Setting SMART Goals for Your Business

"Setting SMART Goals for Your Business" Small Bird on Branch Graphic
March 3, 2018
67 / 100

~by Haley Lynn Gray~

If you’ve set a goal and aren’t specific about how you will achieve it, then it’s just a wish, and likely to never be accomplished. The S.M.A.R.T. method is an acronym to help with setting and achieving goals in business of specific, measurable, attainable, relevant, and timely. It takes goals from blurry to real, actionable plans to achieve tangible and powerful results.

Here is the S.M.A.R.T method to goal setting for success:

Specific

Your goal must be well defined. Vague goals are contrary to your goal because they don’t offer adequate direction. Remember, you need goals to show you the way to success. You want to make it as easy as you can to get where you want to go by describing exactly where you want to wind up.

Measurable

Your goals should include specific amounts, dates, and so on so you can actually measure your success. If your goal is simply defined as “To make more money” how will you know when you have been successful? In one month’s time if you have a 1% pay increase, or maybe in a year’s time when you have a 100% increase? Without a way to measure your success, you will miss out on the excitement of knowing you have definitively achieved your goal.

Attainable

Make sure that it’s possible to achieve the goals that you set. If you set a goal that you have no hope of achieving, you will only find yourself disheartened and kill your self-confidence. On the contrary, be sure not to set too-simple to reach goals. Setting realistic yet challenging goals, you will hit the balance you need. The goals you want are the ones that require you to “raise the bar”; they will bring the utmost personal satisfaction.

Relevant

Goals should be relevant to the path you want your life and career to take. By keeping your goals aligned, you’ll grow the focus you need to get ahead and do what you want.

Timely

You goals must have a deadline so you will know when you can celebrate your successes. When you are working on a time limit, your resolve increases and success will come that much quicker. Make sure your goals are set soon enough to reduce your chances of procrastination.

What part of the SMART method have you found works best for you? Share in the comments area below!


Meet the Author: Haley Gray

Headshot of Haley Lynn GrayHaley works with female entrepreneurs. The only problem? Many want their business to grow so that they can make

money to pay the bills, send the kids to dance lessons, and be able to spend quality time with the kids.

Haley works with her clients to create a strategy plan for their business – so that they can make enough money to spend that quality time with their family, pay for their children’s lessons, pay bills, and not worry about where the next client is coming from.

Haley is a serial entrepreneur and founder of Leadership Girl. She offers Business Coaching, Business Plan Development and Strategy Sessions for entrepreneurs. Whether you want to get a new business off the ground, or expand an existing business, Haley can assist you.

Connect with Haley:

Categories

More Posts:

10 Ways AI is Transforming the Way We Care for Our Skin

From analyzing skin conditions to recommending personalized skincare routines, AI is revolutionizing the beauty industry. With the help of machine learning algorithms, beauty brands are now able to offer tailored solutions that address specific concerns, such as acne, wrinkles, and hyperpigmentation. Thanks to AI-powered tools like facial recognition and augmented reality, we can even visualize how different products will look on our skin before making a purchase.

Occupational Hazards That Come With an Office Job

Working in an office can be a great way to make a living, but it also comes with certain risks. Sitting at a desk for long hours and staring at screens can lead to physical ailments that not only cause discomfort but could eventually lead to more serious health...

7 Essential Tips for Maintaining a High Standard of Health and Safety in Your Organization

Workplace health and safety is a legal obligation that all employers must adhere to. But apart from ensuring compliance and avoiding legal issues, maintaining high health and safety standards can come with a number of benefits for your business as well. With the right...

Women’s Fitness Tips: How to Make Time for Exercise in Your Super-Busy Schedule

We’ve all gone down the social media rabbit hole during a lazy Sunday afternoon. Among the sea of influencers, we’ve also probably seen one that seems to have everything – the dream job, the perfect home, and, above all, time to fit a workout into her super-busy...

