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Wednesday, March 30, 2005

How To Succeed By Being S.M.A.R.T.

As a business owner you would like to make as much money as possible with the least amount of effort. Therefore, you need to ensure at the outset that your business will perform the way that you expect it to, and that it will bring you more money, lifestyle and freedom.

The first thing that you must do is to express your personal vision of what your business would look like, and you must state exactly:
  • how it is going to make your life a lot easier;
  • how you are going to keep your enterprise on target;
  • how it will accumulate wealth for you with speed and consistency.
Proper business planning is crucial for your success if you are going to "turn your vision into reality" and "live your dream life". You certainly don't want to wait until you need to raise capital or borrow money in order to produce a business plan that sets out your Specific, Measurable, Achievable, Realistic, and Time-based strategic goals for the future.

If you are going to "plan your business" and "work your plan" then you must write out as many of your business goals as possible, and you must prioritise your goals in order of importance.


“Anything one man can imagine, other men can make real.”
Jules Verne