Setting Business Goals with an Action Plan [+ Goal Template]
Creating clarity and focus for you to grow your business is necessary – this is goal settings grand entrance.
Get your free business goal template to better position your business.
Without setting clear SMART goals, you could be leaving money on the table.
In this blog post we’ll go through the KYC GOAL setting process inspired by SMART goals:
- Declare your specific goals
- Stay on top and stay on track with benchmarks
- Small habits are formed in what you prioritize everyday
Declare Your Specific Goals
Maybe it’s one thing you want to focus on over the course of the year or maybe it’s three things. Whatever it is, it’s important to:
Define what the goal means to you and state exactly what you want to accomplish. During this phase of goal setting, you need to be extremely transparent with yourself and practice a strong sense of self awareness.
- This is a matter of putting emotions and opinions aside and focusing exclusively on the facts.
What is your mission in life?
Why do you want to accomplish this goal?
What does this goal mean to you?
- Establish a way to measure success and make sure your progress is able to be tracked.
How exactly will you accomplish this goal?
What needs to be done everyday, every week, every month?
- Identify a time frame that you believe is realistic and manageable. This can be over the course of the year or maybe it’s a long-term five year goal.
Stay on Top and Stay on Track With Quarterly + Monthly Benchmarks
Why are benchmarks important? Benchmarks help measure your ability to achieve your goals on time.
They display a level of skill but can also be used to indicate if you are or are not on track.
What’s worked before may not be working now.
If you are not continually hitting your BENCHMARKS each quarter, it’s time to evaluate your process.
Benchmarks can be thought of as “mini goals” that need to be accomplished in order to achieve your overall goal. Think of benchmarks as a staircase, you need to take the steps in between to reach the top.
Once you have your quarterly benchmarks created, break it down further with monthly benchmarks.
Example: If one of your TOP 3 GOALS is to grow your network, you may consider attending 12 networking events each quarter. That breaks down to four networking events each month.
Tip: Numbers are great when it comes to benchmarks!
Small Habits are Formed in What you Prioritize Everyday
When it come to crushing your goals and living the life you deserve it all comes down to:
Small Habits + Consistency + Stamina
That’s the not so secret, uber-overlooked, and underrated sauce. Small habits, consistency, and stamina, when mixed together, have the power to build momentum.
Your business is unlike any other, so you need to create a process that works for you and supports your lifestyle.
Example: If one of your TOP 3 GOALS is to create more lead generating content, you may want to think about options to streamline your process. This may include: dedicating 45 minutes each day to brainstorm ideas, using one piece of successful content to create multiple forms of similar content, or outsourcing extra help.
Challenge yourself to think of actions that will set you up for success and processes that will allow you to make the least amount of decisions everyday.
Get your free business goal template to better position your business.
CONCLUSION:
When you set yourself up to win, success is inevitable. It’s important to keep in mind that goal setting should act as a blueprint or roadmap and that perhaps the path may change.
However, your ability to take action, adapt, and track benchmarks will over power the forces of nature you’re up against.
Gentle Reminders
- It Takes a Single Thought to Change Your Life.
- Today Can Still Be Different.
- Believing in the Power of You Is a Skill
- Tomorrow Can Still Be Different.
- You Can Create Your Own Closure.
- There’s Still Time.
- You Can Always Try Again.
- You Are Not Defined by the Times You’ve Fallen but by What You’ve Done to Rise Again.
- Everything You’ve Ever Lost Has Set You Free.
- You Already Have What It Takes.