You’ve probably set a few goals in your life, and if you’re reading this website, you’ve probably reached quite a few of them, but let me ask you this question – a question that will change the way you set goals for the rest of your life. Are you practicing effective goal setting?
Out of all of the goals you’ve set for yourself in your life, whether they were long-term goals or short-term goals, how many of those goals have you completely blown out of the water?
Probably not very many if I had to guess. Why?
Because something interesting happens when we set goals. When we set goals, we’re not just giving ourselves a target. We’re not just giving our lives a little bit of extra meaning.
We’re actually setting expectations for ourselves to live up to. We’re actively creating our self image. We’re literally painting the picture of our what we want our future to be, and it’s very likely to happen very close to the goals we set, especially for goal-oriented people like Academy Success readers.
Everything you do will be in line with the goals that you set. That’s why you should ALWAYS aim high with your goals. Otherwise you may sell yourself short.
Let’s say you currently make $75,000 a year, but you feel like you need more to live the lifestyle you want to live. So you set a goal to make $100,000 within three years. Awesome. Nice goal. Six figures baby. Go you.
So what do you do then?
- You figure out what its going to take to add that extra $25k, then you set out to make those things happen.
- Year one you negotiate a nice raise and get to $82,500.
- Year two you add some freelance income and make it to $95k.
- And year three you get another raise to hit the $100k mark.
Sure, but you could have done better.
What if you had set a goal to double your income, to be making $125,000 in three years? Considering you’re already aiming to increase your income to six figures, $125k isn’t that far fetched, right? Get some stones. Go for it.
You would have gone through the exact same process, but your tasks and milestones would have been a little different.
- Rather than that $7,500 raise, you would have dug a little deeper and figured out how to make that a $15,000 raise.
- Rather than just adding a little bit of freelance income doing projects here and there, you build a larger (and smarter) side-business bringing in an extra $25k a year.
- And rather than that final $5k raise to bring it all together, you figure out how to make it $10k.
Now you’ve got a $125k annual income, and a profitable side-business that you can grow even further.
Sure, the second situation is going to be slightly different, but you’re going to follow the same process. and you’re probably not even working that much harder. Each scenario played out in a very similar fashion. You just optimized and maximized more in the second.
The Effective Goal Setting Difference