Mihran Kalaydjian's Official Blog

The benefits of goal setting are tangible and significant.   If you can successfully set and achieve your personal and business goals you will experience many benefits and improvements.  Setting goals gives you greater clarity on your future, increases focus, triggers new behaviours, guides your actions and gives you a clear purpose in life.  Goals provide direction and a clear focus on what is most important in your life.

Setting goals transforms how you invest your time, energy and focus and provides motivation to take action on achieving your goals.  Having goals provides clarity on your vision and ensures that vision is aligned with your daily goal achievement activities.  The benefit of goal setting means you have a greater focus on where to invest your time and energy each day.

Setting goals that are specific and measurable is beneficial as it gives you a clear path and plan to make progress on your goals every day.  This intentionality ensures you achieve a sense of personal satisfaction, momentum and motivation every day.

In this article I’m going to share the importance of goal setting and 10 benefits of goal setting.

The Importance of Goal Setting

Setting goals gives you a long-term vision to work towards and short-term targets to focus on each day.  Goals create the framework to organise your time, energy and focus each day.  Setting goals helps you stay motivated and excited and guides your daily action plan so it always aligns with achieving your goals.

The process of setting goals is important because it helps to clarify what’s truly important to you, and gives you a clear path and plan to pursue those goals.  In addition to improving your daily performance, people who set goals are more productive, more creative, have more confidence and are less stressed.

Effective goal setting gives you clarity on what you want to achieve in life and gives you a proven framework for taking action to achieve those goals in a focused, effective and decisive way.  Understanding the benefits of goal setting improves your ability to achieve your goals.

Goal setting success starts with having specific, measurable goals with a deadline.  These goals are more effective in improving performance than goals that don’t have a number attached or a deadline to achieve the goal in.  Choosing an effective goal that is specific and measurable means you’re committed to actually achieving the goal.  Read more with my complete guide to goal setting.

Benefits of goal setting

Here are 10 benefits of goal setting.

1. Direction

Goals give you a direction, purpose and destination to reach.  Having a clear, exciting goal inspires you to take action.  Goals provide a direction and purpose and a clear destination to reach.  Having clear direction gives you a sense of purpose in life and a specific focus each day to organise your time, energy and actions.

Goals gives you a clearer focus to help you plan better, make better decisions and help you manage your time effectively.

2. Greater productivity 

Goals provide specific measurements and achievements to work towards each day, which increases productivity.  With goals you get to see the measurable progress you’re actually making.

Having monthly, quarterly and annual goals gives you a target to shoot for and a measuring stick to track your progress daily, weekly and monthly.  Read more about setting measurable goals.

3. Improved prioritisation   

Goals give you emotional and intellectual engagement on the outcome of your goals, ensuring you are committed to take daily action.  Having specific, measurable goals guides your action steps every day.  Goals help you clarify where you are now and where you want to be in the future.  Goals help you visualise the future you want, and provide the framework for achieving your goals.  Read more about how to achieve your goals.

4. Increased focus

Goals give you a daily focus which helps you achieve better and faster results.  Without clarity on your goals it’s difficult to stay focused.  Goals provide daily motivation to ensure you stay focused and take action every day to achieve the things that matter most to you.

Having goals gives you a clear plan and path to follow every day, which eliminates distraction, overwhelm and procrastination.  Read more about how to stay focused.

5. Greater clarity 

Goals give you clarity on what’s most important to you on life.  Without goals you will waste time on countless activities that don’t move you forward in life.  Having goals triggers an increased level of clarity and motivation to help you make progress in your life every day.  Effective goal setting gives you control of your future and makes it easier to capture bigger opportunities.  Goals enable you to prioritise your time and energy.  Read more about how to prioritise.

6. Improved accountability

Goals give you greater accountability.  Having goals ensures you are crystal clear on what you want to achieve and how important achieving that goal is.  Goals help you visualise yourself in the future having achieved your goals, and give you the inspiration to take action every day.

This emotional engagement with achieving your goals helps you stay accountable through daily actions.  Read more about the benefits of working with an accountability coach.

7. Better decision making  

Goals help create better boundaries around your time, energy and focus, which improves decision making.  Having goals gives you a clear framework to manage your time and energy.

When opportunities come up, having clear goals, allows you to make decisions about whether to take action or not.  Goals get you clear on your purpose and ensure your daily actions align with your goals.

8. Control over your future

Goals help you take control over your future.  Without goals you lack direction and give the power to other people to choose how you should spend your time and what you should focus on.  Having goals gives you direction and motivation to take action to achieve your goals.

Goals help you take control over the future you want for yourself, which ensures you make better decisions in the present.

9. Increased motivation

Goals increase excitement and inspiration.  Having goals gives you that added bit of motivation you may need when you don’t feel motivated or experience some setbacks.

When your goals are exciting you’ll be motivated to take action, even when you don’t feel like it, because you know the outcome of reaching your goal will be so transformational.  Read more about how to get motivated.

10. Greater inspiration

Goals which are exciting and motivating inspire you to take action every day.  Measurable goals give you a framework to see the progress you’re making every day towards achieving your goals.  Without clear measurements you won’t have a clear destination or know when you’ve reached it.

Making progress on your goals builds momentum, motivation and excitement.  When you see how far you’ve come towards your goal achievement, you’re even more motivated to carry on.

Summing Up

Setting goals can transform your life.  The simple act of setting goals that are specific and measurable can transform your habits, your mindset, your confidence and your daily actions.  The benefits of goal setting are endless.

Goals provide direction and purpose.  Having goals trigger higher performance, greater productivity, greater creativity and greater focus.  Set a goal today and see how far you can go.