When embarking on any journey, you must first decide where you want to go. In business, goals represent the destination points along your road to success. They give you direction and focus. On the whole, goal setting creates a road map for you to follow, dramatically increasing your chances of getting to your destination.
Goal setting involves a certain amount of soul searching to uncover what you want from business and from your life as a woman. You should begin putting together a vision for yourself. In business this involves setting up provisions for your present and future financial needs, including finding a vocation, buying a home, providing for your children’s education, and securing your retirement. These are all things you need to think about when mapping out your business goals.
The following 10 tips can help you in your goal-setting process:
1. Evaluate Your Needs and Skills
First you need to select where you want to go. Next you need to determine the goals that will get you there. Use your computer or a pad of paper to write down your needs and skills. Your business needs should include everything you hope to attain, including employment, living situation, investments, education, retirement, spiritual pursuits, and any other particular needs. Your skills list should include your abilities and strong points that can help you attain your goals. The idea is to play toward your strong points while either avoiding or, in some cases, strengthening the areas where you are weak.
2. Create a Plan
Get an idea of what you want in terms of short-term, medium-term, and long-term goals. Make an effort to create a plan that satisfies your needs as well as utilizes your strengths in terms of business. Your goal attainment plan includes the basic steps you will need to take to achieve goal success. Your plan maps out the success route for each one of your goals. Without a business plan, it is much harder to maintain direction and set up your goals.
3. Write Down Your Goals
Writing down your goals makes them more powerful. It gives them definition and, as such, they give you a focal point that you can direct your energies toward. Begin by creating a document and writing down your business goals. The easiest way is to write a list of your goals as you think of them, without worrying about their importance or priority. Make a list of at least 25 business goals that you sincerely want to attain.
4. Prioritize Your Goals
Once you have a list of business goals, the next step is to organize them in terms of their importance. Goals that need to be accomplished first have more priority than ones that can wait. The idea is to list your business goals by when they need to be done. Immediate goals should be at the top of the list. Keep it simple by focusing on your five most immediate goals. Work on them first.
5. Set Time Frames
Since goals are destination points along your road to business success, each goal must have a time frame in terms of your overall business plan. Setting a time frame is what distinguishes goals from dreams or fantasies. It’s essential that your time frame be realistic. Otherwise your goals become unattainable and the process will frustrate rather than empower you.
6. Multitask Your Goals
When you have multiple goals that you are working on, it becomes necessary to multitask. This means you are continuously working on more than one goal at a time. Establishing a daily list where you write out the things you want to accomplish that day makes multitasking more manageable. Remember to keep your daily business goals to-do list short and to the point.
7. Take Risks
Every endeavor you undertake involves a certain amount of risk. Risk management is all about understanding and managing these risks. You should be ready to take risks when you need to to attain your business goals. At the same time, you should avoid taking unnecessary risks where you don’t gain anything.
8. Balance Work and Home
Balancing work and home is a major issue for women in business. Your business goals should improve your home life and make it so you have more rather than less time for your family. Setting business goals is a way of managing your business dealings so you are left with time for your responsibilities and pleasures at home.
9. Be Ready to Adapt
Expect the unexpected when setting your business goals. Sometimes your goals have to be adapted because of unexpected situations and events. This means women need to regularly evaluate their goals. If they are not working for you, adapt them so that they meet your needs. Always be flexible enough to tweak your goals to achieve better results. The better the results, the more you gain.
10. Believe in Yourself and Your Goals
It’s important to believe in your abilities and that you can accomplish your goals. Have faith in yourself as a woman and in your inherent worthiness. One way to do this is to write down the goals that you have attained. Every day affirm your personal power by reviewing your success list to remind yourself that you can deliver what you promise. Every time you actually accomplish a goal it empowers you. It gives you the momentum and energy to go out into the world and achieve more of your goals. As a result, you become unstoppable in your quest for business success.