Setting personal goals is critical to the success of your business, not only allows you to choose the right type of Business for you, but also to understand your business as a tool to build a successful and fulfilling life.
In brief, a goal is just something you aim for. To define your personal goals ask yourself what is really meaningful to you and why? And make a list of goals you want to achieve in your life. Consider the effects that your business can have on your lifestyle, the way you work and income.
The process of setting goals forces you to think through what you want from your business and how growth may or may not provide that. Furthermore, it allows you to anticipate obstacles and choices that could guide the growth and thus improve the chances of achieving the goals in the first place.
SMART goals provide a great framework, within which to work, to improve your goal setting and help you create more effective goals. This tends to focus your efforts by helping you rule out actions that will not contribute to achieve the goals you have set.
Once your business vision and your personal goals are aligned, you are the main beneficiary of your everyday work and effort and while face great challenges and obstacles, you will find the motivation and courage necessary to move forward.