In order to apply SWOT Analysis to your Business Goal Setting, you must identify your personal strengths and weaknesses (internal source) and the opportunities and threats (external source).
Allow me to apply my personal SWOT Analysis as an example in Business Goal Setting. The following are the list of the things that I have identified that will help me in reinforcing my SMART Objectives:
STRENGTHS
- Positive attitude
- Ability to stay focus
- Patient
- Persistent
- Manage time wisely
WEAKNESSES
- Writer’s block
- Tiredness
- Easily gets frustrated
OPPORTUNITIES
- Networking
- Passive Income
- Enhance writing abilities through blogging
- Open to other business opportunities
THREATS
- Time constraints
- Domestic Job
- Demands of other jobs
- Other Websites with same niche
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AchuthanN1
Premium
Yes, SMART and SWOT analysis is very useful in goal setting. Thank you for your tutorial. Great job.