SMART Goal Setting

SMART Goal Setting…The Path To Success

SMART Goal Setting…The Path To Success

SMART goal setting.  Setting the right goals involves direction, decision and determination.

This is why SMART goal setting helps us answer important questions that’ll take us where we want to go (Direction). Which in turn help us make the right decisions on the road to achieving those goals.

When our goals fit our interests, values, needs, and capacities, then we will be even more determined to achieving them. So for the purpose of this site, We’ll give you our personal take on how we use this process to set goals.

1) Starting an online business and

2) Getting a local store or business online.

As you may already know S.M.A.R.T. means that our goals should be: S for Specific, M for Measurable, A for Attainable, R for Relevant, and T for Timely. This is pretty straight forward, right? However, we’ll give you business-specific perspectives on how you can use this process to set goals you can achieve. Ultimately, it’s you and only you who can make it work.

Types of business goals:

Regular work goals:

Operating more efficiently.
Improving the quality of the product or service.

Problem-solving goals:

These provide business owners an opportunity to define their major problems and to set a goal to solve each one. There is no danger of ever running out of problems; new problems or new versions of old problems are always present.

Innovative goals:

Because of the pressure for new products and new methods in today’s marketplace, innovation now gets much attention. Some even say: Innovate or die. Business owners should seek new and better production methods, explore better ways to serve customers and propose new products for the company.

Business owners will need to use innovative approaches to make the company competitive in a fast-changing national and international economic environment.

Development goals:

In setting development goals, you recognize the importance of acquiring new skills. As a business owner you should plan for the continued growth for yourself and of each employee, both in technical areas and in work relations with fellow employees.

Based on these types of goals for your business, you should make sure that each one is achievable. Let’s set goals that we can achieve. The S.M.A.R.T. acronym answers questions that’ll take us where we want to go step by step. So, this process demands that our goals are:

S = Specific: Decide exactly what you want.

Goals are Satisfying, Savvy, Sensible, Sharp, and Simple as a b c, Solid, Special, Straight forward, Suitable, and the Seed of a big tree. They are distinctive, unique, and exclusive. They belong to you. They have a purpose, and are better than ordinary.

What they need: They require for you to seed them, nourish them and then when they are ready, they’ll bloom.

The letter S word in the acronym answers the question What?:

Specific Goals

New Online Business

Online Presence for Local Biz

What do I want to do with an e-biz?What do I want to do with online presence?
What is my most wanted outcome (MWO)?What is my most wanted response (MWR)?
What do I want to achieve with my e-biz?What do I want to achieve with an online presence for my local store?
What do I want it to become?What do I want it to become?
What do I need to get it there?What do I need to get it there?
What should I give up in order to achieve this goal?What should I give up in order to achieve this goal?
What do I want to sell on my store?What do I want my customers to do once they arrive at the online portal?
Will I do it all myself or will I hire someone to do it for me?Will I do it all myself or will I hire someone to do it for me?

 

M = Measurable: You’ll know when you get there.

Smart goal setting when is measurable is: meaningful, motivating, palpable, powerful, predictable, worthwhile, clear, and determined.

The letter M answers the question How Much?

Measurable Goals

New Online Business

Online Presence for Local Biz

How much money do I need?How much money do I need?
What do I want to achieve with my e-biz?What do I want to achieve with an online presence for my local store?
How much time do I need?How much time do I need?
How much effort do I need?How much effort do I need?
What skills do I need?What skills do I need?
What software do I need?What software do I need?
How long will it take to start making a profit?How long will it take to do what I want the portal to do?
How much income do I want to earn from this business?May I generate an additional income by having an online presence?
How long will it take to make this business profitable?How many more clients that generate more business will I gain from having an online portal?

 

Smart goal setting requires that goals are also:

A = Attainable: It’s at your hand’s reach.

It is accessible, reachable, feasible, obtainable, actionable, adaptive, flexible, an ally, our anchor, appropriate, at hand, attracting, possible, practical, smart goal setting involves having a personal vision of what it should be and that it’s there waiting for me to grab it.

The letter A answers the question How?

Attainable Goals

New Online Business

Online Presence for Local Biz

How attainable is this goal?How attainable is this goal?
Is it realistic to pursue this goal?Is it worth it to pursue this goal?
What are the chances to succeed?What are the chances to succeed?
How easy/hard is it to achieve this?How easy/hard is it to achieve this?
How do I make sure this will work?How do I make sure this will work?

 

R = Relevant: It really matters to you.

It’s compatible and congruent with your lifestyle, personality, values, and interests. Smart goal setting is relevant when compels you to act.  If a goal is relevant and meaningful enough, then that´s what it”ll take to achieve it.  In other words,  this is what it takes to reach a goal.

It’s convenient, critical, determining, driven, far-reaching, fitting, happy, imperative, inspired, on target, opportune, propitious, realistic, reasonable, representative, rewarding, right for you, well-chosen. It’s so much so, that you feel great urgency and inner drive to do everything you must do to achieve it.

For me, the Relevant aspect in the acronym is the most importat piece that moves the S.M.A.R.T goal setting engine. It’s really the fuel that keeps this engine going non-stop. It’s the missing link in the chain.

The letter R answers the question Why?

Relevant Goals

New Online Business

Online Presence for Local Biz

Why am I doing this?Why do I want to have an online presence for my local business?
Does it matter?Why does it matter?
Why should I do this?Why should I do this?
How important is that I do this?How important is that I do this?
What’s the pay off?Is it worth it?
Do I really care about this?Do I really care about this?

 

And finally, smart goal setting requires that they are:

T = Timely: It’s well-timed.

It has a deadline, a due date, marks the time to do it, the latest time to finish doing what you need to do. Smart goal setting when it’s timely its bound by time to get to your destination.

The letter “T” answers the question When?

Timely Goals

New Online Business

Online Presence for Local Biz

When am I going to do this?When am I going to do this?
When will my e-biz be ready?When will my online presence be ready?
By when will break even?By when will I see a return on my investment ?
By when will I be making a profit?By when will I start making a profit??

 

Following this pattern will really help you advance towards achieving your goals. Also, keeping track is very important to remain motivated and finally get to your destination. Remember, it’s a process, and as such, it requires direction, decision, determination, and most importantly, patience.

Remember also that the SMART goal setting process means that sometimes you don’t make any progress. One of the things we need to accept when setting and pursuing goals is that it takes one step at a time. It’s a process…

We can’t rush it, but we can keep steadily moving forward. It’s also a one step forward–two steps backwards process. So, forget yesterday and look forward for tomorrow. Keep moving forward always.

Try to enjoy the ride. It’ll make things easier. Get the SMART goal setting process going for you by asking the right questions.

Pretty simple uh? So, are you ready to set goals you can achieve? Start today!

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