5 Reasons Why Setting Goals is Important in All Areas of Your life

Here we are again – the start of a new month; it’s also the last quarter of the year which means it’s time to get down to business if you want to achieve your goals, whether personally or professionally (or both).

When it comes to most areas of life, people tend to float around and embrace the idea of whatever happens, happens. They really have no set goals; keeping them in your mind does not feed them.

But here are 5 reasons why setting goals is important, no matter what you’re talking about, whether it’s work, play, or even relationships.

1. Goals keep you focused. Imagine a ship setting sail without a destination in mind—as it traveled wherever the winds take it, supplies would eventually run out, and the crew would probably have to resort to cannibalism in order to survive.

Okay, so maybe a lack of goal setting won’t yield such dire results, but you certainly won’t get anywhere specific if you don’t have a plan. Whether you’re talking about work, hobbies, or relationships, setting a goal will keep you moving towards success and fulfillment, without veering off course.

2. Goals help you make a plan of action. When you know how much you’ve accomplished, you can understand how much you need to achieve and pace yourself accordingly.

For example, if you set a goal for yourself to save up a million dollars for retirement, and you believe you’re two decades away from retiring having only saved up $500,000, then you know you need to save around $2,100 per month.

3. Goals get you motivated. Without a goal in mind, you can always say it will happen tomorrow—whatever it is. Of course, once tomorrow arrives, there will be a tomorrow after that, and so on.

Setting a goal with a timetable will force you into some accountability for your actions and force you to get up off the proverbial couch.  Goals feed determination through difficult times, when others less motivated would give up.

4. Goals help you actualize your potential. Each and every one of us has incredible talents and abilities latently existing within, but very few people actually leverage those talents into something useful.

Setting goals and working towards them is a great way to put your skills to work, while developing and sharpening your natural talents.

5. Goals keep you committed. One of the biggest deterrents to success is that people just give up along the road. If you set a goal for yourself and stick to it, you can block out unhelpful distractions and resist falling into depression or self-pity when things don’t quite go your way.

When you have written goals and follow-through, you know there’s an awesome view at the top of the mountain and you’re committed to seeing it, no matter how arduous the climb.

Here are some questions to get you started in setting goals to make this month both productive and profitable:

1. What is the goal you want to accomplish this month? What is the desired result? (be very specific)

2. Why this goal? Why is it important to you?

3. Is the goal realistic? Can it be reached in your time-frame?

4. What skills, tools, and resources do you need to make it happen? Do you have these? If not, how will you get them?

5. Why are you confident you can achieve this goal?

6. What steps do you need to take to achieve the goal?

7. How will you know when you have accomplished the goal and how will you measure it?

Answering these questions will give you clarity and a plan – now you just need to take action to get you ending the year your best.

If you’re needing help to set your goals, or to get your team finishing strong, let’s connect to see how we can help. https://eliteleadershipsuccessinstitute.com

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