How to understand what is better for business: SMART or Stretch goals?

I'm working on a development strategy for my project, and I'm wondering whether to set SMART or Stretch goals. On the one hand, SMART is more structured, but Stretch motivates for ambitious results. Who has faced this choice, what worked better in the end?

Replies to This Discussion

Permalink Reply by rOFF on February 12, 2025 at 12:33pm

If you’re trying to figure out how stretch goals meaning fits into your business strategy, it really depends on your team and resources. Some thrive on big challenges, while others lose motivation if the goal feels too far off. The balance is key. If you’re looking for a deeper breakdown of how to use them effectively, check this out – https://www.voiset.io/blog/smart-goals-vs-stretch-goals

Permalink Reply by dabberemeen on February 12, 2025 at 12:36pm

SMART goals are great for quick and clear results - they are clear and easy to track. Stretch goals, on the other hand, help you go beyond and strive for more. The best option is to use both approaches depending on the situation.

Permalink Reply by bisseranast on Thursday

Starting a business isn’t just about having a great idea—it’s about execution. By educating yourself, conducting research, and taking strategic steps, you’ll increase your chances of building a successful and sustainable business. Stay persistent, stay adaptable, and never stop learning!

Permalink Reply by bisseranast on Thursday

As for me, I became interested in making money with affiliate marketing and I am connected to SpreadSimple. The platform automatically transformed my spreadsheet into a fully functional affiliate shop. I chose a niche based on trending products and my personal interests. Also, I tweaked the design, added branding elements, and optimized the site for SEO. Using social media, content marketing, and paid ads, I drove traffic to my store and started earning commissions.

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