Business Goal Setting and Then Following Through
Many people set business goals, but they never actually do anything to achieve those goals. This is a common problem that can lead to the following: a lack of motivation and continued job dissatisfaction, not reaching your target earnings because you did not take action in adjusting your business strategy over time, or staying stuck in one place for too long due to ongoing challenges. When you're setting out on a new project or planning a new venture, it's important to set realistic goals and then follow through with achieving them.
To do this, you should divide your long-term business goals into smaller, manageable steps and then take positive action to achieve those steps.
For example, if you want to increase the amount you're earning per month, this is a great goal to have. However, it's not enough to just want more money. You need to strategize about how you can make that happen and then execute your plan by developing an actionable strategy that will help you achieve the additional revenue that you need and deserve.
What may seem like a simple goal of making more money could actually be two or three different business strategies that work together to increase your bottom line. In addition, you may need to adjust your product offering, offer a special service, improve your customer retention or even test a new marketing technique.
By breaking down the business goal into small steps and then taking action to achieve those steps, it's much easier to stay inspired and motivated while staying focused on your long-term goals. Of course, this is a simple way of doing things. There are many more strategies that can be used. For example, if you want to increase revenue by 100%, this is not realistic because most businesses cannot produce more than 20% increases in revenue every year on average. However, if you found a way to double your revenue every year for five years, you could reach this goal.
If you want to grow your business by 100%, then it's important to set smaller goals throughout the year and plan out some strategies for achieving them. For example, if you're going to increase sales by 50% in the first year and another 25% in the second year, this would put you on the path to achieving that larger business goal. This involves planning out each step of the way and making sure that your plan is realistic and can be implemented in a timely fashion.
There are several things that can help with increasing your productivity when it comes to following through with action steps. This includes: writing things down, organizing your work and setting some time limits for certain projects.
Once you've set the goals and have determined what steps need to be taken to achieve those goals, you should write them down. This helps with focusing your attention on the goal and then following through with the steps that are needed to achieve the goal.
Organizing your work can really help with this as well by giving you a clearer picture of what needs to be done in order to move from point A to point B. This is accomplished by creating a checklist of all of the tasks that need to be completed in order for you to succeed at achieving each step of your business plan.
This leads nicely into setting deadlines for certain tasks. If you're following a checklist and there is a particular set of steps that needs to be done by a certain time, this is the best way to keep yourself on track and focused on completing each task in the business plan that you've created.
When it comes to making more money or achieving other business goals, it can be easy to get distracted if you're not careful. However, if you realize that achieving these goals requires planning and action in order to keep moving forward, then it's easier to stay motivated and focused on achieving your goals with business success.
To learn more about growing your business or achieving your professional or personal goals visit: SuccessIQ .com .
Copyright © 2011 Michael F. Scherotter all rights reserved.
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Related Keywords : business goal setting and then following through, earning more money, increasing revenue
Keywords : Business Goal Setting, Business Goal-Setting | Blog Comments (0) | In : Business Goal Setting and Then Following Through Comment ▼▼▼ Please login to your account to comment this blog. Shari's Commenting on "Business Goal Setting and Then Following Through" I can see how this could work in a corporate setting.... Where there is a lot of red tape to get anything done.. If a company has 100+ employees, not all will work well together to accomplish an important goal... There could be conflict, "not in my department" types of attitudes (yes some people just do not like to work with others and have personal grudges), where their different "careers" could come into play. It sounds interesting, but I think it might be easier to implement in those companies where things are really efficient and the people are used to working together. Sounds like a lot of the problems would still be there though... I am thinking that maybe this might make more sense in some corporate settings than others... Posted by Thomas A. Peterson Comment ▼▼▼ Please login to your account to comment on this blog. * Your Name: * Email: Subject: * Comments: * Type the word below at the start of the word you are trying to comment on. Example Comment ▼▼▼
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Conclusion Writing the conclusion is probably one of the most difficult parts of writing a paper. It is important to include what you have learned in this assignment and summarize it in a few paragraphs (one to two sentences per principle). There should be a central idea that supports your original statement. You will want to consider what these principles mean for your future actions, as well as your present situation. Keep in mind that this assignment should reflect positively on you as a student and an individual.