Goal orientation is a way of thinking practiced by optimists and all successful people. In future orientation, you first develop a clear, ideal picture of what you want to accomplish sometime in the future. With goal orientation, you crystallise that image into specific, measurable, detailed goals and objectives you’ll need to accomplish to achieve that ideal future vision.
Successful people develop the habits of personal strategic planning. They sit down and make a list of exactly what they want to accomplish in the short, medium, and long term. They then use a powerful, seven-part goal-setting methodology to create blueprints and plans of action that they follow every day.
Once you develop the habit of setting goals and making plans to accomplish them, it will become as natural for you as breathing. By following a proven goal-setting process, you’ll increase the likelihood of achieving your goals by as much as ten times, by 1 000% or more. This isn’t just a theory; it has been proved and demonstrated repeatedly by almost every person who practices it.
In February 2003, USA Today reported on a study of people who had set New Year’s resolutions the year before. They found that only 4% of the people who had made New Year’s resolutions, but had not put them in writing, had followed through on them. But 46% of those people who had written down their New Year’s resolutions carried them out. This is a difference in success rates of more than 1 100%!
Related: Goal Setting Guide
The seven-step formula
Many formulas and recipes exist for goal-setting. As a rule, ‘any plan is better than no plan at all.’ Here is one of the best and most effective goal-setting plans or formulas you will ever learn.
Decide exactly what you want in a certain area, and write it down clearly, in detail. Make the goal measurable and specific.
Set a deadline for achieving the goal. If it’s a large goal, break it down into smaller parts and set sub-deadlines.
Make a list of everything you’ll have to do to achieve this goal. As you think of new items, add them to your list until it’s complete.
Organise your list of action steps into a plan. A plan is a list of activities organised on the basis of two elements: Priority and sequence.
In organising by priorities, you determine the most important things you can possibly do on your list to achieve your goal. The 80/20 rule applies: 20% of the things you do will account for 80% of your results. If you don’t set clear priorities, you’ll ‘major in minors’ and spend much of your time on small and irrelevant tasks that don’t help you achieve your goal.
In organising by sequence, you determine what must be done before something else can be done. You create a checklist. There are always activities that are dependent upon other activities being completed in advance. What are they, and what is the logical order or sequence of completion?
Identify the obstacles or limitations that might hold you back from achieving your goal, both in the situation and within yourself. Ask yourself, “Why have I not achieved this goal already?”
Identify the most important constraint or limitation that’s holding you back, and then focus on removing that limiting factor. It could be a certain amount of money or a key resource. It could be an additional skill or habit you need. It could be additional information you require. It could be the assistance of one or more people. Whatever it is, identify it clearly and go to work to eliminate it.
Once you’ve determined your goal, developed your plan, and identified your major obstacle, immediately take action of some kind toward achieving your goal. Step out in faith. Do the first thing that comes to mind. But do something to start moving toward your most important goal.
Do at least one thing every day that moves you toward your most important goal. Make a habit of getting up each morning, planning your day and then doing something, anything, that moves you at least one step closer to what’s most important to you.
The habit of doing something every single day that moves you toward an important goal develops within you the power of momentum. Daily action deepens your belief that the goal is achievable and activates the law of attraction. As a result, you begin moving faster and faster toward your goal, and your goal begins moving faster and faster toward you.
Now that you have the formula, here’s how you achieve your goals.
Don’t let life and ‘busyness’ derail you
Accomplishing a goal can be hard work. But even if a project is something you are passionate about and want to complete, distractions such as social media, doubts and other tasks can make it nearly impossible to concentrate on it. Don’t fret. We’re here to help.
Check out these eight steps to help you prioritise and clear your mind.
1. Stop multitasking
Instead of trying to do a million things at once, take a step back and tackle one task at a time. And while your inclination might be to start your day with busy work — like checking emails — and then move on to the harder things, you should first try to get your brain moving by challenging yourself with a bigger, more creative endeavour.
2. Block out your days
A good way to hold yourself accountable when it comes to quieting the noise all around you is to specifically block out time in your day — maybe it’s 30 minutes or an hour — to spend on a given project. Colour code your calendar or set a timer to make sure you are accomplishing the goal at hand.
