What if you focused on your system instead of just your goals?
Setting goals for a new year can feel overwhelming. We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s a clearer path for setting and reaching your goals.
What is Your System?
Maybe it’s time to try something different, like what personal coach, James Clear discusses in his excellent writings about the difference between goals and systems.
“If you’re a coach, your goal is to win a championship,” Clear writes. “Your system is what your team does at practice each day. If you’re a writer, your goal is to write a book and your system is the writing schedule you follow each week. If you’re an entrepreneur, your goal is to build a million-dollar business and your system is your sales and marketing.”
Utilizing Clear’s approach can help spark new thinking in us regarding this year’s goal setting. Create your own goal-setting template with just three short sets of questions.
Review 2022’s Successes
What did you accomplish in 2022?
Large and small, all your successes build toward your long-term vision. We all tend to dwell on what we didn’t accomplish more than on what we did, so take a few minutes to counter that natural tendency, and prime your goal-setting mechanisms. List your achievements on paper and remind yourself of what you did accomplish last year.
Plan 2023’s Successes
What would you like to accomplish in 2023?
Give your imagination some space and think about what you want done by the time you sit down at your desk in the first week of 2024, and look back at another successful year. Write down these goals on the right-hand side of the paper and think about how you’ll feel when those turn into accomplishments on 2023’s success list.
What do You Need to Succeed?
What do you need to do to accomplish your 2023 goals? Skills to learn? Habits to acquire?
List these questions in the middle of the page and let your brain connect your positive past to your envisioned future. What must you do to make those goals a reality? What habits and skills do you need to develop? What connections do you need to make? Like Clear advises, focus on systems and habits.
We work with our clients in much the same way when creating a financial plan to meet lifestyle and retirement goals. A gap analysis of where you are today and where you want to be, helps outline the steps you need to take to reach them. We focus on building your long-term vision and understanding the short-term actions to take along the way. A systematic review of your plan may reveal adjustments in your asset allocations, contribution schedule, tax-savings options, risk tolerance, or goal timeline.
Our Wealth Advisors can assist you in thinking about your future, and the positive changes you can start to make today. As this new year of opportunities begins, focus on building positive habits toward the goals that you seek for yourself, your family, and your business. At Biondo Investment Advisors, we look forward to celebrating your 2023 successes.
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