Setting your goals - Long Term AND Short Term

Back in Jan 2008 I was just fed up with my day job and had to decide to look for another one at another company or just do online marketing full time (which I had been doing since 2004 on part-time basis).

Part-time, I was putting in 1-2 hrs/day since 2004 that made me year over year enough that my wife never had to work so I was making my salary (at my day job) + enough that my wife would make with her teacher qualifications.

So quitting my job would mean I had to take a sudden fall of my 6 figure salary and be content with what I was anyways making part-time. But after reading a lot of success stories I decided to write my goals BEFORE making any drastic decision:

1) Jan 2008 set my Long Term goal that when I'm able to match or surpass my 6 figure salary using internet marketing, I'll quit my day job.
2) At the same time I set my short term goals on a weekly and monthly basis. My weekly goal was to make $900-$1100 or around $3600-$4400 monthly NET PROFIT.
3) By April 2008 I was meeting my short term goals and then it just plateaued until July 2008. I had no idea why I could not increase or exceed my short term goals.
4) Never gave up as I was still meeting my short term goals with an eye on long term.
5) I worked even harder from july 2008 onwards and by Oct 2008 i had met my long term goal, that is exceeding my salary and was making $350+ daily NET PROFIT.
6) Gave my 2 week notice and started full time online marketing in Nov 2008.

I'm here not to bore you with my story but to mention that you should set short term as well as long term goals. And write them. There was a 3 month sombering experience when I wasn't seeing the light of my long term goal and it kept frustrating me, however the short term goal allowed me to sleep in the night.