Specificity, Timing, Passion and Reality Are the Names of the Game in Setting Personal Goals

So you finally decided to go out on your own, to meet new challenges, to face the unknown, sounds scary does it not? Well...it is. But so what? You have already made it over the first major hurdle which was to actually commit to go out on your own and start a business, you have also made some goals to achieve in your new venture. The truth is that those goals will not be met unless you have some kind of specific objectives to achieve.

These objectives should be as specific as possible. Why? because the more detailed the objective is, then the easier it is to plan for, execute and measure the results. So make sure that you have a way to measure your objective otherwise these will be just blurry thoughts in your mind. I happened to skip this step in my first business start-up which was a bookkeeping service, and yes I am sure that was one of the many reasons it failed, I never gave thought to measure my objectives. Lesson learned.

You objectives should be realistic and something that you can actually achieve, maybe you are capable of earning over $10,000,000 in one year, but the majority of the people can not, so set objectives that are realistic, maybe reaching $3000 per month net income, or if you are used to earning $500 per month, then go for $600, or maybe a 10% increase.

Are you great at meeting your monthly objectives, or weekly objectives but somehow you never seem to reach your destination? Maybe you are not so good at creating long term objectives. Maybe you have great plans, man! you are a visionary, you have a clear view of how it should be in one, or even five years from now, and as time passes, somehow you just do not seem to get there. Maybe you need help in setting short term objectives. Both long and short term objectives are important. Just wanting to do something does not happen unless there is some kind of time frame.

Your objectives need to stir up your passion or they will not get done. If you set the objective to be "get enough deals to break even" then the question will always be, how much is enough?, a better way to set that objective is "get 10 deals to break even and 5 more to make a killing", those five more should make you enough money to take a break, or improve your business, or just put into savings for financial security.

So as you set objectives that are specific, time framed, passionate and realistic your path will not be as scary and will undoubtedly give you a boost of confidence.