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Goal Setting is For Losers

January 28, 2010  |   Author:  Matt Morris


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The Unemployed Millionaire Show: Episode 16


If you’re like me, you’ve heard how powerful goal setting can be but you’re fed up with setting goal after goal with grand ambitions – only to fall short. It makes you feel like giving up on goal setting altogether; which I actually considered just a few short years ago, until I came across this old saying:

“Dreams keep you going, but your goals keep you on track.”

I realized I wasn’t fed up with setting goals – I was fed up with the process of setting goals so I made a few strategic revisions to my goal setting system…

Set Goals With Your Subconscious in Mind

Take a look at this principle that was introduced in The Unemployed Millionaire Show: Episode 15:

“Our subconscious mind absorbs every single word, action, and thought leading to a negative or positive result for our self-identity.”

When we follow the principles traditionally taught in goal-setting, our subconscious mind is programmed to focus on what we don’t have yet. For example, when we say “My goal is to become a millionaire” our subconscious mind is programmed with “I’m not a millionaire just yet” which leads to a weak self-identity.

To be effective, you must state your goals in the present as if they’re already true, which will program your subconscious mind to find a way to turn your goals into reality.

Specify The Details

Another important strategy in goal setting The Unemployed Millionaire way, is being extremely specific. Here’s what I mean:

Traditional Goal Setting: I want to become more fit by this time next year.

Unemployed Millionaire Goal Setting: I am a world-class triathlete by April 3, 2010.

See the difference? By Goal Setting Unemployed Millionaire style, you are creating specific goals with specific deadlines which will lead to specific results!

Goal Setting with a Purpose

The most important question to ask yourself when you set any type of goal is WHY? To harness your true motivation, you must have a purpose that burns inside of you and you must state that purpose when writing your goal.

Develop a Plan

We’ve all been to a meeting where there’s no agenda… Tons of time is wasted because there isn’t a road map to follow!

Similarly, tons of time is wasted when we set specific goals but don’t create a plan of action for achievement. You are much more likely to achieve a goal if you spell out exactly what you’re going to do to reach the goal….

By the way, the next episode of The Unemployed Millionaire Show: An Entrepreneur’s Guide to Lifestyle Freedom is all about action management. Be sure to subscribe using the links to the top left so you can watch it as soon as it’s released!

Final Tips for True Goal-Setting Success

Here’s a quick review of my Unemployed Millionaire Goal-Setting Formula:

1. You must have a specific goal.

2. You must have a specific time frame for goal achievement.

3. You must write your goal down.

4. You must determine a compelling purpose -  A WHY!

5. You must develop an action plan.

6. You must think about and look at your goal every day.

In reality, true success happens when your life is balanced overall. When you are goal-setting, consider all aspects of your life: health and fitness, family and relationships, business and finances, personal learning and growth, and fun and personal fulfillment.

It seems like just a few short hours ago I was crushing a few rookies at Texas Hold ‘Em and ushering in the New Year… But now, we’re only 3 days away from the end of January 2010?!?

Time flies so go revisit your 2010 goals now. What are you going to do/see/change/become to make this year your best year EVER?  I’d love to hear your answer in the comments section below!

If you want even more information on goal setting, purchase your copy of The Unemployed Millionaire right here: http://www.MattMorris.com/book. (You’ll also feed 5 hungry children and get access to over $2,000 in bonus success education materials!)

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  • I LOVE this section of your book baby! My favorite of our goals is World-Schooling our children. I can't wait to take Zara and our future children around the world for their "history lessons". Thank you for being such an inspiration to me and our family. I love you with all my heart!
  • Matt, I am always so excited when i see an email from you. Introducing me to success university has been one of the best things that has happened to me. The goal setting technique you have given us is really user friendly. Thank you for all your hard work. God bless you
  • Angelo
    I been reading all and I meen all of you information ..emails etc..thanks to you Matt this is my year.
    Thx Angelo
  • Alan
    Hi Matt,

    Your book has impress me and my sister who are decide to quit her management position job and start to be her own boss.

    Your goal setting technique was great and I have set 5 goal below to myself for 2010.

