Effectively Managing Your Goals

Effectively Managing Your Goals

In effectively managing your goals, you need to know where you are going, start with the end in mind. In order to do this, it is important to establish an effective process to carry out your goals. Some goals may take only days to accomplish while others may take years.

In order to create a fluid process for accomplishing goals, our firm has established three action plans.

The 90 Day Plan
The One Year Growth Plan
The 3 Year Growth Plan
How to Write Your Plan

In order to start the process, you need to start with a 3 year growth plan.

Determine the Goals. First, develop 5 Goals that you want to accomplish within the next 3 years. Do you want to grow your business revenue? Do you need to create a Business succession plan? Whatever the goals may be, write them down.
Measure Progress. Next, determine how you are going to measure the success of the goals that you have set.
Create Strategies. How are you going to accomplish your goals? Break each goal down into bite sized pieces. Decide what you need to do to accomplish the bigger picture.
Establish a Deadline. When does the goal need to be accomplished by? Now, remember this is a 3 year plan. Create a timeline for when each of your smaller strategy goals will be accomplished.
Return and Report. Who is responsible for each strategy goal? Are different employees responsible to see that certain goals are accomplished? Assign individuals to each goal and hold them accountable for the progress of that goal.

After you have developed your 3 year Growth Plan, break it down into 1 year and 90 day plans. These plans will be based off of the three year plan and cite the strategy goals that are to be accomplished. You will be creating a more specific plan to accomplish strategy goals.

If goals are to be accomplished and growth is to occur, everyone needs to be rowing in the same direction.

We hope you found this article about “Effectively Managing your Goals” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

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Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

GROCO.com is a proud sponsor of The American Dreams Show.

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.