“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” ~ Jim Rohn
Goals are signposts along our journey that keep us moving forward and on track to our final destination. Goals are the plot lines in the story of our personal and business lives. Jackie Nagel, a small business strategist presents some extremely significant facts based on a review of 300 small businesses.
Fact 1: 80 percent of small businesses do not track their goals. How can you get anywhere when you don’t know where you’re headed and when you need to get there?
Fact 2: 77 per cent of business owners have not achieved their vision. Dreams become nightmares when they always elude you.
Fact 3: Many small businesses are afraid to set goals but won’t admit it. Nagel describes an “imposter syndrome,” which is caused by not meeting your goals. Not only can the imposter syndrome be both mentally and emotionally painful as Nagel suggests, but it can become down right paralyzing. Every decision can become perceived as a possible loss instead of a likely win.
Fact 4: Businesses that wrote and rated their goals, formulated actions, and sent their plans to a supportive friend along with weekly progress reports achieved significantly more than those who didn’t include all of these steps into their goal setting.
Whether it’s your personal life, a small business, a business team or a larger organization, without a specific goal, an actionable plan, and supportive accountability, failure is virtually assured. In the final analysis, it is proven that written goals are powerful. More powerful than unwritten goals. Public commitment to achieving targets is important. Making your goals widely known keeps you focused, keep them at a higher priority, and creates a higher probability of success. Accountability, including weekly progress report, is vital. It’s harder to fail when someone cares and is watching. Planning for goal achievement is necessary. If you don’t make a plan to win, you will probably lose.
Goals are the driving force of any viable entity. When properly developed with specific guidelines and targeted outcomes, they can lead to greater satisfaction and more success, however you may measure it. When it comes to accomplishment, a proficient goal setter is a hero and one who doesn’t plan is a villain in their own story.
~ Coach Lily
Reference to Jackie Nagle’s “The Only Thing You Need to Know to Set and Achieve Small Business Goals.”