What's the Goal?

December 20, 2021

I recently attended a topflight and intimate conference out in the beautiful city of La Jolla, CA. The setting was gorgeous, and a couple of my friends got to play the storied golf course, Torrey Pines.  I arrived on the day the conference began, so I missed out on golf. That gives me a reason to head back out again. 

The conference’s purpose was to share million-dollar ideas to explode your business, and the attendees were all at the top of their game in this profession. The meeting was called a Summit and was limited to those who had verifiably attained the highest earned and awarded levels in this profession.

We broke out into smaller Master Mind groups to have more detailed discussions on identifying and solving specific problems. These were both exciting and revealing consultations. I began my interaction by asking the small group four questions:

  • What is your current financial goal? (What’s your number?)
  • Do you have a specific plan to get to that goal?
  • Are both the goal and the plan objective and reasonable?
  • What is the time frame for achieving that goal?

The Payoffs

I found an interesting phenomenon. Some of the members of the group struggled with answers to these questions. I asked some other attendees these same questions to get a broader perspective. I found a similar result. Some folks were quick with answers, but most of the folks I spoke to had difficulty responding. The takeaway for me- If people at the top of their game are having difficulty with these questions, I should write again on the importance of being able to quickly answer these matters in both your business and your personal life.

What’s the advantage of taking this approach? Simply stated, focus, pace, and tangible results.

I had a goal many years ago of consistently generating a six-figure income without working. I calculated that I would need at least $2 million in liquid assets to minimally achieve that goal. When I reviewed my current plan and the timeframe I had in mind, I found it seriously lacking and realized that I would need to make severe modifications to reach that goal on time. I made the adjustments and happily made my goal before I had planned to.

If I had not gone through the process of answering those questions, would I have achieved that goal? Maybe or maybe not. And I do appreciate the value at times of having to think differently. But those questions gave me focus and allowed me to track my progress towards attaining those tangible results.

Tuning Up The Golf Game

I like golf but came to the game later in life and am mediocre on a good day. I recently decided (the first step in the change process) to tackle that. I’ve recently established a new personal goal for my golf game and the score range I want to achieve consistently. I’ve signed up for a series of lessons and made a personal commitment to how many times I’ll practice a week. Is the goal objective and reasonable? Yes. I know my scores now, and though it will take effort, I believe I can attain those lower scores by next summer! I’ll keep you posted on my progress.

This is the last Wing Tips of the year, and I want to thank you all for your gracious support and for taking the time to read my humble offerings. Here’s to wishing you a Happy Holiday Season however you choose to celebrate it and keep flying high in the New Year! 

A Quote To Consider!

"The trouble with not having a goal is that you can spend your life running up and down the field and never score." 

–Bill Copeland