How To Make Money Online With Goal Setting

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My only goal in life is to be Rich

Practically its impossible to jump-start to making money online without setting goals first. Goal setting is the golden rule if you’re going to make money online leading to unlimited success.

The moment you align your online business with goal setting, there is no ceiling to how much money you can make. The sky is the limit.

Make money fast today - Amplify your productivity with Goal Setting

Goal setting is the main ingredient for your recipe to success. All you need to do is to set yourself goals on a daily and weekly basis.

But I’ve Seen Some Businesses Operating Without Goals?
Failure to set goals always ends in disaster and less being accomplished. It’s a shame to start your week without planning.

Plan in advance the things you want to carry out. 

Starting your online business without setting goals will breed inefficiency. 

How to make money online for Beginners - Set Your Goals

Why Some Goals Don’t Achieve Set Targets?
If you want your goals to bear fruits
you must not add new ones. 

Stick To Your Goals
Make sure you don’t let other tasks constantly overtake your focus on your current goals. 

Once you lose focus and go astray it will significantly hit on your productivity.

Real ways to make money online

Unemployment can be the major push factor for most people.

Starting your own internet business is definitely a way of getting out of unemployment.

Instead of waiting for someone to hire you, you are better off starting your own business and be the BOSS of your own.

Financial Goals for a business are confidence boosters

The crucial step to starting a business is goal setting. It makes all the difference. It boosts your motivation and confidence. 

Things go wrong when people fail to carry out goals they’ve set, failing to realise that goals bring results and true happiness. 

What exactly is Goal Setting?

A goal is something you are aiming for. Akdenis, C. (2015)'s definition is clearer, 'Goals also give you a clearly defined framework and timescale within which to work. By setting out your 'life map' in writing, you will automatically become more focused and motivated to achieve your end ambition.' 

Why Workfromhome jobs are not taken seriously? 

Have you ever wondered why work from home jobs are frowned upon?

Being a modern trend, I suspect that people think that work from home jobs have no set goals in place.

Having No Goals – How Does It Affect Your Business?
The bottom line is operating a business with no goals is similar to running a business in a vacuum.

This means the business will fail to take off the ground because of not having a plan of action.

Some businesses may manage to take off the ground but will not last unless they have goals to sustain them.

Financial smart goals

Before you start thinking of building a website to promote your business and before you start looking for customers, take the preliminary steps first.

These initial steps are far more important than having a website.

Set your business goals first. The moment you do so you will see your business rolling before you.

The Benefits of Goal Setting Goals

  • Goals will help you to continually monitor progress against what you put down on your goal list.
  • The biggest advantage is to be in full control and in the picture of what’s going on.
  • You will know if you are making any progress or struggling which is a very important aspect of your business survival.
  • The moment you notice something not going according to plan you can quickly make some adjustments and make some improvements before its too late.
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Accomplish Your Goals with Targets

When there is no enemy within, the enemy outside can do you no harm.
Ways to make money online
African proverb
Quote

The proverb meaning – when you have confidence in yourself, it will spill over to whatever you do to bring out successful results. 

To achieve your goals create targets that will become the centre of your focus to leverage your time, talent, energy and activities. 

Setting Goals and Objectives

Setting your business goals is a tool for managing your business.

Here are examples of business goals and objectives set with some questions.

Aim to answer these questions as honestly as possible. 

  1. How much money would you be happy about earning?
  2. How much would you be ecstatic earning?
  3. And how much TIME are you willing to invest to achieve these goals?

How Much Money Would You Be Happy Earning?

For example, set yourself a goal to earn $ 2 000.0 + every month.

This will be your benchmark to guide you work towards achieving this goal.

Why not all Goals are achievable?

  1. The reasons vary. Sometimes it’s down to setting unrealistic goals.
  2. People’s circumstances may have changed to be in a position to continue.
  3. The business climate may have changed causing a change of earlier plans or goals set.
  4. Lack of organisational skills can be the culprit. 

How much extra income do you want to earn every month?

The money people earn varies from one business to another. Some are contented with earning an extra £200-£500.

Other business owners prefer setting lower goals they can achieve than set unrealistic higher goals.

In any case, they will not achieve and end up in disappointment.

___________________________

How Much Would You Be Ecstatic Earning?
Earning an income of six figures every month is a genuine reason to be ecstatic about.

It’s not a target you can easily achieve especially if your business is still in its infancy stage.

As time goes on and your business grows, a target of 6 figures is achievable. 

New research has found that a single person needs to earn £17,900 a year to reach what is called the Minimum Income Standard.' It comes across to me that we need a lot of money just to get by. If a single person needs to earn £17,900, what more families?
The Independent
6 July 2017

How Much Time Are You Willing To Invest To Achieve Your Goals?

The more time you set aside to accomplish your goals the more successful you are.

Remember you have just launched a new business. A lot of things are at stake.

Are
you willing to invest your own money and work long hours for little pay or no pay?

I’ve deliberately mentioned no pay because not all businesses make money the moment they start. 

Especially small businesses struggle to maintain a positive net profit due to other expenses eating into your income.

What Are Action Plans?   

Every business needs an action plan for it to run smoothly.

