Five Golden Rules of Setting Goals

If being an entrepreneur is what you want, the first step you have to make is write your goals down – they are the measure of your success level, they give you focus, guidelines, a sense of purpose and are a visible indicator of the results of your work. Take a look at the five golden rules of setting goals.

Set Goals Which Motivate You

When you set a goal, it has to mean something, just like its realization has to have some value. Start out with the goals which are at the top of your priority list. Start out simple. Break up your goals into top three or top five, general goals, goals with the highest degree of urgency. If it helps, write down why they are important and valuable to you. That list is a concrete and visual reminder of what has to be done.

Set SMART Goals

You’ve probably heard of the SMART acronym, but if you haven’t, here’s a little reminder. The goals we set have to be:

– Specific
– Measurable
– Attainable
– Relevant
– Time-bound

Write Down Your Goals

You can start off each day with a list of things to do and a printed calendar with meetings for that day marked. Your long-term goals do not have to be so visible, but you should keep them somewhere where you can remind yourself where you want to go. When writing them down, use “active” language.

Develop a Plan

Write down all the steps that await you. That is your map with the help of which you can execute your plan with as few mistakes as possible. Also seek advice from you colleagues – a former business partner, mentor or advisor you trust. They could see something you’ve missed.

Start Realizing the Plan

If you have a plan, that means you’re in. Working on the realization of the plan makes you successful. If you take the time our to make a good plan, why not use it? Changing opinions and making new plans when things become difficult can be attractive, but the fact that things vary is no excuse for not sticking to your plan. Trust your instincts.