3. Get your blood pumping
You can’t focus if you’re stuck inside and staring at a screen all day long. Turn off your computer and phone, and go for a walk for 20 minutes. The fresh air and the movement will clear your head. Also make sure that you are drinking enough water and getting enough rest.
4. Help your technology help you
A platform like RescueTime, a software that runs while you work and shows you how you are spending your day, could help you understand why something is taking longer to complete than it should. Options like Cold Turkey, Freedom and Self Control block out the Internet entirely to keep you off your Twitter feed when you should be meeting deadlines.
Get a recommendation for a yoga or meditation class, or even make it an office outing so everyone can get some time to quiet their minds. Or look online for a plethora of apps and platforms whose stock and trade is mindfulness, like Meditation Made Simple, Calm and Headspace. For slightly more of a monetary investment, you could look into wearable tech like Thync, a device that produces electrical pulses to help your brain decrease stress.
6. Change up what’s in your headphones
While background noise might help block out a loud office or construction outside your window, you need to be careful that what you are listening to isn’t distracting you more. Music with lyrics can sap your focus from the task in front of you, so consider trying classical or electronic music instead. Or use a playlist that is familiar to you, so you aren’t tempted to turn all your attention to the new sound.
7. Streamline your communication
If you find that all of your focus gets trained on getting your inbox down to zero, think about how you can get yourself out from under a relentless deluge of email. Ask yourself and your colleagues to think about whether this conversation would be most effective through email, on the phone or in person. Taking five minutes to walk over to someone else’s workspace will save you the time and energy invested into a redundant email chain and clarify how you want to attack a problem more quickly.
8. Find an environment with the right kind of noise
To be most effective, you need to strike a delicate balance between too much noise and total silence. According to David Burkus, an associate professor of leadership and innovation at Oral Roberts University, “some level of office banter in the background might actually benefit our ability to do creative tasks, provided we don’t get drawn into the conversation,” Burkus wrote in the Harvard Business Review. “Instead of total silence, the ideal work environment for creative work has a little bit of background noise. That’s why you might focus really well in a noisy coffee shop, but barely be able to concentrate in a noisy office.”
Become a master of time
If you’re serious about achieving your goals, not only do you need to set those goals the right way, but you also have to get serious about avoiding distractions and becoming too immersed in the bad habits that you know you need to quit. Time-wasters need to fall by the wayside, and serious grit-and-bear-it hard work needs to take its place.
One of the most effective skills you can have in life is powerful and effective time management. If you’re not managing your time well, there’s no way you’re going to reach your goals at work and the life outside of it. Sure, you might make some progress. But your time management will be an uphill battle if you don’t take your time seriously. People who squander and waste the precious little time they do have, know all too well how difficult achieving even mildly difficult goals can be.
The truth is that time is the greatest equaliser in life. No matter who you are, your age, income, gender, race or religion, you have the same amount of time as the next person. Whether you’re filthy rich or dirt poor, your time is the same. It’s not about how much time you have. It’s about how effectively you manage your time.
The trick? Find a good time management system and work it. There are many. It’s entirely up to you which one to choose. But if you don’t want to become part of the 92% statistic of people who fail to achieve their long-term goals, then you need to pay attention to how you use the precious little time you do have in this world.
What are the best tips for managing your time?
- Set goals the right way. There’s a right and wrong way to set goals. If you don’t set your goals the right way, then you’ll lack the proper targets, which will force you to fall off track. But when you set them the right way, the sky is the limit.
- Find a good time management system. One of the tips for managing your time is to find the right system to actually do it. The quadrant time-management system is probably the most effective. It splits your activities into four quadrants based on urgency and importance. Things are either urgent or important, both, or neither. Neither (quadrant 4) are the activities that you want to stay away from, but it’s the not-urgent-but-important quadrant (2) that you want to focus on.
