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5 Goal-Setting Tips For 2022
Wouldn't it be great to have your best year ever, this year? Whether you want to grow your business or take more time for yourself, these 5 goal-setting tips can help you achieve your long-term plans in 2022.
1. Think big!
What do you want from your life and how can your business help you achieve that? Think about next year and beyond; what does your business look like in 5 or 10 years?
When you know what end point you're aiming for, it's easier to set goals that move you in the right direction.
2. Pick something you can measure!
Vague goals aren't as helpful as those you can measure and monitor. Following the principle of SMART goals (Specific, Measurable, Achievable, Realistic & Time-bound), measurable goals are a vital element in goal setting.
Think about what you already measure in your business and how you'd like to see those metrics change. For example:
- A 3% increase in net profit year-on-year
- A 2% reduction in expenses
- 1 new customer per month
- Reduce average payment time to under 50 days
- 4 weeks of holiday during which you don't go into the office at all
3. Make a plan to achieve each goal
Once you've picked a few goals, come up with ways to achieve them. It could just be back-of-the-envelope thinking, or have a brainstorming session with your team or your advisors (give us a call!).
When you have a plan in place, do your best to follow through and make it happen. The key to consistently achieving your goals is for them to be achievable and attainable for you, not based on what someone else is doing - another core component of SMART goals.
4. Keep monitoring your progress
Check in each month to see how you're tracking with your goals. Set yourself reminders on your calendar or make it part of your invoicing cycle.
Having a goal which is time-bound (key for a SMART goal) is vital. Having a goal that is set too far in the future or too soon may be set yourself up for failure. Be realistic with your time-frame, this will massively help you with your planning and self-esteem.
Regularly check in with your goal too. If you're not quite on track, you can make tweaks or come up with some fresh ideas to help you reach your goals.
5. Plan a celebration!
Give yourself a good reason to keep striving for your goals.
It might be a trip to the cinema, getting your nails done, an early finish on Friday or even giving yourself an extra 30 minutes at lunch. Whatever it is, make it worthwhile for you whilst not blowing the budget.
We can help
Not sure what your goals should be or how to monitor them? We can show you where to find the information you need, how to check on it and more.
Get in contact!