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Setting Achievable Business Goals

Guest post by: Betty Penny

Article Overview: Many in business think of setting goals as creating a better future with visionary results. We rely on our past experiences, new information and facts to help us set our goals. Setting goals sometimes goes beyond what we know to what our experience is, sometimes it is insight into what is possible. The best approach to setting goals is to envision short, medium and long-terms goals.

Setting Achievable Business Goals

Have you ever banked the client’s cheque, turned around and spent it in the same instance? You may be spending according to plan, but become concerned rather than elated worrying that you may burn through your limited resources too quickly. You realize that the best method to protect your finances is to set budgets. The same goes for business goals.

Many in business think of setting goals as creating a better future with visionary results. We rely on our past experiences, new information and facts to help us set our goals. Setting goals sometimes goes beyond what we know to what our experience is, sometimes it is insight into what is possible. The best approach to setting goals is to envision short, medium and long-terms goals.

Short-term goals are probably the easiest and least complicated of goal structures. They can be simple, such as; cleaning your desk off, finishing that special project or establishing a network in your office place. The reason we keep short-term goals simple is to allow us to achieve them easily and feel empowered by the accomplishment, as well as to move onto the next goal set for the business, the medium-term goal.

Medium goals are often established at around the six- month level. These goals can be a little larger I scope, such as: land ten new clients, work toward a vacation or have enough operating budget to buy new computers. Medium-term goals are usually harder to achieve which is why we take more time to accomplish them. These goals often require more research as well. They require budgeting and feasibility studies. Armed with projected sales figures and your current budget sheet, you can draw a map to these goals.

Results are what long-term goals are all about and are usually set at the one-year limit. Like a New Year’s resolution, we establish these early so that we can focus on achieving them. A long-term goal may be doubling your income by year’s end. It may be hiring another staff person in a year, or landing that one big client. The amazing thing about setting goals is that usually the long-term ones are the clearest to communicate. You want to keep this message clear in your mind, as it requires you to keep focused on it and set aside doubts, fears, and small thinking.

Once you have started the process of undertaking, your goals may need to be revised as you move along. If you can hold the vision of your company’s success with specific numbers and monitor your company it will continue to grow with results.

If you focus on the difficulties involved in growth, you only create more problems. If you hold the vision of success stronger than your own doubts and fears, you cannot help but be a success.

Goals set us apart in business. Instead of management by crisis, management by goals is the new philosophy. Goals need to be reinforced in order for them to become firmly rooted. Goals can be supported through a solid achievable plan. Then the true magic of business takes hold and we see our goals become reality.

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Article Tags: better future, business goals, setting goals



Related Forum Posts
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
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.
Re: How do you monitor what people say about you in the web? - Setting up Google alerts for your keywords can give updates about your site. Also the publicity you create in the social media sites will do help too
Re: What is Your Favorite Thing About Owning A Business? - 1. Not feeling like I have to get approval for anything. 2. Not feeling like I have to please anyone. 3. Not having to ask permission before I do something. 4. Setting my own hours. 5. Sounding really cool when I tell people I have my own business.
Re: Alexa Ranking Goals - Thanks GT! This is still the right post for Alexa Goals but everything else can go to Kevin's Mastermind post! Cheers!


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