Setting Realistic Goals

You must be realistic and honest with yourself. If you set goals that you can't possibly reach, you are setting yourself up for failure. You will make yourself frustrated and unhappy. The key here is a realistic and honest assessment of your potential. Although most people will be unnecessarily harsh in their assessments, it is easy to become too hopeful when you start breaking down barriers. If, for instance, you're extremely interested in and fond of music and would love to be a singer, it would be unreasonable to set a singing career as your goal if you can't sing a note (some talents are inborn). But if you are knowledgeable about the music business and would be happy being involved in some other capacity, then it would be reasonable to pursue a career in the business. Be wary of making otherwise perfectly reasonable goals unattainable because of stringent time frames. When you set a goal, you will most likely set times for achieving certain steps along your way to achievi…
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4 Things to Keep in Mind When Choosing What Goals to Pursue

If you’ve embraced the wonderful practice of setting goals for yourself, kudos to you—but a new challenge can often arise when we start picking too many goals. Here’s a way to sift through the stars and find which ones to reach for.

Think about the biggest picture possible. Sit down for a little reflection, journaling, and exploration of who you are as a person and what matters to you. Try making a list of your ten most important values. Once you’ve done that, think about what you want more than anything else in life, and write that down.

Keep it short, sweet, and to the point, in one sentence—no more. You’ll be amazed about how having clarity on the big picture will help you sort through your goals and find the ones that matter.

Think about your budget and compromise accordingly. When it comes to goal setting, it’s important to think about the constraints you face and be realistic. If you’re holding down a nine-to-five gig within the median salary range…
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Setting Realistic Goals

You must be realistic and honest with yourself. If you set goals that you can't possibly reach, you are setting yourself up for failure. You will make yourself frustrated and unhappy. The key here is a realistic and honest assessment of your potential. Although most people will be unnecessarily harsh in their assessments, it is easy to become too hopeful when you start breaking down barriers. If, for instance, you're extremely interested in and fond of music and would love to be a singer, it would be unreasonable to set a singing career as your goal if you can't sing a note (some talents are inborn). But if you are knowledgeable about the music business and would be happy to be involved in some other capacity, then it would be reasonable to pursue a career in the business. Be wary of making otherwise perfectly reasonable goals unattainable because of stringent time frames. When you set a goal, you will most likely set times for achieving certain steps along your way to achievi…
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How To Work Backwards To Set Your Business Goals

Today I want to share my thinking process for setting smart business goals with you. I like to work backwards from a financial goal to daily to-do lists. Here’s how that works. It always starts with a money goal. It helps if that goal has a meaning beyond the dollar figure. For example, let’s say that I want to buy a new car. The payment is around $400. To account for things like taxes and just to be safe, I’ll bump the goal up to $600. In other words, I need to add an extra $600 (or more… more is always better) to my monthly bottom line. Once that’s done and I am seeing that level of income on a regular basis, I’m ready to order my new car. Once I know how much money I have to make, I can start to think about different ways to do just that. I could find more customers for one or several of my existing products. For example, if I have a $10 eBook, I would have to make an extra 60 sales per month. From there I can work backwards. If I know that on average one out of 10 em…
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Why You Have To Write Your Business Goals Down

The importance of writing your goals down. For one, not doing so makes it easier to forget just how important those goals are. But, there’s a lot more to it and there are some very important reasons why you have to write them down. In this blog post, I’d like to share my thoughts on goal planning and setting with the overall goal being to inspire you to write down your own goals going forward. By the way, this works for any type of goal, not just the business ones. The simple act of setting a goal, even if it’s just in your mind, doubles your chances of success. That’s a pretty big deal in itself, isn’t it? If you take it a step further, and actually write those goals down, you’re 10 times as likely to succeed. Read that last line again please. That’s right…you can increase your chances of making it by 1,000%. That’s mind-blowing. There are a few different mental and psychological processes going on here that start to give us a glimpse into why it is so important and …
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