SMART goals fail to motivate
SMART goals fail to inspire visionary entrepreneurs. That’s because goals, over time, lose their appeal. As your motivation dwindles, the day to day operations gradually turn into a grind.
You then feel trapped. You go through the motions, but the burning desire to achieve something significant dampens.
Back in the 1980’s corporate employees were under-performing. SMART goals were put in place to cure that problem. Originally, business managers used this goal setting strategy to increase employee production.
For large corporations, even a 3-5% increase in productivity increases profits and share holder dividends. Such a small percentage doesn’t really excite most entrepreneurs. We’re seeking something more significant.
SMART goals lack inspiration
If SMART goals work for you, then continue using them. Something specific, measurable, attainable, relevant and time specific does serve a purpose. Goals, however, are not that inspiring. In fact, 92% of New Year’s Resolutions fail.
Yes, specific outcomes define your target. Defining the 5 W’s of who, what, when, where and why works for short term goals. Visionary entrepreneurs desire something more.
Measuring your success according to set numbers offers valuable feedback. When you define success solely by the numbers, you run the risk of judging yourself at the end of each month. Either you’re succeeding or failing. Develop a variety of ways to measure your progress. In fact, some of your indicators will be subjective.SMART goals fail to inspire visionary entrepreneurs. That’s because goals, over time, lose their appeal. Read full post. #getpaidwhatyoureworth Click To Tweet
Now it’s easy to argue about the importance of attainable goals. History proves, however, that progress occurs when a visionary challenges the status quo. Did Steve Jobs really know if the technology for the iPhone could be invented? Absolutely not. His vision propelled him to take a risk.
That leads us to relevance. There’s nothing realistic about the internal drive to challenge your comfort zone. Expect challenging moments where you feel like your kayaking through a Class 5 rapid. A recent example is Firm of the Future’s 2018 Grand Prize winner Cloud Bookkeeping Services of Canada. Because of technology, they’ve stepped up as advisors. Automation has freed up their time to focus on higher level services. As a way of giving back to the community, they educate and mentor.
SMART goals include time frames. You project dates to hit key milestones. This, however, fails to explain why some entrepreneurs quickly rise to the top, although their business is relatively new.
Tactics aren’t enough
Things rarely go as planned. Unforeseen obstacles can quickly bring all progress to a halt. SMART goals fail because they dismiss the most important factor. Goals overlook the inner drive that propel you forward. What’s your BIG WHY?
Determine your core reason to turn your vision into a reality. Don’t be shy – make it deeply personal. Are you pursuing this for yourself, or someone else? And, why? Something personally meaningful keeps you going, even when it’s tough.
Visionary entrepreneurs dig deeper
Visionary entrepreneurs are driven by an internal desire. It’s similar to the gravitational pull between the earth and the sun. An internal magnetic force propels them to rise up. It’s as if the only choice is to pursue their vision.
A compelling vision is more than a goal. And, it’s not based on logic. Unlike static goals, a vision is emotionally charged. As a business coach my aim is to help you maintain momentum. An inspiring vision motivates you to DO more and BE more.
Success is more than the numbersThings rarely go as planned. Unforeseen obstacles can quickly bring all progress to a halt. Read full post. #getpaidwhatyoureworth Click To Tweet
Here’s why a vision works where SMART goals fail:
- Challenge. A vision has a built in challenge. Visionary entrepreneurs savor the challenge.
- Commitment. It’s something you’re driven to do. That means sticking with it even when it’s uncomfortable
- Charged. Your vision engages your senses. You create an emotionally rich, vibrant story of what’s possible. Consider this your rocket fuel.
- Connection. You clearly see yourself successfully achieving your vision, although you may not know all the necessary steps. The plunge into unchartered territory requires a leap of faith.
- Celebration. Remember to celebrate the smaller successes which are tucked into your larger vision. They keep you going through the tough, challenging moments.
Hurdles and obstacles will arise. A crystal clear vision keeps you focused on the finish line. Now does this work for ALL entrepreneurs? Absolutely not. Even highly motivated entrepreneurs benefit from a business coach or mentor to quickly navigate through obstacles.
Don’t quit too soon
If you’re externally driven, then you’ll eventually throw in the towel. The money, the recognition, or the certifications are external forces. Each one is a milestone, an achievement. However, it’s not enough. Internal motivation, your BIG WHY, contributes to the success of any long term venture.
What drives you to achieve what others simply dream about? Research proves that a deeper purpose within keeps going, even when it’s tough. Revealing the underlying meaning, your BIG Why, is the fuel which keeps your fire burning within. Describe your purpose, something personally meaningful, which lights you up. As a visionary entrepreneurs, what’s your rocket fuel?
SMART goals eventually fail. Follow these recommendations for a business to be successful, and grow while keeping your passion alive. Are you tired of doing work for free because you don’t know how to charge for it? Discover how to get paid what you are worth and attract clients who understand your value. Right NOW claim your FREE RESOURCE to create value based pricing.