As you prepare for the end of one year and the beginning of another, you’re probably starting to think about goals for the coming year. We often have good intentions when it comes to setting goals, but they don’t always work out. As you begin the planning process, here’s a suggestion on how to jumpstart your goals.
After writing down a goal, quantifying it, and setting a deadline, we often still can’t begin to achieve it.
A journey of a thousand miles begins with a single step. Not reaching the goal is like jumping over some huge canyon. So many of us are scared and turned away from what we really want in our lives because of the fear that we’re going to have to take a giant leap across that canyon and, hey, what if I don’t jump far enough? Disaster.
But if we can now break that goal down into small components so that the achievement becomes realistic and manageable, if we can cross the canyon in steps rather than one leap, then taking the first step will be easy.
Let’s say you have a goal of saving an additional $50,000 two years from today.
Create a picture in your mind of your new account after two years, showing an additional $50,000.
The goal is in writing. It is quantified and time-bound. Now you can break that goal down into small steps to achieve.
To get $50,000 over the next two years, you need to earn an additional $25,000 per year. A year consists of twelve months, which means that you need to earn approximately $2,000 per month. There are four weeks in a month, so that’s $500 a week. A week consists of, let’s say, five working days. That’s $100 a day. (I have not added interest to these calculations just for simplicity.)
I don’t know about you, but the idea of going out into the world tomorrow and getting an extra $100 is a lot more realistic and definitely more doable than getting $50,000.
Getting all $50,000 is a canyon jump. It scares me. $100 is one step. This is something I can handle. Now the goal seems real and doable.
But until you write down your goal, quantify it, and set a deadline to break it down into small steps, it will always seem like too much of a stretch and therefore out of reach. But every time you follow these three steps and break down a goal, you’ll always see that you have control over what it takes to take the next step. I once you start, you’re on your way!