Setting Goals and SMART Strategy for Freelancers

BUSINESS SETTING

by HAO Training - Business English Education

1/21/20243 min read

person using MacBook Pro
person using MacBook Pro

Setting goals is an essential aspect of achieving success in any endeavor, and freelancing is no exception. Whether you are a seasoned freelancer or just starting out, having clear goals and a well-defined strategy can help you stay focused, motivated, and on track towards achieving your desired outcomes.

Why Set Goals as a Freelancer?

Setting goals provides a sense of direction and purpose. It helps you prioritize your efforts, allocate resources effectively, and measure your progress. Without clear goals, you may find yourself drifting aimlessly, lacking motivation, and struggling to make progress.

When setting goals as a freelancer, it is important to ensure that they are SMART goals. SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-bound. Let's delve into each of these components and explore how to create a SMART strategy.

Specific

A specific goal is clear, well-defined, and unambiguous. It answers the questions of what, why, and how. Instead of setting a vague goal like "increase income," a specific goal would be "increase monthly income by 20% within six months by acquiring three new clients."

When setting specific goals, it is crucial to be as detailed as possible. This clarity helps you understand what you need to do and provides a clear target to work towards.

Measurable

A measurable goal allows you to track your progress and determine when you have achieved it. It involves using quantifiable criteria to assess your success. For instance, instead of setting a goal like "improve client satisfaction," a measurable goal would be "increase client satisfaction rating to 90% within three months through feedback surveys."

By setting measurable goals, you can objectively evaluate your performance and make adjustments as needed. It also provides a sense of accomplishment when you reach your desired outcome.

Achievable

An achievable goal is realistic and attainable within your current resources and capabilities. It is important to set goals that challenge you but are within reach. Setting unattainable goals can lead to frustration and demotivation.

When determining if a goal is achievable, consider factors such as your skills, experience, available time, and resources. It is better to set smaller, achievable goals that contribute to your larger objectives rather than overwhelming yourself with unrealistic expectations.

Relevant

A relevant goal aligns with your overall objectives and is meaningful to you. It should be relevant to your freelance career and contribute to your long-term success. Setting goals that are aligned with your values and aspirations increases your motivation and commitment.

Before setting a goal, ask yourself if it is relevant to your freelance business. Will it help you grow, improve, or achieve a specific outcome? If the answer is yes, then it is likely a relevant goal worth pursuing.

Time-Bound

A time-bound goal has a specific deadline or timeframe. It provides a sense of urgency and helps you stay focused and accountable. Instead of setting an open-ended goal like "learn new skills," a time-bound goal would be "complete an online course on graphic design within two months."

Setting deadlines for your goals helps you prioritize your tasks, manage your time effectively, and avoid procrastination. It also allows you to track your progress and make adjustments if necessary.

Conclusion

Setting goals and creating a SMART strategy is crucial for freelancers who want to achieve success in their careers. By setting specific, measurable, achievable, relevant, and time-bound goals, freelancers can stay focused, motivated, and on track towards their desired outcomes. Developing a SMART strategy further enhances the chances of achieving these goals by outlining the necessary actions and steps to take. Remember, setting goals and creating a strategy is an ongoing process that requires regular evaluation and adjustment. Embrace the power of SMART goals and watch your freelance career thrive.