According to some, competition fueled by innovation is the main reason for modern existence. These two words may sound like buzzwords, but humanity likely wouldn’t have evolved to what it is today if the statement wasn’t true.  The same idea can be applied to the statement, competition is a catalyst for progress. If an individual or company doesn't have a competitive spirit at its core, many believe they’ll stop being innovative, meaning they’ll stop trying to improve themselves. An act that can be hindering, especially in today's world.

Goals are important in business because they not only help gauge metrics but are also critical for growth. They serve as a day-to-day business plan and can offer great incentives for your team. Setting small goals that are not intimidating but much more realistic is vital. Here are some tips shared by Suhit Amin on how to set goals to grow your company.