Goal Setting Avoids Failure

Why is it that goal setting an activity that most person shun away from? Is it the fear of not fulfilling it? Or is it the fear of trying to achieve it?
There are many people that are very reluctant in goal setting. There may be many reasons why they are against goal setting. They may think that it makes no sense in goal setting because there are too many ways to fail and one way to success. They can figure that the failures will out way the success of goal setting. Really what is the use of goal setting if you think that you are going to achieve it with ease all the time? You may need to challenge yourself at least once and a while when you are setting your goals.
There are some people that will need to set their goals on a daily basis. That way there they are going to be able to get through the day without a lot of caucus. When you think that it makes no sense that you have to set daily goals you are not thinking that this may be the only way for some to get through all of their days.

It is never a bad idea for you to take time to set some short term and long term goals for your self. You will want to make sure that you are going to take time and think out what you are going to set your goals at. You are going to want to make sure that you are setting goals that are doable and reasonable. You do not want to make certain that the goals you have set for your self is going to have a certain time line and it will also need to reasonable.

There are a few out there that are going to fell that they do not need to set goals for their life because they are going to live life one day at a time. That is good for some parts of your life but when it comes to your education and employment you may want to seriously think about goal setting. If you are setting goals for your education and job you are going to have something to look forward to when you start to think that you are not going to be able to go on with your schooling and with the people that you may be working with in your job.

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Dealing with Poor Payers is a Business Nightmare

As a business owner, it's rarely possible to completely guard against bad debt; after all, the only way to avoid debt would be not to trade at all. Running a small business is not without risk, but there are steps you can take to reduce the risk of debt. All companies have to get paid somewhere along the line, and it is important to be aware of the nature of your customer at the outset of any trading relationship.

It is often advisable to carry out a credit check on any potential client before entering into a trading relationship, especially if you have no prior knowledge of the client. Also, give the client a credit limit which reflects the credit rating of the client: if the credit rating is low, then it is advisable to give the customer a low credit limit and vice versa. If the client exceeds their agreed credit limit, or invoices remain unpaid, ensure that no further goods or services are provided until the account is brought back within the terms of the agreement.

It's also a good idea to keep an eye on your customers' payment history. Poor cash flow or too many debtor accounts are the top problems facing most small businesses - second only to low turnover or lack of business in the first place.

In addition, you'll want to ensure that your customers know and understand the terms of their credit agreements prior to commencing any trading with them. Providing the customer with a copy of the terms and conditions which they must sign and return to you can help in the event of legal proceedings to recover payment. Furthermore, make sure that any invoice includes the terms of payment and a due date.

Over time, if a customer's payment of their invoices becomes progressively more sporadic, or even worse, aren't paid at all, its maybe worth making enquiries with the customer as to the reason for late or non-payment. They might be having financial difficulties - possibly through lack of business - or perhaps their own customers aren't paying them, resulting in their failure to pay you.

But, if all your attempts at collecting have failed, what else can you do? You might consider legal action in order to try and receive your money through the court. Or, you might instead employ the services of a debt recovery company. There are numerous debt recovery companies, such as Capquest, who can assist in reclaiming debts, or in some cases will buy the debt from you, although at a reduced rate.

However, whatever you do, don't let the problem become so large that the account is no longer manageable: deal with the problem sooner rather than later. Read More...

Personal Success Through Goal Setting

by: Roy Thomsitt

Setting goals and objectives is a process which has very wide application in business, and it was certainly a part of my own business training which I had to put into practice regularly in the years that followed. Some of the better businesses and organizations will also incorporate personal goal setting into staff development, as part of the personnel (human) resources routine. But what about you as an individual? Can you use goal setting as a tool to help you achieve success?

Goal setting can, indeed, be a very useful, sometimes powerful assistant to your personal success. If you incorporate goals and objectives into your personal planning, whether short or long term, then your road to success will have a better foundation.

Success? Success at what? That is entirely up to you. If there is something in life you want to succeed at, then there will no doubt be some goals you can set to help you along the way; like stepping stones across a river when success is the opposite bank. In reality, you can apply goal setting techniques to any part of your life, whether it is to do with work, personal relationships, where you want to live, or a personal hobby or interest. So long as you set realistic goals at each stage, then they can be a very strong personal incentive, which will prepare you for the next stage. Eventually you will be able to look back and see how far you have come, and you can wave goodbye to those stepping stones and go on to new ones on another journey to success.

If you settle down and think clearly about what you want to succeed in, and then what you need to achieve in order to get there, you will quite naturally give a structure to a plan which you will follow; a structure that will incorporate goals you will need to achieve along the way. As with business goals and plans, your personal goals need to be realistic. If you have never driven a car and decide you want to be a Formula One race driver, then it does not make a lot of sense to go directly to Ferrari HQ and say “Here I am, can I race for you in next week’s Grand Prix?”

If you are determined enough, you may become an F1 driver, but there are a few little goals to achieve first. That applies to just about anything. You need to pinpoint the key achievements along the way to success in whatever it is you wish to succeed in, set an appropriate series of goals, and then tick them off one by one.

It is important to think clearly about your personal goals, as they are just that, personal. They are not your husband’s goals, you parents' goals, or your brother’s goals, they are yours. Keep focused on what you want to achieve, not what others would like you to achieve from their own viewpoint. Use the opportunity to incorporate lifestyle goals into your plan, such as living by the sea, having a nice house, anything that is important to you. Even happiness benefits from goal setting; you can think about everything that would make you happy, and then set goals to achieve each of those elements.

Having decided your goals, then put them together in a plan that is realistic, otherwise you may be despondent after missing a goal which was impossible anyway. Set a reasonable timescale, and then try to aim for it step by step. If your chosen area of success is a competitive one, then remember that most people will just give up. But you will not give up, will you?

This setting personal objective article was written by Roy Thomsitt, owner and part author of the Routes To Self Improvement website.

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