Advertising
Advertising

Last Updated on August 12, 2019

How to Makes Lasting Changes with Smart Goal Setting

How to Makes Lasting Changes with Smart Goal Setting

SMART goal setting is one of the most valuable methods used by high achievers today to actualize their life goals time after time. SMART goal setting is the inverse of random or carefree goal setting without strategy.

Perhaps, you’ve always wished to get back in shape but failed to act; or wished to get an annuity in place but failed to act; or wished to have control over your finances but failed to act. When you approach your goals with a carefree and nonchalant attitude you’re less likely to achieve them.

You should have a strategic goal setting method in place. It ought to be a time-tested and proven one. It ought to be purposeful. Without any of these considerations in view a person is likely to continue in a vicious cycle of failed goal realization.

To achieve your goals consistently and join the pack of high achievers out there who have consistently achieved much of their goals you must be prepared to do what these set of persons have been doing, and be ready to do the right thing: SMART goal setting.

What Is Smart Goal Setting?

SMART goal setting is a goal setting method that considers certain factors about a goal relative to the person setting it. These factors are simply the five different letters in the SMART acronym.

It is relative to the person setting the goal because what is true for A may not be true for B; or what is possible for A or within A’s ability to achieve may not be possible for B or within B’s ability to achieve.

The acronym SMART can be broken down thus:

  • S—Specific
  • M—Measurable
  • A—Achievable
  • R—Realistic
  • T—Time bound

Is it possible that this acronym can make a long lasting impact in your life?

Is it possible that a mere goal setting metric like SMART can help you achieve so many of your unfulfilled goals?

Is it possible that if you practice SMART goal setting you would be able to have faster results, understand your goals better, overcome the habit of procrastination, and achieve a lot?

The power to achieve your goals is in your hands.

It is important to extend the enquiry by asking:

Advertising

  • How many times have you said you’ll read two books every week but failed to do so?
  • How many times have you said you’ll cut down on your expenses so you can save enough money to make a down payment for that apartment building you said you’ll buy five years ago but failed to do so?
  • How many times have you failed to keep to your diet routine even after all the tears you shed realising you keep adding pound upon pound every day?

We all have goals and we all have twenty four hours at our disposal and no one has more or less of it. While some people find it easy to achieve their goals without procrastinating. some find it difficult doing so.

For some people who have succeeded again and again in achieving their goals they have simply found out an easy way of doing this. Is there something they know that you don’t?

How Smart Goals Make a Lasting Impact in Your Life

Through SMART goal setting, Stephen Cooley was able to grow his real estate business to the point of closing at $110 million in sales when the average price point of homes was between $100, 000 – $200, 000 in South Carolina.[1]

Through SMART goal setting Steve Jobs was able to improve the fortunes of Apple and prevent the company from going bankrupt even when it had barely 90 days left before being declared bankrupt.

SMART goals setting can make a lasting impact in your life:

Make Your Goal Clearer

When you use SMART goal setting it is easier for you to understand the various phases of your goal.

By using SMART you’re able to ask yourself relevant questions pertaining to your goal.

Motivate You into Acting on Your Goals

When you use SMART goal setting and break down the goal into smaller goals or milestones, the bigger goal no longer looks intimidating or impossible.

Jack Canfield, co-author of Chicken Soup for the Soul wrote in his book How to Get from Where You Are to Where You Want to Be about how they applied the rule of five in marketing their book, Chicken Soup and were able to make the book a best seller after some months. The rule of five simply means doing five specific things every day that will move you closer to achieving your goal.

In order not to be overwhelmed too, you would have to measure your performance using the right metrics. Here we are considering the Measurable and Achievable aspects of the SMART acronym. It is critical that you measure yourself in terms of lead measures.

What are lead measures? They are the things you do that leads you closer to your goals. On the other hand you would have to avoid “lag measures.”

While lag measures mean a successful outcome that you wished for and got, they can be emotionally draining and deceitful because whenever they don’t happen, you can become discouraged and so leg measures do not necessarily mean that you are getting closer to your bigger goal.

Advertising

So it is better to stick to lead measures.

Help You Save Your Time

You can achieve more when you’re strategic with your goal setting task.

