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8 Steps to Achieve Your Three Big Goals for 2017

8 Steps to Achieve Your Three Big Goals for 2017

We’re coming to the end of the year, and most would take this time to review and plan their year ahead with new year resolutions.

Do you set goals? Do you reset your new year resolutions year after year without really progressing or achieving them? Do your new goals get forgotten along the way? According to a University of Scranton study in 2014, only 8% of those who set out to achieve their New Year’s goals actually achieve them.

Let’s not just talk about new year resolutions but also the goals that we set. Why are we not achieving the goals we set? Don’t we want these goals? From both research and personal experiences, I can boldly highlight three reasons

1. We set too many goals all at once

When we set too many goals; e.g to travel more, to set up a business, to lose 10kg, to run a marathon, to be a great partner, parent or child, to get a promotion all at once, we are setting too many focus (and distractions) for ourselves and in turn, setting ourselves up for failure.

When that happens, we either tread water (no progress), take longer to reach where we want to go or we drop some of those goals that we could have achieved if we had spent more time and focus on that goal.

That’s not to say we shouldn’t have many goals. Over our lifetime, we’re bound to have goals and change goals at different stages of our lives. And the list may even grow longer over time, but what we need to focus now, is to pick one to three goals that really matter to us, that we really want to achieve and focus on right now.

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2. We don’t really want the goals we set

Have you ever set goals that you think it’d be nice to have? I have.

For many years, I had ‘practice meditation’ on my list, but I barely did it. In fact, over the last five years on my goals list, I have sat down and practised for less than five times. Each time I tried to meditate at home, I either fell asleep or hated the feeling. It just didn’t work for me. Meanwhile, I relish Yoga sessions so much that I would travel to get to the Yoga centre for that one hour of practice. Doing meditation is a means to practice consciousness and mindfulness which I can practice through other means.

As I looked back at my goals, I realised I didn’t really want some of the goals that I set for myself. We may have spent a lot of time and energy on these goals, but when we realise that we don’t really want them, these goals easily become a struggle. For instance, do you know why you want to chase that career goal, to climb up the corporate ladder, to travel more or to set up profitable businesses?

3. We set goals that are too vague or too difficult to achieve within a very short time frame

If you set mediocre goals, you will get mediocre results. If you set vague goals, you will get vague results. Be clear on what you want to achieve, with specific actions, non-negotiable schedule and set a due date that you cannot postpone.

Also, when we set goals, we want to cover as much action steps and timeline as we can and follow through. It’s great if what we complete goes accordingly to what we have planned. However, when we set goals that are too rigid, e.g to lose x kg every month without fail or to plot a progress so linear that it does not allow us to relax, take breaks or even change, sooner or later it will be a stressful burden to us.

8 Steps to Set Smart Goals and Achieve Them

With the ever-increasing uncertainties today, we all crave for certainties to some extent. Whether you set a goal to be healthy so that you won’t have to deal with hefty medical costs in future, or to set up a business so that you can live with more freedom and independence, setting and achieving our goals not only build us as individuals as we progress and grow but we also gain confidence and empowerment when we achieve our goals. When we achieve what we set out to be, we are more motivated to do more and be more, because we know we can.

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1. Write Your Goals Down

It seems simple and basic, but there are many who either sets no goals or those who set goals in their head. Over time, as we get busy and distracted, we tend to forget these goals that we set earlier on.

2. Pick 1 – 3 Goals that Really Matter to you

Pick goals that you really want to achieve, not what feels or looks nice to have, not what you should be achieving.

3. Know WHY you Want to Achieve these Goals

It should not be for anyone else but yourself. Why do you want to lose weight? Why do you want that promotion? What is your motivation in wanting to start that business?

4. Break these Few Important Goals down into Smaller Actions with a Specific Timeline

Have an action list for each goal with a set due date. And, break these actions further into really small baby steps. In fact, some coaches suggest that you break your goals into steps so simple that you can do it immediately.

5. Post your Goals and Actions Steps somewhere Visible

Making your goals, the whys and the actions steps visible not only reminds you of what you want to achieve, it also allows you to review and track your progress.

6. Act on Them

No actions = no progress. All the planning and brainstorming may feel like a productive and fulfilling exercise, but you won’t reach your goal with just planning. You have to take action.

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7. Track Your Progress

Make an appointment with yourself on a regular basis to review your progress. If you find weekly reviews too time-consuming, you can always do it monthly or quarterly.

Be conscious of how you set your due date. When we set goals for ourselves, we tend to be ambitious and want to achieve the most in the least amount of time. When we don’t see results, it is easy to give up. Set actions steps that are realistic, that you can do, pace yourself and do within your limits.