- Audit your time for seven days straight. Spend seven days straight assessing how you spend the time you do have right now. What are you doing? Record it in a journal or on your phone. Split this up into blocks of 30 minutes or an hour. What did you get done? Was it time wasted? Was it well spent? If you use the quadrant system, circle or log the quadrant that the activity was associated with. At the end of the seven days, tally up all the numbers. Where did you spend the most time? Which quadrants? The results might shock you.
- Spend your mornings on MITs. Mark Twain once said, “If it’s your job to eat a frog, it’s best to do it first thing in the morning. And If it’s your job to eat two frogs, it’s best to eat the biggest one first.” His point? Tackle your biggest tasks in the morning. These are your most important tasks (MITs) of the day. Accomplishing those will give you the biggest momentum to help you sail through the rest of the day.
- Instil keystone habits into your life. Charles Duhig poignantly coined the keystone habit in his book entitled, The Power of Habit. In architecture, the keystone is the stone that holds all other stones in place. Similarly, keystone habits help to not only solicit other good habits, but also help to eliminate bad habits. Focus on keystone habits and you’ll get much better at managing your overall time by making your habit development much easier.
- Schedule email response times. Turn off your email throughout the day. When your email is pouring in, it’s easy to get distracted. Schedule time to read and respond to emails. If there’s something urgent, someone will call or text you. But when you have your email open, those distractions interrupt your thought flow and it’s harder to get back on track.
- Eliminate bad habits. One of the biggest time-wasters we have are our bad habits. Whether it’s Netflix binge-watching, excessively surfing social media, playing games, going out frequently to drink with friends, or so on, those bad habits take away the precious little time that we do have. Use your time wisely by eliminating your bad habits if you’re serious about achieving big goals in life.
- Take frequent breaks when working. One study suggests that you should work for 52 minutes and break for 17. You might not have the luxury to do that. But you should take frequent breaks. If you’re an entrepreneur working for yourself, this is crucial. It’s easy to run on fumes and not even know it. Keep your mental, emotional and physical states at peak levels by breaking frequently.
- Make to-do lists in the evening for the next day. Every single evening before bed, make a list for the next day. Look at your goals and see what you can do to help move you closer. This doesn’t happen overnight. It takes time. But by making to-do lists, you’re effectively setting goals for the day. Daily goals are easier to achieve while helping to move us towards the longer and bigger goals. But that happens by creating to-do lists.
- Declutter and organise. Studies have determined that clutter in our environment causes us to lose focus. When we lose focus, we lose time. If you want to avoid that, declutter and organise. Don’t do it all at once. Start small. One drawer today. A shelf tomorrow. Maybe a closet the next day. Just one per day. You build momentum and eventually find yourself turning into an organising warrior.
Keep up your momentum
(AKA Learn to see the bigger picture to keep your eye on the prize)
We all have goals. How to achieve those goals is not as complex as you might think. Sometimes it’s just about taking a step back to see the bigger picture.
Here are three important lessons to learn about achieving your goals as you take on the day (each and every day).
1. Focus on what you need instead of what you want
You might think you want that big house and three cars, but do you really need it? This is such a simple way to set authentic priorities, yet so few people get it.
A simple ‘want’ is nothing but a fantasy. You need to be passionate to achieve what you want to achieve or it’s never going to happen. It must almost be tinged with desperation.
2. Learn the lessons from all of it, positive and negative
Life is never all good or all bad, so we have to learn from both. When you find yourself basking in all that is positive in your life, think about how you managed to succeed. How can you replicate that same success? On the other hand, you need to be able to grow on the negative. Think about why you failed and how you can avoid doing that again.
Set aside some time every week to reflect on your successes and failures. It’s the only way you’re going to grow to a point where you can achieve your goals. Don’t over-think every project afterwards but if you can take one lesson from each experience you know you’ve done it right.
3. Stay focused on the prize
It’s easy to lose focus when you’re taking on multiple ventures at the same time. To make sure you stay focused on the prize always have a plan for the short-term, medium-term and the long-term.
Question everything you’re doing. Ask yourself: “Is what I am doing right now contributing towards my short-term, medium-term, and long-term goals?” Making sure that you’re studying hard is key here.
