It’s nearly 2009. Have you set your goals? Do you ever set goals? Many people INTEND to set their goals only to look back having let another year go by. At my ripe age of 30, its easy for me to look back and say, “What have I accomplished in the last 10 years?” You should be asking yourself the same thing. Chances are things aren’t that bad despite the economy, especially if you are a Richer Report reader. Let’s take a look at how I set my goals each year. Keep in mind there are many ways to do this, but the main thing you do is to SET GOALS.
1. Identify the various areas of your life.
Example, I use the following:
- Family
- Religious
- Charity
- Business
- Financial
- Education
These are in no particular order but I take into account that I need to be growing personally in these areas.
2. Eat an elephat in bites
If you have $100 in your checking account but are worried about the $1,000,000 or more you will need to retire, don’t panic. Focus on what you can do today to impact things. Example, reduce debt, start savings accounts, etc. A couple friends and I once started pooling $50 per month each into an account to buy real estate. It sounded silly at first but after a couple years and small incremental bumps up in contribution, we had 4 rental homes.
3. Give to charity
This is an area I’m putting a big focus on in 2009. The more I seem to give away, the more I get in return. This continues to happen. I’ve found a couple charities that are very dear to me including my church but also including an organization related to one of my business verticals. This gets creates a lot of interest in donating for me, thus I’ll donate more.
4. Don’t forget family.
I’ll admit it. I’m a workaholic. To me my work is very meaningful and therefore it doesn’t seem like work to me. But it is still very easy to get engrossed in projects and neglect family time. This year I’m planning visits to relatives that I haven’t seen in a long time, and devoting extra time to my wife.
5. Write your goals down.
Most people never write them down. I go as far as printing them out and putting them in a picture frame on my desk. This allows me to visualize my goals constantly.
6. Set reminders to check status
Set a time each month, or week, to see where you are, if you are on pace, and if not, what needs to be done. This is the most important. Don’t write your goals down and forget about them.
7. Get someone else involved (if you can)
My wife and I are doing goal setting together, then my business partners and I. I’m including my parents in my goals for family and travel.
If you are new the goal-setting process, don’t be afraid. You’ll improve over time and see measurable results. Remember, ”luck” is the intersection of preparation and hard work.
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