Introduction to SMART Goals

[00:00:00] Are you ready to set goals you're actually going to stick to? In this episode of Thrive in 5, we are breaking down the SMART Goals formula so you can set clear achievable goals and stay motivated every step of the way.

[00:00:13] Today we're talking about setting SMART Goals and sticking to them. We all know that goal setting is important, but setting the right goals can make all the difference. SMART goals are not just buzzwords, they're a proven method to help you create clear, achievable goals that keep you motivated and on track.

[00:01:08]  So let's dive into what SMART Goals are and how we can make them work for you. 

Breaking Down the SMART Formula

[00:01:13] The SMART Goal formula stands for Specific, Measurable, Achievable, Relevant, and Time bound.

[00:01:20] Each part of this acronym ensures that your goal is clear, actionable, and not just an idea. So let's break it down a little more. Specific. We need to make sure your goal is well defined. Measurable. We need to add numbers or metrics so that you can track your progress. Achievable. We need to set a goal that's challenging, but yet realistic.

[00:01:45] Relevant. Ensure that it aligns with your bigger life or business goals. And finally, Time bound. Give yourself a deadline to stay motivated. By making each goal SMART, you'll know exactly what you're working toward and have a plan to achieve it.

Creating a SMART Goal Example

[00:02:02] So let's talk about an example. Instead of saying, I want to grow my business as your goal, let's make it smart. So here is my revised version. I want to increase my business's monthly revenue by 20 percent in the next six months by adding two new clients each month. So this goal is specific because I want to increase revenue.

[00:02:26] It's measurable because I set a 20 percent increase. It's achievable because I listed two clients per month. It's relevant because it's to my business growth. And time bound is because I said within six months. When you have this level of clarity, it makes it so much easier to stay focused and track progress.

Staying Accountable and Motivated

[00:02:47] It's important to review your goals regularly. When you set SMART goals, it's one thing, but sticking to them requires accountability. So find a way to stay accountable, whether it's a mentor, a friend, a business coach, or just self check ins. Review your goals every week or month to make sure you're on track and adjust as needed.

[00:03:08] And of course, celebrate your milestones along the way to keep you motivated. Accountability keeps you committed, regular reviews remind you of your progress, and helping you stay engaged with your goal. 

Conclusion and Final Tips

[00:03:21] So if you want to set goals that truly work, start using the SMART formula. You need to get specific, make them measurable, set realistic expectations, and commit to a timeline.

[00:03:33] This clarity helps you stay focused, motivated, and get you ready to achieve your big dreams.