How Setting Consistent Goals Increased My Revenue By 100%

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“Folks with clear, written targets, accomplish much more in a shorter time frame than folks with out them may ever think about.”
-Brian Tracy

10 years in the past, I enrolled in my first teaching program known as The Strategic Coach, a program devoted to serving to entrepreneurs obtain exponential development.

I seldom use the expression “recreation changer,” however this program is simply that.

I plan on writing future weblog posts sharing what I’ve realized from this system and the way I’ve benefited from it.

My hope is that you just’ll additionally achieve some key takeaways that you may apply to your individual life.

Every quarter, I spend a full day with different like-minded entrepreneurs in a classroom-like setting, going over the fabric for that day.

Earlier than we get began, we rejoice our “wins” for the earlier quarter, serving to us acknowledge every part we’ve achieved prior to now 90 days.

Consider me, as busy as I’m, I generally lose sight of all of the wins – huge or small.

The following half that we speak about is what I wish to concentrate on at the moment.

G-O-A-L-S

One other a part of our day is concentrated on writing our targets for the upcoming quarter, in addition to revisiting/updating our 1-year, 3-year, and lifelong targets.

Previous to becoming a member of Strategic Coach, I had an honest behavior of writing down my targets firstly of every yr.

I assumed that by publishing my targets as weblog posts, I might keep dedicated and obtain extra.

Guess what occurred?

I printed one other weblog put up shortly after I printed these.  And one other.  And one other.  And one other.   You get the purpose:

I forgot about these targets and I barely revisited them.

Now, due to my teaching program, I assessment my targets constantly and might visibly see what I’ve completed, and what I have to do.

That self-discipline has yielded exponential leads to my business and in my private life.

As I stated beforehand:  #gamechanger.

Under, you will see my most up-to-date set of targets that I wrote down a couple of weeks in the past.   I’ve tried my finest to be as clear as I can, in hopes you’ll discover some profit from it.

Concerning among the income targets, please preserve the next in thoughts:   I’ve been a monetary advisor for 10 years, and am now the CEO of my very own firm.  You’ll be able to examine a few of my journey right here and right here.  Additionally, my on-line business has been going for five years sturdy. You’ll be able to sustain with that journey on my and my spouse’s joint weblog, {Dollars} and Roses.

Okay, let’s check out my targets….

Quarterly Targets  (This quarter ends January twenty fifth)

goal setting worksheet

1.   Launch Good Monetary Cents Podcast –  This contains ordering intro off of Fiverr.com and recording at the very least 11 episodes (4 earlier than submitting to iTunes).

GFC Podcast

2.  Launch redesign of Good Monetary Cents.  I’ve had a designer engaged on this since mid-July.  The design is full and now I’m looking for any person to transform the design into new WordPress theme Genesis.  You will get a way of the colour scheme of my podcast cowl artwork above and right here’s one other take a look at my new emblem:

GFC New Logo

3.  [Done] Give killer discuss at FinCon.  I went; I spoke; I conquered.  You’ll be able to learn my spouse’s recap of the occasion right here.

Speaking at Fincon

4.  Schedule Disney Cruise with household.  This summer season, we went to a number of conferences and took a spontaneous journey to go to one in all Mandy’s running a blog buddies in Pittsburgh, however we by no means took an precise household trip.  A part of the difficulty is that Mandy thought we’d get a free cruise by means of a deal on her weblog.  That, sadly, by no means got here by means of, and summer season got here to screaming finish.

I’ve by no means been on a cruise.  I used to be imagined to go on two earlier than, however my deployment to Iraq interfered with the primary one, and Mandy’s new hiring at her outdated job interfered with the second.  Since I completely hate the winter, I assumed it might be enjoyable to take the fam someplace heat.  I’m already able to go!

5.  Full Course for Wisebread.com. Beginning final yr, I began working with the peeps over at Wisebread.com as their “CFP” contributor. That they had, and have, an awesome group over there, however they had been in want of getting an skilled with credentials who’s additionally obsessive about running a blog. Enter me. 🙂

We’ve determined to concentrate on a making a course that talks about the important thing ideas of my guide, which shall be obtainable should you join their e-mail record. Getting my guide and my model much more uncovered to their viewers is large.

What’s much more big is that the fabric I create for the course will even be supplied for my readers, too. Nothing like doing work on a mission that can be utilized in a number of locations.

This was a objective that wasn’t initially on my radar till after attending FinCon, so that is undoubtedly a major instance of getting to regulate on the fly and go along with what’s sizzling.

1- 12 months Targets

1. Gross Revenues from all business will exceed $750,000.  It will embody Alliance Wealth Administration, LLC and all of my on-line companies.  The final word objective is to see if my on-line income can surpass my monetary planning follow.

