Can goal setting increase your wealth?

There is a goal setting story you can find in the material of many leading motivational speakers. The story goes that in 1953 the graduating class of Yale University were asked if they had clear, written goals.

3% did have written goals, 13% had goals which were not written down and the remaining 84% had no goals at all.

Twenty years later, at their class reunion, it was found that the 3% with written goals were worth more than the other 97% of their classmates!

You might conclude that goal setting is important!

You can also find plenty of people who claim that the story is an urban myth and that no such research ever took place!

Whatever you want to believe, it is obvious that you are likely to achieve more if you have clearly-defined goals than if you have no aim in mind.

There are many training programs which teach strategies and techniques for setting goals.

They often include SMART goals – making sure your objectives are meaningful by making them:

Specific

Measurable

Achievable

Relevant

Time-bound

Some people like SMARTIE goals. That is SMART with the addition of Interesting and Exciting!!

This is a very useful first step. However the discipline of doing this often gets lost as results are not seen soon enough.

An executive coach gives you a flying start by checking how motivated you are by your goals and how practical they are to achieve.

You will then be helped to keep your focus on your priorities and achieve the desired results more quickly and effectively than on your own.

Click here for more information on goal setting strategies, techniques, tools and templates.

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