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Published on September 5, 2018

How SMART Goal Setting Makes Lasting Changes in Your Life

How SMART Goal Setting Makes Lasting Changes in Your Life

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:

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  • 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:

1. 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.

2. 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.

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So it is better to stick to lead measures.

3. Help you save you 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.

4. 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.”

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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.

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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.

Over to you: Time for you to act now

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.

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 SMART Goal Setting Makes Lasting Changes in Your Life

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Last Updated on January 9, 2019

7 Signs You’re Ready to Change Your Life (And What to Do Next)

7 Signs You’re Ready to Change Your Life (And What to Do Next)

Changing your life can be both scary and exciting, but more than anything it’s necessary to grow. Most people come to a point one day where they have to make a change in their life to either grow personally or professionally, but it’s hard to figure out when you’re ready to make that change.

So how do you know when it’s time that you’re ready to change your life?

The truth is there is at least one sign in front of you that you have been ignoring or not even noticing. This article will take you through 7 signs that shows you that you’re ready to take that next step.

1. Your Motivation Is Gone

Humans all have something that makes them tick. A goal that makes them wake up at 5am even though they would love to sleep in late. A drive that makes them decline social events, because their jobs need them to stay all night, or maybe it’s the opposite and you attend social events to please the ones close to you.

It comes from your motivation to succeed either professionally or personally, but once the drive is missing, then you can’t keep going and you will lose your motivation.

If you suddenly can’t find that drive inside you once had, then it can be a sign. It can be your needs or wants that have changed. The important thing is that if you don’t feel the same motivation any longer, then it’s time to do something about it.

We’ve been taught to keep going even when it gets tough, but it’s okay to change and redefine yourself. It’s not about giving up. It’s about stopping up and revaluate whether you still want the same things in life.

Sometimes you may find out you still want the same time, but the way you’re going about it isn’t working for you.

Chris Sacca, an American venture investor, and entrepreneur, bought a cabin in Tahoe’s less-expensive neighbour and moved to the prime skiing and hiking country when he felt his motivation sliding away. He still had the same goals, but described a need for a change in his life to get back the right mind-set:[1]

”I wanted to have the time to focus, to learn the things I wanted to learn, to build what I wanted to build, and to really invest in relationships that I wanted to grow, rather than just doing a day of coffee after coffee after coffee.”

If you still want the same things, then do what Chris Sacca did and change your daily routine. If you want new things, then maybe it’s time to quit your job, or make a change in your personal life.

It doesn’t mean that you have failed. It simply means you are ready to focus on what matters: You.

Find your passion and motivation back to live a better life with these tips:

Want to Know What Truly Motivates You, and How to Always Stay Motivated?

2. You’re Unhappy at Least Once a Day Every Day

We tend to ignore unhappiness because it’s normal to get upset or feel a bit down. It’s true. It is normal, but if you feel unhappy every day and usually without even knowing exactly why – it’s a sign.

A task, a job or a relationship can be both giving and draining — most often both. While we have to accept a certain struggle, we don’t have to accept being unhappy.

Here’s a little test you can do easily:

Take a look at what you do every day, and take a look at the things you have assigned yourself. How many of these things do you do for yourself? And how many do you do to please someone else?

Once and a while, we need to take a step back and look at our to-do list. Are you dealing with a to-do list of others, or your own to-do list? There is a difference.

This can easily be misunderstood, but you need to remember it’s not about being selfish or lazy. If you’re unhappy on a daily basis, then you can’t make other people happy in the long run either.

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If you’re unhappy every day, then it’s time to recognize it as a sign that you’re doing something wrong in your life when it comes to your own happiness. It might have seemed right before, but it’s clearly not doing you any good anymore. You’re ready for a change.

You can learn how to be happy again from this article:

How to Get Motivated and Be Happy Every Day When You Wake Up

3. The People Around You Are Changing

The grass is far from always greener on the other side of the street (at least most of the time), and while we shouldn’t compare ourselves to the people around us on a daily basis, it’s okay to take a look once a while.

