorate?

Identify at least one aspect in each of the following skill type categories that needs improvement: physical (i.e. Right Systems & Processors), tactical (i.e. develop a Talented Team), technical (i.e. Insights for decision making) and mental (i.e. higher confidence and Self awareness).

4) Formulate a Daily Improvement Plan

This is the most important step of the goal setting process.

Ask yourself, “What can I do on a daily basis to work towards reaching my goal?”

For each area that you identified in step 3, write out at least three or four specific actions that you can take.

Write them as “I” statements and in the present tense.

For example, if you need to improve your Revenues, you can list,

“I will focus on meeting my Top 10 customers for fifteen minutes, three times a week.”

You are more likely to follow that than, “I will make time to meet my customers.”

5) Make and Work on Short-Term Goals

The goal that you set in step 1 may take a long time to reach, perhaps months or even years.

Set short-term goals to keep you motivated throughout this time.

Achieving these goals will give you feedback on your progress towards your ultimate goal.

They should be process orientated, and reflect that achieving your goal is an ongoing process.

6) You Must Commit!

It is easy to say you’re going to do something- actually doing it is another story.

This is analogous to people who make New Year’s resolutions to lose weight; seldom people actually go through with it.

Second guessing yourself, missing opportunities and being hesitant will only delay your eventual success.

Keep reminding yourself to enjoy the journey along the way!

7) Monitor Your Process

Every day ask yourself, “Am I getting closer to my goal?”

Is your goal plan actually working or does it need adjustment?

If your answer is “I’m not sure”, then you are not really making progress.

Write down what your small success and lessons learned along the way, or make a checklist that charts your progress.

In times when it seems like your goal is too far out of reach, you can look at your progress list and visually see how far you have come, and how much closer you are to your goal.

Action Steps

If you want to Maximize your Profits and get Cash Flow under control, come and have a chat with CFO Coach today.

We will map out your unique roadmap and help you look for the opportunities to push for a sustainable Cash flow.

Get in touch with me to learn more by SMS on +260967924720 or email to Irfan.Sayed@cfocoach.co.zm or Visit www.cfocoach.co.zm

Alternatively you can choose your preferred date to set up a free 15 minute Power Discovery Call at your convenience by clicking the link – CFO Coach.

Check out other Valuable Insights in my articles page to help you take Action Today!