Monthly Archives: March 2013

Set the Goal

When we compare humans to other species the differences become somewhat apparent. Yes, there are similarities in levels of intelligence and social interactions, but one aspect that has proved intriguing is that of goal setting. Establishing a goal is done instinctively by humans, whether we realize it or not.

When we allow our minds to wander unrestrained, we tap out goals in our mind with relative ease. To make better sense of them, it’s important to capture them. For this reason I always keep with me a notebook to scratch down any idea, regardless of how absurd it may first appear. Ironically, when someone writes something down, power is given to the words. It takes on a more authoritative and believable tone.

The establishment of goals are what make us yearn for things in life, whether it’s to attain a higher education, taking a trip, learning a new language, finding a partner, or landing a satisfying career. All form the basis of things we strive for in life. Many goals have common elements that we all share. By choosing those goals that are important to you, you can establish the goal attainment structure.

The basic steps to making a goal:

  • Make the goal presentable. Communicate it to yourself properly and easily, then communicate it to others to hold yourself to your commitment
  • Plan your course of action
  • Make the goal realistic
  • Ensure that the goal has some context around it (this will help in understanding just what you want)

As you can see, establishing goals is the easiest thing for us to do, yet most of us don’t make it a conscious activity. The establishment of goals is the first concrete step in moving toward your success in life. It’s the notion that gives you action, without which you can’t achieve your desired outcomes. How many people have you seen accepting what fate has dealt to them? They’ve allowed circumstances to dictate their fate and they meander from day-to-day passively accepting what comes their way.

Have you set your goal?

Feel free to share your answer in the comments.

 

Other Time Trading Gurus

Time

Steven Xu presents Growth Unleashed: Workaholic posted at Growth Unleashed.

Flexibility

Fitz Villafuerte presents 19 Tips To Becoming More Self-Reliant posted at Ready To Be Rich, saying, “Sometimes, there is a need for us to find our own answers to our questions, to find our own solutions to our problems – to become self-reliant.”

Bavly A. presents 5 steps to an organized life | Life as we know it posted at Life as we know it.

Jana presents How To Create More (Fill-in-the-blank) in 30 Days posted at Wisdom Ink Blog.

Money

Lavar Gilbert presents The Wealth Brand | Creating and Enhancing Wealth in Every Area of Your Life posted at The Wealth Brand, saying, “An individual’s personal appearance conveys many things. Attitudes, state of mind, respect for others,self esteem, and emotions are reflected in our personel appearance.”

UB Hawthorn presents SIMPLE LIVING GUIDE: Valuing your life income—minimizing spending [Step 6] posted at The Mindful Word.

John Schmoll presents Taking the Plunge: How to Build a Client Base For Your Small Business posted at Frugal Rules, saying, “Building a client for your small business can be a difficult path, but with a number of these ideas you can improve your chances at building a solid client base.”

David Leonhardt presents Quirky ways to save money on your car posted at Self-Help Happiness Blog, saying, “Anybody can save money on one’s car the tried and true ways – and why not? But a special person can really have fun saving money. All it takes is some discipline and the willpower to be quirky. Do you have what it takes?”

David Thompsonn presents 20 Creative Ways to Save Money for a Family Vacation posted at Backup Care, saying, “These 20 savings tips can add up big time, helping you to reach your travel goals before you know it.”

The DREAM Process

Takis Athanassiou presents Free space for your thoughts | Leadership Initiative posted at Leadership Initiative, saying, “One of the major and common components of leadership and productivity, alike, is the ability to focus. Focus on your vision, your objectives, yours tasks, etc. In order to be successful to focus adequately, you need some time of “silence” set aside (and scheduled) for you to reconnect with your goals and your dreams and evaluate the procedure and the paths you have chosen. This time it can be used for freeing your mind from urgent and pressing now, and make room for new ideas, concepts, approaches. Find out why and how in this post, by Takis Athanassiou.”

Attached to Irrationality

Discovery is a wonderful thing. When you take the time to reflect on why you do the things you do, or why you retrench in your comfort zone, you begin to uncover the silly irrational behavior that can drive you in a particular direction. I can’t help but see that far too many people have persisted with unhappiness in their lives because they were irrationally attached to the costs they had invested in a financial asset, career, or relationship. We find it too easy to simply hold on to our current normal, despite the discomfort that it may cause.

Governments are the masters at this irrational persistence. How many times have you heard a government continue spending money on a program, knowing that it’s a failure? Yet, since they’ve invested millions or billions already, they continue the investment on the basis that they’ve already invested heavily into it and don’t want to lose the value of their investment.

