Advertising
Advertising

5 Steps to Make Big Dreams Scalable and Reachable

5 Steps to Make Big Dreams Scalable and Reachable

Do you feel like your dreams are just too big? That perhaps it’s beyond what you think you can attain?

Does your dream feel so far out of reach, you don’t even know what steps to take towards achieving it?

If so, then here are 5 steps you can do now to make that dream scalable and reachable so that the first steps to make that dream come true are clear as day for you.

1. What’s the Point?

In this dream of yours, narrow down the essence of it by answering the following question,

“What problem are you solving?”

I understand that your dream may solve many problems, but get down to the most important, most pressing issue you want to solve and name it.

2. Who is it For?

In this dream of yours, who are the people you are helping?

Advertising

To find this out, close your eyes and imagine you’ve already have made your dream come true; that you are able to solve this specific problem for people. So who is coming to you for help?

What kind of people are they?

What kind of jobs do they hold?

What are their major concerns?

What are their interests?

What is important to them?

Write this stuff out. Make a list of your future clients and customers. Give them names like “Bob the electrician.”

Advertising

It is important to know the people you are trying to help because then you will know where to find them.

How will you find them? Easy.

You already know what kind of jobs they have, what concerns them, and their interests. With this information, you can determine where they hang out, what magazines they probably subscribe to and what kind of events they would attend.

3.  The Delivery System.

What is the easiest, cheapest, and fastest way to get this solution out to the people you want to help?

A good point to keep in mind is that your initial delivery system doesn’t have to be perfect; it just needs to get the job done. You can make it fancier later.

Pastor and motivational speaker Robert H. Schuller said, “Better to do something imperfectly than to do nothing flawlessly.”

With this in mind, will your delivery system be a brick and mortar, an online store, blog, book, ebook,  video, mobile app etc.

Advertising

When you think “fast, easy, and cheap,” what comes to your mind? 

4.  Who is in the Show?

In this dream of yours, are you by yourself or do you have other people in your dream helping you?

Close your eyes and think about this for a minute. See your dream realized and are you there alone?

If you are alone, then this is good to know off the bat. You are a one-man show. That means that the success of your dream solely relies on your ability to just do what you say.

If you see others helping you, then list these people out. Are they partners, employees, contractors, developers etc.?

Here is another way to use the fast, easy and cheap model.

Who can help you achieve your dream faster? Who won’t cost a fortune and you can easily work with?

Advertising

Write their names down.

Perhaps you may know some of them personally or you may already know offhand that you will be using freelancers.

5.  The Next Step.

Using the information you gathered from thinking about Steps 1-4, write down your next step.

Your next step may be:

  • Looking for a property space.
  • Registering a domain name.
  • Writing down the book title.
  • Calling up a friend to talk about your dream to see if they want to be a part of it.
  • Researching how much it would cost to hire a virtual assistant or app developer.
  • Start spending time where your potential customers and talking to them about their problems.
  • Check out your competitors to see what delivery systems they are using.

After concertedly thinking about the questions that were raised through this 5 step system, the first few steps to making your big dreams come true should be quite easy for you to see.

Now follow through and do something your future self will thank you for!

More by this author

18 Things You Need To Tell Yourself Every Day When You Wake Up 15 Signs You Are Living Up To Your Potential (Though You Don’t Know You Are) Why Some Couples Fall Out Of Love 15 Things Socially Skillful People Don’t Do This Is How You Can Get People To Take You Seriously

Trending in Productivity

1How to Nix Your Credit Card Debt in Less Than 3 Years 2How to Fight Information Overload 3How to Memorize More and Faster Than Other People 4What Foods Have the Most Brain Vitamins for Enhanced Mental Strength 5Smart Goals Template to Help Leaders Attain Success Easily

Read Next

Advertising
Advertising

Last Updated on June 22, 2018

How to Nix Your Credit Card Debt in Less Than 3 Years

How to Nix Your Credit Card Debt in Less Than 3 Years

Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

Hint: there are ways that are easier than you think.

1. Consider consolidating multiple credit cards if possible

This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

Advertising

Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

2. Try to pay the full balance you spent each month at the very least

You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

3. Pay extra when you can – every small amount counts

This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

Advertising

It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

4. Create a plan on how to pay extra

Back to the main point, having this plan is giving you one less thing to think about.

This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

5. Cut out costs for services you do not use

If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

Advertising

6. Get aggressive about it

Consider these points:

Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

7. Reevaluate your progress at set intervals

Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

Advertising

Finally (and most importantly)…

8. Keep trying

Do not get discouraged. Pushing it off will make it worse. Just keep trying.

Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

Start knocking out your debt today

The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

Featured photo credit: Pexels via pexels.com

Read Next