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Setting Goals for your Home Based Business

Guest post by: Moon Loh

Article Overview: You have left your regular full-life time job to spend time with your family, and start a business of your own. As a work at home you will face many challenges as you struggle to juggle between your business goals and family life. You need to make sure that you don’t end up spending too much time with your family and neglect your work, or vice versa.

Setting Goals for your Home Based Business

Before starting out on your home business, you need to be clear of what it is that you really want to do- what drives you to an extent that you are willing to invest your valuable time and effort in it? Once you have decided what you would like to do, the next important step is to set a business goal. As a work at home mom you will need to remain self-motivated; it is very easy to procrastinate work, particularly when there is nobody breathing down your neck, and asking you to deliver work on time. Setting realistic business goals will ensure that you perform and excel in your endeavors. If you as an enthusiastic and motivated work at home mom take your goal setting seriously, you are sure to go far with your home based business.

Goal setting helps you focus

When you set an everyday goal for yourself, you make sure that you have a well thought of plan for the day. Without planning your day, there are great chances that things will take their own turn. Proper goal setting is all about organizing your day in such a way that you give equal time to both your family and your work.

Fulfilling your dreams

Once you set a goal for yourself, you know for sure that you are on your way to realizing your dreams. To focus and concentrate on your business goals, it helps to know what your dreams are; even better if you can write them down. What is it that you dream of achieving 3 years or 5 years from now? Some work at home moms dream of buying a new house in the next 3 years after persistently working on their business endeavors. Working towards fulfilling your dreams will help you stay on track and give your best to your work.

Setting short-term goals

While fulfilling dreams are long term goals that you need to work at; you will also need to set a few short-term realistic goals. Writing down these goals on paper will greatly help in getting you to focus on your work. These short-term goals will help you plan your business goals as you go about achieving your bigger, long-term goals. For example, you might want to save a fixed amount of money every year to buy a new house. Setting short-term goals will take you in the right direction towards achieving your long-term business goals.

Setting very short-term goals

Once you have planned out your short-term goals, the next thing to do is to plan out your very short-term goals. This could involve your weekly or monthly targets. For example, if you run a home-based baking business; how many customers do you expect to get in a month's time, and how much profit do you expect to make within that time?

Reviewing your goals

After a few months of working at your short-term goals, make a review of your goals to check if they are realistic enough. It is important that you don't handle more than you can and end up over-burdening yourself. However it is also important that you make your short-term goals challenging enough for you to remain interested.

Setting goals for your home-based business sure is a great way to ensure that you consistently move in the right direction towards realizing your dreams.

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Article Tags: business goals, home based business, setting goals



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Re: Set goals that motivate you! - Sounds simple enough when you take it at face value, but what are goals? Are these short term or long term Goals, Are theses goal realistic, achievable? How to make them motivating Goals, What is motivation? Is motivation the same for all of us Hmm so many questions, so few answers. must a an article in this somewhere Btw (by the way) GT, nice Blog
Re: How do you budget your life? - Here is my financial management categories for today: 15% Long Term Savings; 10% Home Expenses; 45% Business and Marketing charges; 10% Friends (Meeting); 20$ Scientific and Law Books. But this will change when it is August or September. Orxan
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.


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