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It is better to have smaller victories than one big loss. Different people plan for different things in life, that's why a good manager should have experience, and be able to help an artist reach as many goals as possible if they are representing them.
Setting long term goals gives a broad overview of your expected future...
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You need to ask yourself questions like, "What is your ultimate goal," "Where would you like to be in 10 years," "Where will your money circulate from," and so on. Your long term goals should always motivate you to always work hard in the essence of achieving them, that doesn't mean that over the ten year process your goals will never change, they may, then you just have new ones, as long as you have something to look forward to every moment...
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