If the answer is no then you know you need to rethink what you’re doing. Staying focused on the prize is what will prevent you from wasting your time on the tasks that don’t matter.
The main lesson is to think before and after
Think about what you’re about to do and whether it takes you closer to your goals. Think about what you have done and determine whether you could have done it better or whether things turned out the way you wanted them to.
It can be hard to stop when you’re in the middle of something, but this is the most important part of all. Once you manage to do this you’ll get more results for every action.
Your goal-setting (and achieving) checklist
Here’s the simple reality of achieving success. Unless you have goals, you have no way of knowing whether or not you’ve already reached the pinnacle of your life. But all this tends to be a bit easier to suss out if you have those goals in hand. Setting goals is easy — we all do it. Sticking to them is harder.
Here’s how you can stay on track.
Write goals that align with your values
There isn’t a huge difference between corporate goals and life goals. If your career goals aren’t supporting your life goals, you are bound to have a miserable existence.
Set goals that you can control
Too often, we set goals that depend on other people. Unless every aspect of the goal you set is under your control, you have very little likelihood of ever achieving it.
Set goals that you don’t think you can achieve and work your tail off to get there. Anyone can follow the advice of lesser men and set clearly achievable goals, but that’s for under-achievers and slackers. There is nothing wrong with setting your sights higher than most might believe practicable.
Give yourself time
If you begin with the end in mind, that is to say, if you start by visualising where you want to end up in life, the things you need to get there are pretty easy to plot out.
Plan for success
Don’t worry that your dreams aren’t realistic or that you might not achieve them. Don’t ask ‘What if I fail?’ Instead, ask, ‘What if I succeed?’ Worrying about failure is pointless and destructive; the surest way to be a failure is to spend time worrying about it. Your goals won’t just accomplish themselves; you will have to have a plan, and you’ll have to work that plan.
Manage your risks
You will never achieve goals you didn’t set, but then again there are precious few guarantees in this life. While most of the things you will do on your journey to success will carry some measure of risk, that’s okay. Just be sure that you consider that risk and weigh it against the reward.
This article was originally posted here on Entrepreneur.com.
You’ve Already Abandoned Your New Year’s Resolution. Here’s A Better Path To Reach Your Goals
Instead of self-flagellation and getting stuck in the quagmire of negative thoughts, dust off those good intentions and give yourself another shot at making your resolutions stick.
It’s only mid-January, but chances are pretty good that all those lofty resolutions you made before the clock struck midnight on Dec. 31 have fallen by the wayside. You’re not alone.
A small, but oft-cited, longitudinal study of New Year’s resolutions by John Norcross, a professor of psychology at the University of Scranton, revealed that nearly a quarter of people abandoned their goal after one week. That number swelled to 46 percent at a month and 64 percent after six months. Less than a fifth, 19 percent, were able to hang on for two years.
So instead of self-flagellation and getting stuck in the quagmire of negative thoughts, dust off those good intentions and give yourself another shot at making your resolutions stick.
Don’t make a backup plan (just yet)
You’ve likely heard that having a Plan B (or C or D) can be very helpful when dealing with unexpected contingencies. Being prepared for any bump in the road will make arriving at the destination unscathed and on time a sure thing, right?
Not so, according to new research from the Wisconsin School of Business at the University of Wisconsin-Madison. Jihae Shin, assistant professor of management and human resources at the school, together with Katherine L. Milkman of the Wharton School at the University of Pennsylvania, conducted a series of experiments that challenged the conventional wisdom that holds backup plans in high regard.
Instead, their experiments revealed that when participants spent time plotting out a contingency plan, they failed to meet their goals. Of course, it’s important to note that these goals didn’t have anything to do with luck or innate skill, they required participants to do simple tasks including unscramble sentences. The same could be said for standard issue resolutions to get fit or save more money. They don’t rely on luck, only stick-to-itiveness.
The researchers do say that backup plans do have their place. The caveat: “You might want to wait until you have done everything you can to achieve your primary goal first,” Shin said.
