If it’s not been said before, but write your business goals down! Not because they are easy to forget, there are other important reasons why you have to write them down. I thought in today’s blog post, I’d share some thoughts on this and maybe, inspire you to write down your own goals going forward. This works for any type of goal, not just the business ones.
The simple act of setting a goal, even if it’s just in your mind, doubles your chances of success. That’s a pretty big deal in itself, isn’t it? If you take it a step further and write those goals down, you’re 10 times as likely to succeed. Read that last line again, please. Yep, you can increase your chances of making it by 1,000%. That’s mind-blowing.
There are a few different mental and psychological processes going on here that start to give us a glimpse into why it is so important and effective to write our goals down.
It’s a lot easier to remember something that we’ve written down. You’ve experienced this first hand with your grocery list. When you make a mental list of 10 or 15 things, you’re likely to forget about half of them when you get to the store. If you write out the list and end up forgetting it on the counter, you will remember the vast majority of the items you needed. This is explained through the fact that information has to be moved from one area of the brain to another to turn it from thoughts into written words on a page. A process called encoding is also involved. All of this helps you retain and store the information better. It’s the reason we’re asked to take notes during lectures in college.
And when you write down your goals, you have something you can review regularly. This adds another layer of cognitive processing and increases your chances of success even further. Sadly, only a very small percentage of people take the time to regularly review and evaluate their goals. The ones that do are some of the most successful and highest achieving people out there. In other words, it’s something we should do as well.
So if you haven’t done so yet, start by setting goals. Write them down in as much detail as possible. Set aside some time to review them regularly. This could be weekly, or even daily. Give it a try for this coming quarter. Set yourself a goal. Be specific. Decide by when you’ll reach your goal and how you plan to get there. Write it all down and look at it every morning. This will help you stay on track and make time in your busy day to work on making progress towards your goal.