Five Reasons Why We Need To Set Goals

You hear about setting goals all of the time. Yet according to one study, only about 6% of Americans actually have a written goals program that they use.

“I know I’m supposed to write out my goals, but who has time? Besides, it doesn’t really help me anyway!”  Sound familiar? Well here are five very important and logical reasons why you should set goals and use them in your everyday life and business.

  1. Clarity

Most people say they have goals, but the reality all they have are ideas and wishes. The “Someday I’ll” claim is just a dream like that island vacation that you’ve talked about for years, but never make a goal.

Often we talk about doing something but it is in such vague terms that your brain doesn’t really know how to process it. To say you want to lose weight or be a better husband is so general that it cannot translate into actions that can become habits. To say I’m cutting out soda or I’m going to bring my wife some flowers is at least clearer than “less sugar” or be “better.”

  1. Emotions

Too often our emotions get in the way of what we really want to accomplish. Anything from fear, anxiety or even love and passion can steer us away from achieving our goals at a moment’s notice. Using a goals program or even just a goals list for the day will help keep you on track.

Think about grocery shopping. A young couple on a very tight budget will do well to write down only what they need until they get paid again. But when chocolate is tempting they can blow the budget (financial goal). A shopping list and budget will help them to reach their goals.

  1. Distractions

We allow so many distractions to come into our lives that we can lose focus on the important things. The terms “squirrel” or “rabbit trail” picture the idea of something that takes away from our current thinking.

Unfortunately, distractions can happen and we don’t even realize it. We often set ourselves up for distractions. We have cluttered desks, email notifications… “oh look it’s a puppy on Facebook, how cute, I have to send this to…” I’m sorry I got distracted.

When we develop a habit of looking at our goals we are reminded of what we are supposed to be doing and how important it is in the scheme of our lives. Some people use different systems to help keep the squirrels away and stay more focused. But it starts with having a clear goal.

  1. Manipulation by others

This is a hard one for many people. When you have set clear goals you are better at making decisions that relate to or affect other people. When you have a very important and tight deadline, like a report due to your boss in 15 minutes and you really need 30, you won’t allow the guy from down the hall to stop in and ask you if you saw the game last night.

When your goals are communicated to everyone on your team that needs to know, it helps to reduce the manipulation of others who waste your time. Again, systems can help to handle specific manipulations by others.

  1. “Oh yeah, I almost forgot!” – Memory

Without a grocery list, you have a really good chance of bringing home things you really probably shouldn’t (remember the “no soda” goal?). And then there is the irritation when you realize you FORGOT something you needed for dinner tonight, oops!

Our brains are great for processing data and thinking but it isn’t as good at storing data and information. So give your brain a hand and write out your goals so that it doesn’t have to remember the groceries or that you have a meeting, when, where, what it is about, and who should attend.

There is ONE more reason:

You set a good example for your team. Think about it, if everyone you knew really took goal setting seriously, and used it appropriately, meetings would start on time; everyone would be there on time and ready to go.

By setting goals your performance will improve and you will help others to improve their performance or at least you won’t be hindering it. So set a goal to set and use goals. Find someone who can help to keep you accountable for setting and using your goals.

If you would like more information on personal and professional management and performance contact Stan at Crossroads Consultants. Goals are just the beginning.

Stan Broesder with Crossroads Consultants is a Business Consultant-coach specializing in improving professional and business performance. Contact Stan @ 980-241-0189. Stan@MyCrossroadsConsultants.com OR http://www.Facebook.com/CrossroadsConsultants

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How Do I Grow My Business When I Am Maxed Out? — Phase III

Phase III – Challenges and hindrances in reaching your destination

There are two main categories of challenges to reaching your goals. There is the external issues category, which has many issues, and there is the internal issues category, which is usually hidden. It is the hidden internal issues that plague your business and you might not even know it.

Internal (hidden) Issues

Let’s say that in order for you to grow your business you need to hire an additional employee. You struggle to find a good employee that you can re depend on. You struggle with training someone in your methods and systems of operation. You have to constantly monitor what they are doing.

The hidden challenge, in this case, is that you dread hiring someone only to find that they don’t work out and you’re back to square one. Now you find the next person that you have to train, observe and hold accountable. You have done it, you can do it, but you don’t like it! Therefore, your own attitude about hiring and managing another new person on your team weighs on you and occupies more time and energy MENTALLY than it really should.

