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4 Goal-Setting Tips to Help Your Business Succeed This Year

Tonya Barnett
Jan 14, 2020 7:00 AM

"If you always do what you've always done,
you'll always get what you've always got."

- Henry Ford

Continuing to perform the same actions that have yet to yield the results you're looking for isn’t the best plan to start a new year with.

As an owner or manager of a business, each new year is an opportunity to reflect on the one past. You need to determine what can be done differently or improved in order for your business to see more growth and success.

To reach a desired state or level of improvement for your organization, measurable goal setting is critically important. It gives your team concrete objectives to work towards, and allows you to see exactly how far your business has come after a certain period
of time.

Below are 4 goal-setting tips that will put you in the best position to achieve your goals and see significant growth in your business this year.

4 Goal-Setting Tips to Set Your Business Up for Success

1. Be Specific

When setting your desired business goals, make a list of your top priorities for the year. Be as detailed as possible.

It's important to give a lot of thought into what you want to accomplish, why you want to accomplish it, how you’re going to achieve the goal, and if the timing is right to focus on that particular goal right now.

Looking at the long list you created may feel overwhelming. Begin by focusing your energy on one goal at a time. If you find it difficult to decide, list your goals in order of importance. If you prioritize the goal you want to achieve the most, everything you accomplish after that is an added bonus!

Check out this article about the importance of focusing on one thing at a time.

2. Share With Your Team

After you've finished goal setting, share your thoughts with the team. After all, they're going to be the ones helping you to achieve what's on your list!

If your team doesn’t believe in the goals you’ve set out to achieve, it’s going to be difficult to gain their support or commitment to working towards them, so be sure to ask for their feedback. They may have a fresh perspective or point out something you may not have thought of. When you make your team feel heard and that you care about their opinions, it empowers them and makes it easier for them to adopt your goals as theirs.

Talk about the goals you've set with your team regularly. Constant reminders of why they're doing what they do on a daily basis increases motivation and sustains their dedication toward improving.

Get them excited! Encourage a little friendly competition
by holding a contest centered around achieving your
business priorities.

3. Fully Commit

For your team to be committed to your goals, you must be fully committed as well. Be intentional with your actions—you need to be a walking example of what you want to see from your staff. If your team is all-in, you should be, too!

What do you need to accomplish this goal? Could your team benefit from additional training that might help improve performance? Consider the stepping stones that you need in order to reach your goals. Sometimes you may need to work backwards in certain areas to be able to move forwards.

Map it out. Establish a road map with step-by-step directions and revisit it often to ensure it's still pointing in the right direction. Every action should have your big-picture goals in mind. If any initiatives being carried out aren't going to help you reach your goals, it's time for some course correction.

4. Measure and Reward

Are your organization's goals visible to everyone involved? Display your goals for your internal team to see, and make sure a timeline is set with specific milestones. Consistently update the progress towards them.

Reward yourself and your team members that helped along the way. If you achieve your business goals, host a special party or give a special gift to each employee to celebrate their hard work.

Set For Success

It's never too late for goal setting. If you haven't already set specific goals for the new year, use the tips provided above to help you get started! If you've already been through your goal-setting process, hopefully these tips will encourage you to take another look at them to make sure your team and business is properly set up for the most success.

If you're looking for more tips on how to reach the goals you set
out to achieve, such as increasing your organization's revenue, download a complimentary copy of our guide, 3 Simple Ways to Improve Revenue at your Family Entertainment Center.

Complimentary eBook: 3 Simple Ways to Improve Revenue at Your Family Entertainment Center

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