How to Set Great Goals

Unfortunately, not every goal is a good goal.weight so I feel better," say, "I want to lose 20 pounds
Goal-setting is a skill which can be broken down intoin six months so I can fit into my wedding dress (jeans,
three easily defined, concrete steps:bathing suit, etc.)." The more specific and detailed you
Brainstorm your big objective.make your goal, the easier it is to visualize and
What are you trying to accomplish professionally ormeasure your progress.
personally? Create a new product line? Cut costs?Here's another example. Let's say your goal is to
Streamline a process? Outsource some of youroutsource as much of your business as you can. Your
tasks? At this step, we're trying to get to your"Why" is to save you time so you have the ability to
highest-level goal, so when you name something, askcreate new products, so you can ultimately make
yourself, "WHY?"more money and quit your day job. You may state a
For instance, if you say, "I want to create a newsimple goal like "I want to outsource 50% of my tasks."
information product," then ask yourself, "Why?" YouOutsourcing is a worthy objective, but it's not a good
may answer, "So I can make money." That may seemgoal. Because your real goal is to save time, you want
like a logical endpoint, but don't stop there. You need toto define your goal in terms of hours. A better goal
go further.would be, "I want to outsource enough work so I save
Ask yourself "WHY" you want to make money andmyself 4 hours a day." This goal is much more defined
you'll soon find out that there are a variety of possibleand specific - and related to your higher-level objective!
motivators. You may hear yourself say something likeSet a time-frame for your goal.
this:What if your goal was to make $10,000 to pay off
- I want to make more money so I can quit my dayyour credit card debt. Do you want that money by
job.next year? Or do you need it by the time you retire?
- I want to make more money so I can take aWhat if you need it next month? Each of those
vacation and pay cash.scenarios will result in very different strategies.
- I want to make more money so I can pay off myAlso, putting a time-frame to a goal gives it an inherent
debt.sense of urgency. As you know, many of us don't
- I want to make more money so I can buy a Maserati.start working on a project until we have a deadline
Each one of these higher-level objectives is slightly(and we wonder where our kids get it)! Even when a
different, and is going to result in a slightly different goaldeadline is self-imposed, it helps motivate us.
or path to success. Knowing your "WHY" helps youGoal-setting isn't a scary, overwhelming, or extremely
determine your "HOW."difficult task. In fact, it's pretty simple when you break it
Define your goal in specific language.down into steps like this method illustrates. But it is still
It's not enough to know that you want to make moneypossible to make mistakes when creating and defining
so you can quit your day job. In order to set anyour goals. In the next section we're going to discuss
excellent goal, you need to know EXACTLY howmistakes in goal-setting, and what you can do to avoid
much money you want to make. Use losing weight asthem.
an example. Instead of the vague "I want to lose