“Goal setting is boring and it does not work”, that seems to be a common answer from people who tried it couple of times before and got no results.
Just before last year finished me and my wife took some time off to go to the park for a picnic to enjoy the December weather. During that day we both reflected on what has happened in the last 12 months and set goals for the next year, here is a short video.
Goals Setting should be in writing
You have heard it before that goal setting should in writing, but why? does it really work? Check this example, it opened my eyes and got my attention.
The Yale University did a research with the graduate class from 1953. From all the people who did the task:
- 3% had put their goals in writing
- 97% had incomplete goals or none at all!
They followed all the classes to see if there was any difference. Twenty years later the 3% who did goal setting in writing had greater income than the other 97% combined! Interesting, something to think about.
“Whatever the mind of man can conceive and believe, it can achieve.”
– Napoleon Hill
Besides, You can easily forget a goal that is just an exciting thought and it is not jotted down. There is also a chance you may forget some specific details about the goal if you do not write it down. From common sense of perspective, it is easier to motivate yourself to accomplish your goals when they are written on a piece of paper and you can see them everyday. Writing goals down crystallizes them and gives them more force.
Goal setting Tip 1
Find a goal that is big enough to inspire you, and that will unleash your power.
What is the power of goals?
Goal setting is used by top-level athletes, successful business-people and achievers in all fields. Setting goals gives you long-term vision and short-term motivation. It focuses your acquisition of knowledge, and helps you to organize your time and your resources so that you can make the very most of your life.
By setting sharp, clearly defined goals, you can measure and take pride in the achievement of those goals, and you’ll see forward progress in what might previously have seemed a long pointless grind. You will also raise your self-confidence, as you recognize your own ability and competence in achieving the goals that you’ve set. – Source
Goal setting tip 2
Goals give you a vision that keeps you pressing on.
Goals Must Be:
- Dreams become goals when they are in writing, as above
Specific – The more specific you can become with your goal, the more likely you will be of achieving it. Let’s give a simple example: I own a new Porsche Boxter S (you can be even more specific ie., silver color, year, features, etc.).
Measurable – So you know when you hit the goal and when you need to put in more effort. Example: I have saved $100,000 (quantifiable).
Time Focused – Goals must have a deadline attached to them.
Example: By 1st of February 2014
Written in the Present Tense. Example: It is 1st of February 2014, I have just bought Porsche Boxter S, silver colour, black leather seats and paid for it fully in cash and it feels good.
So often ignored and underestimated but goal setting is a very powerful process for designing your ideal future, and for motivating yourself to turn your vision of this future into reality.
Goal Setting Tip 3
Thoughts are things
By defining precisely what you really want to achieve, you have the power to concentrate all your efforts to make it a reality. Additionally, crystal clarity will allow you to avoid distractions that would otherwise lead you astray.
Goal Setting Categories
Setting lifetime goals gives you the overall perspective that shapes all other aspects of your decision making.
The first step in setting personal goals is to consider what you want to achieve in your lifetime. This simple wheel of life is a powerful way of making this complicated task much simpler. Start with selecting categories for your wheel of life. Select categories that will be important to you, below you will find some of the most common examples.
- What level do you want to reach in your career, or what do you want to achieve?
Financial Freedom – How much do you want to earn, level of passive income, assets that you want to own.
Learning/Education – Skills and knowledge that you want to gain..
Family – do you want to improve relationships with specific family members? Do you want to be a parent? design holiday, fun time as well as certain responsibilities so you will meet specific deadlines, have fun and avoid stress.
Physical – Health and Vitality – Are there any athletic goals that you want to achieve, or do you want good health deep into old age? Detail plan that will help you to achieve this. Programs, classes that you might want to sign up for.
Personal Fun – this is a space for you, your hobbies, passions and things you love to do. It is important to be intentional about this category.
Charity/Giving – do you want to give away part of the money you earn? do you want to help a specific cause or an organisation. It is good to list all these here and set goals.
The following broad guidelines will help you to set effective, achievable goals:
- Set goals that are precise, put dates, times and amounts so that you can track your progress as well as you will know the exact moment when to celebrate them.
Prioritise – When you have a list of several goals, it is important to prioritise them. This will help you to avoid feeling stressed and overwhelmed. Additionally it helps to direct your attention to the most important ones.
Chunk your goals up – Break down the big goals into smaller ones so it will be easier to work on them and you will feel the sense of completion more often. If a goal is too large, then it might seem that you are stuck and not making progress, that might be discouraging. Keeping your goals small will give you more opportunities for reward and celebration
Goal Setting Tip 4:
Remember that you might not always hit the goal you set, but you will always get feedback. Failing to meet goals does not matter much, just as long as you learn from the experience.
Importance of Goal setting:
- Goals setting process will help you take time and decide what you really want to achieve in your life.
- It is a powerful way of motivating yourself.
- Goals will help you decide and separate what’s important from what’s only a distraction.
- Building your self-confidence, based on successful achievement of goals.
If your goals are to become financially free this 2013, click on the image below and watch the video to see what is helping us:
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Empowering Your Success