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Last Updated on April 19, 2021

How to Set Long Term Goals and Achieve Success

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How to Set Long Term Goals and Achieve Success

Have you ever wondered what your life is going to be like in 5 or 10 years? Will you be doing the same things you are today? Have you taken the time to envision the future through long-term goals?

When it comes to the future, there are really only three possibilities. It will either be the same, worse, or better than the present. If you want it to be better, then being able to set long-term goals is the best way to ensure that you’ll get to where you want to go.

What Are Long-Term Goals?

A long-term goal is what you are planning to achieve in the long-run or in the future.

Where do you want to be in five years[1]?

Everyone has a plan for their life. We all imagine what our future will look like, what we will be doing, how we will be living, and even who we will be living with.

While things rarely work out exactly as planned, it is nonetheless important to set long term goals and work toward them. Without long-term goals, we are just wandering aimlessly through life.

The most successful people know the power of goal setting and how to break down larger goals that may take years to achieve into a series of smaller, short-term goals that will keep you focused and motivated.

Once you understand what long-term goals are, it can be helpful to see some examples.

Long-Term Goals Examples

Long-term goals can be applied to just about any area of your life, including your career, relationships, finances, or health. Here is an example of the types of goals you can set.

  • Career: I will receive a promotion and a raise within the next three years.
  • Relationships: I will improve my communication skills so that I can be more caring toward my spouse.
  • Finances: I will save up enough money for a down payment on a house within the next five years.
  • Personal life: I will lower my cholesterol to healthy levels within the next year.

Now that you have an idea of the kinds of goals you can set, its time to learn how to set and reach your own goals.

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How to Set (and Reach) Your Long-Term Goals

Do you suffer from paralysis by analysis? It’s a common condition that happens when people are faced with a lot of options. When faced with too many options, they become obsessed with choosing the “right” one and never make a decision.

Likewise, when faced with a seemingly overwhelming task, they may never even start because they “just don’t know where to begin.”

Before we get started with some tips to help you, you can check out this video on setting goals for success:

By following these 7 easy steps, you can set and achieve almost any long-term goal, no matter how big or small it is.

1. Make Goals, Not Wishes

Who hasn’t thought about winning the lottery or inheriting a lot of money from a rich relative? While there is nothing wrong with daydreaming about these things, they are not goals.

A goal should be something that you can work towards during a period of time, not something that falls into your lap through luck.

For example, a good long-term career goal is “I want to have a business that makes one million dollars a year within five years,” not “I want to win the mega millions within five years.”

2. Be Specific

Remember when you were young and a grown up would ask, “What do you want to be when you grow up?”

No one ever said I want to work in the medical field or in government. You said I want to be a doctor, the President, or a policeman. These were specific goals that we had as kids, and while most of us didn’t end up as astronauts or presidents, we still pictured ourselves in these very specific roles.

When you are setting long-term goals for your life and career, it’s important to be as specific as possible. Get into detail about what you want, and think about it in very concrete terms.

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Instead of saying “In five years, I want to be rich,” think about what that really means to you and what it would look like. Having a more specific goal would be, “In five years I want to own a Ferrari, live in an upscale neighborhood, and be making enough money to take a two week vacation to Europe every year.”

Having specific goals makes measuring your progress easier. You know you reached your goal to have a Ferrari if you look in the garage and see one. It’s much harder to gauge if you are “rich,” as rich is always a moving target.

3. Write Down Your Goals

A goal that’s not written down is just a wish. As humans, we are prone to daydreaming and wishful thinking. We need to take concrete steps to realize our goals.

When you set long-term goals, you need to write them down. This single act will take your goal out of the realm of the mind and into the physical (real) world[2].

Just by taking this step, your odds of achieving your goal go up tremendously.

4. Break Down Your Long-Term Goal Into Smaller Goals

It can seem overwhelming to say, “In five years, I’ll have a business that makes one million dollars per year.”

How do you get from not having a business at all to having one that makes a million dollars per year? The answer is the same way you’d eat an elephantone bite at a time.

Once you have decided on your long-term goals, you’ll then need to break them down into a series of short-term goals.

In our business example, you’ll first need to do some research on a business you can start in your spare time. There are a lot of options out there that don’t necessarily take a lot of time or money to get started.

Then, you’ll want to get competent in the business by taking training courses and networking with others who are already successful in the business.

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Once you have a good foundation, it’s time to get started. Launching the business will be the scariest and most rewarding day of your life, but you’re still not close to making a million dollars per year, so break it down some more.

Your first-year goal may be to earn $50,000. Your second year, you’ll want to earn $150,000. From there, you’ll basically need it to double each year in order to reach one million dollars in five years. 

Each of those years can be broken down into smaller goals until you realize you need to make $149 per day. You can break it down even further to say you need three sales per day to make the $149.

At first, you may have no sales, but by experimenting with various marketing strategies that you learned earlier, the sales will start coming in. Then, it’s just a matter of fine tuning your marketing efforts and building on your successes.

You can learn more about taking action on your goals in Lifehack’s free guide: The Dreamers’ Guide for Taking Action and Making Goals Happen. This guide will help you go from dreaming to planning in no time.

5. Remember Your Long-Term Goals

You have set your long-term goals and even written them down.

We need to have a constant reminder of why we are doing this. Your long-term goals should be displayed somewhere prominent (for you). You don’t need to hang them over the fireplace, but they should be placed where you can see them every day.

Things go wrong, and issues and problems arise that no one can see. It’s during these times that remembering your long term goals is important.

