2016 Goals Post

New goals for 2016? Nope.

2016 Goals Post

As the new year begins to get underway, I thought it might be fitting to write the ‘customary New Year’s post’. While in one sense, I don’t like jumping on the bandwagon by writing about goals & resolutions, in another sense, it’s nice to harness some of the collective energy out there to start building (or maintaining) your momentum.

This is also the time that you typically see a swarm of Income Reports or Goals & Motivation for the New Year posted on blogs of all types, and I didn’t want to disappoint. But since this blog has only just begun, I don’t have much to report on those fronts.

Instead, I want to focus on the mechanics of how I set and achieve my goals. First, let me clear the air..

I Don’t Believe in New Year’s Resolutions

As I hinted at in the title, I strongly dislike the concept that we should begin moving toward new objectives on January 1st. It should be an ongoing process.

In the same way you usually don’t feel older/wiser on your birthday, but that new insights and instances of personal growth are felt at random intervals based on your experiences & revelations within certain situations.

Why I still make “New Year’s Resolutions” notepad and coffee

Not to contradict everything I’ve just stated, but I do make some plans & set new goals around the new year. It’s one of those rare times that you can tell those around you about your goals, and have them be encouraging & supportive.

Also, since I regularly set goals and evaluate my progress, I’ll use just about any excuse to pause and re-evaluate my situation.

What’s WAY better than resolutions?

In my opinion, resolutions are typically made in the “wink, wink, nudge, nudge” fashion. In reality, the majority of them aren’t kept through the month of January, let alone the entire year.

To make things worse, I often hear people mention new goals in October & November, but say that they’ll wait until January to get started on them.

So What’s My System? set and reach goals

I’m currently using a system that is ongoing, and doesn’t rely on a single date on the calendar to start & stop. It is a combination of a long-term plan (updated annually), coupled with shorter sprints, which are then broken down even further into daily actions.

Long-Term (5-years)

This might seem a bit complicated, but it’s really quite simple once you get into it. It starts with a 1,3, & 5 year plan. This covers different areas of your life – Income, Lifestyle, Accomplishments, etc.

Something important to remember:

[tweetthis hidden_hashtags=”#goals” remove_twitter_handles=”true”]People often overestimate what they can accomplish in 1 year & underestimate what they can achieve in 5 years.[/tweetthis]

It isn’t too in depth. Just a sentence or two for each area of life, and 1-2 specific accomplishments I’d like to see in those areas.

Short-Term (90-days)

So once you have this big bird’s eye view of your ideal 1/3/5 year vision, you can break it down into smaller, actionable tasks. This is the part where we break it down into 90 day sprints.

This is a technique I learned from Jack Canfield’s Success Principles (Principle #8: Chunk It Down).

Now it’s time for a 90-day sheet where I list the smaller objectives & benchmarks that will help me accomplish the long term goals. These are broken down into: Active & Passive Income, Personal Development, Leisure, and Life Events/Milestones.

Again, this is just a brief outline. 2-3 objectives in each area is sufficient.

Weeklycomputer and journal

So now that our lofty 5-year goals have been broken down into what we intend to accomplish in the next 90 days, we can begin to break those down into weekly objectives.

I’ve found that having 3 important objectives of the week is more than enough to accomplish most/all of your goals. All it takes is 15 minutes before each week starts.

Once this has been done, you can get to work on your daily action plans.

Daily

Now it’s time to break them down even further. Each evening before I go to sleep, I choose the 3 tasks for the next day that will best move me forward. These tasks move me towards my weekly objectives, which in turn move me towards the 90 day and beyond time frames.

[tweetthis remove_url=”true”]A successful life is created 1 day at a time. Make each day a success, and you can’t help but create a successful life.[/tweetthis]

I realize that this system may seem a bit complex and time consuming, but it’s rather easy to implement. Here’s about how long I spend at each step:

  • 1/3/5 Year Planning – about an hour
  • 90-day sprints – another hour
  • Weekly – 15 minutes to plan it out, and another 15 minutes midweek to check on my progress
  • Daily – usually only 5 minutes

If that seems like a bit much, consider this: If you won’t take a few hours to plan for success, you won’t put it the time & focus needed to be successful. Period.

What Now?The 65 25 10 Formula

With all of this planning & goal setting, I’m sure you’re wondering how I these plans into action. I use something called The 65-25-10 Formula. In two weeks, I’ll be dedicating an entire post to that topic.

Until then, set some goals, and I’ll see you in the next post.

Peace,

Patrick

The Slight Edge Book Review

The Slight Edge – Book Review

The Slight Edge Book Review

Ongoing Book Review Series

This post is another edition of my Book Review Series (every 2nd Friday of the month) in which I share a book that has had a big impact in my life.

For this month’s book review, I’ve chosen to highlight a book that I read back in 2007, while it was still being spread by word of mouth. It hit the mainstream around 2011, and has grown in popularity ever since, with a new updated edition coming out last year.

The Slight Edge: Turning Simple Disciplines Into Massive Success by Jeff OlsonSlight Edge Book Review

This book helped me to really double down on my efforts at personal growth. It is also one of the few books that I’ve revisited and read more than 1 time.

The Basic Premise

The simple idea that Jeff puts forth here is that small actions, habits, and disciplines will compound over time, and lead to big results, either positive or negative.

This principle applies to all areas of your life including: Business, Personal Development, Relationships, Religion/Spirituality, Health/Fitness, and so on..

The Opposite of a”Get Rich Quick” mentality

While many ‘get rich quick’ strategies actually work, the mindset of expecting instant results usually won’t help you in the long run.

