I love this time of the year. The gyms are full of people, everyone is at work and focused, it should only be about 2 weeks and everyone will be complaining that they have broken their resolutions. Once that happens a bulk of the population will give up and go back to planning day to day again. How do we make sure that we do not squander the opportunity to excel at our business this year?
It all starts with setting written goals for what we need to accomplish this year. I did things slightly different this year from what I have done in the past. I started with my personal goals first, before I set my business goals. Instead of being a slave to my businesses this year, my goal is for all three of my businesses to work for me. This is a departure from the way that goal planning is traditionally done. I would encourage each of you to try this approach.
Once I had my personal goals set and quantified (what is the price tag?) I was able to determine what I needed each of my businesses to do from a financial and personal development standpoint. Let me give you a couple examples of how this will work.
My biggest personal goal for this year is to be completely debt free by December 31st, 2017. After starting two businesses in 2016, I am not where I would like to be from a debt standpoint. This is an easily quantifiable number, which I can work backwards from to determine what each of my businesses needs to generate in revenue during 2017 for me to achieve my goal. I was able to set revenue targets for each business and will be having monthly check-ins throughout the year to make sure that we are on track.
You can’t succeed in your goals if you do not believe you can accomplish them. I have been applying a technique taught to me by my friend Craig Hallenberger over the last few weeks that has had a dramatic effect on me staying on track already. That technique has you look back into your history for your motivation (remembering when we were debt free) versus imaging what it would be like to be debt free. This simple change in mindset connects you to a much deeper emotional connection. If you would like to learn more about these techniques go to www.craighallenberger.com.
Finally, if you have already broken your resolutions or need to get back on track, my friend Scott Carley (www.growthdynamics.com) and I will be conducting a goal planning session here at T-Werx on January 20th from 8:30am-12:30pm. The session is called Laser Focus and will be focused on teaching advanced goal planning techniques and will culminate in you developing a 5 year goal plan and presenting that in front of a “Shark Tank”. For more info go to www.Sharktankgoals.com.
I hope all of you have a fantastic and successful year. January 1st is just an arbitrary date for goal planning. If you have already broken your resolutions, stop and start again and commit to them.