Obstacles are those frightful things you see when you take your eyes off your goal. – Henry Ford
Real estate can be a lucrative business. However, a person can also spend a ton of time spinning their wheels not knowing what to do. There is one way to help you to stay focused and that is to set goals. As my career rolls on, I have realized the importance of setting goals. This article is to serve as a basic guide to setting goals. This guide will help you get started, however, you will eventually create your own ritual for setting goals.
The first step to setting any goal is to be clear about what you want. Do you want to buy rentals, flip homes, or generate quick income? Don’t worry if your goals don’t seem “realistic,” but do be realistic about where you are starting. When working towards your goals, you’ll find that achieving a goal requires work…and the bigger the goal, the more work you’ll be required to do. So, set your goals per the amount of work you are willing to put in.
Next, select the desired time frame in which you want to accomplish your goal. If you don’t have a time frame attached, then it will be difficult to take the necessary actions to accomplish your goal. Without a time frame, life will most certainly get in the way.
Now that there is a time frame attached, what are some smaller steps you can take to move toward your overall goal? I like to set small, frequent goals that will get me closer to the big goal. I set daily, weekly, monthly, and quarterly goals, thus removing the guess work of what I should be doing daily. There are two reasons for doing this; 1) I achieve goals along the way, which keeps me motivated and 2) if I only have one big goal with a time frame of a year, it is easy to lose sight over a 12-month period. Therefore, it’s important to set small, attainable goals to make it easier to get to the big goal.
The research doesn’t lie: goals are a necessity in creating success. To begin, start by deciding what it is you want. Second, set a time frame in which you will acquire your desire. Third, set smaller goals that take you toward your bigger goal. Following this basic, simple process will help you achieve success.