Jo Han Mok’s Workshop and the Ultimate Goals Meme March 31, 2007
Posted by Andrew Wee in : Internet Marketing , trackbackIt’s 1030am and on the sidelines of Jo Han Mok’s Warp Speed Internet Marketing workshop:
I was looking through my blog and got tagged by Dawud Miracle for the Goal Setting meme originally started by Alex Shalman and have gone through eMom Wendy Piersall (winner of the recent Elite Retreat ticket)
Having taught life skills and goal setting specifically, I’ve noticed that many don’t include the following criteria: goals have to be:
- Specific: Include a measurement, so you’ll know when you’ve achieved it (a net worth of $x million, rather than merely “really rich!”)
- Time Specific: You need a timeframe. Theoretically we could all be millionaires, even if we’re earning just $1,000 a month. The problem is that at that rate, you might need to work till 305 years to achieve it. So goals don’t mean much without the time factor.
- Realistic: I use a “reality check” factor. If you’re a complete computer idiot, and you’re gunning for $1 million in your first year in Internet Marketing and you can spend 30 minutes a week on this. You might get slammed hard against the wall when you meet Mr Reality.
There’re other criteria too, but I’ll spare you the gory details.
So here’re my goals:
Goals:
- Professional Goal 1: Develop and have ready for launch one of my products by end June 2007. Shooting for 10,000 units sold by Dec 31st, 2007.
- Professional Goal 2: Launch and build a 1,000 strong social community by Dec 31st, 2007
- Professional Goal 3: Achieve a net worth of $5 million by December 31st, 2010.
- Family Goal 1: Continue to work on growing my family to 3 kids by 2009 (I’m 33% there…)
- Family Goal 2: To spend at least an hour of quality time with my wife every evening. (We’re both usually working on multiple projects at the same time.)
- Financial Goal 1: Grow my finances by 10% each year.
- Personal Development Goal 1: Spend at least an hour boning up on my IM knowledge each day.
- Personal Development Goal 2: Spend at least half an hour sorting out and outsourcing the paperwork each day. (It never ends…)
If you choose too, you can set goals dealing with the social, spiritual and other aspects of your life too.
Continuing this meme, I’m tagging:
Keep the ball rolling, guys…
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I’ve been wondering who Andrew Wee is. Now I have a better idea. Thanks for the link back. This was the first meme I did that I really enjoyed. Perhaps it’s the approach and the topic.
Hey Dawud,
Good to have you visit.
Look forward to seeing the meme continue to grow.
Thanks Andrew. It seems to be slowly spreading - which is nice. Thanks for being a part of it.
Great Post on Goal setting… I need to really set down and re-think my goals also. I been following your blog for awhile pretty good stuff. Thanks to wickedfire i would have never had found your blog:) Look forward to reading some more great post for you!!
Robert
Robert,
Good to have you visit.
I’m a little confused by Professional Goal 3 and Financial Goal 1.
I would assume (unless you already have a ton of money) you are talking about a large increase in your net worth. Wouldn’t your personal finances increase at more than 10%. Sorry if this is too personal.
Are you thinking of a digital product (no need to be specific) or “real” product?
Great post.
Hi,
To determine net worth I use = existing assets + income.
My goal is to grow existing assets by 10% each year.
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The range of products will encompass both physical and digital products.