The most popular way to set goals these days is by using the SMART format:
• Specific
• Measurable
• Actionable
• Realistic
• Time-Bound
It’s catchy, easy to remember, and simple for corporations to throw around this time of year.
However, the more I learn from the ultra-wealthy, the more I realize that their goals aren’t SMART. In fact, they’re STUPID, and this is a much better alternative to creating goals.
Let me explain…
S: Specific
There should be no gray area for goals. You should be able to answer a simple question: did you or did you not achieve your goal? To be able to answer this question, you have to be very clear on what the goal is, and have a way of determining if it was achieved or not.
An added bonus is that the more detailed you are, the easier it is to see the potential solutions and create a road map for exactly how to achieve the goal.
T: Time-Bound
The SMART format has at least several of the pieces right. A deadline makes the goal more tangible, and also adds some intensity as the remaining time decreases.
A goal is a dream with a deadline. – Napoleon Hill