Stretch Goals…Step Forward & Grow

How high do you set your personal and business standards?  In my mastermind group we determined that we all set the bar pretty high for ourselves and we are committed to reaching and exceeding our own goals and performance standards.  Each of us has been an entrepreneur for several years and have each enjoyed many successes.  We also set the bar high when we were in school and in our prior careers.  As a successful mastermind group that has been together for 3 years our commitment to each other’s success is a testament of our high standards.  Our mastermind provides a solid, safe place to face our fears, brainstorm ideas and celebrate our successes.  In order to achieve our goals and dreams, each member of our group sets business and personal goals that will move us forward and allow us to grow. These are stretch goals.

Stretch goals are commonly referred to in the business world as a way to achieve more.  Stretch goals require a person or business to ambitiously extend itself  beyond what seems realistic within current paramentersJohn Miller wrote about the conflict between stretch goals and smart goals in his blog.  Here is the acronym he presented to explain how the two fit together:

“S = SMART goals that

T = teach an organization how to

R = reach higher levels of performance by

E = engaging everyone in

T = testing hypotheses through

C = cross-functional cooperation

H = in a humane fashion.”

Setting the bar high should be reflected in your performance as well.  Is the quality of the product you offer your customers reflective of your standards?  Continuous quality improvement will occur when you continually reassess current systems, standards and outcomes and then set the bar higher.  Rejig to keep things current, and to maintain quality and performance — it also keeps life challenging and interesting!

Elevating operations, goals, expectations and deliverables takes planning and dedicated effort.  A Coach or Mentor or Mastermind Group can help make you stretch and achieve your goals by keeping you accountable.  I challenge you to raise the bar in business and your own life and reap the rewards that follow.

You Want to Grow but Business is in the Way

http://www.igniteleaders.com/123rf.com

Over the past week I have been speaking with several business owners who want to grow their businesses but they don’t know how to take that next step without working more hours or losing money.  In other words, they are facing their own glass ceiling.  This scenario will impact many business owners who want to take business to the next level but don’t want to become more of a slave to their business or just cannot see the path to reach their goals. [Read more…]

Mastermind Your Way to Your Goals

Have you ever participated in a mastermind program?

If you have, you know how much a dedicated group of people committed to the success of each and every member can be to you achieving more in less time.

If not, you are missing out on one of the greatest tools available at your disposal.

Last week I attended the SOHO SME Expo.  This expo attracted small and medium business owners in a wide variety of sectors.  I had the opportunity to connect with many attendees while assisting a colleague,  Sue Clement, Success Coaching with her booth at the event.   I had the opportunity to share my programs as I networked around the room.  I was amazed at how many people had not heard about mastermind programs.  This struck a chord and I knew I had to share more information about this tool for success.

[Read more…]

It’s Time to Stretch

How high do you set your personal and business standards?  In my mastermind group we determined that we all set the bar pretty high for ourselves and we are committed to reaching and exceeding our own goals and performance standards.

Each of us has been an entrepreneur for several years and have each enjoyed many successes.  We also set the bar high when we were in     school and in our prior careers.  As a successful mastermind group that has been together for 3 years our commitment to each other’s success is a testament of our high standards.  Our mastermind provides a solid, safe place to face our fears, brainstorm ideas and celebrate our successes.

In order to achieve our goals and dreams, each member of our group sets business and personal goals that will move us forward and allow us to grow. These are stretch goals.

Stretch goals are commonly referred to in the business world as a way to achieve more.  Stretch goals require a person or business to ambitiously extend itself  beyond what seems realistic within current parameters[Read more…]

Set Goals: Embrace change!

Michael Walsh, Kaizen Consulting Inc (www.kaizenconsulting.com) describes a business as a tool that assists us to achieve something, just like a car or a stapler.  Although more complex, this analagy really resonnated with me.  Michael states “…businesses serve many types of goals — both for the destination as well as the process for getting there.”

Each year, I set goals for myself personally and for my business.  These goals are reviewed frequently – usually every quarter.  I am always amazed by how many people do not set goals and for those who claim to set them do not write them down.   If you do not set goals, how do you know where you are going and how will you know if you get there?

When I set my goals, I write them down in the form of a mind map — a pictoral and word format that helps me keep these goals in mind.  As a visual person, this format works best for me.  You may prefer a list  — there is no wrong way to record your aspirations!

Once you write your goals down, share them — with your employees, your friends, family,  mentors and supporters.  I have learned that people are interested in my goals and more often than not are willing to help me along my path to attaining them.  In turn, I help them too.

What happens when others don’t share your vision or goals?  Sometimes they worry you may not be successful.  Don’t be deterred if they don’t share your goals…keep an open mind, hear their concerns, ask questions to help you understand their perspective.  If necessary, you can make some modifications, or maintain your course.

Sometimes, along the way, a goal not longer fits, or requires some tweeking.  Was the original goal too short-sighted, too lofty, or has your direction changed?  Sometimes external factors have an impact or you learn something new about yourself that warrants the shift.  It’s ok to change goals but make sure the changes are not just “the easy way out”.  Achieving goals takes time and effort, patience, perspective and perserverence.

Goals help you make the changes you want to make.  They are a vital part of strategic planning and business development.  They are not without risk but unless you are willing to stretch outside your own comfort zone  you will be limited in what you can achieve.  When you hit a hurdle, review, ask for help, refocus and keep on moving one foot in front of the other.  Fear of failure will only hold you back.   Make the decision to set your own goals for yourself or consider reviewing your business’s strategic plan and ensure it is relevant and allowing you to move forward to the future you desire.

“Using the power of decision gives you the capacity to get past any excuse to change any and every part of your life in an instant.” – Anthony Robbins

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