The problem is that in most cases the value today is nil, and the past investment was already spent and won’t be recuperated in any event. People cling to the hopeless sense of saving face.

So if we know this, then why do we continue to base our future decisions on a past decision? We do it for the following reasons:

  • we want the value that we invested
  • we loathe failure
  • we feel personally attached
  • we lose sight of the goal

We want the value we invested

Of course we want value in our investments in time, money, relationships, but this drive to make our efforts worthwhile leads us to great unhappiness. We make investments with the expectation that the investment was worthwhile. This makes sense. I invest in the stock market with the expectation of making a good return. I invest in my house with the expectation that the value will rise. I invest in my relationships because I expect it to provide me comfort. The problem lies not in the fact that we expect a worthwhile outcome, rather in dwelling on the fact that the investment hasn’t proven worthwhile. You need to resist this notion and start to invest your energy into new more worthwhile investments, so cut your losses, get over it, and look ahead, not behind.

We loathe failure

Our social culture over-promotes success. Everything has to be related to success. Walking away from a past investment in time, money, or relationship isn’t failure; rather, it’s an admission that you didn’t get the intended results. Allow yourself to make investments. Some will prove worthwhile and some will not. Don’t call unintended results a mistake or a failure. It’s neither. It’s a low-yielding investment, and as such, you’re re-investing to improve your personal returns.

We feel personally attached

Once we’ve decided to invest our time, money, or emotional energy we stubbornly attach ourselves to it. The bigger the commitment or investment we’ve made, the harder we find it to let go. When we feel emotionally attached, we need to evaluate our investment by ignoring all the sunk costs or effort we’ve already put into it. This will allow you to focus on what you need to do going forward, not what you have done.

We lose sight of the goal

When we focus too much on the sunk costs to gain some relevance on its worthiness, we tend to lose sight on why we made the investment in the first place. We make an investment in time, money, or relationships to realize a particular goal. By dwelling on past investments, we become fixated on the means rather than the end. If we realign our thoughts toward the goal we were trying to achieve in the first place, we’ll realize that the means by which we need to attain it have to change. This more than anything will help pull you away from this tendency to cling to your past actions and focus on what you need to do to achieve your outcome.

Do you have an irrational attachment?

Feel free to share your answer in the comments.

 

Other Time Trading Gurus

Time

Shaun Rosenberg presents How to Set Priorities posted at Shaun Rosenberg, saying, “With so much that comes our way every day, setting priorities is a must. Here are some ways to learn what your biggest priorities are and what you should consider when deciding what to push to the front of your mind.”

Flexibility

Elina presents Expression of inside hero! posted at Bring back fun to the work.

John Schmoll presents Taking the Plunge: Why I Hate Being Self-Employed posted at Frugal Rules, saying, “Being self-employed is not what the late-night infomercials would have you believe. It is hard work and requires a lot of discipline, make sure you know that before taking the plunge for yourself.”

misterinfinite presents Priorities posted at welcometothelifestyle.

David Leonhardt presents Stay grounded or reach for the stars? posted at Self-Help Happiness Blog, saying, “It’s a face-off between two opposing strategies. Which do you prefer, to reach for the stars or to keep your eyes on the path ahead of you?”

Money

Peter J. Buscemi presents How to Create a Marketing Budget : Four Quadrant posted at Four Quadrant, saying, “The Marketing budget is set once a year and sets the tone for the demand creation and demand management plans that drive the sales pipeline for the second half of the year and the first half of the following year.”

Kaitlyn Johnson presents How to Budget for Having Your First Baby posted at Newborn Care, saying, “There’s an old adage that says if you wait to have children until you can afford them, you’ll never have them. While it’s true that raising kids in today’s world costs a pretty penny.”

DREAM Process

Brandon Yawa presents Brandon Yawa posted at Brandon Yawa, saying, “This blog teaches you how to consciously identify your happiness.”

Jon Rhodes presents How Hypnotherapy Can Help with Change posted at Free Hypnotherapy, saying, “In this article you can find out exactly how hypnotherapy can help you change.”

Darcy presents 5 Life Lessons To Learn From 50 Cent | FeelingSuccess posted at FeelingSuccess.

Alexander Skafte presents Habit: the Road to Success – Evolve Beyond Limits posted at Evolve Beyond Limits, saying, “In this article I discuss why developing brilliant habits is the only way of achieving a real and lasting success.”