Goal Setting Strategies For the Home Based Business Owner

Goal setting is a powerful tool that is used by every successful home based business owner. Simply put, in its most basic form goal setting is an organized personal planning process. It is defined as establishing specific, measurable and time targeted objectives. Effective goal setting can separate you from the crowd who simply wander from task to task. Earl Nightingale said it best, "people with goals achieve because they know where they are going. It's as simple as that."Not only are business owners encouraged to set goals but individuals would do themselves well to practice it as well. Goal setting helps us determine our priorities and get organized. These 5 keys will help the home based business owner to avoid the pitfalls that happen to 97% of all who fail in their ventures.1) Define the Goal - The goal should be specific enough so that we know exactly what we are aiming for. If we continue to aim at nothing we will undoubtedly hit our target.2) We must outline the steps necessary to achieve the goal. The steps will help give direction to follow to achieve the goal.3) The Goals must be realistic - It makes no sense to set a goal of going to Mars when you have no money. On the other hand a goal of going backpacking to Hawaii can be obtained on a relatively small budget.4) Set deadlines - If the goals are to be realistic so to must be the deadlines. We cannot expect to head off towards our destination without a set time as to our arrival.5) We must Review and Reassess frequently. The great thing about frequent review is that this will force us to re-examine our priorities. Be ever mindful for goals that we do not achieve on time."Goals give you more than a reason to get up in the morning; they are an incentive to keep you going all day. Goals tend to tap the deeper resources and draw the best out of life." Harvey Mackay.By using these criteria when setting your goals you will give yourself the best possible chance of achieving the desired result.