Ed Rieker, serial entrepreneur and early stage investor, shared these insights with the Summer 2017 Cohort of the Sandbox Academy on how to set and achieve goals.
3. Tonights Rules
• We are all friends
• We are all working
towards a common
goal
• We are all willing to
take a risk
• We are all willing to
help each other
• We have permission
to make mistakes and
try new things
5. Whats the
big deal
the object of a person's ambition or
effort; an aim or desired result : going to
law school has become the most important goal in
his life.
• the destination of a journey : the aircraft
bumped toward our goal some 400 miles to the
west.
• poetic/literary a point marking the end
of a race.
Why Goals
13. Ask with faith
• Ask like a child
• Ask with excitement
• Won’t take no for an
answer
14. What to include
• Economic goals
• Income, profits, savings, net worth
• Material Goals
• Home, car, the stuff
• Personal development goals
• Fitness, family, spiritual, making
you better
15. Goals
• Jim Rohn - Method (modified)
• What do I want in the next 1 to 10 years
• 50 items - quick, no detail, write fast
• What do I want to:
• be
• see
• do
• have
• share All goals on one page
16. Sort the list
• Label each goal by
• 1 year
• 3 year
• 5 year
• 10 year
Label all goals listed on
one page by timeframe
17. Sorting the list
• Pick the 4 most important goals from
• 1 year, 3, year, 5 year and 10 year
• Describe in detail each goal
• Be specific, be descriptive
• Explain why for each goal
• Every great goal has a reason -
purpose New pages - 1 goal per page -
top third of page
18. Goal action items
• List at least three resources you need
for each goal
• Money, person, skills - be specific
• List at least three actions that you
could do today for each goal
• Contact a resource, learn a skill
Add to 1 goal per page
19. Goals and actions
• 3 Goals per timeframe
• Truly believe in the goal
• The goal inspires you
• You are committed to the goal
• You have at least 3 action items
20. Into action
• Actions speak louder
than...
• Action dissipates
worry
• Small steps solve
large problems
• Action creates space
for opportunities
Review action items on goal list
21. Small choices every day
• Everyday brings
opportunity
• Small daily progress
builds self-esteem
• Small daily progress
build long-term
results
• Small successes reap
big rewards, over
time
22. Remember, people will judge you by your actions, not your
intentions. You may have a heart of gold - but so does a hard-boiled
egg.
~Author Unknown
23. Measure to Manage
• Review goals/actions
every day, week,
month and year
• Measure real
progress for each goal
• Celebrate wins and
completed goals
24. Don’t be afraid to change
• Revise goals on a
periodic basis
• Make mistakes to
make progress
• Be persistent in
making goals part of
your daily work
25. Start with the end in
mind
• Work backwards
• Annual goal
• Monthly, weekly,
daily, hourly
• Measure and adjust
often
26. And now the little stuff
• What constant efforts
are needed to support
your new goals
• What constant
maintenance requires
time and effort
• Make a list to support
each new goal
• Make a list to support
your lifestyle needs Break down efforts required for
each yearly goal by specific time
units