INSIGHTS•2 MIN READ
The Thing About Setting Monetary Goals...
iloveflash
Published on December 7, 2012
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
A number of people here on WA have made goalsetting a part of their learning experience, which I can't say is a good or a bad thing since I'm not very good at following that kind of stuff. However, I do try to set immediate goals, namely revolving around my own psychological health (get some rest after this, do this or that while you have the energy, etc.), so I know something about them.
One of the things I'm pretty confident in is that setting financial goals is a big mistake.
If anyone were to take a look at my Google Calendar, they would see monthly goals that I created when I first started WA revolving around money, such as "$600" by the end of my third month and stuff. Let me make it clear: I haven't made any money through Internet marketing -- just some small change from my serial, a WA Invite and one of my training modules. Six hundred bucks? Not happening. Not happening anytime soon.
The reason I say financial goals are bad ideas are because, quite simply, you can't control them. Financial goals are more like...dreams, wishes, or aspirations. You can't control those; you can only hope for them.
What you can control are your day to day activities, including and especially the things that may potentially bring you income. You can control how many articles you put out daily, how many pages/posts to add to your site or blog, what to share, which social networks to share to, and so on. These are the things to set goals around. These are the things you can achieve.
Edit: Someone brought up the fact that most businesses have a "bottom line" in place, which is a typical financial goal. Here's the thing about that:
http://www.youtube.com/watch?v=u6XAPnuFjJc
One of the things I'm pretty confident in is that setting financial goals is a big mistake.
If anyone were to take a look at my Google Calendar, they would see monthly goals that I created when I first started WA revolving around money, such as "$600" by the end of my third month and stuff. Let me make it clear: I haven't made any money through Internet marketing -- just some small change from my serial, a WA Invite and one of my training modules. Six hundred bucks? Not happening. Not happening anytime soon.
The reason I say financial goals are bad ideas are because, quite simply, you can't control them. Financial goals are more like...dreams, wishes, or aspirations. You can't control those; you can only hope for them.
What you can control are your day to day activities, including and especially the things that may potentially bring you income. You can control how many articles you put out daily, how many pages/posts to add to your site or blog, what to share, which social networks to share to, and so on. These are the things to set goals around. These are the things you can achieve.
Edit: Someone brought up the fact that most businesses have a "bottom line" in place, which is a typical financial goal. Here's the thing about that:
http://www.youtube.com/watch?v=u6XAPnuFjJc
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