How You Can Set Up SMART Goals

There is a worthwhile cause driving the world’s most successful organizations today. This is true for businesses such as Apple or Google as well as humanitarian organizations such as the United Nations. And there are countless people believing in the same dreams and working meticulously behind the scenes to sustain their efforts.  Regardless of the industry, their size or their profitability, certain organizations have stood the test of time and are cherished by all. And in spite of many hurdles, they have picked themselves up and have managed to find a way. What’s been their secret is a strong clarity of purpose of why they exist, how they can help and in what way they can. 

So, when entrepreneurs set up a new start-up, they must align the organization to serve a meaningful and worthwhile cause that many more people can participate in and help the community. And the best way to understand this in action is in observing some of the world’s greatest leaders. They are driven by a strong determination to realize the best possibilities for their loved ones and for the world. But unfortunately, today nine out of ten startups fail because leadership and achieving goals are art forms that only a few have mastered. 

Achieve More with SMART Goals

There are timeless lessons in how great business leaders such as Steve Jobs, Richard Branson and Bill Gates see and approach goals. Despite their differences, they all had a similar approach: setting a clearly defined outcome that profoundly helps society. And in assessing the underlying reasons why and the advantages involved, the goals become compelling and inspirational for many more. 

Setting SMART goals are one of the most effective methods to build momentum and confidently take on the challenge. SMART is an acronym for Specific, Measurable, Achievable, Realistic goals structured within a Time frame and there are five elements involved. 

  • Specific

We tend to take specific goals more seriously compared to vague ones. And when they’re highly specific, we have a clear destination in mind and we will know once we get there. 

  • Measurable

Once you take action, tracking your progress is necessary to understand your strengths and your shortcomings. If a goal is abstract, then there is no objective way to truly achieve it. For example, instead of the goal to “learn to play the flute well in six months”, you can consider a more tangible goal: “within a month, I must be able to play the flute without my guidebook or teacher’s help”. This way, there is a clearer vision of your goals.

  • Achievable

Spare some time to decide what’s achievable for you and it must neither be too lofty nor too easy. For instance, if you want to start saving up for the construction of your future home, you must consider your savings, minimize your expenses and earn from alternative sources, if possible. Such a goal will challenge you to control unnecessary expenditure, save a minimal amount per month and earn in additional ways.

  • Realistic

A realistic goal will be a meaningful goal that is attainable through tweaking and improving your daily routine habits. It must also be compulsorily grounded in reality and you must already know how to make use of the time, energy and other resources to realize this. 

  • Anchored in a Time Frame

When your goal is bound by a reasonable time period, you will have clarity on the daily tasks you need to do and work with the final goal in mind. And in case you’re not able to achieve your goal by the deadline, you must take time to examine what went wrong and recognize if you need more time or if you need to manage your time better. This way, you become smarter with the following goals. 

Bonus Tips

It’s important to surround yourself with like-minded and supportive people as you can positively help one another. Start out with small goals but make sure that you’re making progress. You must also be willing to learn and over time, the SMART method of setting and achieving goals will help you better understand the business you’re in and the possibilities in the future.