Goal Setting Power For Entrepreneurs

Hi!! In this post, I want to talk about Power of Goal Setting.

Introduction

Simply speaking goal setting is powerful means to achieving your vision and objectives.  From entrepreneurs perspective, goal setting requires analysis of resources as well as their capability.

Nevertheless, each goal has to be broken into significant milestones. Moreover, you should be clear how to measure the progress. You should be clear by when you have to reach your goals.

So understand this, goal setting is crucial because it will help you decide and focus on whats really matters to you.

If you don’t know what you want to achieve, then you can’t have clarity how to get there.

Goal setting is the first step in creating your plan. Rightly created, your goals will  help you overcome procrastination and realize your dreams.

Goal Setting Formula

So let me give you 3 step formula:

First: Always start with your objective. Then create long list of goals that can help you reach your objective. This will ensure that you do not miss out on any crucial step.

Second: Consolidate your list to top 4 to 5 key goals. Other elements of your list can be sub-goals / milistones. Insigificant pointers can be eliminated. This will ensure that your are focussing on most impactful goals to reach your objective.

Third: For each goal define milestones, and time frame to reach them. Have clearly identified performance indicators. This will ensure that your goals are objective and logical.

Do remember creating goals and planning is the right step in the right direction. Once you start reaching your milestones, it will pave way for better understanding. And it will transform you in ways that you might’ve never imagined.

So this is Mayank Bhargava signing off!! Till next time stay happy, stay healthy, stay profitable.

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