Goals should always be measurable
Having a goal, such as achieving financial freedom, is nothing more than a wish. What is financial freedom? What does it really mean? Does it mean you are earning more money than you know what to do with? Does it mean you can retire? You must be able to determine when you have reached your goal. There should not be any room for doubt. Either you achieve it or you don’t. There is no such thing as “maybe”. Timing plays a major role. Without setting a clear timetable you will not be under any pressure to take action. It will simply be too easy to say “I am going to wait until next week…” Before you know it, next week will be next month…
To summarize: Think big, but be realistic and set very clear and measurable goals that can be achieved by a specific date in the future. Goals that will make your dreams come true.
Tip: Split some of your major goals into sub-goals. Whenever possible, take a long-term goal that should be achieved in say three years and formulate it as well based on yearly, monthly and even daily sub-goals.
Example: Assume you are currently earning $1,000 per month and your goal is to earn an additional $2,000 per month within 12 months, working part-time doing affiliate marketing.
You are not going to be earning $2,000 extra per month from one day to the next. No, it is a process and you need to start today. Most affiliate marketers start small. They start by earning small commission checks that gradually increase as they learn, gain experience and really start believing in what they are doing. $24,000 per year or $2,000 per month is an average of $461.54 per week or $65.93 per day. Based on this, a goal of earning an extra $2,000 per month within 12 months means earning an extra $65.93 per day. Granted you will earn more on some days than others. There will even be days where you earn absolutely nothing. However, by splitting a 12 month goal into monthly and daily sub-goals you create a sense of urgency. Remember, your goal is to achieve an extra $2,000 in 12 months time, meaning you do not have to be earning an extra $65.93 per day immediately. However, you need to work towards this goal.
It always helps to have daily monetary goals
Even if you do not earn any money on a particular day you should be able to honestly answer that you have put in the required effort on that day that is directly related and beneficial to your long-term goal. The question you need to ask yourself every morning is “What do I need to do today to ensure that I achieve my long-term goals” and every evening “What have I done today that will ensure me realizing my long-term goals”. You see, your daily actions are directly related to you achieving your goals. It may sound logical and obvious, but by listening to other people explaining what they have done on a specific day I often understand why they do not move forward financially.
Without doing this it is easy to procrastinate and to waste time on tasks that are not going to help you achieve your long-term goals. The actions you take today can lead to a nice long-term income. But, you need to know what and how many seeds you should sow every day to get the harvest you are anticipating. There is nothing wrong working only five days a week. Hey, there is nothing wrong working only two hours a week. Just remember to adjust your goals accordingly…
Goals are not cast in stone. Circumstances change.
You may get a huge promotion at work and decide to only do internet marketing as a hobby. You may consider earning $200 extra per month from your “hobby” may be great. On the other hand, you may decide that you enjoy internet marketing so much that you want to do it full-time. If this is the case you may need to adjust your goals and number of hours you spend on building your internet marketing business as Briana Booker – expert writer for New Theory has described in her awesome article about making your first dollar online. It is OK to be flexible. However, don’t change goals like you change underwear or your goals WILL become meaningless. Make a point of reading your goals every single day, preferable twice a day, in the morning as well as the evening. Being goal orientated will help you to stay focused.