SMART Goal Setting for 2010
Posted in My Journey on 05. Jan, 2010
One of the keys to success is setting goals. I believe it’s important to not only set your goals, but to write them down. There is a power in setting your intentions and solidifying them by putting them in writing.
An important step for me in this process is setting SMART goals – goals that are Specific, Measurable, Attainable, Realistic, and Timely.
Specific goals are ones that are clear and concise. Many people set goals like, “I want to make more money,” but that is not specific enough. Measurable means that your goal is specific enough that you can measure and manage your progress. Attainable and Realistic goals are those that are within your skill-set and ability to achieve. It’s important to note that setting goals that are unattainable and unrealistic will likely set you up for failure and be difficult for you to commit to. At the same time, your goals should push you beyond your comfort zone, challenge you, and excite you. And finally, timely goals are those that have a start date and a date of completion. All of my goals start NOW!
Here are my SMART goals for 2010 (and beyond):
My Ultimate Goal is:
To be debt free, to pay for my kids college educations in full, to become a level 5 investor, to leave both kids a piece of real estate when I die, and to live financially free!My Business Goals are:
1. To personally sponsor at least two Maakoa IBO’s per month.
2. To make Maakoa pay for itself within 90-days.
3. To advance to Silver rank in Maakoa by June 2010.
4. To advance to a level 3 leadership level in MLSP by June 2010.
5. To have my own LLC company by this time next year.My Income Goals are:
6 Month Goal: $5,000/mo ($165/day) ($60K/yr)
12 Month Goal: $10,000/mo ($329/day) ($120K/yr)
24 Month Goal: $ 30,000/mo ($987/day) ($360K/yr)
Notice how each of my business and income goals are specific and have a time-frame attached to them. You may also notice that my income goals are broken down into different time-frames and that they’re not just noted as “per month” incomes. I like to know what each monthly income goal translates to in terms of annual income as well as daily income. For me, knowing the daily income helps me measure my progress and when you see an income goal noted as a “per day” amount it usually doesn’t feel so overwhelming. Making $165 per day sounds completely doable to me… in fact, I’m sitting here wondering why I’m not there yet already!
Also, if you look at my ultimate goal its comprised of a few things. In order to achieve these goals, I’ve got to get my income levels up and continue to grow – both in my business and personally. I have some other personal and spiritual development goals as well, but right now I’m focusing on my business and my income.
What are some of your goals for 2010?
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My cousin recommended this blog and she was totally right keep up the fantastic work!
Thanks Darlena! I’m glad you enjoyed the post and hope you’ll come back soon
Thanks for an idea, you sparked at idea from a angle I hadn’t given thoguht to yet. Now lets see if I can do something productive with it.
Ah yes, that is the key isn’t it? Actually doing something with the knowledge that we acquire is the only way to succeed. Here’s to hoping that you set some SMART goals today!!
Many individuals rarely put down to achieve their objectives, or never set their goals to begin with, simply because they get a fear of failure or being rejected. Possibly they don’t truly feel that they will accomplish this, or perhaps they incorrectly believe that if they easily tell themselves what they want enough times, their ambitions will be fulfilled.
This is true to some degree, but there are also those who simply don’t know how to effectively set goals (or the power of doing so). Some fear failure while others fear success… you never really know what’s holding people back.
You got a really useful blog I have been here reading for about half an hour. I am a newbie and your post is valuable for me.
Thank you for commenting – I’m really glad you’ve found value here!