Tim Fancher

This blog is dedicated to helping small business owners achieve greater success in their businesses and balance in their lives.

Wednesday, December 9, 2009

Are You Happy With Your Results in 2009?

Have you ever made a New Year’s resolution? Lose weight, spend more time with the kids, quit smoking, or get organized? I’m sure we all have at some point in time. What were your results? Did you achieve what you wanted? Making a New Year’s resolution is nothing more than establishing a personal goal. It more commonly involves stopping something that we are doing or includes starting something that we aren’t.

What about goals for your business? Are you happy with your results in 2009? Do you want to have another year exactly like this one? If not, now is the time to start planning for next year.

In the business world, we commonly utilize the S.M.A.R.T. method for establishing goals. S.M.A.R.T. stands for:

Specific — stated in clear, objective terms
Measurable — the results of the objective can be measured
Achievable — the goal is in your realm of responsibility and control
Results-Oriented — the goal should define the specific results to be achieved
Time-Bound — specific time-frame information or target deadlines are included

You should establish personal goals and business goals as well. In fact, both your personal goals and business goals should be supportive of each other. Establishing and achieving both personal and business goals can generate a synergistic effect. Achieving one of your goals should get you closer to achieving another one. For example, stating that you want to get more organized at work and work fewer hours should support your personal goal of spending more time with your family and friends.

Similar to the S.M.A.R.T. method above, before you establish personal goals, you must be sure of a few things. It’s important to evaluate your goals before you commit. There are several questions that you should ask first:

1. Can I actually control it?
2. Do I really want it?
3. How much time will it take?
4. How will it impact others?
5. How will I measure my success?

The answers to these questions are critical if you intend to be successful with your goals. These questions are your foundation to helping you become victorious. Make sure you understand why these questions are so important.

The most important part of any goal is accountability! You have to either hold yourself accountable for your goals or find someone else to hold you accountable. If there is not consequences of your actions (or lack thereof), then what is the point of having a goal? If you want to be successful in 2010, then you have to accountable for your results!


If you need any help in establishing your 2010 goals, or if you have any questions at all, please don’t hesitate to contact me.

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