We’ve often heard the terms “Short Term Goals” and “Long Term Goals.” But how do we actually make a distinction between the two? How do we make effective goals as home business owners?
Let’s delve into this a little further…
Short-term goals are those things you are trying to accomplish in a matter of days, weeks, or months (perhaps, even a year). It’s something that you want to attain in a short amount of time, yet it is directly connected to one of your long term goals.
My recommendation is to set your short term goals for each quarter of the year. This way you can earmark your progress, thus gaining momentum as you work towards your long term goals. This is the beauty of short term goals!
For me, my short-term goals help me stay focused, organized, and concentrating on the details. Usually, after I accomplish one of my short-term goals, I reward myself with Godiva Chocolate! :)
Long-term goals are what keep you sustained in your home business. They are goals you set for your business in yearly increments. Many experts say you should have 1,3,5, and 10 year goals.
Quite naturally, the longer range of the goals, the less amount of details you will have for them – and that’s perfectly ok!
Honestly, I don’t have many goals in my 10-year goal plan, but there are certainly lots in my 1,3 and 5-year plan.
So here’s what you should do:
1. Think about where you want to be in 10 years. List 3-5 goals. Go ahead, make them lofty and fun! No need to be super serious here. :)
2. Next, think about where you need to be in 5 years to accomplish to your 10-year goal plan. Write down 3-5 goals that you must accomplish by year 5.
3. Now, do the same for your 3-year goals. Look at your 5-year goal plan. Write down 3-5 goals that you must accomplish by year 3. These goals should be a little more specific.
4. Finally, think about where you’d like to be in 1 year. Think about how this relates to your 3, 5, and 10-year goal plans. Write down 3-5 goals you must accomplish by year 1. At this point, these goals should be very narrowed.
5. Ok, you take a look at your 1-year goal plan and break it down by quarters. Plan very action-oriented goals that can help you accomplish your 1-year goal plan. Don’t forget to take into consideration what we already learned about setting goals earlier this month!
We are reminded in God’s Word to write the vision and make it plain, so those that read it may run with it. (Habakkuk 2:2).
The Lord also warns us that without a vision, we will perish. (Proverbs 29:18)
Let’s take heed, Ladies – We must have a vision, so our home businesses are successful. Let’s make it happen, we can do it!
So, I’m off to dig deep and plan my short and long term goals…
I hope you will take some time today or this week to grab your business journal and pen to start planing your good success!
Dance with the King!