Derek Siewert - Setting Realistic Business Goals

As you begin to make decisions about becoming an entrepreneur, you will want to think about setting the goals that will help sustain your drive and vision. Derek Siewert says a lot of learning occurs from mistakes that you will make along the way and some mistakes you will inadvertently repeat.

Some of the goals you may set for yourself and your business may involve how much money you'll earn as the owner and how much money your company will make every year. You'll also want to set the number of hours you will work each week and how many hours should be spent uninterrupted with your family.

You'll also want to forecast how many employees you'll have, the number of customers you'll do business with in your first years and the speed at which your company can comfortably grow.

Writing your goals on paper actually helps you reach these goals. Once they are written down, you can always refer to them on a regular basis to help you keep track of your own program or change them as the situation calls for it. Derek Siewert helps your staff stay focused on the truly important things for your company. As you begin your life as a businessman, writing down your goals becomes a top priority.

If you exceed your goals, congratulate yourself. If you are a little behind profits before tax, then at least you still took home some money and you are doing something on the right path. Check your goals, set the next ones and move on.