An action plan is a list of tasks you need to achieve on a daily basis to accomplish your goals. These are the goals you’ve already set for your business.

Without action plans your goals you set initially will all go to waste.

  1. Therefore, come up with a feasible action plan.
  2. Make a resolution for the new year.
  3. Don’t forget to add some details of how you are actually going to achieve those goals.
  4. Are you prepared to sacrifice your personal time and lifestyle, maybe for years? 
  5. Write down the nitty-gritty of your daily, weekly and monthly activities.
  6. How much time are you willing to invest initially per week?
  7. When will you do this?
  8. What time will you use to follow up with contacts etc?

Types of financial goals

  1. You need money to start any business.

    Where Do I Get The Money? Most businesses rely on money from savings, relatives, investors and bank loans.

  2. A lot of planning and implementation goes behind the scenes in any business.
  3. It’s not an easy thing to achieve your financial goals but it comes as a result of sheer hard work and making sacrifices.
  4. The more hours you invest in your business the bigger the harvest is going to be.


It’s as simple as that. There are no shortcuts.

There are many ways to make money online but if you chase them without setting your business goals it will come to nothing.

Never underestimate the effectiveness of business goals.

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10 thoughts on “How To Make Money Online With Goal Setting

  1. Thank you so much for clearly explaining the importance of setting business goals for my business.
    Also, for making it clear that the goals that I will set have to be achievable ones.
    Now I understand why I have been struggling all along with writing my blog which I am planning to monetize.
    I have been trying to figure out how I can balance up things and get enough time to write without any distractions.
    An Action Plan is going to make all the difference. I will now know exactly when to do this, when to do that and when to stop.
    I can’t thank you enough, femia, for this post.

    1. Thank you, Sophia, for sparing your time to drop me some comments. I appreciate.
      I am pleased to hear that you found my post helpful.
      Setting goals for your business will allow you to monitor everything that goes on.
      It helps you solve problems before they get out of control.
      Also, it encourages you to work to the best of your ability chasing your set targets.
      Setting business goals is the best business management tool that really works.

  2. Hello Zegu, hope you’re doing well. I just finished reading your newest posts on your website. It is very professional looking.
    Your post gets right to the point, I like that. Setting a business plan before you begin is such a good subject to cover for anyone starting out in business. I made the mistake of going into several small businesses with a ton of youthful energy but no plan and they all failed.
    I did finally make one work for me after meeting with a mentor and she sat me down and showed me how to plan it out. I was able to raise my kids from that small business.
    I will be letting my friends and family know about your site. It will help many people.
    So thank you for making this post.

    1. Hello, Paul, I know time is too tight to mention in this busy world we live. Thank you so much for taking your time to leave me some invaluable comments.
      I like your story and the journey you have traveled bringing you this far. I’m glad things worked out in the end.
      Personally, I see the other businesses that didn’t go well as a blessing in disguise and a stepping stone.
      We all learn from mistakes and move on to a higher level.
      I am also glad you like my ‘Setting Business Goals’ post.
      Once again, many thanks! I appreciate.

  3. Hello Femia,
    Your website midlifecash is super engaging. It is clean and easy to navigate.It is one of the most organized websites I have seen.
    The font is readable. I like the calendar being installed on the side.
    It definitely will have readers to stay put and benefit from the rich content on your site.

    All the Best,
    Jocelyn

    1. Thank you so much, Jocelyn, I hope my site visitors will find this website useful and easy to navigate. Most importantly, find ways of making money online that work for them.
      My intention is to come up with well researched information on different programmes people can use to earn them an income on internet, working from home.

  4. Hello Femia, thanks for the wonderful blog. I have made a list of plans to carry out on in order to reach my financial goals, such as working 20+ hours a week on the sneaker niche, and to make $10,000+ a month. I have tons of many other niche ideas to work with as well, such as health and video games for example. I have to stop going out so much, and decided to stay home and work on this business. I’m planning to stay focus, and make big achievements in the future. Thanks again, and I wish you the best of time within your online business!!!

    1. Hello, Ahmad, thank you very much for taking time out of your busy schedule just to leave me some invaluable comments.
      I am glad you have also put some serious thought into setting business goals for your projects. You have some awesome goals!
      What is now left is making sure you take action on your plans. Like you said, you have already started doing so.
      All the best!

  5. This is really insightful and I definitely agree with everything you’ve said here. I’m the type of person who gets really excited about new concepts and ideas and dives head-in without much of a plan. I’ve noticed that while juggling all of these interests, I’ve never really truly succeeded in many of them almost purely because I hadn’t thought about why I was pursuing them. I’ve recently started jotting goals down for myself in a notebook and noticed my productivity has increased tenfold and I’m excited about this new turn!

    1. Hello, Erika, thank you very much for taking time out of your busy schedule to leave me some valuable comments for my post, ‘Setting Business Goals.’
      You have really encouraged me. At times bloggers wonder if their messages are getting across.                              Good luck in achieving your goals. It makes a world of difference when chasing our dreams with goals in place. It helps us stay focused. And to sit down and assess why things did not go according to plan.
       Once again, thanks for stopping by. I appreciate.

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