Goal setting as an entrepreneur is about sustainably achieving what you desire in the quickest way possible. Yet, very often entrepreneurs set so many goals that they become overwhelmed. They procrastinate, overanalyze, and dont create the success that they desire.



Goal setting is the ability to clarify what you want and achieve it. As an entrepreneur, this is most often setting clear goals to grow a sustainably profitable business.


Why goal setting is important in 2020?


Competition is becoming more and more fierce in the world today. Unless you can adapt, prioritize, and achieve goals faster than your competition, you will be left behind. As an entrepreneur, your ability to set, focus, and follow through on goals is in direct relation to your own business success.


You may be missing certain types of goals in your business. Not only can this cause more stress but it also decreases the productivity of your team. Yet once you have the right goals in place, you can move much faster as an organization. Pick and choose which goals you need from the list below.


Types of Goal Setting


There are 6 types of goal setting for entrepreneurs. You may need to use just one or perhaps even all of these goal setting techniques depending on the size of your organization.


Long term Goals


These are the goals you want to achieve long term in your business. Common ones include absolute financial freedom, sell my company for a huge profit, or create passive income so I never have to work again.


These are all great long-term business goals. However, very often these long-term goals can seem so far away that they become unrealistic. Breaking down these long-term goals into shorter more achievable goals is of paramount importance


1-Year Goals


1-year goals could be the calendar year, business year, or financial year of your organization. When entrepreneurs set these goals, they will often overestimate what is possible. They set huge goals, yet become disappointed at the end of the year when they arent achieved.


1 year from a goal-setting perspective is very challenging to fully comprehend. Therefore, we must also set alternate goals that we can better estimate.


Power Year Goals


These are 3-month goals and are most important for entrepreneurs. Set one specific major goal to achieve in the next 3 months and set a few minor goals to achieve as secondary priorities. This helps maintain focus on one area whilst also progressing in other parts of your organization.


Major Goals

Major goals are the primary focus, set every 3 months. Everything you do in these 3 months is focused on completing this goal. This major goal needs to be constructed thinking about the Pareto Principle. You want to have a major goal that shifts your business forward much faster than anything else you could do.

Minor Goals


Every 3 months you will also set 2 to 3 minor goals. These are also of importance but are not the primary focus for the power year. These smaller goals support your business success and are completed in less time.


Be Goals


Be goals are used to help you become a better leader in your organization. You may want to be decisive, be confident, be disciplined etc. These are of great importance to enable you to continually grow into the entrepreneur you must become to effectively lead your organization.




Ben Ivey is an entrepreneur lifestyle expert, international speaker, Tony Robbins Strategic Intervention Coach, and the Lead Facilitator for Zero Suicide Systems Nu-Rekall. After overcoming his own self-sabotage in business, he now helps other entrepreneurs create business success whilst living an extraordinary lifestyle.

 Ben is the founder of the Entrepreneur Lifestyle Accelerator, supporting overwhelmed entrepreneurs around the globe that are struggling to create the success they desire. His events led by his trainers are now regularly held internationally, working with senior leadership teams of large companies such as Maersk, HSBC, and Coca Cola. Ben is also the founder of the Lifestyle Coach Academy, training lifestyle coaches with the coaching skills, knowledge, and business strategies to build a coaching practice online.


10 great lifestyle tips for entrepreneurs | 10


Live a great lifestyle as an entrepreneur  |


The Secret No One Told You to Boost Business Success |


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The Entrepreneurs Ultimate Guide to Goal Setting (1


Goal setting as an entrepreneur is about sustainably achieving what you desire in the quickest way possible. Yet, very often entrepreneurs set so many goals that they become overwhelmed. They procrastinate, overanalyze, and dont create the success that they desire.



Goal setting is the ability to clarify what you want and achieve it. As an entrepreneur, this is most often setting clear goals to grow a sustainably profitable business.


Why goal setting is important in 2020?


Competition is becoming more and more fierce in the world today. Unless you can adapt, prioritize, and achieve goals faster than your competition, you will be left behind. As an entrepreneur, your ability to set, focus, and follow through on goals is in direct relation to your own business success.


You may be missing certain types of goals in your business. Not only can this cause more stress but it also decreases the productivity of your team. Yet once you have the right goals in place, you can move much faster as an organization. Pick and choose which goals you need from the list below.


Types of Goal Setting


There are 6 types of goal setting for entrepreneurs. You may need to use just one or perhaps even all of these goal setting techniques depending on the size of your organization.


Long term Goals


These are the goals you want to achieve long term in your business. Common ones include absolute financial freedom, sell my company for a huge profit, or create passive income so I never have to work again.


These are all great long-term business goals. However, very often these long-term goals can seem so far away that they become unrealistic. Breaking down these long-term goals into shorter more achievable goals is of paramount importance


1-Year Goals


1-year goals could be the calendar year, business year, or financial year of your organization. When entrepreneurs set these goals, they will often overestimate what is possible. They set huge goals, yet become disappointed at the end of the year when they arent achieved.


1 year from a goal-setting perspective is very challenging to fully comprehend. Therefore, we must also set alternate goals that we can better estimate.


Power Year Goals


These are 3-month goals and are most important for entrepreneurs. Set one specific major goal to achieve in the next 3 months and set a few minor goals to achieve as secondary priorities. This helps maintain focus on one area whilst also progressing in other parts of your organization.


Major Goals

Major goals are the primary focus, set every 3 months. Everything you do in these 3 months is focused on completing this goal. This major goal needs to be constructed thinking about the Pareto Principle. You want to have a major goal that shifts your business forward much faster than anything else you could do.

Minor Goals


Every 3 months you will also set 2 to 3 minor goals. These are also of importance but are not the primary focus for the power year. These smaller goals support your business success and are completed in less time.


Be Goals


Be goals are used to help you become a better leader in your organization. You may want to be decisive, be confident, be disciplined etc. These are of great importance to enable you to continually grow into the entrepreneur you must become to effectively lead your organization.




Ben Ivey is an entrepreneur lifestyle expert, international speaker, Tony Robbins Strategic Intervention Coach, and the Lead Facilitator for Zero Suicide Systems Nu-Rekall. After overcoming his own self-sabotage in business, he now helps other entrepreneurs create business success whilst living an extraordinary lifestyle.

 Ben is the founder of the Entrepreneur Lifestyle Accelerator, supporting overwhelmed entrepreneurs around the globe that are struggling to create the success they desire. His events led by his trainers are now regularly held internationally, working with senior leadership teams of large companies such as Maersk, HSBC, and Coca Cola. Ben is also the founder of the Lifestyle Coach Academy, training lifestyle coaches with the coaching skills, knowledge, and business strategies to build a coaching practice online.


10 great lifestyle tips for entrepreneurs | 10


Live a great lifestyle as an entrepreneur  |


The Secret No One Told You to Boost Business Success |


\n

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