Watch the YouTube version of this episode HERE

Do you want to know the best method to set and achieve goals? In this episode, Tyson discusses the importance of setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals. 

Goals are only possible if they are specific, measurable, achievable, relevant and have a deadline. Many people are not able to reach goals because they are too broad and with that comes impossible ideals in order to achieve it. Goals need to be realistic to you and your lifestyle. If you have a goal to make $1 million in 2 years, think about the actual possibility of that. Think about how much money you make now and what your profit margin needs to be as a business owner to get there. It might include adding or removing a few things to get to that goal.

Tyson breaks down each aspect of SMART goals. The “S” is specific, which means narrowing down your goal to something simple. If someone asks you what your goal is, it should be clear and concise. “M” stands for measurable. A goal needs to be measured or tracked somehow. This could mean every week checking in on the numbers and seeing how things are going. “A” stands for achievable, in which a goal has to be realistic and in your capacity to achieve. If it is not, you need to figure out a way to make it possible. ”R” is relevant, which means the goal needs to align with your mission and what is within your vision. Finally, “T” stands for timebound, which is setting a deadline to finish your goal. Nothing will get done unless a deadline is set. This is not just the case for goals, but for projects. No project just starts and ends as there is work put in with timelines in place to make sure people are held accountable for the work. This applies for individual goals as well.

Take a listen!

00:24 The importance of setting SMART goals
1:13 The struggle with setting specific goals
2:56 The components of SMART goals

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