To open your own business, after completing the first goals of taking a bookkeeping class and finding a location, you may set new goals to obtain a business loan to purchase a space and to apply for the proper business licensing through your local government. Afterwards, you can move towards buying (or leasing) the space, then obtaining the books you need, hiring staff, and opening your doors to business. Eventually you may even work towards opening a second location!
If you’re working towards becoming fit and you have set the smaller goals “to eat more healthily,” “to run a 5K,” and “to swim 1 mile, 3 days per week,” you may find that you do not have the time or energy to do all of those things at once. You can prioritize; if you want to run a marathon, first running a 5K may be more important to your goal than swimming every week. You may want to continue eating better, because that is good for your overall health in addition to helping you run.
When you set goals for yourself, it is important that they motivate you: this means making sure that they are important to you, and that there is value in achieving them. If you have little interest in the outcome, or they are irrelevant given the larger picture, then the chances of you putting in the work to make them happen are slim. Motivation is key to achieving goals.
An action plan is the road map you can follow that will get you to your goal. This will help ensure you don’t miss any important steps. Think of this as creating mini-goals, breaking bigger objectives into smaller steps, until you have “bite-sized” chunks. By doing this, your goal will seem less daunting and more attainable. Be specific about what you want to achieve each step of the way.
Some coaches recommend establishing specific, measurable, achievable, relevant, and time-bounded (SMART) objectives, but not all researchers agree that these SMART criteria are necessary. The SMART framework does not include goal difficulty as a criterion; in the goal-setting theory of Locke and Latham, it is recommended to choose goals within the 90th percentile of difficulty, based on the average prior performance of those that have performed the task.