Setting goals is a key to success. Without goals you are like a ship without a rudder.
A good starting point would be a a year end review, knowing how you did last year will help you with setting goals for the new year. You’ll be able to see where you had a success and which areas need improvement.
Setting goals for your side job/gig.
Millions of people work on their side jobs and the number is growing. Of course some will be more successful than others. In this short post we’ll try to explain the basic concepts of setting goals.
Setting goals may seem easy but it is actually quite complex, and it is easy to get it wrong. And if you fail to set your goals properly, you will most likely fail at meeting your objectives.
1) Realistic Goals are better than mere dreams.
Goals for your side job should be realistic. See what was possible in previous years and move the bar a bit forward. So for example, if you had a 10% increase last year, aim for a 15% increase this year. It’s the steady that wins the race most often.
Or as they say, it doesn’t matter how slow you move as long as you don’t stop.
2) Be specific with your goals.
Let’s say your side project is a hobby/business YouTube channel.
Instead of listing your goal as “Become YouTube famous” write down something more specific. For example, “Reach additional 2500 subscribers by the end of December 2021“. Making your goals specific will also make them more measurable and thus more achievable.
Having very specific goals will also help you to break the larger goals into smaller, more actionable goals. So, going back to our YouTube subscribers example.
If your goal is to increase the number of subscribers to your channel by 2,500. Then you know that you will have to gain around 210 new subscribers every month.
3) Have a system in place to keep track of your goals.
Setting goals is great, but if fail to keep track of progress you will most likely fail. To be successful with your goals we would suggest you check your list at least weekly. You will only reach your goals if you work on them consistently.
Keep your list handy and review your progress often. Remember that it’s the slow and steady that wins the race. To illustrate that, we will (once again) go to our YouTube example.
If you do nothing for 11 months and then try to gain all 2,500 subscribers in one month, you will most likely struggle.
On the other hand, if you will be consistently producing new video content every month you will have a much better chance of reaching your goal.
Another advantage of that will be that you’ll be able to adjust your plans accordingly. So for example, if after 4 months you’ll notice that each new video published gains you 100 subscribers, than it means that you’ll probably should create at least 2 videos per month etc.
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