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Goals 
setting
settin




          Smart Goals setting
          Smart Goals setting
Management Series
No one can cheat you out of 
ultimate success but yourself.
ultimate success but yourself "  
      Ralph Waldo Emerson 
We are intelligent 
  beings and as 
  beings and as
intelligent beings 
we need to have 
  SMART goals.
  SMART goals.
The acronym S.M.A.R.T. outlines the 
The acronym S M A R T outlines the
 set of criteria that your goal must 
 follow in order for it to be a well‐
   focused and achievable goal.
                             g
S.M.A.R.T
   Specific:                         Attainable: 
                                     Att i bl         Relevant: 
                                                      R l    t           Time‐
  Do you know      Measurable:       Is your goal     Is your goal     Sensitive:
exactly what you  Are you able to    within your        relevant      What is the 
      want to      assess your 
                   assess your              g
                                     reach given               y
                                                     towards your     deadline for 
accomplish with     progress?        your current      purpose in     completing 
 all the details?                     situation?          life?        your goal?
Create Goals
There is no place in your 
life for vague goals
Create Specific 
    Goals


Specific goal is one that is 
clearly defined in such a 
way that anyone could 
way that anyone could
come by and understand 
what you intend to 
accomplish
         li h
Create Specific 
    Goals



Bad Thought: 

"I want to write a book."
Create Specific 
    Goals



Good Thought: 
"I want to write a book on time
 I want to write a book on time 
management that is at least 200 
pages in length and have it done by 
December 16th. I'll commit myself 
                               y
to writing at least 2 pages every 
workday until I reach completion."
Create 
Measurable Goals
Measurable Goals




Always set goals that are 
measurable in some way.
Create 
Measurable Goals
Measurable Goals



You need to establish a 
measuring stick for assessing 
the progress towards your goals 
the progress towards your goals
because if you can't measure it, 
you can't manage it.
Create 
Measurable Goals
Measurable Goals



Bad Thought: 

"I want to be rich."
Create 
Measurable Goals
Measurable Goals



Good Thought: 

"I want to generate $100 000
 I want to generate $100,000 
in passive income within 5 
years from this date.”
Create 
Attainable Goals
Attainable Goals


Having high goals that stretch 
you is important, but you 
need to also need to create 
need to also need to create
goals that are realistic for 
your situation and skill level.
Create 
Attainable Goals
Attainable Goals



You will want to find that 
right mix of goal that is 
right mix of goal that is
challenging, but not extreme.
Create 
Attainable Goals
Attainable Goals


Bad Thought: 

"I want to become a
 I want to become a 
millionaire in 2 months."
Create 
Attainable Goals
Attainable Goals


Good Thought: 
"I want to become a millionaire 
within 10 years by starting my own 
  ithi 10       b t ti
personal development company 
and doing seminars all over the 
world and by creating a line of 
world and by creating a line of
passive income products.”
Create 
Relevant Goals
Relevant Goals


All of us should create a 
mission statement for 
ourselves which is basically 
ourselves which is basically
our purpose in life and all of 
our goals should spawn from 
that mission statement.
Create 
Relevant Goals
Relevant Goals


Bad Thought: 
            y ,
"Within one year, I want to 
become a warlord and have 
many loyal soldiers who will 
                              y
commit acts of terrorism on my 
behalf.”
Create 
Relevant Goals
Relevant Goals


Good Thought: 

"By the end of the year I
 By the end of the year, I 
want to build a philanthropic 
foundation that helps feed 
the homeless.”
Create 
Time‐Sensitive Goals
Time‐Sensitive Goals




 Every goal that you create 
 must be time‐sensitive in 
 nature.
Create 
Time‐Sensitive Goals
Time‐Sensitive Goals



Bad Thought: 

"I am going to do my 
homework."
Create 
Time‐Sensitive Goals
Time‐Sensitive Goals



Good Thought: 
        g g
"I am going to finish my y
homework by 8pm tonight and 
I'll achieve this deadline by 
spending one hour on each 
  p       g
subject.”
By spending some time towards making sure 
 y p       g                            g
    that your goals fit the SMART criteria, 
         you will ensure your success.
Goals Setting

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