As we reach the end of the first month of 2017, the realization that 4 of 5 New Year’s resolutions have already been abandoned makes this a good time to look at goal setting, a theme we’ll undoubtedly visit regularly.
First, it must be said, there are some people for whom setting goals is a waste of time. These folks are simply happier using a “fly by the seat of the pants” approach, responding to the needs of the moment spontaneously and with little planning. That said, the folks who are successful doing this are in the minority and, if you’ve used such an approach in the past without success, it’s time to realize you’re not one of them; meaning – it’s time to get serious about setting and achieving goals, if you wish to be more successful.
Basics of Successful Goal Setting
Effectively setting and reaching goals requires some practice, a bit of foresight, the acceptance of reality, and is values-based. And yet, goal setting is NOT like going to the grocery store, where the goal is always the same: to fill the fridge and pantry – usually with the same things every week. Goals can shift and become elusive, requiring alternative approaches as needed. (In other words, spaghetti on Tuesdays will not always be the answer.)
Setting goals, and reaching them, is a learned skill that should follow a specific model, the two basics of which are:
- Set One Big Goal – Your Vision for the Year
- Set Multiple Small Benchmarks – The Stepping Stones to Your Big Goal
Of course, a Google search for “goal setting” will return over 15 million results in about a third of a second, all of them with a list of the things you should do to become better at setting and achieving goals: From five things to 35 things, and from SMART to CLEAR.
As mentioned above, we’ll be returning to this subject in the future but, for now, know this: whatever else you may think or do when planning your year – all goal setting requires the two steps outlined above. Everything else the “experts” recommend are merely enhancements and/or inducements.
Deciding what you want to achieve in your life; separating what’s important from what’s irrelevant, or a distraction; motivating yourself; building your self-confidence, based on successful achievement of goals requires a vision of the end game, and a practical means of getting there.
If you find yourself struggling to develop a new way of thinking about money and wealth, to develop a positive wealth mindset, Send me a note for help with successful goal setting.