To be strategic, your goal would have to be specific, measurable, achievable, realistic, and time framed. If you can’t identify any of these points in your goal, you probably will be wasting your time on a wild goose chase.

When your goals are written down, it’s easier for you to go into action mode.

Improve Your Self-Discipline

Self improvement is an important thing for everyone to do periodically. When you set SMART goals, it makes you realize that you have to sit up and work on achieving them.

How to Set a SMART Goal

To make your SMART goal works, follow the following tips:

Specific

Every goal ought to be specific. It is important to guard against making vague goals because even when they are achieved you may not know. This is because you weren’t specific enough.

For instance “I will start planning toward retirement” is vague. Rather than write that you could say, “I will start planning toward retirement by starting an annuity plan.” This is more specific.

So when you are specific on your goal it’s easier for you to identify all its components and work accordingly toward achieving it.

Measurable

Your goals must be measurable. When they are measurable, it’s easier for you to follow through.

A goal like this is not measurable, “I want to make millions of Dollars.” You can make it more measurable by saying, “I want to make one million Dollars selling one hundred thousand copies of my book at ten Dollars each.”

Also, using our example while explaining the Specific acronym, you can make the goal more measurable by saying, “I will start planning toward retirement by starting an annuity plan and saving $500 every month.”

Advertising

Achievable

How realistic or actionable is your goal? Is it practical enough to fit into a given time frame? Is it something you are able to achieve in your capacity?

A man would only be setting himself up for failure if he sets goals that are not reasonable.

A goal like this is highly unrealistic and therefore not achievable: “I want to be the Governor of Texas in six months” meanwhile the elections will be coming up in the next three years.

Goals must be written down relative to the experiences of the one setting them. They must resonate with you. It is important that you have at least some of the resources needed to actualise this goal.

It is also important that you consider your time frame. When the time frame to achieve a complex goal is too short it is rare that such goal will be actualised.

Thus, using our previous example if you write “I want to make one million Dollars in ten days selling one hundred thousand copies of my book at ten Dollars each,” you would only be setting up yourself for failure.

This is especially true if you’re not a popular author or if you’ve never sold even up to one thousand copies of any of your previous books whether e-copy or in print.

Realistic

Before you proceed to making the commitment toward that goal you need think about how realistic it is.

Being realistic means you should be willing to make all the commitments required for that goal to be achieved.

Time Framed

Every goal must have a commencement date and an end date written down. It is also important that you break down your goals into phases, chunks, bits, or milestones.

The act of having deadlines set to your goals is ample motivation that drives you into action. Without a deadline, it is not possible for you to know if you’re making headway with your goals.

“I will start planning toward retirement by starting an annuity plan and saving $500 every month for the next twenty five years” is a time framed goal.

Advertising

Remember that some goals are short term while some are long term. It is important to always bear this in mind because this will help you in making a clearer and realistic strategy for your SMART goal setting.

Without SMART goal setting in view, much of our goals may likely end in our minds or on paper or just midway into implementation. SMART goal setting reveals to us all the action points of our goals and helps us to have an awareness of every aspect of our goals.

The Bottom Line

I could go on and on. What matters at the end of the day is what you do with the contents of this article because the power to achieve your goals is in your hands.

It is not enough having a goal. It is not enough putting it down in writing. It is important having a strategy in mind while putting it down. This strategy is a guideline or set of rules that guide you. It is SMART goal setting in the given circumstance.

After writing down your goals you would have to be ready to take action. There should be a clear action point. Write down what you need to do on daily, weekly, or monthly basis.

As a matter of practice, it is important that you begin by putting down a single statement that captures best your goal. For instance, “I want to own a $200, 000 worth duplex by 1st of August, 2019.”

Now, you can break this goal into smaller goals by saving $17, 000 per month for the next twelve months. You would have to ask yourself if this $17, 000 is within your reach on a monthly basis. If you make up to $25, 000 per month and you spend $5000 for monthly upkeep then it is possible setting aside $17, 000 every month for this purchase.

When your goals are realistic, they make them worth the chase. One of the things to bear in mind is that in order not to be overwhelmed by the daunting nature of your goals remember to always break them into milestones, chunks, or bits. In fact, take one day at a time.

