A year is a long time and a lot changes during a year, now is an ideal time to reflect and begin a final push through 2008. A good way to give yourself an instant boost is to review your targets and adjust as required!
Generally speaking it isn’t wise to be changing targets, especially when it comes to your business, otherwise you won’t have a true measure of growth between years. So leave those well alone. I’m talking more about your overall personal goals for the year. I’ll give you an example of one of my targets for a particular business and how I’ve changed it.
- At the start of the year the target was to have a balance sheet of £12,000 by the end of 2008. At the moment I value it conservatively at around £13,000, but would be confident of getting more if I did sell. So I’ve already beaten the target. But instead of just accepting that, I have changed the target so it is now £21,000, and I’m going to need to push to achieve that.
How To Record Target Changes
In the document that you wrote your targets down I would recommend you set up a new column which is parallel to your original targets and then put the new figures in their. This way at the end of the year you can see where you are at in comparison to your original targets and reviewed targets.
And always only set new targets for situations like this, don’t start messing with your business forecasts and other documents.
Conclusion – Ride Your Boost!
There are always some targets you set yourself that you will meet much earlier than you expected, as is the case in my situation. So reviewing and changing your targets gives you a new reason to push and definitely gives you a boost to work and achieve the set targets. Ride the boost for as long as you can and you may even beat your new targets before the year is out!
Before you close this window and go off somewhere else, make sure you review and change your targets for the year – Now is the time to act!
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