Success means something different to us all. A self-made businessman worth millions of dollars would be thought successful by most. But if that businessman only rarely sees his family, never gets to play golf and spends all of his time on airplanes or in some exotic sounding (but usually antiseptic) hotel, is that really a success?

Would that businessman think his life a success?

Possibly, possibly not.

But if that man had set himself goals for his business, private and social lives he at least has some way of measuring his achievements.

Before starting on any Endeavour - set your goals.

Make sure your goals are specific enough that you know when you have achieved them. "I want to make money on the internet" is weak. "I want to make $100,000 next year and $200,000 the year after" is much stronger.

Don't forget to include your private and social goals. Many rich people complain that they have all the freedom that money can buy - but money can't buy the time to enjoy what they have earned.

2. Plan, Plan, Plan

If the number one key to success in retailing is location, location and location, the number one key to success in business is plan, plan, plan.

Remember the 5 Ps success model - Prior Planning Prevents Poor Performance. (When I was taught this in the military there was a 6th P - for the sake of a mixed audience I have left this out. Use your imagination - you'll guess what it was :-))

If you've done your goal setting you know what you are going to achieve. The point of planning is how you are going to do it. Break each goal down into constituent steps needed for its achievement. For each step decide what, who, where and when it is to be done.

Be realistic and make sure that every step is achievable in the time set. Be prepared - when you plan-out all that you need to do, the amount of work can be daunting. Better to know this up-front than sale merrily into a venture only to find it is a huge monster that is going to take you a lifetime to kill.

3. Action Counts

I've seen some beautiful plans. Highly researched, well thought out and presented. I'll talk to a business owner and they'll say, "We've got a plan" and, after searching around for a while, pull it out of the bottom draw of a filing cabinet.

"So, why aren't you using it", I'll ask. Nine times out of 10 the plan was produced to obtain funding. Despite the really good work to produce the plan once finance is received the plan is put to one side and ignored.

Big mistake. Taking action is the only thing that counts. And the plan ensures that your actions deliver your goals.

Every successful business I have looked at has clear, current business, operational and marketing plans. It doesn't matter whether your business is offline or online - effective plans deliver results.

Investing in Forex Trading

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