Do not bother yourself with the one year, three year, five year or ten year plan as this may likely overwhelm you with fear and doubt. Let your focus be on each day. What will I be doing today? Consider this and go for it.

More About Setting & Achieving Goals

Featured photo credit: Unsplash via unsplash.com

Reference

More by this author

Onis Sampson

The Founder of Staying True, a self development blog dedicated to teaching and exploring ways people can be their authentic, real selves.

How to Makes Lasting Changes with Smart Goal Setting

Trending in Smartcut

1 What Is Creativity? We All Have It, and Need It 2 How to Set Long Term Goals and Reach Success 3 Easily Distracted? Here’s How to Regain Your Focus 4 How to Answer the Interview Question “What Motivates You?” 5 Why You Need to Set Future Goals (And How to Reach Them)

Read Next

Advertising
Advertising
Advertising

Last Updated on January 24, 2020

10 Good Habits To Have in Life To Be More Successful

10 Good Habits To Have in Life To Be More Successful

Habits are behaviors and patterns that you showcase by default. They enable you to carry out crucial activities like taking a shower, brushing your teeth, getting prepared for work.

Interestingly, you follow this routine every day without considering them. Your unconscious habits create room for your brain to perform more advanced activities like problem-solving and choosing what book to read.

Everyone has habits, and several of those habits are activated every day. I would classify them into three groups:

  • The first category includes the habits that you hardly notice as they have become a major part of your life- such as brushing teeth or wearing clothes.
  • The second category comprises good habits to have to be more successful-like eating healthily, exercising your body and reading books.
  • The last group consists of those habits that are harmful-like procrastinating, smoking or overeating.

Habits are fundamental to becoming successful in life — or probably ending up a failure. Yet, as significant as habits are, some lack the knowledge of their capabilities.

Habits are default activities that you engage in without giving an afterthought. They are automatic behavioral or mental activities. They help you carry out some actions without exerting too much energy. They simplify your life.

Several people aspire to break bad habits. For instance, some people diet to stop overeating. They exercise to reduce obesity. Habits can hinder or impact your performance and productivity.

That’s why I would share 10 good habits to have to be more successful in life.

1. Begin Your Day with Meditation

I recommend mindful meditation early in the morning. This practice helps you to be in the present moment. Consequently, it enables you to be mindful of challenging situations during the day.

Different stressors may trigger as you go through the day; meditation helps you to remain calm before taking on the challenges.

Personally, it helps me to devise strategies and think about ideas. Meditation is a good habit to have if you want to be connected to what’s significant in your life.

Advertising

2. Be Grateful for What You Have

Sometimes, you waste time thinking of what’s not enough. You become immersed in those daunting challenges. However, challenges justify the presence of hope. When you have life, you have expectations. You will be free from challenges when you are six feet under. The only strategy you have to stop focusing on your problems is to focus on what you have.

Gratitude is a time-tested pathway to success, health, and happiness. It redirects your focus to what you have from what you lack. Here’s what James Clear does every day,[1]

“I say one thing I’m grateful for each day when I sit down to eat dinner.”

3. Smile

Can you pause and smile before you continue reading this?

Now here is what just happened based on research conducted by the Association for Psychological Science; you set a pace for living a happier life when you smile. A genuine smile or what’s called a Duchenne smile is a good habit to have if you want to find spiritual, emotional and mental peace of mind.[2]

Smiling induces the release of molecules that function towards fighting stress. The physiological state of your body determines the state of your mind. When you slouch or frown, your mind takes cues relating to unhappiness and depression. But, once you adjust yourself by putting up a smile, you begin to feel a new level of excitement and vibrancy.

Can you smile again?

4. Start Your Day with a Healthy Breakfast

Starting your day with a healthy breakfast is a good habit to have and forms a crucial part of your life. Nevertheless, about 31 million Americans skip their breakfast each day.[3]

If you are fed up hearing that breakfast is a crucial component of your day, you are only fighting the truth. If you want to become more successful, you need to ‘break your fast’ with healthy foods every morning.

This habit is not difficult to form if you usually rush out the door every single morning. You can wake up earlier to fix yourself a meal so you don’t break down during the day.