Related: The 7-Step Formula For Goal-Setting
Trick yourself into changing
Yet more counterintuitive research led by marketing professors from INSEAD, IE Business School, and Pamplin College of Business, finds that we humans actually want to change rather than keep the status quo.
Their study revealed that the brain is weighing how hard reaching the goal will be, and if it finds that it’s easy to reach, then it starts looking for reasons that getting there won’t happen. This ties into thousands of years of conditioning to be more sensitive to bad news versus good, a.k.a. the negativity bias.
The researchers also found that while participants scored a goal for potential challenges, they tended to score goals that took a modest effort as easier to reach than maintaining the status quo.
To trick your brain into achieving a goal, make sure what you want to achieve is manageable, or can be done through smaller, more consistent efforts. Instead of saying you want to be vice president of your division, for instance, make a plan to work on projects that will add to your professional standing and contribute to your organisation’s bottom line.
What to do if you hit an “action crisis”
“Setbacks present real challenges in pursuing our goals,” said Richard Vann, assistant professor of marketing at Penn State Behrend. “When goals are blocked by obstacles, we often feel bad about ourselves and sometimes stop pursuing these goals.”
When it comes to resolutions, there can be setbacks aplenty. However, there’s a technique you can employ to counteract the negative effects of roadblocks and challenges you may encounter on the path to keep your resolution.
It’s called “Mental Contrasting with Implementation Intention” and it comes to us courtesy of Gabriele Oettingen and Peter Gollwitzer, psychologists at NYU.
Basically, that’s a fancy way of saying that you need to think through what it would take to reach your goal and make yourself aware of the potential obstacles you’ll hit along the way. In this way, you’ll have a strategy in place to deal with potential setbacks in advance, rather than be blindsided and subsequently switch into evaluation mode (for example: Asking yourself, “Is this goal even worth it?”) which doesn’t help you get anywhere.
Just focus on one thing
We humans tend to get ambitious when thinking about the possibility of a fresh start. Unfortunately, the “new year, new me” is just too big to be achievable. We can’t realistically get fit, stop smoking and save money while simultaneously sign up for more significant projects at work, get a mentor (or three) and build out a professional network.
That’s because we tend to make tradeoffs between goals when we have more than one or two.
Researchers from the University of Toronto found that having a single goal greased the wheels of progress for people by putting them into implementation mode. That happens even if the goal is deceptively simple, like saving money. Some participants in one of the study’s experiments were told to save money for their children’s education. For others, that goal was expanded to include saving for healthcare and for retirement. Those with the single focus were more successful than individuals who were trying to meet three separate objectives.
The researchers noted that while these experiments focused on financial matters, they believe the evidence suggests that setting a goal in any area (health, professional development, etc.) should be easier to achieve than if you’re scattering your energy on trying to make multiple resolutions come to fruition.
So if you find yourself among those who’ve abandoned their best intentions to become a better version of themselves in 2019, take heart. These strategies should get you back on track in no time.
This article was originally posted here on Entrepreneur.com.
Unless You Track Your Progress, Setting Goals Is A Waste Of Effort
The single most common reason people don’t reach their goals is they forgot they set them in the first place.
I’ve always carried a notebook with me at work and on business trips. I usually jot down notes from meetings or random thoughts I have on how to improve our company. Recently, I found some of my old notebooks and I started flipping through the pages.
Despite the awful handwriting, their were actually some interesting ideas written down. I found some great goals and objectives for the past years, that I had never gotten around to implementing. I could have done most of these things and probably be more successful than I am now.
What went wrong?
Do you know what your team is doing?
Boardview writes that “two thirds of senior managers can’t name their firms’ top priorities” and “more than 80% of small business owners don’t keep track of business goals.”
So the problem is that while companies probably have some sort of goals (even if they are just “making money.”), the progress towards those goals is not measured. I have seen this behaviour at many companies I’ve worked with. Starry-eyed managers excitedly pitch a goal in an attempt to motivate their employees to get on board. This great initiative is then almost instantly forgotten, and three months later no one will even remember it at all. This is part of a wider problem of companies not prioritising goal setting.
