Business Marketing Magazine Summer 2017 January 2016 Creating Clear Businesses | Page 27

• Is this really my goal, or something that I think is expected of me by my peers, family, or society? The fact is that trying to live up to other people’s expectations has caused more stress and more burnout than almost any other factor. How did I come up with this goal? For example: My family and I decided together to work to create or increase the size of our business. • What will change in my life if I obtain my goal? Always remember that there is a cost that must be paid to achieve every goal. Again, there is no such thing as a free lunch. • When, where, and with whom do I wish to attain my goal? For example: With my family’s help, I expect to achieve my goal of producing and selling X new units by the end of the year. • What will happen if I obtain my goal? What will happen if I don’t? Why is this important? Note: This is particularly important because the way we define the results of not attaining a goal are a large factor in how stressful a goal becomes. It also determines how effective this goal will be in motivating you. Obtain? For example: If I achieve my goal, we will be able to afford better schooling for our children. This is important because I want them to have every opportunity for success. Don’t Obtain? For example: If I don’t achieve my goal, my daughter will continue at her present high school. An average high school, it should not hold her back, but will not give her college applications the ready acceptance that graduation from a top prep school could. For the better? For example: We will be able to afford to send our children to better schools / colleges. For the worse? For example: We will have to sacrifice most free evenings for the next X years to achieve our goal. The average entrepreneur spends up to 80 hours per week on their business. Not surprising, this has often proven disastrous to marriages. • How will I know when I have achieved it? How will I measure my progress? (see step 3 from “Six Steps of Goal Setting”) • Related to the above is the question of, “How do I know if my goal is really worth obtaining?” Did someone else tell me? How do they know? For example: “Everyone says it would be great to be a millionaire entrepreneur.” How do they know? Are they millionaires or even entrepreneurs? If so, are they happy? (Many aren’t!) Why are they happy? Did achieving this goal make them happy, or were they happy before? For example: A good education gave me the opportunities I now have. I feel it is very important to provide the same quality education for my children.