LESSON #14: Setting Goals for Your Business

In the previous lesson, we talked about getting a vision for your business.

A vision is the big picture of where you want to go. You need to have a vision, otherwise you won’t be motivated, and you won’t have a clear direction for your business.

However, a vision needs goals and plans to go along with it…

(Watch this video…)

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Main points:

  • Vision vs. Goals. A vision is the big picture of where you want to go; a goal is a specific milestone that helps you get closer to your vision.

  • Important requirements for goals:

    1) they should be specific (measurable)
    2) they should be serious, but attainable
    3) they should have a deadline

  • For example: a goal may be to earn $10,000 of net profit before December 31st.

  • VERY IMPORTANT: Write your goals down, and keep them in sight.

  • (Story about the Harvard MBA graduates…) Those with written goals made 10X the income of everyone else combined.

  • I use a whiteboard… but a piece of paper is fine too.

  • You can have short term goals, long term goals, and everything in between.

  • Re-evaluate your goals periodically.

  • When you reach a goal, be sure to celebrate for a few minutes before setting the next goal.

    Action steps:

    1) Write down one goal, and put it somewhere near your computer.

    (Also please post it in the comments below)

    It should be specific, attainable, and it should have a deadline.

    Keep in mind that you will need to keep setting new goals for yourself as you build your business. As you continue with these lessons, it will become more apparent what your goals should be, so write them down frequently as you go through the process.

    Now you will need to develop a plan for reaching your goals, and I’ll be talking about that in the next lesson.

    As always, you are welcome to post your questions and comments below.

    Have a great day!

  • 868 comments on “LESSON #14: Setting Goals for Your Business

    1. richard

      my 1st goal is to have my business picked out,up and running within the next 30 days from today >8/30/2017
      My 2nd goal is to make $500.00 profit within the next 60 days from today’s date: >8/30/2017

      Reply
    2. Wendy

      September 18, 2017
      1. Finish all 100 Eric’s tips by Sept. 25th
      2. Begin making $1000 per month by Dec. 15th
      3. Have my financial planning book ready for publication by Jan. 1,2018
      4. Launch my book by Jan. 31st

      Reply
    3. George

      My first goal is to finish this course without being distracted by the endless offers that appear online.
      I would like to achieve this goal by December 2017.

      Reply
    4. Trudy

      My goal is to learn as much as I can
      to get a online business going !!
      Due my lesson’s every day..

      Reply
    5. Jared Sorensen

      My first goal is to select five ClickBank products related to my business, and set up a sales funnel for each of them by October 15, 2017.

      Reply
    6. Troy

      My goal is to have 10,000 a month by April 25, 2018

      Reply
    7. Chet Hiatt

      1. Complete this program by December 1,2017
      2. Be online and started by the same date

      Reply
    8. Betty Segneri

      My goal is to have income from e-books $100/wk by end April 2018.

      Reply

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