Setting Professional Goals For Wealth and Profit

As an entrepreneur, setting professional goals becomes the blueprint for your business

. Goals are what allow you to grow your business, and let you look back at how far you've come. But how do you set good goals? The S.M.A.R.T. acronym tells you how to write an effective goal.

Specific

A good goal is specific in what you want to achieve. You sometimes hear people say they want to make more money, but that is too broad. You need to say you want to make 25% more money. Give a specific number you want to reach so you know when you get there!

Measurable

Next, you want to be able to measure your progress toward your goal. Building on the 25% more money from above, you can measure that by determining how many more sales you need to hit that mark. Then you can say "I will close 15 more sales to make 25% more money." Now you have a specific mark, and you can check your progress toward it.

Attainable

It doesn't make any sense to set a goal that is impossible to reach. You have to decide on something that is within the realm of possibility for your abilities. If a goal is too far out of reach, you probably won't commit to doing it. In the context of our example goal, this would mean not setting the goal at making 150% more money. While that may sound good, it is better to take smaller steps and work up to that point over a longer time, and through multiple steps of goal setting.

Realistic

A realistic goal does not mean an easy goal. Realistic means a do-able goal. This should be challenging, but you should be able to see the path to get there. If we are trying to close 15 more sales to make 25% more money, there should be a plan on how to make those extra sales.

Timely

This is possibly the most important aspect of a goal. You have to set a time frame to achieve your goal. If you do not put an end date, it becomes easy to put off working toward your goal. Closing 15 more sales to make 25% more money within 60 days will light a fire under you to get you started.

When setting a professional goal, remember that it does not have to be set in stone. You do not want treat it as a joke, but keep in mind that goals are a tool. If you struggle to meet it, then change it a bit. Maybe 25% more money in 60 days is too much of a stretch. If you find yourself falling short, maybe lowering the percentage will help. Or, extend the time frame. Just set some goals and then practice attaining them. As you learn how to write a goal, it becomes easier to walk that line between too much and not enough.

If you found this post useful, or if you have questions, give me a comment! Also see my resource box for links to my blog site and HubPages site.

Setting Professional Goals For Wealth and Profit

By: Travis Baugh

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