Business Mentor: Setting realistic goals for your business

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A young grade school student may dream of becoming a doctor, pilot, nurse, teacher, or businessman. As the child grows up his dreams may change.

An entrepreneur also plans which direction he should go. Great ideas involve planning. Planning well is essential for success.These two words may seem identical. Dreams occupy your mind, while goals take over your reality. This means, dreaming is like having an unrealistic vision: you may want to become the president of the Philippines.

Although there’s just a slim chance of that becoming a reality, you still put a lot of work to prove to the whole country that you are worthy of having the highest post. If you just have this in mind and don’t do anything about it, then it will just remain as a dream. Goals are visions you work towards. If your goal is to become a successful entrepreneur, you will do everything that you can to build a successful business. Setting business goals should be realistic. Set benchmarks that are reachable without the need of any drastic measures. Every entrepreneur should set good goals. Building a business is not a piece of cake. Facing everyday adversities should lead an entrepreneur to a better perspective of what lies ahead.

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