I'ts nice to dream about having these things, but if you don't sit down and break it down, it
will remain dreams only.
Instead of saying I want a million dollars, ask yourself how can get a million dollars.
Some of the answers might be:
- Start a business
- Invest
- Buy income producing assets
Then research how to start a business, or how to invest or how to buy assets.
The research will point to steps that need to be taken to start a business, invest or buy assets.
Then you need to schedule the steps that are required to achieve that goal
Example:
- Do market research - Oct 2019
- Write a business Plan - Nov 2019
- See suppliers - Dec 2019
- Look for a premises - Jan 2020
- Do income\expense & cash flow forecasting - Feb 2020
- Investigate Investors - Mar 2020
- Raise Capital - Apr & May 2020
- Sign Lease - Jun 2020
- Prepare for Open, do Marketing - Jul 2020
- Open Shop - Aug 2020
As you can see you need to be very specific in order to achieve your overall goal.
Setting, Detailing and Prioritizing goals are KEY to achieving your goals!
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