6 Ways to be a SUPER Mom

Mothers are the strongest. They carry a child, bear the pain of birthing, bring children up, fulfill all responsibilities, play several roles, and make it look oh so easy. That’s why we have given mothers the title of super mom. Society expects mothers to be...

5 Tools to Help You Optimize Your Time Management

Whether you’re a freelancer, remote employee, or project manager, you’re bound to be juggling multiple tasks at any given time. Your typical workday can easily take a chaotic turn if you don’t manage your time properly. That’s why time management is one of the...

Simple Ways to Deal with Stress at Work

It doesn’t matter what you do, how old you are, and where you work - feeling stressed out at work is one of the most natural things in the world right now. This is something we all feel from time to time, and it’s almost impossible to find a job that’s completely...

8 Tips to Better Manage Your Work & Family Life

Are you constantly wondering how to be a thriving entrepreneur and an equally successful mum? If you've had trouble juggling work and family life, we've got news for you – you're not the only one. Millions of women around the world are dealing with the same issues and...

7 Smart Ways to Rebuild Your Savings without Depriving Yourself

A proper plan with firm determination and a good execution can help you to achieve your saving goal without feeling deprived. We’ve decided to put together a few essential and smart ways to revamp your savings to grow consistently over time without any hassle.

7 Ways To Prepare For An Uncertain Future

No one can predict what will happen in the coming days, weeks, or years. It doesn’t help to stress over this immutable fact and there’s no need to worry over things we have no control of. However, carrying on with our lives in the “Hakuna Matata-style” without plans to get ready for the future is a serious mistake. In any case, the most important thing is to prepare for uncertainties, now, if you haven’t started yet.

10 Ways AI is Transforming the Way We Care for Our Skin

10 Ways AI is Transforming the Way We Care for Our Skin

From analyzing skin conditions to recommending personalized skincare routines, AI is revolutionizing the beauty industry. With the help of machine learning algorithms, beauty brands are now able to offer tailored solutions that address specific concerns, such as acne, wrinkles, and hyperpigmentation. Thanks to AI-powered tools like facial recognition and augmented reality, we can even visualize how different products will look on our skin before making a purchase.

All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips

Sales

Career Building

Family Businesses

Inspiration

Starting Your Own Business

Work-Life Balance

Communication

Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

Elements That Should Be Part of Your Company Retreat

Elements That Should Be Part of Your Company Retreat

A company retreat is an excellent opportunity for team-building, learning new skills, and fostering relationships between colleagues. Whether your team is large or small, a well-planned retreat can be an invaluable investment in your company's success. We will explore...

How to Make Employee Health a Priority

How to Make Employee Health a Priority

Prioritizing employee health is crucial for creating a healthy and productive work environment. By investing in the health and wellbeing of your employees, you can improve morale, reduce absenteeism, and build a positive company culture. Here are some tips on how to...

Why You Should Run Your Business on the Latest Technology

Why You Should Run Your Business on the Latest Technology

In today's fast-paced business environment, keeping up with technological advancements is essential for success. Implementing the latest technology can offer numerous benefits, such as improved productivity, enhanced data security, and reduced costs.  Improve...

What are local links and how to earn them

What are local links and how to earn them

What local links are and how they might assist local businesses develop an efficient SEO strategy are covered in this article. Local links allow visitors to learn more about a region and its businesses by connecting websites from the same area that are relevant to one another. They must be pertinent to the neighbourhood and offer valuable resources or information. Content marketing, reviews, sponsored content, social media, and directories are all ways to generate local links.

Ways for Increasing Property Management Lead Generation

Ways for Increasing Property Management Lead Generation

Property management is not a simple job, there are multiple tasks that a property manager should complete for various property investors. Marketing is one of the difficult parts, but it’s crucial. You can only attract tenants to your property and gain income after you have generated leads. Therefore, you should try your best to come up with smart and effective strategies to get your company known.