How do I set goals?- 17/101 Entrepreneur Questions and Answers
This is an except from my book: 101 Entrepreneur Questions and Answers.I have often struggled with setting goals and having priorities, as I was subject at times to the 'shiny object syndrome' where I saw different things as potential and decided to pursue them, inadvertently achieving little or nothing. This is where I chase different things, but inadvertently achieve nothing- when you chase two rabbits, you catch neither.You and I have got to focus. You and I have to follow one course until success.There is a story that I heard about the time when Bill Gates first met Warren Buffet, a billionaire investor, in the early 90s. Bill's father asked Warren what his secret to success was and he replied that his secret was to focus, Bill immediately turned to Warren and said that was his secret also. As he was able to focus on a single objective and pursue it and work at it until it was a success.When you are focusing on a single business and a single objective, then you will achieve what it is you set out to achieve. Just like the woodpecker that is constantly pecking at the same point of a tree and he eventually breaks through to the food inside or to create a nest.Warren Buffett also talked about how you have to set 25 goals for yourself. These could be 25 career goals, life goals or personal goals. Then highlight the top 5 from your list and make these 5 your to-do-list. In which you focus on them until they are all achieved. The other 20 are your not-to-do list. You do not touch these at all until your first 5 are completed. Helping you to focus on the things you really want to achieve.Here are the 5 things I wish to work on for the rest of 2017:Maintain the potato business, and phase it out.Record 3000+ Videos for YouTube, each with an accompanying blog.Create colouring books, and other misc types of small books for Amazon.Create Udemy e-courses.Start and grow the Hemp business.The first one is an ongoing process, the 2nd one is what I will be doing once I have finished book and others. The third one is purely for creating income and cash flow. The 4th one is based on the books, blogs and videos. The last one is the next big business adventure after the books, and will be used as research and reference for my official 2nd bookWhen you focus on specific things you get specific things accomplished. There is money in everything- everything can be profitable.Define your five things that you wish to achieve and focus on them and do not let of them, or allow yourself be distracted.There is the story of Richard Branson where are University wanted him to do a special talk and were willing to offer him £50,000. As they rang his assistant, they said Richard would not do a talk, after each phone call they raised the price, eventually, to £100,000. The assistant stated that he would not do any talks, as they would be a distraction from his tasks, objectives and goals. Time is important, as it is the only thing we cannot create more of. You have to value it and manage it well.
Published on September 07, 2017 10:22
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