If you’re an entrepreneur, your goal is to build a successful business.

That is very clear. Goal-setting for your business is an essential tool for business success. Yes, being able to achieve your goals is a VERY important element in productivity as well as business success.

Business consultant and author, David Allen, proposed the “weekly review” in his classic book, Getting Things Done. Successful people add the step “review annual goals” to that weekly review. I have never in my life met an incredibly successful man or woman, whether in athletics or in business, that didn’t consistently and persistently take massive action on a daily basis. When people make a lot of money quickly, as the result of success in the stock market, breakthrough, a business success or an invention, the story gets into the newspapers and magazines.

Below are a few steps to start your review:

  • Set goals in your business by starting off with the end goal in mind.
  • When setting goals for your business, focus on the outcome you desire – that way you know that you have hit your goal for sure.
  • The question you must ask yourself is, “Will the necessary effort I have to put in to achieve this goal be matched or exceeded by the beneficial outcome?” If the answer is yes, you’ve just formed the reserve of motivation that you will need to rely upon in order to achieve that goal.
  • Don’t over think it. Do not procrastinate. Just do it. Many times we get hung up on how and when we are going to do it, which keeps us from even setting the goal in the first place.
  • Short-term motivation and setting goals are fundamental for long-term success.

One of the most important, yet often forgotten parts of business goal setting, is knowing where you are going in the long-term. All businesses share a primary goal: Success.

Work on your weekly goals and then go further and work on your annual goals.