“The victory of success is half won when one gains the habit of setting and achieving goals.” – Og Mandino
One of our mentors explained to us that goals need to be S.M.A.R.T. That is, they need to be Specific, Measurable, Attainable, Relevant, and Time-Stamped; we personally feel that that last one is the most important because a goal that isn’t time-stamped is merely a dream that will never become a reality, and more often than not, that dream becomes a nightmare.
Your goals must be SPECIFIC. What do you want to achieve? For example, setting a goal of “making more money” isn’t very specific. It’s a very general goal. You must define how much more money you want to make in order to transform the goal from general to specific.
When we say a goal must be MEASURABLE, it means the goal must be able to be measured in some way. It should be quantifiable. If we are going by the above example, let’s say you set a specific goal to make $10,000 more a year. The next step is to decide how you are going to achieve that specific amount and how you are going to measure your progress.
The difference in most people’s dreams versus their goals is that goals are ATTAINABLE. It is important that your goals be achievable and realistic. It’s great to stretch yourself, but you don’t want to constantly disappoint yourself by setting unrealistic goals.
When setting goals, they should be RELETIVE to your path in life. If your chosen path is to become a surgeon, setting a goal to go to cooking school in Italy is not relative to your path. However, if your path is to retire and open a restaurant, then maybe cooking school is relative. Relativity is important to staying focused on what will ultimately propel you closer to what you really care about.
Finally, your goals must be TIME-STAMPED. Like we said before, without a time stamp a goal is just a dream. Goals must have a set time in which they should be achieved. This not only increases the urgency and importance of the goal, but it forces you to commit to it.