Setting goals is a fundamental component to long-term business and financial success. Goals are a conscious decision you and your company make to help you clearly define and understand where you are and where you want to be.
In a recent Goal Setting article, the first key to setting achievable goals was to create a specific target. These targets help you focus and allocate your time and resources efficiently, and they can keep you motivated when you feel like giving up.
The second part of the Goal Setting Process is the creation of a Roadmap.
This is the creation of the strategies, plans and action steps that are required to achieve your target.
As the saying goes, “when you fail to plan, you plan to fail.” To me this means you can set all the goals and targets in the world, but unless you have that clear roadmap to support the target, it might be a long bumpy road to get there, full of obstacles, challenges, and a lot of swings, roundabouts and dead end roads.
Goal Setting Principle: The issue is that most people try to set out to achieve the ‘how’ without first knowing the ‘what’. This can end up wasting time, energy, money and resources.
Strategy -> Plan -> Action Steps:
Your Strategy consists of:
- Your strategy is an explanation of the goals you need to achieve with your Efforts, Time, Energy, Money and Resources.
- The ‘What’ has to be done.
Your Plan consists of:
- Your plan is how you are going to achieve those goals. It is the application of your strategy. A roadmap that will guide you from one point to another.
- The ‘How’ to do it.
Your Action Steps consist of:
- The activity and steps broken down into bite sized pieces to achieve items identified in strategy and plans.
By having the roadmap in place, you not only do the right things in the right order, but you envisage all the possible obstacles and stumbling blocks along the journey. Let us show you how to get started with our proven 4-It System to grow your business in less time.
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Rob Kropp – The Profit Coach
About the 4It System for your business and life: The Make It, Manage It, Keep It, Grow It™ (4-It System) will help you structure your business in a way to make leveraged profit. Manage excess earnings so you can scale effectively. Keep more money in your top pocket. Then grow it, so you can play a much BIGGER game than just the business. Your wealth will expand as your financial freedom turns from a dream into a reality through building a business, living a life and leaving a legacy.
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Ever feel like your business has plateaued? Corie Morrad was stuck at the $1 million/year mark, working 100 hour weeks and never seeing his family…
But with a few tweaks to his business he’s now up to $4 million (and he’s got his life back).
See how we did it in this free video case study