If you expect any level of success you must set
goals. If you expect to be successful, you must determine
what that means to you and the best way to achieve it.
There are two basic steps you can take to convert goals
into achievements: 1) You can decide on a specific dollar
amount; and 2) You can set a time frame for obtaining the
dollar amount you want. Your goal should be specific and
indicate What, When, and Where. After making a list of
every possible way you might accomplish a goal, select the
method that best suits your situation.
IMPORTANT CONSIDERATIONS YOU MUST ASK YOURSELF
1) "How can I support my family while I build up by
business?" This question must be worked out according to
each individual' circumstances. Many people start out on a
part-time basis after their regular jobs to see how much
they can handle. Then when their incomes reach a certain
level they will switch over and go full time.
2) "What are my abilities?" To determine your
abilities you will have to take an inventory of yourself.
Decide what you enjoy doing the most and what you "feel"
you would be good ar. Examine every possibility and include
every skill you have no matter how slight.
3) "Is there a market for the produce of service I
have chosen?" Be cautious before you invest any money!
Check it out by making inquiries directly to the company,
competitors, or firms who are marketing a product similar
to the one you are interested in. Test it on a small scale.
Check it out thoroughly.
4) "How long will it take this business to reach the
financial goal I must have?" It's really a question of
knowing how much time you can dedicate to your business,
and what your profits are for that time. From there, a
little simple addition will tell you how long it might take
to reach a particular financial goal.
