No Plan = No Goals
Once you’ve made goals or chosen pain to eliminate, you now need to count the cost.
Read my previous article by clicking the link above to find out why my goals are often simply eliminating things I’m tolerating in my life.
You’ll never accomplish anything in life without paying a cost for it. To build a business will require you to work longer hours in the beginning. You may have to get up early or stay up later. You may have to banish your TV for the next year. If you want to save more money, you may have to quit going out to eat so often. You may have to cut out some of your shopping budget.
If you plan to study and learn new subjects for your personal growth, you may have to turn off the radio station and listen to training CDs on the way to work. Anything you do will cost a price. It may be not as high of a price as you would think, but it will cost you something.
For example, anyone can become an expert in virtually any subject in just one hour a day study over a year to two year period. That is a lot easier than most people would think, but it is still an hour which has to be invested everyday.
Count the cost for your goals or eliminating pain in your life. Make a plan. You should never start a new business without a plan, and you’ll never reach your goals without a plan either.
You may want to weigh 30 pounds less than you do right now, but how do you plan to accomplish this? When will you schedule to exercise and what kind of exercise will you do? How will you change your eating habits to cut your daily calories? How can you get your friends or family to help you on this goal?
You can pick up dozens of books at any bookstore on the subject of losing weight. The hidden little secret is that the majority of them work, because you simply need to exercise more and cut the number and type of calories you eat. So you don’t have to starve yourself or go on any crazy fad diet. Just make a plan that includes both exercise and healthy eating.
Make your plan by breaking down the goal into elements or steps. What kinds of steps will you have to take to reach your goal? The number of steps you use will be based on how complicated of a goal you have.
If you’re starting a new business, you may have dozens of steps to prepare. You need to study the marketplace, visit competitors, do customer research, etc. Then you need to apply for licenses, setup a legal business form such as corporation, and possibly apply for business loans based on a business plan you’ve written.
If your long-term plan is to build your current business to $1,000,000 a year in net profits, then you may have one year goal and plan for $100,000 increase. For that plan, you may make a list of asking customers why they buy from you, writing new ads, testing your ads, and checking around to find joint venture partners who may be able to offer more items to your current customers.
You can break down these plans into many more steps than what I’ve listed here. The planning stage should be broken down into easy to accomplish daily and weekly goals. When I said write a new ad above, that could be broken down into individual steps as well.
You may design 3 ads to test, so you first decide on the “offer” for each one…what will make it unique and exciting to your customers. Then you decide on headlines. Then you write the rough draft of one ad. Then you edit it. Then you test it. Then you see if you can improve on it or test out one of the other possible offers you come up with.
The other important element that comes in while making plans is to make deadlines that are practical. You may want to lose 30 pounds, but doing that in 30 days is not practical. You will not reach that goal and do it in a healthy fashion.
The healthiest way to lose weight is 1 to 2 pounds per week. You hate the extra 30 pounds you’re carrying and want to eliminate it in the next 6 months. You can break that down further and say you would like to lose 5 pounds this month. You didn’t gain 30 pounds in a month, and you won’t be losing it in one month either. So make shorter term goals such as losing 5 pounds per month.
If the most you’ve ever made in your life is $30,000 per year, then having a goal of making one million this year is not a realistic goal.
Making one million a year 5 years from now isn’t that difficult, but you’d be better off setting a goal of $100,000 or so for your business the first year. You then would need to come up with all the steps required for you to reach this.
If it’s a brand new business you’re starting, there will be a lot of steps involved. Pick up several books that talk about starting new businesses to help you write down all the steps you’ll need to take. Then get busy and start taking one step at a time.
One of the key principles here is you want your goals to be something you can really have faith in. You are only limited by what you can believe, but you won’t be able to believe with your heart that you’re worth the one million dollar income if you’ve only been making $30,000. You’re going to have to grow into it. You’ll have to build up to the point where you truly believe you’re worth that much money.
Most people set their one year goals too high and their 5 year goals too low. You can experience multiplied growth every year of your life, so your goals for 5 years out should be a whole lot bigger than your goals for this year alone. You can build the life you dream about, but you have to be willing to put in both the time and energy required to get there. You have a lot of learning and growing to do.
Look at potential roadblocks which may come up in the pursuit of your goal. What kind of obstacles are likely to come against you? This is part of counting the cost. You may have friends who won’t want to be around you anymore. People who are set in their ways and satisfied with mediocre life don’t usually accept those who want to strive for excellence. If you want to soar with the eagles, you might not be close friends with the turkeys anymore. You may have opposition from your family.
The Bible says…
“For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it? Lest haply, after he hath laid the foundation, and is not able to finish it, all that behold it begin to mock him, Saying, This man began to build, and was not able to finish. Or what king, going to make war against another king, sitteth not down first, and consulteth whether he be able with ten thousand to meet him that cometh against him with twenty thousand? Or else, while the other is yet a great way off, he sendeth an ambassage, and desireth conditions of peace.”
- 4 Practical Steps to Achieving Your Goals
- How to Set Goals
- Do You Practice Specifics?
- A Simple Business Plan
- 5 Coaching Questions That Will Change Your Life