Personal goal-setting is crucial when you are deciding whether or not you would like to own your own business, especially a homebased one. Because your business will have an impact on every other area of your life, it is critical to know how it fits into your life and whether it allows you to reach your other goals. Two of the benefits you will receive as a result of defining and aligning your major goals in life are peace of mind and focus. Once you have set your goals, visualize how your new business will help you to achieve them.

Let us take a look at a few of the other benefits of personal goal-setting:

Remember, you will not pay a price for setting goals, You will pay a price for not setting them. We can choose to get caught up in the everyday activity of our lives without feeling any real sense of purpose or we can choose to accomplish something meaningful with our lives that gives us a sense of direction and self-motivation.

Ninety-seven percent of the population does not set goals for two major reasons:

One question many ask is how to know if a goal is good or bad. In other words, how do you discriminate between the really important goals and the "nice to have but not really important ones? You will know whether or not a goal you have chosen is important by answering these five questions.

If you have answered "No" to even one of these questions, you may want to reconsider this goal. In the short-term it may appear to work for you, but in the long run, you may exposing yourself to a lot of unnecessary conflict and frustration.

Be sure to set big goals as well as multiple goals.
Big goals force you to reach in and use the potential that is inside of you. Long-range goals help you to overcome short-range failures. They can also help you to change your direction without going back on your decision. Whether or not they ever reach the goals they have set, people who set big, long-range goals have been found to have higher self-confidence, higher self-esteem, and greater personal motivation.

The bottom line is that more than half the rewards and benefits achieved from goal-setting come from actually taking your first step in that direction, regardless of the consequences. There is a very simple process in seven steps that you can go through to set any goal whether personal or professional.

Steps to effective goal setting

Re-Evaluate your goals
On a periodic basis, it is important to re-evaluate your goals to make certain that they are in alignment with what you truly value and want out of life. Remember, goal-setting is a life-long process. Once you have completed one goal, be sure to replace it with something else. This way you will always reap the benefits that goal-setting provides.

Goal Setting supplies & Training
The best source I have found for making goal setting and reaching for those goals on a daily basis is Franklin Covey. They have training courses available on video, written and public workshops all over the US. They also provide all the tools to manage your time, projects and all the little things that make life, personal and business, go smoother. It doesn't matter whether you are using a regular computer, palm handhelds, or paper they have tools and supplies to accommodate your management needs. Find them at Franklin Covey. 

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