The SMART criteria (Specific, Measurable, Achievable, Relevant, Time-bound) is highlighted as a powerful method for setting goals. Motivation, both intrinsic and extrinsic, plays a crucial role in achieving goals. Strategies like breaking down goals into manageable steps, overcoming obstacles, and accountability are essential for success. Expert insights from Angela Duckworth on grit and Brian Tracy on the "10-Goal Exercise" provide valuable guidance.