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When you’re setting goals for your self-employment job or business, it’s important to set realistic goals. You might want to make a million dollars in your first month, but that’s not realistic. It would be much more realistic to “reach profitability within six months” or something similar. This goal does not set some arbitrary dollar amount, but does say that you’ll be making money. It’s also time-constrained to motivate you to work hard on it for those first six months.
There’s an acronym to help you set smart goals. Conveniently, the acronym is SMART. Here’s what it means:
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