- IT MUST BE YOUR GOAL
Why did you choose Chartered Accountancy?
- Parent`s Compulsion
- Friend`s Recommendation
- Good job opportunities
- A very interesting course
If you ticked (d) you will be motivated on a daily basis. If you ticked (a) you will have more difficult time keeping your studies on track. If you ticked (b) or (c), you may achieve the goal only after an intense struggle since it is a goal; you imposed on you by someone else. Even if you achieved the goal, you may not be able to enjoy the success because this goal may not be what your heart wanted.
- WRITE IT DOWN.
Write down your goals. That is the only way to ensure that you won`t go back on your goals. While memory is fine, there is nothing easier to help recall than the written word. For example: you may plan to revise 40 pages of INDIRECT TAXATION or 60 pages of AUDITING by end of week. If it has not been put down in writing, you might tend to deceive yourself when weekend comes by saying, “Hey, no. I meant the next weekend!”
- BREAK IT DOWN
While it is smart to have goals, you need to break them down. Goals need to be split on a time-scale basis to ensure that they don`t stay as dreams. Split them into four categories.
- Long –term goal: This is the goal that tells you what you would like to be known 5 years from now? How do you decide it? Just imagine that if a local magazine were to do a story about you 10 years from today what would you like it to say about you? Well, that would be your goal!
One way to set long-term goals is to think of a person who made lasting imprint on your life. Someone whom you would like to emulate, VIRENDRA SEHWAG Indian cricket`s new pin up boy always wanted to become like SACHIN so much so that when he first burst on the scene people said, “he looks like SACHIN, and now he bats like SACHIN.” In your case, your mentor could be a CA rank –holder or a teacher or simply a young achiever. What are the qualities that person has that you would like to develop? Thos should be your goals.
Of course, as students of CA, your main goal would be to become a CA. let us call this as one of your `long –term` goals. Your articleship period runs for 3 years flat. You need to tell yourself as to what intend to achieve during these 3 years. Typical long-term 3 year goals could be:
- Pass CA Final with an All India Rank.
- Develop interpersonal skills in a way that would fetch you a hot job as soon as you qualify.
- Gain thorough experience in auditing so as to be able to join an MNC.
- Medium-term goal: these would represent the milestone on your way to achieving the long-term goal. These are what you would like to achieve across the next 15 months. We would call them the 15month goals.
- Typical examples could be:
- Pass the CPT with All India Rank
- Figure amongst the top 10 rank holders in the IPCC
- Develop the ability to speak in front of 200 People
- Be able to individually finalize the accounts of small and medium- scale companies.
- COUNT THE COST
Often we set high goals. That`s good. But we conveniently forget the sacrifice that has to be made to achieve them. How often have we baulked at others success, but have we asked ourselves the costs-the sacrifices- that have gone in? True, if your boss makes his corers and made big name in professional career or if some of your friends get All India 1st rank and they have not got this in easy way should scarifies something for getting something. In much the same way, you will have to make major sacrifices in your bid to achieve your goals. No more television, no more internets, no more games and no more chat. Enter long hours of work. Long hours of study and classes, you should be willing to pay the price that will help you achieve the big goal.
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