Leila Hormozi’s 5-Step Goal Setting Process

Alexi Drouin

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Sep 26 in 🏢 Operations

(This is how to set goals like a professional)

1. 🕵️‍♀️ What problem are we solving?

2. 💡 What’s your best guess on how to solve it?

3. 📝 What am I going to do, and who is going to do it?

4. 💪 What do I want to have happen? How do I know I’m successful?

5. 🙅‍♀️ What could stop or slow me down? How long will it take to do it?

“If you don’t assign a ‘who’ to a ‘how,’ then you literally won’t solve the ‘what.’” — Leila Hormozi

In her video “How to Beat 97% of Businesses,” Leila Hormozi discusses the key strategies for effective goal setting and the common pitfalls that businesses encounter.

The challenge? Most people underestimate the time it takes to achieve a goal because they fail to consider potential obstacles.

The solution? Anticipate these obstacles and proactively address them to prevent derailment.

The takeaway: Goals should be personal, aligned with performance and incentives, flexible, and adaptable to new information or changing conditions. An example from Leila’s experience involved pivoting an executive goal due to shifting circumstances—illustrating the importance of reassessing and adjusting goals as needed.

Leila emphasizes that setting the right goals is crucial for business success. It’s about discipline: doing less, but doing it better.

So… what’s your top goal-setting challenge right now?

P.S. Like this post on LinkedIn if you found it helpful. 🙏

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