10 Crucial Benefits of Goal Setting

10 benefits of goal setting by Mark Pettit of Lucemi Consulting

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.

 

Amazing Creative Blogger Award

Thank you so much Gill Morris for nominating me. What a fantastic surprise.  A great big thank you goes out to Gill Morris for this award. Much appreciated, indeed!!

Gill Morris is an aspiring photographer who loves to capture life through the “round window”. Currently living and working in Bangkok as an English Instructor her camera won’t be far away from her.

I am honored and humbled  Suh Romanus  to receive and accept your award.

The Creative Blogger Award, a tag that encourages us to share some not so well known facts about ourselves and thus get to know each other a bit better

Please find the details here : http://talkingthailand.co.uk/awards/creative-blogger-award

Thank you for being part of this wonderful blogging universe, and I’m looking forward to reading your posts!

Thank you Gill, I am very much appreciated it, May God Bless you always.

Carla Dawn Dunlap creative art – http://flowofstardust.wordpress.com

 

Carla Dawn Dunlap – She s writing poetry and creating visual art works before she ever went to school. Her love for poetry has never wained throughout her life. In her mid teens she began writing seriously and to this day the Poetry & Prose which she shares with the world are considered highly spiritual and sacred to her.

I have nominated your blog as one of my blog- sunshine blog award & versatile blog award

Thank you. I’m humbled beyond belief. It is a real pleasure reading your blog and nominating me. You put a smile on my face to with the Sunshine Award. I’m always honored when someone takes the time to nominate me!

 

 

Thank you again Ruchi Chopra, you are amazing.

I have nominated your blog as one of my blog- sunshine blog award & versatile blog award, check this link thanks 🙂 good Wishes
http://ruchi2312.wordpress.com/2014/07/29/awards/

 

 

Mihran Kalaydjian Playing EL TANGO with his Musical Band

Mihran Kalaydjian ” Mino” young artist has style, smarts and technique. He created a stillness around himself that was so long and imposing in its defiance of expectations that your ear had to be glued to everything that came after.

The song ” Tango” is a duet with Jesse Cook, on May 1 Concert in Chicago.

A classical” performance with smooth, round, and fluid tone quality creating the most graceful pianissimos.

Musical Strength…commanding manner…grandeur and power

Seven Steps to Starting Your Own Business

By Mihran Kalaydjian, CHA

Consultant, Strategist, and Writer

Seven Steps to Starting Your Own Business

People are always asking for a list of fundamentals, a checklist they can use to start their own businesses. From your business type to your business model to your physical location, there are so many variables it’s not easy to come up with a list that will work for everybody. The key, regardless of what type of business you’re starting, is to be flexible!

That said, here’s are seven steps to take before you start your business.

Step 1: Personal evaluation.

Begin by taking stock of yourself and your situation. Why do you want to start a business? Is it money, freedom, creativity, or some other reason? What skills do you have? What industries do you know about? Would you want to provide a service or a product? What do you like to do? How much capital do you have to risk? Will it be a full-time or a part-time venture? Your answers to these types of questions will help you narrow your focus.

Step 2: Analyze the industry.

Once you decide on a business that fits your goals and lifestyle, you need to evaluate your idea. Who will buy your product or service? Who would be your competitors? You also need to figure out at this stage how much money you will need to get started.

Step 3: Make it legal.

There are several ways to form your business –– it could be a sole proprietorship, a partnership, or a corporation. Although incorporating can be expensive, it is well worth the money. A corporation becomes a separate entity that is legally responsible for the business. If something goes wrong, you cannot be held personally liable.

You also need to get the proper business licenses and permits. Depending upon the business, there may be city, county, or state regulations as well as permits and licenses to deal with. This is also the time to check into any insurance you may need for the business and to find a good accountant.

Step 4: Draft a business plan.

If you will be seeking outside financing, a business plan is a necessity. But even if you are going to finance the venture yourself, a business plan will help you figure out how much money you will need to get started, what needs to get done when, and where you are headed.

Step 5: Get financed.

Depending on the size of your venture, you may need to seek financing from an “angel” or from a venture capital firm. Most small businesses begin with private financing from credit cards, personal loans, help from the family, etc. As a rule of thumb, besides your start-up costs, you should also have at least three months’ worth of your family’s budget in the bank.

Step 6: Set up shop.

Find a location. Negotiate leases. Buy inventory. Get the phones installed. Have stationery printed. Hire staff. Set your prices. Throw a “Grand Opening” party.

Step 7: Trial and error.

It will take awhile to figure out what works and what does not. Follow your business plan, but be open and creative. Advertise! Don’t be afraid to make a mistake.

Above all, have a ball! Running your own business is one of the great joys in life!