The people you surround yourself with often reflect back on yourself. If you’re going through a phase where most of your friends have been going out all the time, and then they suddenly start to focus on work and family, it might be a sign.

This by no means imply you should change your life if you’re still feeling fulfilled and good about it. But if you turn your head and start noticing a change around you and it makes you rethink things, it’s probably a sign of you being ready to change as well.

4. You’re Bored

A healthy life shouldn’t be all fun and games, but if you’re starting to feel bored on a daily basis, then it could be a sign. There’s a difference between waking up on a Sunday and not knowing what to do, and waking up every day and feel bored.

Maybe you don’t feel challenged in your job any longer, or your normal idea of fun is no longer giving you the enjoyment it once did before.

Take the time to check with yourself. Are you just bored? Or do you need something more in your life?

Humans are run by habits and routines, which makes it tough to change them. It also makes us stay in bad situations much longer than needed.

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It’s always hard in the beginning but you can do it! Take a leap of faith and change your life.

5. You’re Stressed

Stress is probably one of the most common signs that you’re in need of a change, but it can also be one of the signs that can be the hardest to react upon. Because when you’re stressed, you automatically feel anxious about making a change.

It can be hard to deal with stress, but luckily there are many different types of solutions to deal with it. It often comes down to trying different ways and figuring out what works for you.

Tim Ferriss notices that:[2]

“More than 80% of the world-class performers I’ve interviewed have some form of daily mediation or mindfulness practice.”

Take a look at this to find what’s best for you to relieve stress:

The Healthy and Unhealthy Coping Mechanisms for Stress

But sometimes all you need to do is to figure out what is stressing you out and whether it’s worth it. If the stress comes down to being a sign, then you need to accept it and create a change in your life, because you’re clearly ready.

6. You’re Scared

Everybody lives with fears. They’re afraid of losing someone. They’re afraid of losing their job. They’re afraid of making the wrong decisions. They’re afraid of a lot of things because life is pretty scary.

The trick is to recognize whether the fear drives you or brings you down. It’s okay to be scared, but it’s not okay to live in constant fear.

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If you’re scared about a specific thing or just feel anxious on a daily basis, it’s time to get a better understanding of where it comes from and also see it as a sign.

When you’re already scared, it can be tough to consider making a change in your life, but look past the fear and know that you can choose to stay in this state of mind or work through it.

Try to visualize a future where the fear is no longer present and use it as a tool to make the hard decision now and change your life for the better.

This guide written by the author of Fight the Fear – How to Beat Your Negative Mindset and Win in Life will help you conquer your fears:

How to Overcome Your Irrational Fears (That Stop You from Succeeding)

7. There’s No Stimulation in Your Life

Humans need stimulation in their daily lives because we will feel scared, stressed and unhappy at times. If you can tell that you no longer have that stimulation in your life, then it’s a sign that you’re ready for a change.

What drove you in the past or got your heart pounding faster once might not do the same for you anymore. Before you get to the previous mentioned state of minds, you can get ahead of things and recognize this lack of stimulation as soon as possible as a sign.

The Bottom Line

All changes are hard and shouldn’t be taken lightly, but we need to start seeing change as a positive rather than (as we often do at first) a negative. Changing your life can be tough, but it’s worth it.

Once you decided to change your life it won’t be easy in the beginning. Try to use a phrase Chris Sacca used when he was going through the same:[3]

”I had a phrase I kept repeating in my head over and over again, which was, ‘Tonight, I will be in by bed…”

This will help you remember whatever you’re feeling right now is temporary. But if you don’t find the courage to make a change, then the negative feelings and emotions you’re dealing with won’t be.

Featured photo credit: Joshua Ness via unsplash.com

Reference

[1]Tim Ferriss: Tools of Titans, page 165
[2]Tim Ferriss: Tools of Titans, page 149
[3]Tim Ferriss: Tools of Titans, Page 167

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