Secret 19 How to measure Success
Success is different for everyone, the important thing is to identify what Success means to you then to have a system where you can measure how close you are to achieving your definition of Success.
Posted: Wednesday 7th September 2011
Walk in to many businesses right now and ask them if they are achieving everything they set out to achieve right now, you will probably find many businesses are saying they are just getting by and are struggling to achieve what they set out to achieve this year.
Before we can measure Success we need to define what it is, what does the word Success mean to you?
You are right the meaning does vary from one person to another, success in sport could mean you won or for another person it could mean they did better than last time.
So what about in business, for some it could be that they are still in business and for others they did better than last year.
So before you can measure your Success you need to define what Success means to you and your business.
It really is hard to measure something if you do not have a clear definition of what it is, it is a bit like saying, how long is a piece of string. If you know its length then the answer is very easy, on the other hand you do not know where it starts or where it ends the challenge is much harder.
The SECRET.
Before you can measure Success you need to define what Success means to you.
Step one is to define your definition of success.
Step two now you know what being successful is for you, it is possible to measure your performance against the task to see how successful you have been.
Hopefully you can start to see that this needs to be worked at, you cannot just say I have been successful this year or more successful than last year unless you have clearly defined terms for Success.
Let’s say you were looking at income over a twelve month period.
You could start by saying you want say $100,000 income by the end of 12 months. Now you have a clearly defined statement you can measure against. This means every month you can compare your income against the target and see what you need to do to achieve your goal.
First you could say I need to generate $8333 every month to achieve the target which is your measure of success. If you fall short in month one then you can recalculate what you want in month two and so on.
This same technique works for most things, let say you play a sport and set your self a level of success at the end of a given period, you can monitor your performance month after month to ensure you meet your annual target.
If you fail to measure your success you will often find you fail to achieve the goal you set yourself at the beginning.
Why do I say this, well because it is often true for one, secondly if you fail to measure your performance against your goal you are unable to modify your approach or put in more effort to achieve it as you have no idea how well you are doing.
Measuring your progress is essential to achieving your goals.
If you have a good Mentorthey will help you measure your progress and encourage you to take more action to achieve your goal.
Here is another secret, always set your target much higher than you are prepared to achieve, the brain has a unique ability to tell you that you will get there even though it knows you are going to fall short.
If your actual target is lower than the target you set, you are much more likely to achieve your target.
Tell your mind to add another couple of zeros on and drive it towards the bigger figure. “Money Is Nothing But The Measure Of The Value You Create For Other People”
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Secret 14 Plan your Cash Flow
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Secret 12 Value your time
Secret 11 Your number one asset
Always over deliver
Find what works
Plan your growth
Do not over extend your ability
Find out what you are best at and outsource the rest
Make people aware what you are looking for
How to find the people and skills you need
Identify the tools, techniques and funds required to achieve Success

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