If you find yourself unable to progress because you lack some skills or experiences, go out there and get these knowledge, skills and experiences.

8. Get Feedback on Your Progress

Sometimes we may feel stuck even when we have taken a lot of actions. It helps to have support groups or people you trust who can provide you honest feedback, give you comments and motivate you to do better.

Be careful of who you share your motivation and feedback with, though. Stay way from naysayers or negative people who are always difficult. No amount of persuasion or justification will prove you right even if you are right.

Conclusion

The above steps are really what many would tell you to do on SMART goal setting. i,e, set Specific, Measurable, Actionable, Realistic and Time-based. But this also incorporates the SMARTER Goal Setting method to include Evaluation and Review as well.

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While we may be anxious to achieve our goals, we have to learn to be patient and be willing to try. Also be willing to fail. When you fail, don’t be quick to give up and say you are not cut out for it or you won’t be successful.

The most successful people don’t only depend on skills or talents or experiences, they also persevere a lot. That’s what separates people who achieve their goals and people who don’t.

Meanwhile, enjoy the journey and don’t forget to celebrate your milestones.

Featured photo credit: Pablo via pablo.buffer.com

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Last Updated on May 15, 2019

10 Most Successful Entrepreneurs and What We Can Learn from Them

10 Most Successful Entrepreneurs and What We Can Learn from Them

Apart from making crucial decisions for their own businesses, entrepreneurs innovate and grow their ideas. Albeit there being no cookie-cutter answer that fits everyone’s experiences, taking a look at some of the most successful entrepreneurs today, you might spot some similar traits and characteristics.

Starting and nurturing a business entails a great amount of hard work and commitment. However, for aspiring entrepreneurs who are prepared to dedicate themselves to their vision, here are 10 most successful entrepreneurs you can learn from:

1. Melanie Perkins: Know Your Worth and Keep Trying

    Melanie Perkins founded Canva, a Sydney-based business valued at $1Billion having successfully raised a number of rounds of successful funding and boasting more than 10 Million users in 179 countries.[1]

    She told BBC that one of the biggest challenges she faced getting into the business was talking about her company’s accomplishments when she first got to Silicon Valley. She attributed this difficulty to a cultural difference where Australians tend to ‘talk down’ their achievements and this would slow down her fundraising progress for a few years.

    Despite hundreds of rejections, Melanie emerged three years later with a much clearer strategy and stronger investor pitch that prompted a series of fundraising rounds netting the company $82Million of funding in total.[2]

    2. Bill Gates: Keep Learning and Exploring

      If you don’t know Bill Gates, you likely know the company he founded – Microsoft.

      Bill Gates’ story is a prime example of nurturing an idea that might seem out of this world but make sense in the future. One of the most successful entrepreneurs in history did not complete his degree at Harvard University to pursue a vision that the technology would soon become the future.

      He told a white lie to Altair, saying that he had made a computer program for them, therefore pushing himself to create a system that would change modern history.

      “The most important speed issue is convincing everyone that the company’s survival depends on moving as fast as possible.”

      Gates’ success is built on self-improvement and the seeds of an idea.

      3. Elon Musk: Never Stop Innovating

        Traditional thinking suggests that in order to become a successful entrepreneur, one must focus in a single field or industry.

        Elon Musk, however, breaks that rule.

        Today, the multifaceted tech entrepreneur, investor, and engineer advocates for the diversification of skills and businesses by delving into various fields of interest.

        When done right, skills in a single domain can be carried over then applied into contrasting industries to create something new the world might need. Musk owes his accomplishments to a constant thirst for knowledge.

        Having birthed Tesla and a myriad of products across the arenas of aeronautics and software design, Musk continues to evolve as an entrepreneur and plans to innovate for the long haul.

        4. Richard Branson: Develop People First

          British entrepreneur Richard Branson founded Virgin Records in the early 1970s. Virgin Records has since grown into the Virgin Group, today responsible for over 400 companies.

          The billionaire is strongly particular about working with a team that shares his core values and aspirations.

          Branson believes that managing a business can become taxing, thus he acknowledges his employees for putting in the effort that they have.

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          A good leader knows how to raise morale for positive productivity. Utilising emotional intelligence and compassion is a game changer in seeing results within a team.

          Branson’s supports the idea of nurturing a positive work environment, with the belief that credentials must go hand-in-hand with an enthusiasm for work.

          5. Jeff Bezos: A Relentless Focus on Customer Satisfaction

            Having founded Amazon, Jeff Bezos is known to be one of America’s most successful entrepreneurs. The e-commerce pioneer fixates himself on angry customers with the belief that a business’s loopholes are found in the experiences of unsatisfied customers.