Attitudes and Emotions

Our attitudes and emotions drain our time and energy. We will have a difficult time moving forward on growing our business if we don’t recognize these issues. One reason we struggle to grow our business is that these internal challenges drain our personal resources.

 People tell me that they DO NOT have a problem with procrastination. Yet there are a number of areas in which they procrastinate. They put off doing employee reviews (they hate them). They put off meeting with the clients from… well, let’s just say, difficult clients. They don’t make the call to a prospect. They are late on bills, proposals, meetings, etc., procrastination?

You need to buy or replace some equipment and struggle with the details because money is tight. Should you expand, buy, invest, hire… and the list goes on and on all of them requiring your resources that you have so little of.

But nothing will change if you just keep doing the same thing. No one is going to come rescue you. The economy turning around is not going to be the answer because your competitors are determined to not let it.

“We’re doing fine!”

What makes the internal challenge so hard is that most business professionals will not acknowledge their internal struggles such as fear, complacency, closed-mindedness, unwilling to change, procrastination, regret, and resentment.

Too often your history and current mindset are hindering your performance, profitability, and accountability. How often have I heard a client tell me that “we have tried that” or “we have tried to fix that and that’s just the way it is,” only for me to then find a solution.

Why are you maxed out?

You can achieve your goals, but you must be willing to walk the journey internally to understand what may be hindering your progress. Why are you “Maxed out?” What is going on in your mind and business that requires you to overtax your personal resources?

You must look at the real challenges and hindrances in your business. Be willing to look inside first. What other hindrances and challenges are there that you may not know about? Our next post we’ll look at some other challenges.

Stan Broesder, MBA has helped business owners to solve problems related to growth, profitability, and sales for 25 years. He also helps clients to develop management skills and can be reached at Stan@MyCrossroadsConsultants.com or at 980-241-0189.

How Do I Grow My Business When I am Maxed out? — Phase II

Phase II – Deciding your destination

Phase I, was all about “Finding Space.” Now you decide where do you want to go?

You know the story of Alice in Wonderland and the Cheshire Cat. Basically, she asks the Cheshire cat which path she should take. He replies, where do you want to go? When she says that she doesn’t know, he then responds ‘then it doesn’t matter which path you take!’

When you are at a crossroads it is the place where decisions are made. If you don’t have any concept of a destination, then you can’t effectively determine the direction to take. Your future is in the hands of luck or fate. This can be a scary place to be.

In the classic bestseller, “Good to Great,” Jim Collins introduced us to the idea of BHAG’s (Big Hairy Audacious Goals). Those are goals that are SUPER BIG and way out into the future. That sounds great, but what we need right now are goals that we can get a handle on right now and only require us to stretch our belief without trying to accomplish the impossible.

Don’t get bogged down in “the paralysis of analysis.” There are many techniques to help you determine what is a good goal for you to pursue, but for now talk to someone you trust, write out some thoughts during your “Space” time.

The hardest part is that you must be honest with yourself. There are many different influences on your thinking of where you should go. Your spouse or children, friends, and colleagues, but in the end, you have to be true to yourself.

Maybe you are one of the very, very few who can say, “I know where I want to go, but I just don’t know how to get there!” I would say to you that if that is really the case; take some of your “Space” time to really describe your destination. When you have arrived, what will it look like, feel like, or even smell like? Who will be there? What will be happening around you? What will you do? Be as specific as possible.

Write out where you REALLY want to go in life. Projecting out as you can see right now. Soon we will look at some of the real reasons that you are not there yet.

How Do You Grow Your Business When You Are Already Maxed Out?

Many business owners would like to see some change take place in their business. The problem is that they are so busy, tired, and overworked; they just don’t see how they can add anything else to their plate.

This situation can cause a business to stagnate and lose profitability. Business owners become discouraged and say, “Someday I’ll …” You need to move forward but don’t feel that you have the energy and resources necessary to make a move, you’re stuck.

PHASE 1 — Finding Space

Breathe

The first step to finding space is for you to “Breathe.” You must find some time so that you can step back and clearly think about your situation. This is NOT a vacation or two days off. Just an hour or two will be some of the hardest work that you have ever done. But finding the time to step back can be a challenge.

