Life goals are invaluable. Anthony Robbins said, “Progress equals happiness.” To be happy and fulfilled, we need a goal. Are all aims equal? No. If you’re not adopting SMART goals, you may be limiting your success.

It’s acceptable to fail. Everyone fails-part it’s of developing the great life you deserve. So if you keep failing or giving up on your ambitions, try a new approach.

SMART goals are clear, attainable, and supported by a strategy. Unlike unclear, overambitious, or unplanned goals, SMART goals help you achieve your goals.

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SMART goals are a method for achieving goals. They are measurable, achievable, realistic, and time-bound.

1. Smart goals are specific.

“Wanting more money” is too imprecise. Instead, choose a salary. Do you wish to earn $150,000, $500,000, or $1 million annually? Want 20% more business profits? Track progress with a clear number. Setting a defined objective helps you see your outcome—imagine all those zeroes in your bank account—and know when you’ve reached it.

2. Measurable smart goals

Goals need tracking progress. Your goal must be measurable to be achieved. Our example aim is measurable: You can check your progress toward $150,000 throughout the year.

Other goals follow this principle. Instead of “learn golf,” your objective could be “lower my handicap from 25 to 20.” This shows your progress. Are you meeting your goal? Are you succeeding? Give your ambitions a measurable consequence to visualize and track.

3. Achievable smart goals

Establish a realistic goal, even if it demands effort. If you’re making $30,000 and want to make $5 million next year, you’ll probably fail.

High goals can seem unreachable. You may become overwhelmed and quit. Goal setting helps you make progress and avoid setting unattainable goals. Relax. As you succeed, raise your aim.

4. Realistic smart goals

Bold aims yield remarkable outcomes, so be bold. Goal setting requires realistic goals. You can reach realistic goals by changing your habits. “You’ve got to know what you’re attempting to do, why you’re doing it, and what your skill sets are,” says business guru Jay Abraham. Your goals must be relevant to your current situation. Abraham’s advice applies to professional and personal goals.

Consider how to achieve your financial goals. Be sure your goal is achievable, whether you want to increase sales, get promoted, or lead a big client. If your objective is unrealistic, setbacks might reenergize you but make it hard to get back on track.

5. Time-bound smart goals

Setting a precise deadline is the last goal principle. Set a realistic deadline. Can you earn your desired wage in six months, one year, or two years? Checking your progress toward your goal requires a clear time limit.

If you don’t attain your goal in time, reassess: Is your aim feasible? Was your timeframe too short? Did you not try? As long as you know why you didn’t accomplish your goals, you can reset them. Realign and restart.

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