Your investment failed because you didn’t set any goals
I can predict someone’s success in any new endeavor by asking a single question: do you have a clearly written goal? There are many great books on goal setting. But, truth be told, it’s quite basic. Think about what you want to achieve. Write it down. Break it into the most actionable steps you can imagine. Then check back every day.
We think of goals like a tree. You greatly increase the odds of the acorn growing into a tree if you give it plenty of water and sunshine; goals work the same way.
There are no truly new truths. Our mission is to help you discover the truths already exist. Especially the ones relevant to helping you become a million-dollar investor. One of the truths about setting goals is that you greatly increase the likelihood of reaching your goal if you write it down. Studies show that you are at least ten times more likely to reach a goal if it is in writing. You increase the odds of reaching the goal even more if you set a completion date and if you break the goal down into bite-size steps.
Here’s a very simple tip: Whenever you set a goal, take at least one action step toward the goal immediately. Even if the step seems insignificant. Order a book, look up a phone number, or send an email to schedule a meeting. Momentum is a real force in nature and it is up to you to get the ball rolling. Give the ball one little push immediately after you set a goal. Getting the ball rolling in the right direction is key. Don’t worry about the destination at first, movement is the key. You will arrive in due time.
Another truth about goals is that you have the choice to set huge goals or tiny goals. Just as in nature, you can plant an acorn and grow a huge oak or you can plant a mustard seed and grow a mustard plant. The choice is yours. Nature does not care which seeds you plant. The soil, rain, and sunshine have the same effect on all seeds. Take a look at this poem found in Napoleon Hill’s classic success book Think and Grow Rich.
I bargained with life for a penny
and life would pay no more,
however, I begged at evening
when I counted my scanty store;
For life is a just employer
he gives you what you ask
but, once you have set the wages
why, you must bear the task;
I worked for a menial’s hire
only to learn dismayed
that any wage I had asked of life,
life would have willingly paid.
When we talk about goal setting, we have to refine our philosophy on the subject. Many people associate big goals with a lot of hard work. Those people are probably correct. Big goals take a while to accomplish and often require a lot of hard work. Why not set some small goals and just “get by” in life, someone may ask. The million-dollar investor knows that by setting large goals, he is going to have to stretch himself to reach them and will grow significantly in the process. Ask anyone who has climbed the mountain of success and she will tell you…it was worth it! Set huge goals and become more.
We couldn’t leave an article on goal setting without asking you, what is your goal? Go ahead. Write one down (get your first house? Get your 1,000th? Invest in a skyscraper?) And once you tell us, you have to let us know what you are going to do right now to move you toward that goal.
We’ll send a free book to the first 5 people who let us know their goals. We know that once you’ve committed to it, written it down, and made it public, it is much more likely to happen.
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