Defining Go for It Business Goals
Many business start-up kits or consultants will tell you one of the first steps to starting a business is to define your business goals. Your goals may differ from the goals of another individual, for example; some people want freedom to do what they want to do, whenever they want, and without having to report to someone else. For others, the goal might be financial security. For another, flexibility or creativity might be their goal.
Regardless, setting goals is an important part of choosing a business that is right for you. Logically, if your business does not meet your personal goals, you probably will not be happy or get any sort of satisfaction from trying to make your business a success. Sooner or later you would stop putting forth effort needed to make the business concept successful. Here are a few qualities to keep in mind when you are setting your goals and searching for the business that is right for you.
1. Be specific. You have a much better chance of achieving a goal if it is specific. For example, "getting rich" is not a specific goal. "Earn $8,000 per month" is a specific goal.
2. Be optimistic. Keep your goals positive and optimistic. This will help to fire up your energy and enthusiasm to work towards and maintain the goal. For example, "pay the bills" is not an inspiring goal. However, "be debt-free within 18 months" is much more positive and achievable.
3. Be realistic. Look at your current income and where you want to be. If you have never earned $100,000 a month or year, then that may not be a realistic goal for you to set as you start your business. Begin with small steps and then, perhaps, increase your monthly income goal by 25 percent. Once your first goal is met, set a new goal until you gradually reach your larger, long-term goal.
4. Think short- and long-term. Whether you are looking at income, or in terms of growth, marketing or product development, you should have both short- and long-term goals. Short-term goals are those that may be attainable in a period of weeks to a year. Long-term goals can be those that you want to reach in three, five, ten, or even twenty years. Long-term goals should be substantially greater than short-term goals, but still realistic.
Writing your goals down will serve you well and be a constant reminder for you as you focus on your new business. Periodically review your goals and make adjustments where necessary so that you are always working towards something that is attainable. If you discover that a goal is too broad, or too difficult to reach, try breaking it down into smaller pieces.
These qualities are very simple concepts that you can apply. By defining specific, optimistic and realistic goals for both the short- and long-term focus you will be able to be energized and to develop a "go for it" attitude that will help you to achieve the goals in a timeframe that is best suited to your needs and business.
Publishing Rights: You have permission to publish this article electronically, in print, in your ebook or on your website, free of charge, as long as the author's information and web link are included at the bottom of the article and the article is not changed, modified or altered in any way. The web link should be active when the article is reprinted on a web site or in an email. The author would appreciate an email indicating you wish to post this article to a website, and the link to where it is posted.
Copyright 2005, Michele Webb. All Rights Reserved.
The author owns her own website and is a member of a number of organizations for women Netpreneurs and business owners and lives in Las Vegas, Nevada USA with her two dogs. You can contact Michele at news@ebooksnstuff.com or visit her website at: http://www.ebooksnstuff.com
More Resources
Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exitingMore Strategic Planning Information:
Related Articles
Do You Have A Customer Identity Crisis?
The trick is to determine what uniquely identifies your best customers. Fortunately, deriving this information is not difficult, and in many cases can be obtained from innocuous questions.
The Magic Of Exponential Business Growth
Is there a 'magical' way to exponentially grow your business?It's about the timeless business principle known as "Re-investment".Look, one of the most exciting times for any new business is the time when effort begins to pay off.
How To Prepare A Business Plan That Guarantees Big Profits
It is always said "If you Fail to Plan, you Plan to Fail"
Success in business comes as a result of planning. You have to have a detailed, written plan that shows what the ultimate goal is, the reason for the goal, and each milestone that must be passed in order to reach your goal.
Business Problem Solving
Is there really anything as a problem? Does chaos or challenge mean you have a problem? I am under the belief that such things as other call problems are indeed the life-blood of opportunity and the louder it knocks the greater the gain. Embrace chaos.
College Students and Graduates to Run Company Outlets or Franchises
Does your overall business strategy include the recruitment of college students to run your locations? Are you a franching company and looking for young, talented, hardworking and dedicated franchisees? There are some things to think about before you deploy such a strategy. There are both positives and negatives to focusing your recruitment efforts on college students, for instance best reason's to use college students include some of the following:They May Have Rich Parents Who Can Pay Outright For A Franchise;They May Have Parents Who Are Willing To Co-Sign For A Franchise;They are Young With Plenty Of Energy;They Have Little Business Experience And Will Not Try To Rewrite Our System;They Are Used To A Very Structured Environment;They Want To Succeed;They Might Have A Business Degree;They Are Sociable Animals And Good With People;They Will Study Our Operations Manual Cover To Cover;They Will Make Two To Three Times As Much With A Franchise Than Their First Corporate Job;They Love To Have Fun And This Is A Fun Job.