            For the 8th year in a row, customers have ranked Amazon as the number one in customer service (according to the American Customer Satisfaction Index).

            While numerous companies ignore unhappy customers, Bezos found success in learning from reviews and surveys. By focusing on customer service, Amazon shows they care, both for their customers and for rising above their competitors.

            While praise and recognition are signs that a business is accelerating, criticism is an opportunity to improve a product or a service.

            6. Mark Zuckerberg: Start Small, Think Big

              Valued at over 55 billion dollars today, Mark Zuckerberg built the first version of what would become a social networking giant in his Harvard University dorm room. As one of the world’s youngest entrepreneurs, Zuckerberg undoubtedly took countless calculated risks to get his brilliant idea to its current status with 2.38 billion active monthly users.

              “The biggest risk is not taking any risk.”

              He’s always daring to explore with a fearless mindset.

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              The young tech entrepreneur never shied away from innovating outside of the box. Soon after Facebook became a hit to users and advertisers, big corporations took interest in buying Facebook from Zuckerberg.

              However, he took the risk and decided to stay with his creation. Turning down billions of dollars offered by Yahoo CEO, Terry Semel, he envisioned turning his brainchild into something much bigger than what it already was then.

              7. Steve Jobs: Live Your Own Dreams

                Steve Jobs lived a rocky path all his life and an aspect of which is a tumultuous career.

                The founder of Apple endorsed his beliefs on the temporality of life and limitations of time. He preached about the importance of working on the very legacies people wish to leave behind, an achievement he’s undoubtedly etched into the the archives of human history.

                Never one to hide under someone’s shadow, Jobs did not live by anybody else’s principles so he formed his own. He tirelessly dedicated himself to building a unique brand of products that became the benchmark for contemporary technology.

                After his highs and lows through his brief battle with cancer, Jobs concludes with yet another lesson to takeaway from his remarkable life. “No matter how much money you have, even the richest man can’t buy time.”

                8. Warren Buffett: Balance is Essential to Success

                  Despite being the third wealthiest person in the world, Warrant Buffett sported a frugal lifestyle for most of his life.

                  After buying a house in Omaha, Nebraska for just above 31,000 dollars, he has lived there since 1958. As a leading investor and a founder at Berkshire Hathaway, Buffett believes in setting aside an amount to save and spend only on necessities.

                  With a long term goal as a top priority in mind always, treating oneself can be sustainable once in a while. He advices to save money by deciding first and foremost what aspects to scrimp on and what aspects to splurge on to ensure a happy and balanced lifestyle.

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                  9. Jack Ma: Never Give up

                    On every journey to success, everybody stumbles and arrives at roadblocks. Some more than most, like Jack Ma, who survived countless rejections and failures only to get back up and brave every storm.

                    Ma is the founder of multinational technology conglomerate Alibaba Group. Despite being rejected to Harvard after every one of his 10 applications, Ma was never defeated.

                    His grit and tenacity is a fine testament to the fact that grades do not determine a future. While qualifications on paper are important, the development of skills and an attitude is just as helpful in making a recipe for success.

                    Despite finding himself in the verge of bankruptcy in the 1990s, Jack Ma possessed the resilience to put one foot in front of the other until he finally made it. “It’s important to have patience,” he says.

                    10. Tan Min Liang: Passion Can Pay Off

                      Tan Min Liang is the founder of the leading high-performance gaming hardware, Razer. Always on the look out for new opportunities to connect and scale his business, Tan has been bold in making many of his life’s decisions.

                      Having deviated from a traditional path set by a family that consists of doctors and lawyers, Tan was to find his life’s work and passion while gaming with his older brother.

                      The idea was simple: there were so many games out there to play, however, there were hardly any gaming equipment to match this.

                      So he dropped out of law and began going a different direction, into creating solutions in the gaming industry. At the start of 2019, Tan wrote to tech luminary Elon Musk to which Musk’s reply suggested of a joint venture between two of the most successful entrepreneurs today.

                      Final Thoughts

                      In today’s cutthroat world, the road to becoming a successful entrepreneur is a long and arduous process trailed with ups and downs. A valuable lesson that a good hand of entrepreneurs would love to convey to aspiring entrepreneurs is to keep the spirit of innovation and to explore uncharted waters.

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                      Learning from experience and failure is one direction to a desired end goal. Exhibiting the same dedication and grit so many entrepreneurs have through their unexpected careers – today’s budding visionaries ought to hang on their dreams and leave room for improvement along the way.

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                      Featured photo credit: Patrick Tomasso via unsplash.com

                      Reference

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