A Career focus, average wealth is just over 100ꯠ and \'somewhat satisfied\' A Money focus, average wealth is 162귔 and \'satisfied\' and lastly, An \'Ability\' focus, average wealth is 780ꯠ and \'very satisfied\'! Go on, have a guess on the statistical conclusion... yep; those who left formal education in the 90\'s focus more on \'Ability\', 80\'s focus on career and lifestyle, whilst the 70\'s predominantly Money. Surely a reflection of the environment of the time. The great thing about focusing on what you are \'able\' to do will help the goal_setting process be more effective. Following Locke and Latham\'s findings that ability to achieve the goal moderates performance _ too difficult and uncommitted individuals do not perform, whereas, stretching yet within my potential ability aids commitment to goal attainment.
It hasn\'t worked in the past. If you have gone through all the trouble to define and document goals for your business, only to look at them some time later and find that you have come up short, you might be wondering: \"What\'s the use? Documenting my goals doesn\'t work for me\". Unaccomplished business goals are painful and costly. If you have set goals, you probably recognize the feeling of disappointment when you have come up short. When you use traditional goal setting methods and don\'t achieve all your goals, you can pay some heavy prices. Unaccomplished goals can rob you of your confidence, motivation and energy. You don\'t like to be wrong about your assumptions. Goal setting requires making some educated guesses about what is attainable, often based on pretty sketchy information. There is a high degree of risk of being wrong and no one I know likes to be wrong. You don\'t want to be disappointed with yourself, or disappoint others, if you set goals and don\'t achieve them. You may see your goals as a public declaration of your intentions and if you fall short you may be judged, by yourself and/or others, as a failure. You think goal setting has to be a long complicated, tedious or hard process (it doesn\'t). This one stops a lot of people who would rather do just about anything but sweat over business goal setting.