Entrepreneurs, It’s Time To Live Your Best Life Today (Part 3)

photo credit: littledan77
When I was planning to write the introduction to this article I was reminded of a story about goals that I read in Mark McCormack’s book, “What They Don’t Teach you At Harvard Business School“. This story is so relevant that I would like you to read it before you read the rest of this post (Read Goal Story).
Write S.M.A.R.T Goals
It is not enough for me to encourage you to write goals for your personal and professional life. I must encourage you to write S.M.A.R.T. goals. If your goals are S.M.A.R.T. you are more likely than not to achieve them. All your goals should meet each standard. If they don’t, they are more wishes than true goals.
Specific – Clarity in your goals is important. What specifically do you want to achieve? Be specific.
Not good: I want to be rich.
Good: In 5 years I will have multiple profit streams that total $20,000 per month.
This latter example is clear and it gives you a specific target for which to aim.
Measurable – Your goals also need to be measurable. They need to be measurable for two reasons: (1) You need to know when you have achieved the goal; (2) You need to know if you are making progress towards your goal.
Example: I am writing a 150-page book on setting and achieving goals by December 22.
Attainable – I want to be careful with this one because people usually err on the side of not thinking big enough instead of thinking too big. Think big but to give yourself enough time to achieve the goal or break the goal down into manageable chunks. I know this is a little different from what some folks say but all the big achievers say it is important to think big. Don’t sell yourself short but at the same time don’t set your goals so big and your time period to achieve them so short that you become discouraged and quit. As in most things balance is important.
Relevant- Make sure the goal is your goal. It should be relevant to you. This is where the why comes in. In his book called “ The Millionaire Real Estate Agent: It’s Not About the Money…It’s About Being the Best You Can Be!“, Gary Keller has a great section discussing the importance of your Big Why. Here is an excerpt:
Above all else, we’ve discovered that one thing all high achievers have in common is they are working for a Big Why. The Big Why is about having a purpose, a mission, or a need, that in turn gives you focus. High achievers always have a Big Why powering their actions.
It is important to have a Big Why because it pulls you through the difficult times. Why are you setting these goals? Thinking about this also helps you identify your true desires. Your true desires are your allies.
It is also important that you determine that your goals are really your goals and not another person’s goals for you. Really think about this because you want to make sure you are living the life you want and not the life someone wants for you.
Time Sensitive – A goal must have a date of completion. Lack of a time constraint usually leads to procrastination and unrealized goals. In fact, you should think of each goal as a project. It should have a definite start date and end date, as well as some measurable milestones along the way.
Other bite sized insights
Obstacles -When writing your goals you should also include any obstacles you think you may run into and think about how you will get around these obstacles. Don’t just think about external obstacles either. Think about things that you have done in the past that has kept you from achieving your goals. How can you overcome these obstacles this time?
The beliefs behind the goals – Your beliefs may keep you from achieving your goals. This can cause you to sabatage yourself. Take a look inside and see if you really believe you can and should reach this goal. If not, then determine why and eliminate this factor. Most times it is an irrational fear or lack of understanding that is holding you back.
Resources – It is wise to identify any resources you will need to meet your goal. Think about the people resources, financial resources and knowledge you will need to achieve this goal. Now don’t get discouraged or overwhelmed if all of the resources you need are not readily at hand when you write the goal. There is something wonderful that happens when you, with persistent determination, go towards a positive goal. It seems that all heaven’s resources come to help you move forward.
I encourage you the write your S.M.A.R.T goals today. As always I welcome your comments.























