Why It Is Important To Set Goals Properly. Part III

In your quest for success the importance of setting goals properly cannot be over emphasized.  The thoroughness of your method will determine the success or failure of your actual achievement.  Setting a realistic goal involves planning and research combined with a lot of creative thinking.

To think that you can just say that your goal is to become rich and really expect your goal to manifest itself is only an exercise of futility!

True goal setting involves so much more!

I’m going to tell you about a friend named Rick.  His story demonstrates the importance of achieving success with proper goal setting along with planning and a lot of perseverance.

I met Rick right after he began his business as a carpentry contractor.  He told me that he planned to get rich and retire with his business and like a lot of people starting business he was soon swamped with all the tasks and paperwork trying make his company successful.

Long story made short; he soon went broke and had to declare bankruptcy!  The thing is; he learned some valuable lessons going through the process.

After his ordeal he came to me as a client and asked for my assistance in restructuring his business and starting over.  We had several meetings and I counseled him during his planning.  As a result he proclaimed that his experience along with my advice made him aware that he was a business man in the business of contracting and not a construction man in business.

We spent hours planning and structuring his business model and thinking about the systems that would be essential to the success of his business.  After spending countless hours doing research and taking some evening courses to help him in areas where his education was lacking; he decided it was time to renew his career in the construction industry.

He began with a small construction company and implemented the systems that we discussed.  The company grew both in volume and with employees.  It didn’t take long before he was making a comfortable living and his company was doing work throughout the state.  The company was very successful!

The main objective in his business model was to make the business functional without him but to have the systems set up so that he was always in the loop and knew how everything was working.

His success with the carpentry company gave him the ability to open another company; this one was as a roofing contractor.  Again, he set up the roofing company using the same business model and the systems that he redesigned to accommodate the roofing industry.

Once the roofing company was profitable and going at the pace Rick felt comfortable with; he started another business; this time he opened a drywall company.  Using his same business model and systems it too was profitable.

Ten years later while we were having coffee he told me that he decided to retire and do some traveling.  By this time he had bought a ranch in Wyoming and he also owned a home in Mexico.  He had five (5) separate successful businesses!  I asked what he was going to do with his businesses.

He smiled and reminded me that part of his goal setting and business plan was his exit strategy when he decided to retire. 

Each company was an entity in itself and he had set up a purchase plan for his employees.  He had structured financing with several banks that would allow his key people to buy him out.  This financing along with some creative planning allowed him to walk away with more money than he would ever need.                                                

His story is the perfect example of proper goal setting and planning that I can think of, although, it did take a lot of perseverance and hard work.  It does show how good planning and good systems can lead to success!!

One of the best tools that I have seen for setting goals and monitoring your progress as you achieve your goals is Goals On Track. 

Here is a short video showing how the system works so sit back and enjoy the show!


If you would like to try the system with a 60 day guarantee please

Click Here!

 

 

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