2. Streamline duties of Alliance Wealth Administration, LLC. Provoke methods and processes that enable my workforce to deal with the brunt of the work. To make this occur, the next have to happen:

  • Carry on a strategic companion to develop into the Chief Funding Officer who will deal with most of my purchasers’ wants (realizing that some “A Purchasers” will wish to proceed to work with me). Going ahead, that companion would take the lead on any new shopper relationships.
  • [Done] Rent a “Director of First Impressions” to deal with all incoming and outgoing calls with purchasers. This individual will be capable to be skilled by Brenta (our present shared help employees).
  • [Done] Transfer junior advisor from salaried place to 1099 Unbiased contractor standing, to deal with life insurance coverage division.
D&R podcast 1400 3

3. [Done] Launch a podcast particularly for {Dollars} and Roses. Our objective shall be to do 2 podcasts per thirty days. I’m nonetheless leaving a door open to launch a Soldier of finance podcast to assist with guide advertising and marketing.  (Be aware:  I’ve determined in opposition to the Soldier of finance podcast and can as a substitute do a Good Monetary Cents podcast.  See quarterly objective.)

4. Launch administrative duties of Good Monetary Cents. This contains: scheduling of posts, inserting photographs, including meta-tags, formatting posts, coping with advertisers.

5.  Schedule a 2-week RV journey with the household. As a child, my mother and step-dad would take a childhood pal and I in a motor residence and simply drive. We toured northern California, Oregon, and Nevada, making among the finest reminiscences of my life. I need my children to have that have. The one “should see” vacation spot would be the Grand Canyon;  every part else shall be an journey.

3- 12 months Targets

1. Complete revenues from all business to exceed $1 million per yr. Final objective is to internet (after bills) $1 million per yr. My objective is that over 60% of this income will come from my on-line companies.

2. Make my position with Alliance Wealth Administration, LLC to be extra of the face of the operation. I’ll conduct assessment conferences and joint preliminary conferences with greater purchasers, however a lot of the work shall be completed by my workforce. For this to succeed, I have to implement the plans acknowledged in my 1-year targets.

3. Content material producer (and solely content material producer) for Good Monetary Cents and {Dollars} and Roses. Content material would come with writing weblog posts which might be significant to me, conducting interviews, and producing movies. To permit me to concentrate on this, I want the next:

  • Safe a full-time weblog editor/affiliate supervisor who will proofread, schedule posts, and handle all affiliate alternatives.
  • Proceed to leverage freelance writers and VA’s to automate business.

4. Reside overseas with complete household for at least 3 weeks (4 most well-liked). My best nation is Australia.  This was really a 1-year objective, however my spouse thinks taking 3 younger boys (present ages are 6, 3, and a pair of) and residing overseas can be extra ache than it’s value.  At first I dismissed it, however then I remembered how our 2 year-old is usually a little bit of terror (see pic under).

I determine/hope/pray that in 3 years, the Rose fam shall be prepared for our first European (or Australian!) trip.  🙂

setting goals - crazy son

Lifetime Targets

1.  Religious chief of my family.   I need my children to see me first as a God-loving father who places his religion first earlier than success.  I wish to frequently love and help my spouse, and achieve this in an Godly method.

2. Reside a protracted and filling life with my spouse and household. Increase my children with the philosophies of: working arduous, however not sacrificing “work” for what you’re keen on; love first; and deal with folks with respect (Golden Rule)

3. Have a number of multiple-system pushed companies that produce >$100,000 a month of passive earnings.

4. Reside in a number of international locations (5+) for an prolonged time frame (minimal 3 weeks) with complete household

5.  Encourage over 1,000,000 folks to spend money on themselves.  This may be by means of conventional investing (Roth IRA, 401k), acquiring a better diploma or certification, or investing in a small business.  Extra on this objective within the coming months.

6. Be a profitable entrepreneur and best-selling writer of quite a few works. I wish to be acknowledged as as a tough employee who put his household and religion first.

What if I don’t obtain my targets?

Nice query!   If I don’t obtain my targets for that quarter, I don’t beat myself up over it.  The commonest purpose I don’t obtain a sure objective is as a result of one thing got here up that wasn’t anticipated that took precedence over the earlier objective.

Generally, although, the targets I don’t obtain are simply actually dangerous concepts, and I don’t notice that till I begin engaged on them.  I’m making an attempt to get higher at that, however the occasional dangerous concept nonetheless sneaks in.

Your Targets

As a reminder, I revisit these targets each quarter and make adjustments accordingly.  Revisiting these targets is what has been big for me.

When’s the final time you wrote down your targets?  Extra importantly, when’s the final time you’ve revisited them?

Free Obtain: Need the identical worksheet I used to jot down down my targets every quarter? Seize my Purpose Achiever Worksheet and put your targets into hyper drive. Obtain the free worksheet HERE.

Share your targets within the feedback part under.