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Thursday, June 9, 2011

Goal setting – An overrated activity?



Goal setting has been going on directly or indirectly since the dawn of time. Every living creature that has a purpose in life has some kind of goal(s). Your entire existence is lived pursuing one goal after the other. First, you want to grow up. Then you want to have your own car, girlfriend, etc. You then end up in University, after which you get a job, and then you get married. Next thing you know, you want a child…..and the cycle starts all over again. Get the point?
The quality of the goals you set play will play a huge role in the success or failure that you will experience. That is why your goals must be SMART.
You must be specific. The more precise you are about the desired objective, the greater your chances of actually attaining this.
Is your goal measurable? You have to establish certain indicators that will help you determine how close or how far you are from your goal. Time, money, profit, effort, milestones, changes and many other parameters can be used to measure your progress.
Be ambitious.  A goal without a challenge is not a goal. Let me give you an example. How hard is it to aim for a goal of watching 2 hours of TV per day? The example may seem a little far fetched, but think about it…
If your goal is to become a millionaire in 12 hours, then you could be setting yourself up for a major fall. Is that to say that no one can do it? Of course not! I’m sure someone can….that person is just not you! Learn to be REALISTIC. One day, you probably will be able to do this. There are already millions of people who do this kind of money in less time. Nevertheless, you are NOT YET there. Take things one step at a time!
Your goal needs to be time stamped. There needs to be a starting and ending point to all your efforts. You can have short term and long term goals, where you could be building something for your grandchildren. It all depends on your perspective of life.
Here are a few examples of how NOT to set goals:
1.                  My son HAS to be a lawyer:
While this is a very noble desire, the decision as parent is not for you to take. It belongs to your son. You can however have a goal to create a conducive and favorable environment that will facilitate this choice BY your son.
2.                  I hate my job, and I don’t want to work there anymore. OK, so what are you going to do about it? This is just a complaint, and a verbalized frustration…the real goal is what EXACTLY you are going to do, to change that reality
3.                  I want to be president of the United States in 3 years. Well, all I can say is……good luck! Yes, Obama is the first African American president, and that is indeed a remarkable achievement given the historical and cultural background of American politics. My question to you would be…  “Are you being realistic?” You, of course, are the only one who can answer this question.
4.                  I want to write a book! That’s great! What kind of book do you want to write? When do you want to do it? What action steps are you going to take to get the ball rolling?
Goal setting is not an overrated exercise. It’s really how you go about it that matters the most. Do it well, and you will have incredible success. Do it poorly and you will suffer the consequences!

What is your goal today? Is your goal to be financially free? If you are truly serious about this then CLICK HERE for more information

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