Everyone can improve how they utilize their time. What tasks can you delegate to someone else or become more efficient in doing so that you have some time?  Even if all you are doing is freeing up an hour or two, it’s a start.

Step Back 

The second step during this time to find space is to step back, reevaluate your priorities. What is really important to you and your business? This is not some mountaintop daydreaming experience; this is reaching down and make some hard decisions.

You are going to need more than an hour to change your business? What low ‘return on effort’ tasks and activities can get off of your plate? You can decide to eliminate them, delegate them, delay them or hire someone else to do them.

Think

This is only the beginning of the planning process. But it is critical if things are going to change and not by accident, you need some time to think, plan, prepare and then act.

Start your growth process by finding space, some time to think, but don’t waste your time on current work stuff. Think about the challenge that you must solve? Start by giving yourself a little time to think and plan your future. Find the Space.

Stan Broesder, MBA is the owner of Crossroads Consultants. We help hardworking, successful business owners who are at a ‘crossroads’ between where they are and the businesses they have built, and the potential future they have always dreamed about. For a no-obligation initial consultation email Stan at  Stan@MyCrossroadsConsultants.com.

 

When Children Plan Like Their Parents

How many parents do you know that would tell their high school age, son or daughter, that they didn’t need to plan for college or not to worry about what they are going to do after high school?

How many people wish they had started their retirement planning sooner or their children’s college fund sooner? You might say, “Well we were younger back then and didn’t realize how important it was.” And yet, are you really making actionable plans today for your future?

What if our children planned their futures like we plan our businesses? Do you have specific goals for next month, quarter or even next year? Do you have any idea of what you need to be doing now in preparation for reaching whatever goals you have? Are you organized, and prepared? Do you have a plan, a real plan, a plan with dates and calculated resources attached so that you can effectively and realistically implement the plan?

We believe in planning when it comes to other people. We have told others, you need to plan what you want to do, the career you want to reach, while all along your own goals and plans are not clear, not specific, not realistic because there is no way to know if you are reaching or achieving what you say you want to do.

We have a perpetual “Someday I’ll!” Someday, I’ll have this or that, go here or there, buy, become, do… blah, blah, blah! But someday never seems to arrive. It just keeps moving ahead of us with the empty promise.

This year, take the advice that you give or gave to others, to your teenage children. Set some real goals not just add-ons of some percentage and steady as she goes, don’t rock the boat. Evaluate your potential and seek out excellence no matter what your age or circumstance. Determine that this year will be different.  And that difference…

Start NOW! Don’t play and don’t delay! If you need help find someone who can help you and work with them, listen to them and then do it!

Stan Broesder, MBA — Crossroads Consultants — “Because All Business is Personal!”

Super Busy Costs you, here is a Solution

From so many commitments that you can’t seem to breathe, to working so hard on everyday problems and issues you never seem to see beyond today. ‘Super busy’ can look different for different people.

Define “Busy”
You need to be able to define what it means when you say that you are “busy.” Everybody is doing something every single hour of every day. What does your busy look like? Are you working more hours than is healthy, are you inefficient because you cannot solve a time management issue, or do you have a problem saying no and are now overcommitted in a number of areas and cannot seem to juggle it all?

A very common scenario is growing in a business until you are maxed out, then hiring someone to help in the front office. This person handles all the phone calls, customer complaints, invoicing, bill payment preparation, errands, occasional social media posting, and whatever else you can dump on them. But it is never enough. So, who is the next person that you can add to take some load off of you? You can’t afford someone who doesn’t produce income.

The Hard Part
More importantly, why is your “busy” a problem? You need to determine what really going on that is causing you to be too busy. What are the implications of you being so busy? What is the price?  Is it causing stress, sleepless nights? Maybe it is impacting relationships in your life, but you just grunt on and keep going, not knowing when or how it will stop!

The Solution
Find time. Take time. You might need an hour, so take it in 10-minute increments. Whatever it takes, but do it. You must find some time to breathe.  Once you take some time, we invest that time to find a little more time, and then we take that extra time to make more money to buy you your freedom. Here is where you start.

