The Power of GoalsThe Power of Goals

Bill Banner P. Eng.

Our Agenda TonightOur Agenda Tonight

• The Case for Goals

• 12 Step Goal Process

• Key Take-Aways

• 3 Goal Method Exercise

The Case for Goals!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.

Why Goals?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?Which Group are you in?

13% Verbal Goals

84%

No Written or verbal goals or plans

3% Written Goals

Success is goals – all else is commentary

The Power of Goals!The Power of Goals!

• ASSUMPTIONS

100 STUDENTS IN THE CLASS

84% EARNED $100,000 PER YEAR

The Power of Goals!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!The Power of Goals!

• # ANNUAL PAY

• 3 $110,000,000

7 Categories of Goals7 Categories of Goals

1.1. Business/CareerBusiness/Career

2.2. FinancialFinancial

3.3. FamilyFamily

4.4. PersonalPersonal

5.5. HealthHealth

6.6. SpiritualSpiritual

7.7. CharitableCharitable

The Goal Setting StrategyThe Goal Setting Strategy

IMAGINE……

EXPAND……

CLARIFY……

ANALYZE…..

EVALUATE……

PRIORITIZE……

COMMIT!!!!!!!

 

The 12 Step Goal MethodThe 12 Step Goal Method

Step 1 - DecideStep 1 - Decide

Decide exactly what you want in 7 key areas of your life –

1.1. Business/CareerBusiness/Career

2.2. FinancialFinancial

3.3. FamilyFamily

4.4. PersonalPersonal

5.5. HealthHealth

6.6. SpiritualSpiritual

7.7. CharitableCharitable

Start off by idealizing

No limitations

Step 2 – Set SMART GoalsStep 2 – Set SMART Goals

SpecificSpecific MeasurableMeasurable Aligned Aligned RealisticRealistic Time-boundTime-bound

Step 3 – Using the 3 P’sStep 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 DeadlinesStep 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 ObstaclesStep 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

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

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 PlanStep 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 GoalStep 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 DisciplineStep 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.

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

Step 12 – Review Your Goals ........ ......... Everyday

WRITE OUT EVERY GOAL and READ IT EVERY

MORNING and EVERY EVENING BEFORE BEDTIME!

Key “Take-Aways”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”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”Key “Take-Aways”

6. YOU TOO CAN, WITH PRACTICE, DEVELOP THE HABITS OF HIGHLY SUCCESSFUL PEOPLE…

7. ALL GOALS MUST BE WRITTEN, TIME-CONSTRAINED AND MEASURABLE.

Key “Take-Aways”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”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”Key “Take-Aways”

14. BE DISCIPLINED.

MAKE GOAL SETTING A DAILY

HABIT

Goal Setting ExerciseGoal 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 ExerciseGoal 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 GoalsThe Power of Goals

The Power of GoalsThe 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 GoalsThe Power of Goals

Thank You

Bill Bannerbbanner@focalpointcoaching.com

905-627-9285www.billbanner.ca