How to Set & Achieve Business Goals for 2021 and Beyond

WELCOME TO 2021! A new year is here and with that new opportunities for growth… Have you started planning what you want the next year and beyond to look like? Setting business goals can seem daunting, especially given the year we’ve just had! But taking the time to define your goals can actually help you achieve them faster.

Here’s how you can transform your dreams into reality with effective business goal-setting (and a little hard work & dedication!).

DECIDE ON THE BUSINESS AND LIFESTYLE YOU WANT

What is it you actually want to achieve? This is a difficult question for some to answer. Don’t be afraid to dream big! The sky's the limit when it comes to goal setting for your future. 

Want 1 million dollars? Or to open 10 gym locations? 

You should also ask yourself what kind of lifestyle you want to have. If you focus on the business side of things alone, you run the risk of forgetting about your personal goals along the way. Mixing all aspects of your life together will help you create the business AND lifestyle of your dreams!

For example, if you want the freedom to work from anywhere in the world because you love travel, your business goals may be geared towards having the financial security to support this and ensuring your business can be run online.

It’s time to visualise whatever your heart desires!

SETTING ACHIEVABLE GOALS

Now it’s time to get into the nitty-gritty side of things… setting goals!

We’re sure you’ve heard this before, but the more specific you can be with your goals, the more likely you are to achieve them.

To do this you should break down big goals into smaller, achievable goals. A good technique to adopt is the SMART goals technique. Each goal should be:

• Specific

• Measurable

• Attainable

• Relevant

• Timely

Let’s say you want to accumulate $35,000 in revenue in the first quarter of the year. Ask yourself the below:

• How much per month does this equal?

• How many sales do I need to make in a month to reach this total?

• How many sales on average am I currently making per month?

• How can I increase my sales to reach this total per month? E.g. increase staff productivity, increase marketing efforts, add additional sessions, outsource help

Breaking down the larger goal into smaller achievable goals will give you more of an objective view of the steps necessary to reach it. It will also give you some milestone moments to celebrate along the way! 

SHARE YOUR GOALS

So you’ve got a vision of the business/lifestyle of your dreams, as well as a list of goals (both big & small!) to help you achieve it. Now what?

It’s time to share your goals far and wide!

You may feel scared to share them with the people around you, but this step is super important! Why? Because the people you share your goals with (family, friends, colleagues, peers, your accountant 😉) are going to hold you accountable to those goals and may even help you to achieve them.

MAKE ROOM FOR YOUR GOALS IN YOUR DAILY LIFE

You’ve dreamt, you’ve planned, you’ve shared - now it’s time to take action!

Putting in the work to ensure your goals become a reality is obviously essential, and the most effective way to do this is to weave it into your day-to-day life. 

Include those smaller, achievable goals into a daily to-do list so they aren’t forgotten. We personally love Trello for managing our to-do lists. 

You should also remember to review your goals constantly to make sure you’re on track to achieving them.

What are your goals for 2021? Let’s book a consultation and figure out how to achieve them together!