Goals

And then it hit me...

My key to happiness is taking action towards significant goals. Even small steps in the direction of my ultimate goals, give my life has purpose. A life with purpose has more meaning. Thus, goals give life meaning and give purpose to the actions I take. As long as we have a meaningful goal, there are no unjustified actions.

Writing, mediation, and yoga allow me to step back and reflect on what's important, where I am making an impact, on how my life is unfolding. Often times I don't like what I see.

My focus seems to be more on what I don't want rather than what I do. I have a tendency to dream big dreams. Impossible dreams? Perhaps the passage of time has made me a bit more resentful towards myself in old age.

I haven't achieved as much, but I haven't wanted as much either.

Isn't achievement subjective anyway?

I am grateful to live at a slower pace that allows me to recognize the little things, appreciate life, and have gratitude for the entire process.

Planning is part of the process. The process of moving towards resolution of the incomplete is what relieves tension and brings me peace.

Planning the steps (writing them down) is the first step, but taking action is ultimately what provides relief, not the planning itself. But without a plan, our actions are often less intentional.

Setting goals is easy. It's the work that stops most of us.

3 simple steps to achieving a goal:

1. Determine the desired outcome.

Be careful what you sign up for. Your self-worth will be heavily impacted by the goals you set for yourself. When you publicly declare your goals, you won't have to beat yourself up - others will do that for you. Actually, the upside of creating a page on Pubwriter for each goal is that you tap into the collective wisdom (and encouragement) of the crowd.

The most exciting goals are the ones bigger than yourself. When the significance of achieving the goal extends beyond yourself, you'll find more people willing to support you. It's all about picking goals that serve a purpose greater than yourself.

2. Plan the work that needs to be done.

Here's the value in doing a daily clearing. 5 Ss of Clearing: 1. slow down 2. simplify 3. sense 4. surrender 5. self-care

The most important distinction I've heard recently (from more than one goal setting guru) is the need to let go something before adding something new to your agenda.

3. Do the work (or delegate it).

Delegation is the same as doing the work, when others become an extension of yourself. They become part of the program to completing the task. In fact, the more you delegate, the more you can do.

4. Revisit the goal and assess where you are in the process.

Often I lose sight of the goal once I leave the plan.

My desire create tension! A hum begins my subconscious.

Utilization

How's your programs' utilization? Can it be improved?

You must first activate a resource before you can utilize it. Once a resource is activated, monitor it's effectiveness.

What's an ideal utilization? 20%? 80%? If you want to earn $100k/year, but only work 40 hours/week and have 1 month of vacation, how much do you need to earn on an hourly basis?

If you work 40 hours week, 48 weeks/year, you work 1,920 hours/year. An hourly rate of $53/hour would net you just slightly over $100k for 1,920 hours.

The value of someone who earns $1 mil/year is approximately $530/hour.

Now, factor in reality.

Since we are not machines, we are never fully utilized.

But more than anything else, our failure to earn more is a direct correlation to our ability to focus on the work that will generate the income we desire. There's never a one-to-one ratio. A common thread I see with my most successful clients is with a strong work ethic. The work allows them to level up.

You can't go from earning $25/hour to earning $500/hour over night. There are many levels to complete between here and there.

If you earn $25/hour, how can you invest that $25 to generate a return? If you spend it, you earn a negative return. If you save it, you gain a 0% return. If you invest it well, you can earn a return. Invest the profits back into the investment and reap the reward of compound interest.

Earn more so you can experience more.

I have long held a resentment of people driven by money. I don't trust them. I don't care for their efforts to exploit something for personal gain.

However, for a wealth program to run successfully, this is a bug in the program.

Perhaps it's more about HOW the income it's generated. I want to deliver a good value.

Example

1920 hours/year is the condition I am setting. It's the number of hours I am willing to put into the task of earning a $100k.

On a daily basis, how much time do I actually spend on income generating work? How much time is allocated for Yoga, meals, errands, reading, walking, and socializing?

It's less than 8 hours day.

The reality is more like 4-5 hours/day. Under these conditions, I need to earn closer to $100/hour. If I can't earn $100/hour, then I need to invest my time into projects that will yield $100/hour in the future. I need to plant seeds of wealth.

The employee mindset is one of trading time for money. Are you paid for the time you put in or the results you deliver?

Someone earning a million dollars/year doesn't earn $500/hour. They generate $2,739/day from the programs they run.

If I want to turn my knowledge into income, I need a trigger for income.

I want allocate to teach Ukulele

2,500 x $25

My income goal is to generate $25 annually from 2500 people.

I know that I need to continually produce valuable content to attract new subscribers and keep existing subscribers on board.

Seek a return that exceeds your investment. Is the unimportant taking priority over the important because it's easy to do?

Identify Bottlenecks

Bottlenecks are defined as any resource whose capacity is equal to or less than the demand placed upon it. Some bottlenecks are simply a reality and must be evaluated to determine if they help or hinder overall system throughput.

We are only as fast as our slowest bottleneck.

Related: Cornerstone Habits

Fear of the unknown

Improvement follows change. Change is uncertain and we often fear the unknown. Fear is manifested by inaction.

"We venture from what is safe and known into what is unknown, a move that most people are afraid to make."

It hardwired into the human program to seek out control, predictability and certainty. Consider that your desire to avoid the uncertainty has been a bottleneck and prevented you from leveling up.

Define the metrics that matter

The 80/20 rule returns. A small number of constraints (likley 20%) is limiting overall performance. What constraints, if eliminated would allow you to break through to the next level?

Don't focus all of your energy on the improvements themselves but rather on the process of improvement.

What's the goal?

We can optimize ourselves to run the programs needed when we know the conditions to meet.

Unproductive activity is what fills the time we give a task when we give the task more time than it needs.

<I love the quote from Brad Sugars... it's in my book - find it!>

Ask your program:

Further reading