How to Set SMART Goals for Network Marketers

BusinessMarketing & Advertising

  • Author Michael Wiley
  • Published January 19, 2011
  • Word count 823

This is Michael with Training With Michael

I am glad you are here.

I am putting together two short trainings on Goal Setting.

Norman Vincent Peal said, "No one can get anywhere unless he knows where he want to go or what he wants to be or do."

It really didn't take a famous person to say that for yo to know it. Did it? I think, if you've lived life at all-- even if you just graduated high school, you know it is the lack of goals that have stagnated you and haven't gotten you where you need to be.

So, I have two short trainings on GOAL Setting I want to put before you.

This first one you may have heard of before because we are going to talk about SMART Goals.

The second one, I don't hear people talking about. The second one I've titled, "How to HIT those SMART Goals."

What is a SMART Goal? SMART is simply an acronym. Every letter in the word stands for something.

The S in the word SMART stands for specific. If you're going to set a goal, it has to be specific. What do I mean by that? You could say, "I want to make a lot of money." That is sort of specific. But can we narrow that down? How much money do you want to make? How much money do you want to make in a year? How much money do you want to make in a month?

Or you might say, "I want to have a better life." What does that mean? Does 'better life' mean all your bills are paid? Does 'better life' mean you have a new car or you go on a better vacation?

Get that goal SPECIFIC! So let's say that your goal is money.

The second letter in the word, means measurable.

M means MEASURABLE!

What does that mean? Well, if your goal is money, how much money do you want? If your goal is money, we have to be able to measure it.

You say, "I want a lot of money." Well, days go by, months go by, years go by--- do you have a lot of money? You can say, "Well I have more money than I used to have." See, if you didn't make that goal measurable, it is very difficult to figure out if you actually hit it. If your goal is in fact to make a lot of money, put a figure on it. Set something like, $1,500 a month.

If you are in a Network Marketing business, you're it. Nobody is going to make you do it. Unless you have a sponsor that stays on your shoulders, There is nobody that will make you do it each morning. You're it!

You have to set SMART Goals to make sure you get it done.

So first your goals have to be SPECIFIC. Second your goals have to be MEASURABLE.

Thirdly,

Your goals have to be ATTAINABLE!

If you want to make $1,500 a month your goal, that might be a good ATTAINABLE goal. But a million a month in 60 days is not an ATTAINABLE goal. A good goal for me would not be to become an NFL or NBA player. For me that is not ATTAINABLE.

If yo are in a company that has a pay plan that makes it near to impossible to make $100 k a year, then to set that goal would not be SMART because it is not ATTAINABLE. So you have to look at your pay plan and your pay structure. You have to look at your leaders above you. Is anyone else in your company making the money you want to make?

So, your goals have to be SPECIFIC, MEASURABLE, ATTAINABLE and:

Your goals have to be REALISTIC, You have to actually be able to reach them.

For instance, you might set a SPECIFIC and MEASURABLE Goal, say, $100 k a year, BUT, you want to do it in two weeks. Well, that goal is SPECIFIC. It is MEASURABLE, It is ATTAINABLE, but it is not REALISTIC because you can't do it in two weeks.

The last letter, the letter T is the most important letter in this acronym.

Your goals have to be TIME SENSITIVE.

You have got to put a deadline on this goal.

I want to make $100 k a year... By...And you give yourself a date.

I want to make $1,500 a month... By...And you give yourself a date.

So you could say, "I'm starting in January. I want to be making $5000 a month by December. You should even put a day on it --- say by December 15th

There are many tools out there to help you set goals. BUT, the key thing is that you make your goals SMART.

Make them SPECIFIC. Make them MEASURABLE. Make them ATTAINABLE. Make them REALISTIC, and make them TIME SENSITIVE.

See you next time,

Michael

Michael Wiley is an Internet Marketing and Network Marketing Coach. He uses his "matter-of-fact" style to inspire others to lose the hype and take a realistic look at the industry.

Michael says, "Network Marketing or Multilevel Marketing (MLM) is the number one business opportunity in America for two reasons, Passive Residual Income developed with a low start up cost!"

You can learn from Michael at, http://trainingwithmichael.com/

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