This could very well be the biggest stumbling block for new entrepreneurs, and continues to be a struggle for experienced business people.
It is easy to have dreams. Young girls dream about meeting a handsome prince and having a magnificent wedding. A young boy becomes captivated by a sport and dreams about making the final play to win the championship. A new entrepreneur dreams about opening their business and then retiring on the beach in Maui. Why is it that only a small handful of people attain these, or any dreams? The answer is really quite simple; they know how to turn their dreams into goals.
Success is a matter of taking a dream and turning it into a goal. It is more than semantics. A dream is a desire while a goal is an actionable plan.
The transition from dream to goal involves four steps:
If resources are insufficient or the cost is too great, you need to rethink the goal. This does not mean to reject it as it may simply need to be tweaked slightly. If the goal is too soft, go back to step one and two and increase your expectation or shorten the timing. If the second phase validates that the goal is possible, you can continue the road to success!