The easiest way to make sure you have serious goals that you can follow is inform everyone in your company (starting with the senior management) of those goals. Then you’ll need a goal tracking system that makes sure you measure your progress regularly.
Related: The 7-Step Formula For Goal-Setting
Own your goals
Once you’ve written down a company or a team goal, two questions arise. Who is responsible for the goal (accountability), and how do you review the results (performance review)?
As for accountability, at my work we set impactful, quarterly objectives for each of our teams. We make sure each team goal is assigned to specific person who is responsible for achieving it.
These goals are not usually met 100 percent as they are designed not to. They are designed to force me and my employees to try new things, experiment and break old habits. It’s reaching for the moon and landing among the stars.
Step two: Tracking goals with meetings
You must track your progress towards said goal week by week. This is called continuous performance review. I review our team’s Key Results or KPIs every week. At our weekly status meeting, we start by discussing each Key Result and the progress towards our end goal.
Weekly status meetings are used in most companies. But you have to be careful with them as they can become pointless very easily if you haven’t set clear goals first.
If your company is not focused on goals, you are wasting time and money. You should never just chat about your work without knowing how that work aligns with your company’s goals and vision.
Having an impact every day
Christina Wodtke, author of “Radical Focus”, has said that success is not checking a box. It’s having an impact. Working towards your goals is something you need to do every day and every hour. Only then can you make an impact. Instead of weekly meetings, you can take in one step further with status reporting.
I like the Plans, Progress, Problems (PPP) approach. With it, you set 3 – 5 impactful plans for yourself every week that you focus on. What makes this great is that you can link each of those to one of your goals to make sure every big task you work on, actually moves you towards your goals. And the reports you get out of it, can be the basis of your weekly status meetings, making it easier to keep yourself and others focused.
A weekly review of your progress is vital for the long term success of goal setting. Many people can relate to a situation where you set goals and decide on a deadline that seems so far away. Then, a week before the time is up, you finally remember your goal and panic sets in. This is not the way to do it.
Great ideas should not be left to rot in a notebook. They should be written down, discussed with your team, improved and executed every day. Doing so will ensure that your best ideas are never forgotten and lost. Instead, they bring you satisfaction and success.
This article was originally posted here on Entrepreneur.com.
Finish The Year Strong To Carry Momentum Into 2019
Survey your accomplishments now, and reassess your goals, to conclude this year in kinetic alignment with where you want to go next.
At the end of every season I like to take some time to reassess my yearly outcomes. I also do this with all my coaching clients because it helps them see the progress they’ve made and how they can adjust their expectations.
This year, I decided to bring all my clients together for a two-day event to do their assessments in a group setting. This is going to be the main theme at this year’s Next Level Leadership Summit: “How to Finish Strong.”
I’ve been privileged to coach, consult and interview some of the most productive entrepreneurs I know, and I have learned as much from them as they have from me. The principles they have shared with me are timeless and easy to follow. I have used them time and time again to reset my goals to make sure I set myself up for a great closing to the year instead of being disappointed by what I didn’t accomplish.
Don’t let attachment to the outcome rob you of victory
Most entrepreneurs are very competitive. We have a vision and goals, and we want things to look a certain way. The truth is that things don’t happen the way we want them to most of the time. To keep the momentum, sometimes you have to adjust your vision.
Currently, I’m working with a real estate developer who is working on several projects. At the beginning of the year, he set a goal to close a deal that would net him $20 million. He found one and started working it. It looked like he was on his way to achieving his goal, but he later received news from his architect that he had miscalculated some numbers and that they would be making $5 million less than originally projected. Upset, he called me to tell me the news.
All I heard in his voice was how disappointed he was that he was not going to hit his goal. I reminded him of where he was three years ago when he joined my programme. He was burned out, had lost his purpose and didn’t have any deals to count on. And now, this is one of the many deals he has in the pipeline. Maybe he won’t get what he was aiming for, but this is still a victory.
This is what we do all the time. We beat ourselves up because we are attached to the way things should be. A high-performing entrepreneur looks at their life as a game. To finish the year strong, he must appreciate how far he has come and reset his outcomes according to his current situation.
