S.M.A.R.T. Goal Setting Prevents Failure

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Setting the goal is the easy part. Accomplishing the goal is a different story. When you set out to tackle a new project, or embark on a journey of improvement, break down your action steps with this simple acronym. It will help guide you toward success and further accomplishment.


Video Transcription

Alright, we’re all trying to accomplish things in our life, whether it’s our personal life, maybe your health going to the gym or your business, maybe you’re trying to 10x your sales. But we all struggle with this idea of setting goals that motivate us that stretch us. But they don’t demotivate because maybe they’re unrealistic or maybe they’re unclear.

This is something I’ve struggled with in my own business my own personal life. And what I want to share with you guys today is this acronym that I learned in business called S.M.A.R.T. and this smart acronym stands for specific, measurable, attainable relevant, and time-bound.

When you look at your goals whether it’s for your personal life or your business you want to look at them through the lens of this acronym are your goals specific? You want them to be crystal clear in what you’re trying to obtain. You want to make sure this is your roadmap of where you’re trying to get to?

Second is are your goals measurable. You don’t want to set a goal that’s unclear like your goal could be I want to grow sales that’s not measurable when you get to the end of the year if you grew by 10 sales or one sale. What’s the difference? You want to set a clear measurable goal that you want to grow your sales by 10%. You want your goals to be attainable so when you look at setting your goal you want to set a goal. That’s actually realistic that you have a shot, but at the same time you don’t want to set a goal that’s easy because you don’t want to get to achieving that goal,  and it’s anti-climatic and you lose the chance of winning.

What I encourage you is set a goal and set a stretch goal. You hear Grant Cardone talk about 10x-ing set your 10x goal your stretch goal, but also set something that’s attainable for you that you still stretches you a little bit. So you can win and celebrate that small win and once you celebrate that small win it puts you in the mindset of? Achieving that BHAG, that big hairy audacious goal as you go from small win to small win.

Next is you want to make sure your goals are relevant. This is really twofold one. Is is it’s relevant to your life and relevant to your career. Operations are your goals leading you and directing you to the life you want to live ?And then second are your goals relevant to your skill set your expertise? This is especially essential for managers and leaders out there.

When you look at your employees you want to set goals that are relevant to their skill set to their expertise so they can have complete ownership. The last thing you want to do is set a goal for someone for them to get a raise or for them to get a title and all of a sudden they don’t have control over that goal because it’s not in their wheelhouse.

And then last but not least you want to set a goal that’s time bound you have to set a deadline on your goals this deadline is going to create urgency for you. It’s always said that you know the fuel of creativity is procrastination. Once you put a deadline on something it gets that urgency and allows you the ability to reverse engineer. That in order to get here in a year I have to do this in a month this in a week this in a day this in an hour.

So you want your goals to be time bound so there you have it guys. There is the SMART acronym when you set your goals design them to be smart design them to be specific, measurable, attainable relevant, and time-bound.

The takeaway.

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