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Goal-setting

Goal-setting. Is your future passing you by?. The questions. How will life be different in one decade? One year? Or one month? Did you know that only 5% of the people in the United States will reach financial security by retirement?

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Goal-setting

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  1. Goal-setting Is your future passing you by?

  2. The questions • How will life be different in one decade? One year? Or one month? • Did you know that only 5% of the people in the United States will reach financial security by retirement? • What are the purposes, benefits, and payoffs of good goal-setting? • Personal responsibility…. Who is responsible for your future? • Are you willing to write down where you’re going or be willing to settle for whatever you get out of life?

  3. 30 years of goal setting • My father Bob Hammond • Tommy Hopkins • Goal setting tools • 30, 60, 90 day,1, 5, 10, 15, and 20 year plans • All written with SMART detail • Monitor, revise, evaluate daily weekly, monthly, and annually

  4. The Yale study • The Yale class of 1953 • 35 year study • Ages 19 to 65 • Researched habits of those with written goals, and those without • The results.. 8% set goals, 3% used written goals • 3% had 95% of the wealth • 97% had 5% of the wealth • Which will you be?

  5. Benefits of goal setting • Superior focus • Strategy/Accountability • Productivity/Profitability • Self-analysis • Harness your energy • Satisfaction and meaning • Make efficient use of your time, talents, and opportunities • Create meaning, fulfillment, joy, direction and accomplishment

  6. SMART Goals • Specific • Measurable • Aligned • Rewarding • Timely • Each and every goal must be written and incorporate the above or is not a true goal

  7. Goal flexibility • Balance short and long-term purposes • Change direction/revise goals • Keep on track • Alert when off-track • Reward work well done • Create new goals--mission/purpose/passion plans • Be open to New Possibilities

  8. For reasons goals/plans fail • No Budget...money/time/resources allotted for goal-setting • No Incentives… 75% do not link incentives to goal achievement • No Communication… 86% spent less than one hour per month talking about goals • No Sharing… 95% do not share their plans with others who play a role in their success or achievement • No buy-in… no real commitment

  9. Other tools for success… • Personal Mission Statements • 80/20 rule • Getting Organized • Time Management • Goal Setting retreat/workshops • More…

  10. Live your life…. on purpose • Be the architect of your future with the use of personal and professional goal setting • Be the 3% who dare to dream and use written goals toward purpose driven achievement • You have the choice, time, knowledge, resources, and ability • Rediscover your passion, mission, purpose today • Dream it, write it down, and just do it • “Fail to plan… plan to fail”

  11. Tom Hopkins • “I’m not judged by the number of times they fail, but by the number of successes…. The number of times I succeed is in proportion to the number of times I fail and keep on trying” • To have, To do, To be goals (see handout examples)

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