Goal Setting for a Successful Home Business

by Ian Canaway

The ability to set goals and effectively motivate yourself to achieve them are two essential skills that will help you achieve success in you home business.

To try and start a business without goals could be compared to throwing a baseball pitch, blindfolded in the dark. What would be your chance of getting your pitch on target? Never mind getting a strike-out. Unless you are very lucky it is unlikely that you will have any success without properly setting out goals.

If when you start your home business, in what ever field it maybe, if you have no goals and aim at nothing, is it not unlikely that you will hit nothing and achieve nothing?

To set effective goals there are a few things you need to know about yourself which will affect how you set your goals. You are affected by, the environment in which you live, your experience and knowledge, your attitude and dreams and visions for the future.

When you set your goals you need to decide what you want and when you want to achieve each goal. You should spend time writing down your goals and display them in a prominent position where you will see them daily to remind yourself to stay motivated and focused. Cross off your goals once they’ve been achieved, adding new ones to ensure your business keeps growing.

“Don’t set your Goals to low. If you don’t need much, you won’t become much”. - - Jim Rohn - -

I’m sure you will have come across the SMART analogy, with regards to goal setting. It contains the most important concepts to consider and adhere to when setting your goals.

Goals should be; Specific, Measurable, Achievable, Realistic and Time related.

For example it would be unwise to set a goal of making $10,000 in a week, it’s just not a realistic goal for the average person, unless you have a lot of experience and knowledge in your field or receive help from someone who has these attributes. When you failed to reach this goal your motivation would suffer and you might start doubting your decision to start your home business.

Before you start setting your goals I want you to write a list of all the things you want; whether it is a new car, watch, house, to send your kids through college or a successful home business, write them all down and say why you want them. When I did this I had a list the length of my arm and I’m still working through it 3 years on. By doing this it will help focus your mind and motivate yourself to succeed.

Now set your goals, they need to be SMART and you need to set both short term and long term goals, and also daily goals. One of the best techniques I use is to set 6 goals before I go to bed for the next day and prioritise them so I know clearly in my mind what I have to do the next day.

All successful people set goals and prioritise them in order of importance. Remember your time is your most important asset; you simply cannot afford to waste it.

We are what we repeatedly do. Excellence, then, is not an act, but a habit. -- Aristotle –

When you are in business for yourself, you are the primary motivating factor, if your truly want your home business to succeed you will do whatever it takes to make it happen.

By making goal setting a habit there is no reason why you cannot achieve excellence.