Related: The 7-Step Formula For Goal-Setting
Focus on progress, not perfection
At the first of the year, you create a list of things you want to accomplish. You then wait and wait for the perfect timing. After nine months go by, you look at the list and you feel disappointed you didn’t get everything done.
I know a guy who is developing a productivity app. He has interviewed developers, created the overall design and is constantly asking for feedback from people on how the app should look. He has been working on this for years but he is always waiting for the perfect time to execute.
One of my other clients has just launched his first app, and he is getting rave reviews. What’s the difference between these two men? One is waiting on the perfect time and is paralysed by the illusion of perfection while the other one was focused on creating progress.
Each week I asked my client how his app was going, and he shared his progress. Was it perfect? No. Did he experience challenges to make it work? Yes. But he knew the first steps – finding the money, reviewing the design and creating the user experience – were going to be the hardest. Now he is working on improving it based on all the feedback he has gotten from users.
High performers know perfection is the lowest standard. To finish the year strong, take inventory of all the progress you’ve made and focus on making things better.
You are the product of your environment
We’ve been taught that mindset and positive thinking are the keys to success. But that’s only part of the equation. For the last decade, I’ve focused on being in an environment that supports my growth. It doesn’t matter how strong your mindset is. It doesn’t matter how positive you are. If you are around negative people or in a negative environment, you will lose.
I’ve helped one of my clients get clear on how he wanted to take his business to the next level. We created a plan and a timeline with clear outcomes. Then I asked him, What is one thing that can mess this plan up? He said if he continued to hang out with his drinking buddies and give in to his old habits, it could distract him from his plan. So I told him to change his environment for the next 100 days to see if that would make a difference.
Now, at day 110, everything – his business, life and relationship – are on fire. I not only asked him to change his environment, I also replaced it with a group of high-level performers who hold him accountable to his commitments. That group is on fire, and they are going to be recognised for their amazing shift at my Next Level Leadership event.
High performers evaluate their environment and make changes to align it with their vision. They eliminate any possible scenario that can prevent them from getting what they want.
Focus on the other R.O.I. – return on impact
As entrepreneurs, we must watch the bottom line at all times. Every move we make has to bring us a return on our investment. Lately, I’ve seen a big shift in the market. The “cut through to the bottom line” mindset can only take you so far. I’ve been able to grow my business faster by focusing on the impact rather than the income. Don’t get me wrong. I charge for my services, and I’m not running a non-profit, but income is not my main focus.
I recently helped a client create a framework in his business that gave him a sense of purpose. He was ready to sell all his assets and move to an island with his wife and kids because his idea of success was being met by his expectations in his business. I helped him see that he simply needed to focus less on the transactions and more on the transcendence his business could provide. He owns multiple businesses, so it took him some time to figure out how he could help his clients have a better experience rather than treating them as singular transactions.
When he came back to me, he had a list of things where he had made an impact. All of a sudden, his passion for running a business had returned. He had a new sense of purpose seeing how much impact he could make in he lives of others.
A high-performing entrepreneur measures his success on the amount of impact he has on people’s lives.
Reset, recharge and recommit
We all want to have more time. We are running 100 mph, and we don’t want to slow down. That’s the life of any entrepreneur who wants to succeed in this competitive market. But, if a car is running that fast every day, it will eventually crash. And that’s what happens to us. We crash and sometimes burn things down.
To avoid this, I meet with my clients several times throughout the year to reset our goals, recharge our batteries and recommit to the process. Nothing is better than iron sharpening iron. It doesn’t have to be a long period of time. We actually discover that all we need is one day per quarter, and we can compound time. When you’re busy, quality is better than quantity.
Each quarter, people travel from all over the country to our meetings so they can share their progress and see how they can help one another. The key here is to Reset your goals, recharge your mindset and recommit to your outcomes.
High performers know that proximity is power. They also know you need to recharge your batteries in order to get back into the game – especially if you want to finish strong.
This article was originally posted here on Entrepreneur.com.