Setting S.M.A.R.T. Goals

November 2017
By:
Shelbi Kribell

Setting S.M.A.R.T. Goals

Have you ever wondered why you’re not accomplishing your goals? Well, it’s probably because you’re not setting SMART goals! Setting goals is critical for personal growth. But if your goals are not SMART then they’re missing key elements needed for you to achieve them! Let’s break it down.

Not SMART:

I want to be a higher rank in Young Living.

SMART:

I will be a Royal Crown Diamond by January 1, 2018.

Specific: I’m defining what rank I want to achieve

Measurable: I will do that by getting my OGV to 1.5M at 6 legs with 35K

Attainable: I’m already a Crown Diamond and I have 5 legs at 35K but I need to get the last one up to 35K

Realistic: I’m committed to working on nurturing my team to get to this next rank

Timely: I’m making it timely by choosing a final date I want to achieve this

Not SMART:

I want to buy a house.

SMART:

I will buy a house by July 1, 2020. I’m not going to spend more than 200K and I will save $300 from each paycheck for a 25% down payment.

Specific: I’m defining my goal, timeline, budget, steps, and payment

Measurable: I will achieve this goal by purchasing the home

Attainable: I can accomplish this because I thought through how I will come up with my down payment

Realistic: I can afford this home because I know I will commit to saving for the next 3 years

Timely: I’ve chosen a date I would like the sale to be final

Are you setting your goals? And do you have them hung up somewhere you can see them every day?

Check out this Harvard study:

The Harvard Business School asked the graduating class if they had set written goals and created a plan to accomplish them.

84% of the class had no set goals at all

13% of the class had set written goals but had no concrete plans

3% of the class had both written goals and concrete plans

10 years later the 13% that had written goals but had not created plans, were making twice as much money as the 84% with no goals. The 3% that had both the written goals AND a plan, were making 10 times as much as the rest of the class.

https://www.wanderlustworker.com/the-harvard-mba-business-school-study-on-goal-setting/

So yes, setting SMART goals and writing them down is incredibly important. Get your game plan together!