Goal-settingGoal-setting

Is your future passing you by?Is your future passing you by?

The questionsThe questions How will life be different in one How will life be different in one

decade? One year? Or one month?decade? One year? Or one month? Did you know that only 5% of the Did you know that only 5% of the

people in the United States will reach people in the United States will reach financial security by retirement?financial security by retirement?

What are the purposes, benefits, and What are the purposes, benefits, and payoffs of good goal-setting?payoffs of good goal-setting?

Personal responsibility…. Who is Personal responsibility…. Who is responsible for your future?responsible for your future?

Are you willing to write down where Are you willing to write down where you’re going or be willing to settle for you’re going or be willing to settle for whatever you get out of life?whatever you get out of life?

30 years of goal setting30 years of goal setting

My father Bob Hammond My father Bob Hammond Tommy HopkinsTommy Hopkins Goal setting toolsGoal setting tools 30, 60, 90 day,1, 5, 10, 15, and 30, 60, 90 day,1, 5, 10, 15, and

20 year plans20 year plans All written with SMART detailAll written with SMART detail Monitor, revise, evaluate daily Monitor, revise, evaluate daily

weekly, monthly, and annuallyweekly, monthly, and annually

The Yale studyThe Yale study

The Yale class of 1953The Yale class of 1953 35 year study35 year study Ages 19 to 65Ages 19 to 65 Researched habits of those with Researched habits of those with

written goals, and those withoutwritten goals, and those without The results.. 8% set goals, 3% used The results.. 8% set goals, 3% used

written goalswritten goals 3% had 95% of the wealth3% had 95% of the wealth 97% had 5% of the wealth97% had 5% of the wealth Which will you be?Which will you be?

Benefits of goal settingBenefits of goal setting Superior focusSuperior focus Strategy/AccountabilityStrategy/Accountability Productivity/Profitability Productivity/Profitability Self-analysisSelf-analysis Harness your energyHarness your energy Satisfaction and meaningSatisfaction and meaning Make efficient use of your time, Make efficient use of your time,

talents, and opportunitiestalents, and opportunities Create meaning, fulfillment, joy, Create meaning, fulfillment, joy,

direction and accomplishmentdirection and accomplishment

SMART GoalsSMART Goals

SpecificSpecific MeasurableMeasurable AlignedAligned RewardingRewarding TimelyTimely Each and every goal must be Each and every goal must be

written and incorporate the written and incorporate the above or is not a true goalabove or is not a true goal

Goal flexibilityGoal flexibility Balance short and long-term Balance short and long-term

purposespurposes Change direction/revise goals Change direction/revise goals Keep on trackKeep on track Alert when off-trackAlert when off-track Reward work well doneReward work well done Create new Create new

goals--mission/purpose/passion goals--mission/purpose/passion plansplans

Be open to New PossibilitiesBe open to New Possibilities

For reasons goals/plans failFor reasons goals/plans fail No Budget...money/time/resources No Budget...money/time/resources

allotted for goal-settingallotted for goal-setting No Incentives… 75% do not link No Incentives… 75% do not link

incentives to goal achievementincentives to goal achievement No Communication… 86% spent No Communication… 86% spent

less than one hour per month talking less than one hour per month talking about goalsabout goals

No Sharing… 95% do not share their No Sharing… 95% do not share their plans with others who play a role in plans with others who play a role in their success or achievementtheir success or achievement

No buy-in… no real commitmentNo buy-in… no real commitment

Other tools for success…Other tools for success…

Personal Mission StatementsPersonal Mission Statements 80/20 rule80/20 rule Getting OrganizedGetting Organized Time ManagementTime Management Goal Setting retreat/workshopsGoal Setting retreat/workshops More…More…

Live your life…. on purposeLive your life…. on purpose Be the architect of your future with Be the architect of your future with

the use of personal and professional the use of personal and professional goal settinggoal setting

Be the 3% who dare to dream and Be the 3% who dare to dream and use written goals toward purpose use written goals toward purpose driven achievementdriven achievement

You have the choice, time, You have the choice, time, knowledge, resources, and abilityknowledge, resources, and ability

Rediscover your passion, mission, Rediscover your passion, mission, purpose todaypurpose today

Dream it, write it down, and just do itDream it, write it down, and just do it ““Fail to plan… plan to fail”Fail to plan… plan to fail”

Tom HopkinsTom Hopkins

““I’m not judged by the number of I’m not judged by the number of times they fail, but by the times they fail, but by the number of successes…. The number of successes…. The number of times I succeed is in number of times I succeed is in proportion to the number of proportion to the number of times I fail and keep on trying”times I fail and keep on trying”

To have, To do, To be goals To have, To do, To be goals (see handout examples)(see handout examples)