2. Goals
Goals are objectives that a person or group desires to
accomplish
The Benefits of Goals:
Clarity of target
Programing mind
Allows for monitoring of progress
Increases your chances of success
3. Condensed Goal Setting Exercise
Step 1: Take a clean sheet of paper and a pen and write out 10 goals that
you want to accomplish in this next 12 months that contributes to wealth
creation Ex) I earn $50K by the end of December 31st 2020
**GOALS MUST BE REALISITC & WITHIN REASONABLE DEADLINES**
Step 2: Circle only one goal that would make you the happiest in the next
12 months if you accomplish it
Step 3: Acquire specialized knowledge to empower you to accomplish your
12 month goal
Step 4: Make a detailed plan on paper to accomplish goal in steps starting
with the first step all the way until the last step and include deadlines with
each step to complete it
4. Goal Setting Continued…..
Goals must be written in the personal, positive and present
form with a deadline
I earn $50K by the end of December 31st 2020
Personal “I”
Positive “50K by end of….”
Present “Earn”
Deadline “December 31st 2020”
Goals can be written in any variation but needs to have the
personal, positive and present in it
5. Goal Setting Example
Step 1: 10 Goals wrote out on paper
1- I earn 10% more in my salary and will invest the excess
cash into index funds by December 31st 2020
2- I start my business and found my first client by December
31st 2020
List goes on all the way until the 10th goal is made…..
6. Goal Setting Continued…..
Step 2: The goal that is picked, which would represent the circled goal on
paper, is number 2 “I start my business and found my first client by
December 31st 2020”
Step 3: To find specialized knowledge to start business and find first client
you must do any of the following or such thing:
Read best selling books on business focused in the starting phases, read
free content from experts who discuss practical ways to start businesses,
join free online communities of business owners for support, research what
business structures best fits the company your starting
Spend anywhere from 1 hour or more a day studying or 40+ hours a month
for 3 to 6 months
7. Goal Setting Continued
Step 4: Action Plan
1) Register Business
2) Set up bank account(s) for business transactions
3) Make business plan
4) Start marketing aggressively
5) Get first client
8. Your turn
Now it is your turn to make your goals
Take out paper and a pen and go through these goal setting
steps
Execute your action plans