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Are You At Risk Of Wasting Your Life Away Without A Goal? Boy, I did learn a valuable lesson when I did not put up a plan for my online business. I have no goals, no plan of action. I was wasting 2-3 years of my time! Now I have learnt the importance of goal setting because it sets the path for me. Goal Setting - The Key to Success Goal setting is a critical step in achieving success in your life. By setting goals, you will be able to accomplish all your tasks in a timely, organized manner. Planning out your goals can help you focus your efforts so that you can quickly reach your goals without becoming frustrated or side-tracked along the way. Goal Setting-a vital part of your business Goal setting is a critical part of your business and is one of the main parts of a good business plan. Many people when they first start a business neglect to do this and just go around in endless circles achieving very little. Goal Setting Avoids Failure There are many people that are very reluctant in goal setting. There may be many reasons why they are against goal setting. They may think that it makes no sense in goal setting because there are too many ways to fail and one way to success.