Breaking the Growth Barriers in the Information Technology and Software Sector
There's nothing automatic about corporate growth, particularly in the information technology industry; build it and they will come is a myth. In the real world there is either a structured, process-driven growth cycle, or stagnation-and stagnation is automatic.
I Always Play by the Rules and It Stinks!
This week I coached a wonderfully lovely woman I'll call Jill. She's a bright woman, very compassionate and sweet.
5 Strategies That Will Boost Your Business Productivity Today! - Part 2
Growing your own small business can be one of the most exciting journeys you could ever embark upon!But it's important that you continuously implement new and fresh ways to generate sales and improve your profitability in order to stay ahead of the market!Here are the next 5 Strategies to help you propel your business to new heights of success!1. Develop your own Loyalty ProgramIf you have a look in my wallet, I have a Jesters Pies Card, a Subway Card and a Video Ezy card - all of which entitle me to something for nothing once I have made enough purchases!Some people will call me cheap?I just think it makes sense! If I'm going to buy something anyway?why not go somewhere that rewards me for my loyalty?If people have to buy your type of product or service from somewhere, why not make it more attractive for them to buy from you?Create your own loyalty program and create regular, satisfied customers who get rewarded for giving you their business!2.
Microsoft Great Plains in Agriculture - implementation highlights
In this small article we'll concentrate on farmers associations and non-profit state-sponsored organizations, dealing with subsidized state and federal programs distribution and management - loans to farmers and rural communities. As we realized this is relatively narrow market niche and it is almost ignored by software developers.
Connecting Your Offline Business to Your Online Business
These may sound like no brainers, but you'd be surprised. No matter how high-tech your business has become, there is no doubt you still have some non-electronic aspects of your company.
3 Ps of Planning - Prepare, Personalize, Pilot
Here's a really simple way to make sure your plans always
produce the results you expect."There is one quality which one must possess to win, and
that is definiteness of purpose, the knowledge of what one
wants, and a burning desire to possess it.
Nine Succession Planning Mistakes Small Businesses Should Avoid
1. Attempt Succession Planning Without Other Strategic Plans.
Alice In Wonderland - A Parable for A Business Plan
Remember reading "Alice in Wonderland?"She asks the Cheshire Cat, "which way I ought to go from here?"
"That depends a good deal on where you want to get to," said the Cat.
"I don't much care where," said Alice.
Planning for Success
Business planning is widely acknowledged as one of the
keys to business success. Yet there is still a great
reluctance by small business owners in this area.
Own Your Niche by Building a Niche Community
In 1997, David Steele was making the transition from a professional therapist to relationship coach. Part of his strategy was to become a center of influence and THE Relationship Coach for his community.
Do You Really Need a Business Plan?
"I don't need a business plan."Neither did Alice in Wonderland.
Abstract thought on Business Strategy and Nature
Here is an abstract thought on studying nature and the natural order of things; things which work to help you better understand and strategize in business, war, sports or military operations. Let's compare the methods of distribution of organic viruses to all other more obvious distribution methods.
Top Reasons To Form A Strategic Business Alliance
A strategic alliance is when two or more businesses join together for a set period of time. The businesses, usually, are not in direct competition, but have similar products or services that are directed toward the same target audience.
Dayton, OH; Why your Company needs to expand there
In Ohio: besides the 3-Cs you should look at Akron, Dayton, Canton, Toledo, Youngstown and their suburbs. We have been serious studying these areas quite intensely for quite a while, here is what we found; Dayton OH, is looking up after the recent GM Plant received high ratings for productivity being able to beat the Domestic Averages for time to build cars and SUVs, it's SUV Plant was amongst the top performers in the Country for time to build at an average of 20.
3 Undercover Ways to Make Big Profits from Your Competition
You have heard that there is extra money on the table
marketing products related to yours. You have also heard
that your direct competitors product is off the table.