This step-by-step procedure is to be broken down further into smaller steps, so that monitoring the progress of the minute detail plan is possible almost on a daily basis. With each step, a set of performance or actions to be taken should be put in place. These steps or actions are needed to be assessed, updated and once in while revised. As such, time management is very important, especially to people in the workplace who are always bombarded by heavy work loads and different tasks. Each person for sure has his or her own other life aspects like social, life, sex life, family life and spiritual life. Each individual has his or her own set of priorities. It would advisable if you would write down the specific financial goals that you ultimately want to achieve over time. You can get a piece of paper and write them all down, then keep the paper where it can be easily found. You can post at the door, your headboard, the wall, or even at the door of the fridge. Some Simple Guidelines for Effective Setting of Goals They say that the best opportunities offered to you in life are the very same opportunities you create. Physics law of inertia states that without a force or action imposed on an object, no motion or movement can take place. The same is true with your life. By measuring progress and development in one endeavour, you are given the chance to improve and do more when the gauge indicates there are still more effort needed. Failure Another importance of goal setting techniques and measures is opening you to the possibility of failure. By being open about the idea, you are made open minded and receptive to the various and possible causes of pending failures. Diamonds with yellow, blue ang green hues are simply alluring. But 'alluring' is not what to do with your business goal. What the above statement means is that what you want and what you need is a business plan that is clear from the onset, in order for the internal factors of your business to run smoothly.