216 - Why you need to set goals for your business

Business Legal Lifecycle Podcast

It’s time to set some goals for your business. But why even bother? Today, we’re going to reveal why setting goals is so cricual. Those goals are going to be different depending on what kind of business you’re in. But the most important thing is that you sit down and actually think about it. If you don't know where you're going… How are you going to get there? At a point unless you have those goals set you’re not going to get lost along the way. You need to have a steady target to aim at. You can also prioritize tasks and allocate resources better by referring to your goals regularly. So it's very important to have those goals in place, you know exactly where you're going to go, and hopefully, how you're going to get there. Making better decisions… So when you set a goal, it needs to be something in your business or in life that you can actually achieve. Or at least you can stretch yourself to try and achieve. There are so many bright, shiny objects to chase. But there's so much that you can do. There's so many opportunities that that that pop up for you on a daily basis. And you need to be able to filter out whether or not you should chase those things. Whatever decision you've got to make, you've got to filter them through your goal. And if you don't have goals, then how do you know what decisions to make? All of your goals need to be centered around where you're going. And they need to be in furtherance of the goal.