First, list ALL of your roles and responsibilities, from selling to the prospect to cleaning the toilets. Whatever you do in the company as a part of owning your business, WRITE IT DOWN!

Second, prioritize every listed item from the most critical and money producing activity to the least.

Third, look for ways to delegate or contract out the less income producing and impactful activities to someone else. If you are worried about quality control, as many are, that is a problem of systems and management skills (and Crossroads Consultants can help you with that).

Fourth, make a plan. Once you have freed up some time, use it to plan out your future and solve problems of delegation, control and bringing in more income. It takes time to make a good plan but that is what you need to have the freedom you need to reach your goals. Being Super Busy can be great for the ego, but the cost can be devastating.

Stan Broesder is the owner of Crossroads Consultants a business management and growth consulting company. If your business is going to grow the owners and management team must grow with it, or it won’t work. Marketing today is beyond the expertise of most owners and manager. In order to effectively market your business and grow you need someone who can plan and manage your marketing. Crossroads Consultants will provide you with a lower cost provisional marketing management solution. Contact Stan at 980-241-0189 or Stan@MyCrossroadsConsultants.com

Why Your Business May Have Stalled

If you are a small business or micro-businesses (under 10 employees) you may find it nearly impossible to get your business to the next level. It is very common and usually avoidable. After 25 years of helping small business owners and professionals, there is one factor that seems hidden and is often a major reason why business growth stalls.

When there is no more to give

My clients often tell me that they are tired and run hard trying to build their business but real business growth and the potential of their business eludes them. They want to grow but they are also afraid that it may kill them in the process. They are already maxed out.

One problem is they believe that if they don’t do it, it won’t get done, or it won’t get done correctly. How effectively they are able to delegate shows itself in how many employees they have. That is why there are so many businesses that have less than ten employees.

Delegating is not enough

Balancing growth and profitability is extremely hard and being an expert in a technical or specific industry skill set is not enough. You have to learn the skills of management if you are going to grow. Your ability to manage employees starts to max out at eight to ten employees.

If you have hired an employee you understand the need to delegate work. The question is how well do you understand their abilities? Can you effectively communicate your needs and train that person to be able to meet those needs to achieve your goals? Add to that your ability to control and hold others accountable for results. A “dozen” employees can become much more difficult to manage.

So what is the solution? The most critical and precious resource is your time. Learn how to get more done in less time. You must balance the risk of someone else not doing a job quite as well as you can, with the increase in overall production by others. Think of a competitor that is five times bigger than you are, how do they manage it all with the same 24 hours a day that you have?

Management skills are critical

Start with managing yourself. If you are the kind of person who is always running late to meetings, making late payments with late fees, always short on cash, never enough prospects or customers while struggling to put out a good quality product or service, re-evaluate your management skills. Without applying good management skills to yourself, you will have a challenge managing others.

When other people are depending on you for their financial future, you have to take management seriously. You must learn and have the discipline to organize, prioritize and plan what is most important to the business. You have to be able to help others to get the results you need without doing it yourself.

Letting go to grow

Second, develop your people to take over some of the tasks that you are doing. You are NOT an expert in all facets of your business. That is why we hire accountants, marketing specialists, etc. Developing or finding competent people is one key to growth.

However, you must be able to effectively manage those that you hire. This ability to hold others accountable and get results is critical. The better you are at managing, the more people you can manage.  At some point you will need to hire a person to supervise others. A supervisor should be able to direct others and get the production you need without you.

Are you willing to change and grow first?

You must develop your management skills so that you can delegate activities that you are currently doing. You will never grow and reach your potential beyond where you are if you don’t. Business growth depends on effectively managing others who can do for you, what you do, so that you can invest your time doing more important things.

Developing your management skills is not easy. Business professionals often don’t see management as a skill set. Learning to organize, plan, control and execute effectively and efficiently are all a part of management. You actually may be the reason for your own stalled growth.

Develop your skills and confidence in the area of management and then you can take your business to the next level.

Crossroads Consultants specializes in developing skills in management and business planning. My clients seek to grow their business profits and their freedom. With the proper planning and management systems we can make that happen. I help my client so see what they don’t know, to know what they can’t see, and therefore act differently and more effectively. By improving your skills in organizing, planning, executing and controlling you can go places you haven’t even dreamed of.