The Power of Goals Bill Banner P. Eng. Our Agenda Tonight • The Case for Goals • 12 Step Goal Process • Key Take-Aways • 3 Goal Method Exercise The Case for Goals! Why is It important to have clear well defined goals? Road maps and road signs. Who we will become is yet to be determined. The path to achievement is paved with goals. Start with the end in mind – Stephen Covey Why Goals? Goals – the key to happiness Why people don’t set goals Join the top 3% Success is goals – all else is commentary Happiness is the progressive realization of a worthy ideal or goal. – Earl Nightingale Which Group are you in? Written Goals 3% Verbal Goals 13% 84% No Written or verbal goals or plans Success is goals – all else is commentary The Power of Goals! • ASSUMPTIONS 100 STUDENTS IN THE CLASS 84% EARNED $100,000 PER YEAR The Power of Goals! # ANNUAL COMBINED PAY PAY • 84 $100,000 $8,400,000 • 13 $200,000 $2,600,000 • 97 $11,000,000 The Power of Goals! • # ANNUAL PAY •3 $110,000,000 7 Categories of Goals 1. Business/Career 2. Financial 3. Family 4. Personal 5. Health 6. Spiritual 7. Charitable The Goal Setting Strategy IMAGINE…… EXPAND…… CLARIFY…… ANALYZE….. EVALUATE…… PRIORITIZE…… COMMIT!!!!!!! The 12 Step Goal Method Step 1 - Decide Decide exactly what you want in 7 key areas of your life – 1. Business/Career 2. Financial 3. Family 4. Personal 5. Health 6. Spiritual 7. Charitable Start off by idealizing No limitations Step 2 – Set SMART Goals Specific Measurable Aligned Realistic Time-bound Step 3 – Using the 3 P’s Write goals in the personal tense….start every goal off with “I” • After each “I” use an action verb… “I have” “I earn” Write goals in the present tense as if you have already achieved them. Write goals in a positive tense….I will quit smoking….to…..I am a non smoker! Step 4 – Set Deadlines Set definite deadlines…Short term and long term No unreasonable goals, just unreasonable deadlines Subconscious mind uses deadlines as a forcing method Step 5 – Identify Your Obstacles Identify obstacles that you have to overcome to achieve your goals Theory of Constraint: There is always one limiting factor from keeping you from making your goals 80-20….Fully 80% of all obstacles are on the inside of you. Only 20% are on the outside Step 6 – Knowledge and Skills Needed Identify the knowledge information and skills you’ll need to achieve your goals. Your weaker key skill sets the height of your income and success! Work and focus on that one key skill What one skill if developed in an excellent fashion would help me the most to double my income? Step 7 – Identify the help You’ll Need Identify the people whose help and cooperation you’ll need to achieve your goals Understand what’s in it for them Be a go Giver rather than a Go Getter… You must have the help and support of others to get where you want to go! You must build and maintain a network of people and friends Step 8 – Make A Plan Have a GOAL & a PLAN….Return on Equity is worth a 1000% return on your expenditure of time. Think on Paper Use Time Management Lay out your week every Sunday Plan each day the evening before Each minute spent in planning saves 10 minutes in execution EVERYTHING IS HARD BEFORE IT’S EASY Step 9 – Select Your # 1 Goal Select your #1 most important task for each day. If I could do just one thing on this list, which one would be the most valuable use of my time…..second, third…. If I could do just one thing all day long which one activity would get me closer to my goals. The most highly paid job we can ever do is THINKING…..FOCUS & Concentration This very act will increase your productivity by over 50% the first day. Step 10 – Develop Self Discipline Develop the habit of SELF DISCIPLINE Resolve to concentrate on this one task without wavering until it’s done. You avoid all distraction You create a habit Practice visualization on your Goals! See the goals as if it was already achieved. Write the goals as if they were already achieved Step 11 - Decide on you major definite purpose. If I could wave a magic wand and achieve any goal on this list in 24 hours which one goal will have the greatest impact on my life. Take this one goal and write it down on a clean piece of paper Set deadlines Obstacles Skills to improve or learn Everything you’ll have to do to achieve it Organize by sequence and priority Make a plan Work on it daily Step 12 – Review Your Goals ........ ......... Everyday WRITE OUT EVERY GOAL and READ IT EVERY MORNING and EVERY EVENING BEFORE BEDTIME! Key “Take-Aways” 1. WITHOUT GOALS… EVERYTHING IS JUST ACTIVITY . 2. WISHING IS NOT A MANAGEMENT STRATEGY. 3. THE PROCESS OF GOAL SETTING AND ATTAINMENT IS REALLY JUST COMMON SENSE… IN PRACTICE. Key “Take-Aways” 4. ONLY YOU CAN BUILD YOUR GOALS – YOUR BUSINESS AND YOUR CAREER ARE ALWAYS PERSONAL. 5 FIRST YOU MAKE YOUR HABITS, THEN YOUR HABITS MAKE YOU… Key “Take-Aways” 6. YOU TOO CAN, WITH PRACTICE, DEVELOP THE HABITS OF HIGHLY SUCCESSFUL PEOPLE… 7. ALL GOALS MUST BE WRITTEN, TIMECONSTRAINED AND MEASURABLE. Key “Take-Aways” 8. FULLY 80% OF THE REASONS THAT ARE HOLDING YOU BACK ARE INSIDE YOURSELF. 9. RESOLVE TO BECOME A TOP 10% PERFORMER. 10. PAY IT FORWARD…BECOME A “GO GIVER.” Key “Take-Aways” 11. THINK ON PAPER, YOUR DAILY WRITTEN PLAN IS KEY. 12. YOU BECOME… YOU GO IN THE DIRECTION OF… WHAT YOU THINK ABOUT MOST OF THE TIME… 13. CONTINUALLY ASK YOURSELF… “WHAT IS THE MOST IMPORTANT THING I SHOULD BE DOING RIGHT NOW ???” Key “Take-Aways” 14. BE DISCIPLINED. MAKE GOAL SETTING A DAILY HABIT Goal Setting Exercise The Three Goal Method In less than 30 seconds, write down your three most important goals in life, right now. Write quickly. Goal Setting Exercise Whatever goals you wrote using this “Three Goal Method” is probably an accurate picture of what you really want in life. The Power of Goals The Power of Goals “It’s not the will to win that counts. Virtually everybody wants to be a winner. It’s the will to prepare to win that makes champions.” --Paul “Bear” Bryant The Power of Goals Thank You Bill Banner bbanner@focalpointcoaching.com 905-627-9285 www.billbanner.ca