This mentality will likely hurt you in many areas too, since you’ll be expecting to undo the negative results quickly; results that have likely been compounding from small negative choices made over the course of many years..

[tweetthis hidden_hashtags=”#productivity #hustle”]Small daily improvements are the key to staggering long term results.[/tweetthis]

The Impact

It’s hard to overstate the impact this book has had on my life. Let me share just a few examples of how I’ve implemented The Slight Edge in my life:

Health & Fitness

While I’ve never been overweight or ‘sickly’, I hadn’t made health or fitness priorities in my life. Around the time I first read this book, I began making small positive changes to both of these areas.

Over the course of nearly 3 years, these small changes eventually lead to my being in the best shape of my life (and I’m still improving). I both workout my entire body every day, and also make time to thoroughly stretch every muscle group.

I also slowly made the transition from an unhealthy diet (including lots of processed foods, meat & dairy, too many grains, and low quality produce) to a clean plant based diet filled with whole foods and (mostly) organic produce.

Personal Development

stack of booksAnother area this has positively impacted me is in my approach to personal development.

In the past, I had been a ‘binge learner’, often reading between 7-12 books simultaneously, while also listening to several audio courses each month, and then having periods of 2-3 months where I did little to learn & grow.

I realized that in the same way you can’t sleep once to recharge yourself for an entire month, or eat a massive meal to fuel you for the week, my studies needed to be a little smaller and a lot more consistent.

Now, I read for 30-60 minutes every day (fiction, current events, and the like don’t count), and try to limit myself to reding 3-5 books simultaneously.

I also carefully select my reading list in advance, and no longer hesitate to stop reading something that either doesn’t resonate with me, or that I’m not enjoying.

Business

Before applying The Slight Edge to my business, I would jump between having too many projects ongoing to pouring my entire focus into just one project.

I changed my outlook quite a bit here. I knew that over time, the results from any one project would probably be pretty insignificant, and that spreading my focus too thin over a plethora of projects would greatly reduce my forward momentum.

I shifted to a system where I plan out my year in 90 day blocks. I still focus on multiple projects, but allocate my time to reflect which projects are of a higher priority. (I’ll dedicate an entire upcoming post detailing this formula, which I’ve come to call The 65-25-10 Formula.)

The Slight Edge Explained

The Verdict

Those examples are just a few of the many changes I’ve made in my life since reading The Slight Edge, and the results over these last 8 years (and counting) have been astounding!

Obviously I wouldn’t waste your time telling you about a book that isn’t worth reading, but again, it’s hard to overstate the positive impact this simple philosophy can have on your life.

It’s definitely worth checking out. (View The Slight Edge on Amazon)

Until Next Week

Next Friday, I’ll finish up my short series on Digital Sharecropping. Until then..

Take Care,

Patrick

Personal Update Post

Personal Update – Relocation

Personal Update Post

Personal Progressset and reach goals

Every time a month with 5 Fridays comes along, I like to dedicate that 5th Friday to a sort of ‘Personal Progress Update’, which includes both personal & business updates and goals..

Often, the simple act of measuring something can improve your results all by itself. Add to this any actions & course corrections, and you can achieve extraordinary results.

Hence the tagline: Plan, Do, Check, and Adjust.

Personal Updates

Most of my personal updates this time around relate to my upcoming trip to South America. Passports, check. Plane tickets, check. 1st month of accommodations booked, check.

Takeoff Quote ImageThe major work here lies in selling everything* we own. Mostly via Craigslist, but a bit on eBay as well.

*Excluding 4 suitcases of goods, and a few totes stored with family.

This is the 3rd time I’ve sold at least 50% of my possessions in the past 6 years! So although it involves creating 100+ listings on Craigslist, it really only takes a little bit of mental energy, since the process itself is pretty quick & easy.

I’ll also need to cram in some language learning, since English won’t be very common. Between the Pimsleur audio lessons and the DuoLingo app, I should be OK.

Those are the main highlights, now on to the business updates.

Business Updates

The business updates fall into 3 main categories: active income, passive income, and brand building.

[tweetthis hidden_hashtags=”#passiveincome”]Active income pays the bills today, but remember to add passive income streams.[/tweetthis]

Active Income

For the active income, I’ll be experimenting with another micro job platform and increasing my output on Fiverr. I’m basically looking to spend the least amount of time possible on active income while still covering the bills and adding to my reserves.

Passive Income

Passive income is probably my biggest focus at this time. I’m finishing up my 2nd book, about to start my 3rd, and would like to get back to my 1st book and put out a 2nd edition with some needed updates.

Beyond books, I also have a couple of video courses lined up for the beginning of next year.

Brand Building

repurpose your contentMy main objective with brand building is to take care of two things at once: begin building an audience and content creation that can later be re-purposed into books and/or video courses.

So far I’ve been able to stay consistent with my blogging schedule of one post each week, and I’d like to throw in a guest post or two each month.

Beyond that, I need to finish up my resources page and write an autoresponder sequence for new subscribers.

Goals

Besides progress with my 3 income categories, my top goal is to have a successful relocation; all our possessions sold and a safe arrival in South America, and enough Spanish learned to get by (for now).

Until Next TimeIm Off Quote Plane

There is quite a bit I need to work on until the next update (which will be the 5th Friday in January), so I have about 90 days to make a big dent in this list.

I’ll also be taking the month of November off, and will resume my normal weekly posting schedule the first Friday of December.

So until next time..

Patrick

[ Update ] How did things go when I arrived? Find out here.