We hear the term “goals” way too frequently nowadays. So much so that it has led to confusion about its true meaning. Are resolutions and objectives the same as goals? Why is setting goals important? How to set goals that are actually achievable? The list goes on.
Put simply, a goal is an aim, desire, or dream with a deadline. Cambridge Dictionary defines a goal as “the act of stating clearly what you want to achieve.” In this blog, let’s take a look at how to set goals for success, whether personal or professional.
How to Set Goals for Success?
If defined well, goals can trigger new behaviors and help you focus on what truly matters. However, setting goals is only part of the process—working towards them is equally important. Start by following the steps outlined below:
Step 01 – Think About the Results
Before you set a goal, take a closer look at what you aim to achieve. Ask yourself the following questions:
- Is this goal something you genuinely desire?
- Does it align with your personal values and beliefs?
- Is it important enough to dedicate substantial time and effort to it?
Creating a long list of goals to tackle simultaneously can make it challenging to achieve any of them. Instead, use the questions above to identify which goals matter most to you right now, and focus on those select few. Remember, if you’re not willing to invest the necessary time, it may not be worth pursuing.
Step 02 – Set SMART Goals
Did you know?
Setting challenging yet attainable goals results in a 90% improvement in performance.
We all have heard of SMART goals before. But do you consistently apply them? The truth is, for goals to be truly effective, they need to be SMART. There is more than one interpretation of what SMART stands for, the core idea, however, remains the same—the goals should be:
Specific
Clearly define your goal. What exactly do you want to accomplish? Avoid vague statements and be as detailed as possible.
Measurable
Establish criteria for measuring progress. How will you know when you’ve reached your goal? Use quantifiable indicators to track your progress.
Achievable
Set realistic goals that are attainable given your resources and constraints. Ensure the goal is challenging but still within reach.
Relevant
Make sure your goal aligns with your broader objectives and values. Is this goal worthwhile and does it contribute to your long-term plans?
Time-bound
Set a clear deadline for achieving your goal. When do you aim to complete it? Having a time frame creates a sense of urgency and helps keep you focused.
Example
For instance, if you have a financial goal to save $5000 for an emergency fund, here is what your goal should look like:
- Save $5000 for an emergency fund.
- Set aside $200 from each paycheck.
- Adjust monthly budget to cut unnecessary expenses.
- Build a financial safety net for unexpected expenses.
- Reach the $5000 savings goal within 25 pay periods, or approximately one year.
Step 03 – Write Down Your Goals
When you write your goals down, there is no excuse for forgetting about it. Use assertive language. Instead of saying “would like to” or “might,” use “will.”
For example, say, “I will complete the project by the end of June,” not “I would like to complete the project by the end of June.” The first statement is assertive and confident, reinforcing your commitment to meeting the deadline, while the second statement lacks determination and leaves room for procrastination.
Bonus
- Frame your goal statement positively.
- If you use a to-do list, create a template that includes your goals at the top. This keeps them in sight and ensures they remain a priority.
- Place your goals in prominent places to remind yourself daily of your intentions. Put them on your walls, desk, computer monitor, bathroom mirror, or refrigerator.
Step 04 – Take an Action
Many people struggle with paralysis by analysis. They constantly recheck their work and doubt themselves. By the time they finally make a decision, it is often too late, leaving them to think that “life isn’t fair” or “I tried.”
Taking immediate action has two key benefits. First, it prevents fear and doubt from taking hold. Second, it creates momentum. Let’s refer it to as the snowball effect. Any plan starts small, like a snowball, but with consistent, well-thought-out action, it grows larger and more powerful over time.
“The journey of a thousand miles must begin with a single step.”
– Lao Tzu
Here is how you can take action:
Prioritize Tasks
Identify which tasks are more important and work on them first. I usually label my tasks as red, orange, and green.
Red ones are the high-priority tasks that need to be addressed on priority.
Orange tasks are of medium priority, important but not as urgent as the red ones.
Green tasks are low priority, tasks that are important but can wait until the more critical tasks are completed.
This color-coding system helps in organizing and managing tasks effectively.
Break Goals into Smaller Steps
Large goals can be daunting. Break them down into smaller, manageable tasks. This approach makes it easier to track progress and provides a sense of achievement as you complete each step.
Find Motivation
Establish a daily routine that incorporates dedicated time for working on your goals, and seek inspiration from books, podcasts, mentors, or peers who have achieved similar success.
Be your biggest supporter. Celebrate small victories and learn from setbacks. You can even share your goals with an accountability partner who can provide you with encouragement.
Step 05 – Set a Deadline
Using deadlines is the best way to beat procrastination. Use this formula to assign deadlines to your goals:
- Set deadlines for goals: Your overall goal should have a specific deadline. All actions taken to achieve this goal must occur within the time frame between the start and the deadline.
- Set deadlines for actions: Begin by establishing deadlines for the two highest-priority action items. By concentrating on these key actions, you can start making immediate progress toward your goal.
- Set consequences: Consider accountability strategies to support you as you work towards your goals and plan positive reinforcements for completing them on time.
And that is about it! Follow the five steps outlined above to set and achieve your goals effectively. Make sure to let us know your thoughts in the comments below or drop us an email.
Finally, before you go, always remember,
“Setting goals is the first step in turning the invisible into visible.”
– Tony Robbins