“The minute you get away from fundamentals, whether it’s proper technique, work ethic, or mental preparation, the bottom can fall out of your game, your school work, your job, whatever you’re doing.” – Michael Jordan
The greatest professional athletes in history focused on the fundamentals of their sport to achieve at the highest level. That includes the likes of Michael Jordan in basketball or Tom Brady in football.
The same can be said for achieving business success. If you’re ready to break through to your next level of success in your business this year, you have to get laser-focused on what may seem elementary but is essential.
And one of the most fundamental exercises any financial advisor can leverage is goal-setting. It’s simple, yet powerful. Goal-setting can empower you and help spark your energy and passion.
In this article, you’ll learn a proven process for setting goals that inspire you to take action and achieve greater results faster. But more than that, you’ll learn how to set goals for the right reasons. Goals are more than just something to reach for — they help you grow your business to where you want to take it in the future.
Why Should You Set Goals?
Sometimes, busy financial advisors will say, “I’d love to set some goals, but I just don’t have time.” I challenge this way of thinking with a quote from the great college basketball coach John Wooden: “If you don’t have time to do it right, when will you have time to do it over?”
Now is your time!
Another benefit to setting goals is that you’ll see more opportunities more often that can lead to achieving the outcomes you most desire.
You have millions of different bits of information coming at you constantly in every moment of your life. But most of this information is only picked up by your subconscious and not fully lifted to your conscious awareness.
Let your brain know what’s important and what isn’t. As soon as you consciously make yourself aware of the goals you want to achieve, your brain will allow information related to those goals to pass through to your conscious awareness.
Where Do I Start?
When you’re setting goals, follow the direction of Stephen R. Covey from his best-selling book “The 7 Habits of Highly Effective People.” In it, he says, “Start with the end in mind.”
Why is this important? It’s easier to put markers along a path if you know the destination.
If you start your goal-setting today by writing out a 20-year vision, does that mean you’re committed to it for the next 20 years? Absolutely not. Things will change, and so will your plan. But you’ll find that starting with the vision will make the process of goal-setting easier.
Let’s look at it another way. When you’re trying to put together a complex puzzle with hundreds of pieces, is it easier to guess what the puzzle should look like as you piece it together or to look at the picture on the box as a model and begin putting pieces in place based on that picture?