The Power of Goal Setting: How to Transform Your Life

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Every year I try and set business goals but kinda half ass it and what I realized is that if you half ass your goal setting, you half ass your results too. So this year I decided to invest in a goal setting workshop. It was great to see how other people set their goals for the year and decide what to focus on.

Grab a piece of paper or your favorite notebook and let’s get to it!

Know your numbers

The first thing we did was to look at our numbers for the current year.You cannot set goals without knowing where you currently are.

These are the numbers we looked at:

  • Total revenue and the breakdown of that revenue to determine what is bringing in the most money.
  • Total expenses and the breakdown of those expenses
  • Average monthly income which is your total income divided by 12
  • Net income which is your total income minus your expenses – in other words, your profit for the year

Time off

The next thing we did was to decide how much time we wanted to take off during the following year. This can look like:

  • taking off for a vacation 
  • deciding that you want to only work 4 days of the week and take one day a week off or 
  • even one week a month off

It’s up to you!

Reflection and Assessment

Reflect on the year that has just gone by and assess what worked and what didn’t work.

  • What were your wins for the year and what did you love doing? 
  • What did you find draining or challenging?
  • What needs improvement?

Braindump

Brain dump all the projects you want to complete next year. I added a mix of business and personal to my brain dump. There are no rules just write down whatever comes to mind. Some of mine are:

  • Create the Systems Makeover Magic Course
  • Grow my email list
  • Batch 6 months of weekly blog posts 
  • Create a process mapping challenge
  • Run Knysna half marathon

When you have your list of projects, you will need to decide which ones to focus on and which to discard or postpone. Criteria to look at is:

  • How easy is the project to complete?
  • How long will it take me to complete?
  • How much money will it cost me to complete?
  • Do I need help to complete?
  • Do I need to learn something new to complete?
  • How much revenue can this project make for me? (for non monetary goals think about what you stand to gain if your reach this goal)

To begin with, choose the projects that are the easiest to complete. I usually choose 3-4 projects per quarter.

Map it out

Now that you have my 12-16 goals for the year, it’s time to put it on the calendar. I LOVE using my goal setting table inside of my Airtable Business HQ for this but you can use any paper or digital database/calendar/project management tool for this.

The first thing I do is to add all of my goals to my goal table in Airtable.

Next I determine the area of focus for each goal

I then add the year, for this particular example I am setting goals for 2023 but you will see that I even have a 2024 goal in there ?

Lastly I assign the goals to quarters.

As you can see, I have way too many goals for Q1 of 2023 and none for Q4 so I will go in and shuffle them around so that the projects are evenly spread and to make sure that I am not overextending myself and heading for burnout by taking on too much.

Goal Drivers/tasks

It’s not enough to just set your goals and they magically happen, I wish!! You now have to create the goal drivers that will drive those goals and make them happen.

Goal drivers are the factors that are required to achieve that particular goal. Think about the individual tasks that need to be done in order to achieve that goal.

For example if you have a goal of growing your email list, what would you need to do in order to achieve this goal: create a lead magnet for people to opt into perhaps. You would also need to become more visible and that could look like: speaking on podcasts; presenting in summits or participating in bundled offers.

Look at the goal you have set for yourself. Now list out all the things that you will need to do in order to achieve that goal.

I list those out in my Goal Driver Table in my Business HQ. This table is linked to my Goals table so that I can easily see which tasks I need to complete in order to achieve that particular goal.

Above is my Goal Driver table with a linked field to my Goal table
Above is my Goal table again with a linked field to my Goal Drivers table so I can easily see exactly what I need to do to achieve that goal.

In conclusion

Setting and achieving goals is a crucial part of personal and professional development. It helps us focus our efforts, stay motivated, and track our progress. Here are some tips for setting and achieving your goals:

  1. Start with a clear vision of what you want to accomplish. This will help you focus your efforts and stay motivated.
  2. Make your goals SMART – Specific, Measurable, Attainable, Relevant, and Time-bound. This will help you break down your goals into manageable tasks and keep you on track.
  3. Set small, achievable goals as stepping stones towards your larger goals. This will help you build momentum and confidence as you work towards your ultimate goal.
  4. Write your goals down and review them regularly. This will help you stay focused and committed to your goals.
  5. Surround yourself with supportive people who will help you stay motivated and accountable.
  6. Celebrate your progress and reward yourself when you reach your goals. This will help you stay motivated and motivated to continue working towards your next goal.
  7. Don’t be afraid to adjust your goals if necessary. Life is full of unexpected twists and turns, and it’s important to be flexible and adaptable.

Want your own Business HQ? Grab our plug ‘n play Business HQ Magic™ template and training complete with:

⭐Company Information Table

⭐Goal Setting Tables

⭐Quick Links Table

⭐Coupon Codes Table

⭐Copy Bank Table

⭐Course & Course Notes Table

⭐Workflows & SOP’s Table

⭐Swipe Files & Templates Table

⭐Freebies Table

⭐Subscription & Expenses Table

⭐Lifetime Deals Table

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