Today we are talking about 5 Tips on How to Re-Evaluate and Re-Set Your Goals for Increased Success.
As an entrepreneur, you most likely have a list of goals for your business. But setting it and forgetting it isn’t the way to go. It’s important to revisit your goals periodically to make sure they still align with your vision.
The business landscape may change, or new trends may pop up, bringing new opportunities to re-examine your goals and shift your focus. Re-evaluating your goals also allows you to measure your progress and make adjustments where necessary.
When should you take a closer look at your goals? You should be checking in with yourself and your team consistently, whether that’s weekly, monthly, or quarterly. Apart from the consistent check-ins, you can also revisit your goals when there are changes in your organization, such as a shift to remote work, new technology innovations, a growing team across multiple locations, or an acquisition or merger.
Use these five tips, I’m about to share with you, to help you re-evaluate and re-set your goals!
1. Start with your long-term, larger goals.
What is the longer-term vision for your company? What is it that you want to accomplish or solve for? Write down your long-term goals, ideally documented for your team to look at also. A study conducted by Professor Gail Matthews found that people who write down their goals are 20% more successful in accomplishing them than those who don’t. Your team should be clear on what your company’s goals are, so that everything they do helps push the company forward towards those goals.
Once you have a list of your larger goals, break them down into smaller goals with a milestone of when you want to achieve them. By having a milestone in place, it gives you an actionable date to work towards, and you can track your progress along the way.
For example, if your long-term goal is to sell your business, a smaller goal might be to secure several major partnerships and clients. Set a specific, actionable goal for the quarter, such as “Secure [type of partnership] partnership with [target partner] by [date].” Hitting those smaller goals will help you to work towards the larger vision.
2. Determine what’s working or not working.
Do your business goals still serve your target audience in the best way possible? Are
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I’m the author of many books, including, Excuses Don’t Count; Results Rule, Live Life with No Regrets, No Excuses, The Guide to Stopping Procrastination, The Power of Visualization, My Gratitude Journal, the Work Life Balance Emergency Kit, and The Roadmap To Success with Stephen Covey and Ken Blanchard, and more.
Aim for what you want each and every day!
Anne Bachrach
The Accountability Coach™
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