Goal setting is the process of deciding what you want to accomplish and devising a plan to achieve the result you desire. For entrepreneurs, goal setting is an important part of business planning.
This goal setting definition emphasizes that goal setting is a five-part process. For effective goal setting, you need to do more than just decide what you want to do; you also have to work at accomplishing whatever goal you have set for yourself – which means you have to create a plan so your work gets you where you want to go.
For many people, it’s the third part of the goal setting definition that’s problematic. They know what they want to do and they’re perfectly willing to work on it but they have trouble creating a plan to get there.
The undirected effort might help you accomplish what you want to do if by some fluke you do the right thing at the right time. Usually, it doesn’t. And then, because you’re not getting any results, you quit working at whatever it is and give up on whatever goal you’ve set.
So for successful goal setting, the first thing you have to do is close the gap between the end result you want and where you are now with a plan.