6. Reevaluate and Adjust

You should always be looking for ways to improve what you are doing, but it’s especially important in this new internet age. We don’t have to look very far to see how quickly things can change. You must be willing to change course or be left behind.

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Setting long term goals

    Getting back to your growing business, the marketing that got you to $600,000 per year might not be the marketing that gets you to your long-term goal of one million dollars per year.

    Always keep your goal in mind, but always be willing to adjust course to get to it.

    7. Don’t Give up

    Realize and understand that the road to success is never straight. You will inevitably come up against obstacles and barriers to your goals. This is not the time to quit.

    In fact, coping with the obstacle or finding a way around the barrier leads to more success than anticipated. Always remember, the only sure way to fail is to quit.

    You can learn more on how to overcome challenges you may face in this article.

    Final Thoughts

    Fear of failure

    is the number one reason most people will never become as successful as they could be. Change is a scary thing, and it’s not easy for people to get out of their comfort zone. Most people won’t unless they have to or they perceive that the reward is worth the risk.

    By setting long-term goals and then breaking them down into smaller goals that are easily achievable, you have created your own personalized road map to success.

    And while that long-term goal of making a million dollars a year seems insurmountable, the short-term goal of making $149 is easily doable.

    It’s time to ask: What are your long-term goals?

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    While the road to achieving your goals is never a straight line, and there will always be detours and bumps in the road, embrace these things, as they are all part of the journey.

    More Tips on Setting and Achieving Goals

    Featured photo credit: Bench Accounting via unsplash.com

    Reference

    More by this author

    David Carpenter

    Lifelong entrepreneur and business owner helping others to realize the American Dream of business ownership

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    Last Updated on January 14, 2022

    7 Best Goal Planners To Get in 2022

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    7 Best Goal Planners To Get in 2022

    A few of the many obstacles to setting goals is that you either forget your goals entirely or you put them off for so long. One of the most effective tools in handling this problem is through having goal planners.

    Goal planners are a way to put your goals to paper and allow you to focus on that goal. These are great tools to be implementing new habits and boosting your overall productivity.

    With so many of these goal planners available, our editors picked out a small sample of some of the best goal planners that you can get to achieve what you want in 2022!

    Best Goal Planners Criteria

    Through our research, all the best goal planners that we picked out meet the following criteria:

    • Undated – A big issue with some planners is that they have days and years written in them. This is problematic especially when starting out goal setting. Undated versions allow you to start, stop, and take breaks without feeling like you’re wasting paper.
    • Science based – Either in their methods or in the activities these planners get you to do, these goal planners are smartly structured to help you get the most out of your day.
    • Simple, clean and organized – All of these planners are clean and organized to the point that these planners can serve as an extension of your brain. They’re able to easily organize jumbled thoughts and help you plot out your goals.

    1. Full Life Planner

    full-life-planner

      Lifehack’s Full Life Planner is a planner system built around the Full Life Framework. It’s a planner that helps you to organize every aspect of your life. The Framework has been going strong for 15 years and provides some of Lifehack’s best practices and proven success formulas.

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      Get your Full Life Planner here, or try the digital version here.

      2. Panda Planner

        The Panda Planner has been highly reviewed as another one of the best goal planners to get. On top of it providing sections for monthly, weekly, and daily planning, it offers free videos as well as e-books to show you all kinds of strategies to help in all kinds of aspects of your life.

        You can get the Panda Planner here.

        3. Law of Attraction Planner

          This is the planner for people that want to manifest something new or exciting in their lives. It helps you to set goals through prompts, to-do lists, and goal-setting tools to establish habits. On the manifestation front, it provides sections for you to show gratitude, allowing you to be thankful for what you do have and are working towards. The planner also comes with a video to help establish a 10-minute morning routine and various stickers to make your planner more unique.

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          Purchase the Law of Attraction Planner here.

          4. Little More Daily Organizer

            While it only has 328 undated pages, it offers a great focus on monthly and daily goal setting. It’s ideal if your goals and habits that you’re invested in and really want them to be sticking. How it’s able to do that is through its flexible design and also providing space for you to outline actions steps, reflect on processes, and prioritize multiple goals.

            Grab your Little More Daily Organizer here.

            5. Erin Condren Petite Planner

              Only 80 pages long, it’s efficient with its space as its packed with all kinds of features for setting goals and stick to your plans. You’re able to describe your goal, outline a “why”, and put together an action plan. The other page is a way for you to chunk large goals and put them into more manageable tasks. All around it’s a fantastic planner.

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              Try the Erin Condren Petite Planner here.

              6. The 100-Day Goal Journal

                If setting goals for a year seems daunting, another one of the best goal planners that’s short is the 100-day goal journal. It has monthly spreads, daily reflection pages where you’re able to practice gratitude and check overarching goals. It even has space for you to reflect on current challenges and offer solutions to your problems.

                Take a look at the 100-Day Goal Journal here.

                7. SELF Journal

                best-self

                  The final of the best goal planners we have to offer is SELF journal. It offers daily gratitude acknowledgement, sections to track goals on a weekly basis and also has inspirational quotes to provide that extra push of motivation. It’s only got enough pages for 13 weeks, but it’s ideal if you set a lot of shorter-term goals and want those small habits to stick.

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                  Check out the SELF Journal here.

                  Final Thoughts

                  All of our goals are achievable with the proper mindset and a system to support it. Planners have been able to precisely assist those who struggle with getting started and need help in organizing their thoughts and putting it to paper.

                  For those who want to stick to habits, try out one of these planners to help you with that process.

                  Featured photo credit: Alexa Williams via unsplash.com

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