Advertising

Get inspired by these 20 Healthy Breakfast Choices That Will Save You Time.

5. Exercise Daily

One of the good habits to have is to exercise your body and muscles every day. You don’t have to run a marathon or lift a weight. You only need to engage in less strenuous activities that oxygenate your blood and inject endorphins in your body.

Jack Dorsey, the CEO of Twitter, classified exercise as a good habit to maximize his already jam-packed schedule.[4] He said,

‘I wake up by 5, meditate for 30 minutes, seven-minute workout times three, make coffee, and check-in.’

He said on Product Hunt that he follows this routine every day as it gives him a steady-state that empowers him to be more productive.

6. Manage Your Time as You Manage Your Finance

Another good habit is the act of managing your time effectively. This goes a long way to impact your achievement.

Time management is what separates the successful from the rest of the world as we all possess the same amount of time. How you leverage time determines your potential to succeed in life.

So how do you manage your time effectively?

Here’s Jack Dorsey’s recommendation in one of the Techonomy events;

“I accomplish effective time management by theming my days and practicing self-discipline. These themes help me handle distractions and interactions. If a request or task does not align with the theme for that day, I don’t do it. This sets a cadence for everyone in the company to deliver and evaluate their progress”.

And this is Dorsey’s weekly theme:[5]

  • Monday – Management
  • Tuesdays – Product
  • Wednesday – Marketing and growth
  • Thursdays – Developers and partnerships
  • Fridays – Culture and recruiting
  • Saturdays – Taking off
  • Sundays – Reflection, feedback, strategy, and preparing for Monday

No wonder he was able to run two companies when others were struggling with one job.

7. Set Daily Goals with Intentions

Everyone has goals. It may relate to business or personal life. The truth is, we’re all tending towards a particular direction or another. Nevertheless, while long-term goals can offer you direction, it’s your daily goals that you establish that help you develop short-term goals that are essential for your success.

Long-term goals may not give you the motivation you need to keep on. But when you implement your short-term milestones daily, you become fired up, and you can overcome the challenges that come with taking on bigger tasks.

Here’s the main truth:Successful people don’t set goals without establishing their intentions. According to Jennifer Cohen of Forbes,[6]

“What helps you to achieve your desired expectation is ensuring intentions accompany your daily goals.”

Be intentional about your daily goals!

8. Seek Inspiration

It is usually difficult to be inspired for a considerable length of time. Sometimes, you become discouraged and feel like giving up on your goals when things are not working out as intended.

A practical approach to stay on top of the situation is to inspire yourself each day. When you wake up in the morning after meditation, watch some motivational videos, and let the story of great leaders inspire you.

Establish what Anthony Robbins called the ‘hour of power.’ Determine how many minutes you spend but make it count. Inspiration is the fuel for achievement because when you can conceive it in your mind, you can accomplish it.

Advertising

Michal Solowow, an investor and the founder of Mitex, a construction company puts it this way,[7]

“The problems I encounter in everyday life motivates me to find solutions. This is a self-propelling mechanism. becoming a billionaire was never a motivating factor.”

9. Save Steadily, Invest with All Prudence

I can exhaust the good habits to have without talking about saving and investing. Most times, you overlook the significance of saving for the future when you are living in your present moment. According to CNBC, a $1000 emergency will propel several Americans into debt.[8]

However, it is not enough to save, and you must invest your fund and be wise with it. If you pay attention to this now, you will set yourself for a life of success in the future. Ensure you save at least six months in your emergency account so you can be prepared for any future emergency.

10. Budget and Track Your Spendings

Benjamin Franklin warned of taking the precaution of little expenses. He said,

“A small leak sinks a great ship.”

It is easy to discard little expenses, but the truth is they always add up. This happens when you fail to budget.

Budgeting is a good habit to have, which can impact your financial life significantly. The money you spend on extravagant lifestyles can be saved and invested in your future.

The Bottom Line

Endeavor to cultivate these good habits to have to become more successful as you journey through life. The quicker you cultivate them, the faster you achieve your goals.

More About Habits

Featured photo credit: Andrijana Bozic via unsplash.com

Advertising

Reference

Read Next