Create Specific Goals
Jack Canfield in his book, The Success Principles, states that Vague goals produce vague results. There is no place in your life for vague goals. Your subconscious mind will fulfill whatever it focuses on and if your goals are ambiguous or incomplete, then you will achieve results that are also ambiguous or incomplete. You want to make your goal as detailed as possible in order to achieve the specific results that you desire. A specific goal is one that is clearly defined in such a way that anyone could come by and understand what you intend to accomplish. Your goal should contain a detailed description of what you want to accomplish; when you want to accomplish it by; and the action(s) you will take to accomplish it.

Bad example: I want to write a book.

Good example: I want to write a book on time management that is at least 200 pages in length and have it done by December 16th. Ill commit myself to writing at least 2 pages every workday until I reach completion.

Create Measurable Goals
Always set goals that are measurable in some way. You need to establish a measuring stick for assessing the progress towards your goals because if you cant measure it, you cant manage it. A good measurable goal will be one where anyone can come up to you at the deadline and, by viewing the results, determine whether or not you have completed your goal. You also want to be able to see the progressive changes that you make on your goal so that you can judge whether or not you are reaching the completion of your goal. Select a standard unit of measurement that will enable you to see exactly how far you have come from the start of your goal and how far away from the completion of the goal you are.

Bad example: I want to be rich.

Good example: I want to generate $100,000 in passive income within 5 years from this date.

Create Attainable Goals
Having high goals that stretch you is important, but you need to also need to create goals that are realistic for your situation and skill level. Many people unfortunately set their goals and dreams so high that they are just not very realistic and, as a result, they never seem to reach their dreams in life. Creating goals that are not attainable is very disempowering and will only serve to demotivate you in life. Remember to set high goals, but be realistic about your goals. On the same note, goals that are too easily accomplished do not stretch you or make you grow as a person because they are not challenging enough. You will want to find that right mix of goal that is challenging, but not extreme.

Bad example: I want to become a millionaire in 2 months.

Good example: I want to become a millionaire within 10 years by starting my own personal development company and doing seminars all over the world and by creating a line of passive income products.

Create Relevant Goals
Having goals is great, but what is the underlying purpose for those goals? You want to create goals that are in-line with your personal mission statement or your purpose in life. Relevant goals ensure that you are dedicating your effort towards goals that are focused towards who you are as a person. It is similar to a college curriculum that focuses on specific courses for each major. All of us should create a mission statement for ourselves which is basically our purpose in life and all of our goals should spawn from that mission statement. Goals are just a means of achieving that mission in life. A goal can be very evil in nature and still abide by all the other criteria, but relevancy is the ethical check on that goal to make sure that this particular goal fits within your purpose in life.

Bad example: Within one year, I want to become a warlord and have many loyal soldiers who will commit acts of terrorism on my behalf.

Good example: By the end of the year, I want to build a philanthropic foundation that helps feed the homeless.

Create Time-Sensitive Goals
Every goal that you create must be time-sensitive in nature. Not having a time element attached to your goal breeds procrastination. We would simply be motivated to put the goal off for a later time and never get around to it. Goals must have definite starting points and ending points and milestones along the way.

Bad example: I am going to do my homework.

Good example: I am going to finish my homework by 8pm tonight and Ill achieve this deadline by spending one hour on each subject.

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