Business development · 5 November 2018

How to set unique goals for your one-of-a-kind business

Unique goals lead to unique results, and that’s what you need in order to set your business apart
For the first in a series of articles helping small business owners use personal development to drive their company forwards, Centre of Excellence founder Sara Lou-Ann Jones reveals the custom goals all young companies need to identify.

you’ve been taught that in order to accomplish great things, you’ve got to set goals and then follow through until they’re realised.

But there’s more: not just any old goal will do.

It can be easy to look at your competition, notice what theyve achieved, and set identical goals.

However, the goals you set for yourself and for your business should be uniquely yours, and so steeped in your mission and vision that you find yourself encouraged by everything from research to final achievement.

Your goals should inspire pride. They should keep you focussed and wanting what they promise to provide. They can only do that when they’re written specifically for your businessfor your dreams.

don’t set your goals out in the cold

When you think of all the work you’ve put into creating a unique business for yourself the visual branding, the USP, the branded language, the positioning and then think of setting the same goals that other businesses are settingwell, that should make you feel short-changed.

Unique goals lead to unique results, and that’s what you need in order to set your business apart from the rest. How can you make that happen?

Here’s my advice for setting custom goals for your one-of-a-kind business:

  1. Name your USP (unique selling proposition)

This is the thing that sets you apart from the rest. How can you spotlight that difference? How can you get people talking about how your business is unlike any otherin that specific aspect?

The language you use in your marketing is one way, but in order to get brilliant results, you’re going to need to get creative. Use what you know about your target market to set a goal that results in your loyal customers talking about what makes you different.

  1. Talk to your ideal clients

Ask them about the pains they’re feeling and the gaps they’re experiencing. Take their idea of perfect? and write business goals that will make it possible for you to help them feel that.

For instance, if they say there’s no one in your industry who provides real people to talk to when they’re in need of technical support, then calculate how much more revenue youll need to earn in order to hire a full-time customer service professional.

  1. Know your numbers

How much production can you get from your current team, capital and revenue stream? And what’s the difference between that number and what you need to produce in order to reach the income level that will support the lifestyle of your dreams?

When you set production goals, they must be generated using specs from your business alonenot industry standards or financial guru speak. Sure, look to them for guidance, but always remember that your numbers are your numbers.

  1. Customise your internet goals

everyone? says you need to increase website traffic, social media engagement, search engine resultsbut there are some problems with following this type of generic advice. Where are your ideal customers going for their information? And what, exactly, does the word increase? mean?

Does welcoming ten more website visitors per month equate to reaching your goal? How will you know if that will get the results you need? Instead, think about your desired outcome and envision the number (and type) of people youll need in each channel, depending on what they use the channel for, what they do when they’re there, and more.

  1. Remember your personal aspirations, too

Sometimes when we think of business goals, we only think about those goals that build our businesses when we should be setting goals that make our personal aspirations reality. Maybe you want to take three vacations a year.

Maybe you want to be able to retire when you’re 60, or never miss one of your son’s soccer games. These aspirations will all take targeted planning and custom goal-setting to make sure that you have the resources and the coverage to be able to have it all.


 
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ABOUT THE EXPERT

Sara Lou-Ann Jones is the founder and CEO of the Centre of Excellence, a leading e-learning platform which offers thousands of different courses in a huge range of subject areas, from business to wellbeing.

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