The number one key to being more productive and successful is to set goals. But you shouldn’t just set any goals. If you really want to move ahead, you need to set targeted SMART goals.
Keep reading to find out what we mean by SMART and how you can use this to get ahead in the multifamily industry.
SMART is an acronym that defines the specific things you need for your goals to be effective. Goals should be:
It’s not enough to just think, I want to build my business. Your goals
The goal needs to be something that can be measured. So with the
If you are setting goals that are completely unrealistic, you’re going to end up disappointed. So ask yourself, is acquiring two new communities really something that’s achievable for where you’re at now? Maybe this needs to be revised to one new community? Or maybe you could do even better. You’ll need to evaluate where you are right now and ask yourself, is this something I can
Your goal also needs to be relevant. Be sure
Ask yourself, when can you realistically expect this goal to be accomplished? If we use the goal above, I want to acquire two new communities, we can just add a time limit, let’s say in the next year. So our SMART goal becomes, I want to acquire two new communities in the next year.
Now that we’ve gone through the entire SMART acronym, we have a specific, measurable, achievable, relevant and timely goal. That’s something you can work with. That’s a goal that’s going to help you move ahead in your multifamily management career.
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