    - Certified PMP to get better income
    - Find the Multiple Source of Income
    - Clear off all the bad debt
    - Read at least 12 books per year (Keep improved myself)
    - Change the bad habits (Like waste alot time for TV show, over spend money for dining, etc)
  • Awesome!
  • Ferdinand
    Matt, can you improve on my affirmation:
    I am a Business Development Director with a group production of 2.2billion on (or by?) December 1, 2010.

    Thanks a lot.
    Ferdinand
  • Really good stuff Mr. Morris. I really like the goal setting in the affirmative suggestion. I have been saying 2010 is the year I become a millionaire. Now I am going to say I am a millionaire by _______ (I haven't set the date yet :-)

    Keep up the great motivation!
  • oops, there I did it again. Not a millionaire by, but ON _________
  • Hey Matt!

    You taught this to me last year, and it helped me to create my year in 2009.

    This year, I did it again, but found it was MUCH easier. (Moving up the scale of Conscious Competence)

    I go over my 8 pages of single spaced goals, every morning from 7:00 - 7:30am...my subconscious mind is soaking it all in...and I've already achieved more than 10% of my planned 2010 goals.

    I have in turn taught this to my team. I wanted to pass this on as I know you value making a positive impact on the planet.

    One of my main goals is to really become a master of SEO (Search Engine Optimization), and have my internet marketing traffic coming into me for months & years to come. (This is something I have always put off for the past few years.)

    I also have very aggressive personal development goals, which include 2-2.5 hours/day, 6 days/week of reading books, watching videos, and taking courses.

    I appreciate all you've done for my life Matt! I will always call you one of my "mentors", as I've learned an incredible amount from you, as well as those you've introduced me to. (Tony Robbins, etc.)
  • Hey Jason,

    Thank you Sir. A sincere honor to be friends... you're destined for huge success and I have zero doubt you'll have an unbelievable lifestyle in the near future.

    It's amazing how after just a few months how much SEO traffic we're getting on the blog here. I can't even imagine what it will be like after a couple years.

    Call anytime my Brother!
  • Thanks very much Matt. My goal is to build $30,000 monthly passive residual income in my Genewize network marketing business by Jan. 30, 2011 so I will travel the world empowering teens on sucess principles, entrepreneurship as an alternative to jobs that standard education teaches students and also build utra-modern technological schools in developing countries.Please, help me out.
  • Dawn
    I achieved one of my major goals the last part of 2009 by breaking it into bite-size chunks, which I tackled each day. I now am approaching another goal the same way. Because I know I can accomplish a small part each day, it gives me the motivation and energy to get the job done. No more procrastinating until "someday" when I have the time to do it all.
  • Once again you hit the nail on the head! Thank you Matt
  • My number one goal for 2010 is to write and sell my first book. Ironically, my book is all about goal setting and achievement. It's ironic because it's been very difficult for me to reach the level of discipline I need to make it happen as fast as I want to. Matt, I really love how you've focused on the "Why" of the goal because it truly is the driving force behind everything. Nice work!
  • Hey Jeff,

    Just make sure to put an appt in your schedule each day or at least a few times a week to block out everything so you can focus on writing.

    Looking forward to reading your book!
  • My goal is to learn and master how to run a seminar training biz to earn a net income of $25,000 per quarter by 31st Jan 2011.

    I wanna master the art and science of marketing and fill rooms with ease.

    Matt, if you have any distinctions or learnings you had gleaned in your journey, I'll be honoured to learn what you wanna share.

    Also any resources you can point me to so I read the 5 books/ audios/ seminars to be an expert.

    Thank you for your 7 Keys to 7 Figures. It got me started in SuccessUniversity and made me realise my passion and natural skill in selling.

    Perry
  • Hey Perry, check out Jenny Hamby's material. She's got some great stuff.

    All the best!
  • Matt,

    Your goal setting approach is very powerful. I finished your book in December in time to set my goals for the start of 2010. I review them every morning just as you suggest and I can see myself inching closer to them each and every day. Thank you for the guidance!

    Brian
  • Hi Matt,

    Great Video, Goal Setting is CRUCIAL for success.

    I love goal setting it gets me excited! about me reaching where I want to go!

    2010 is going to be the BEST year ever!

    All the best

    Simon
  • Another great post Matt,

    Setting goals is something that I often ignored in the past. Lately, I have been able to make GIANT steps from doing so. Even though I had problems with my computer for a couple of weeks this year, I am still on pace to accomplish my goals this month. I started making monthly and yearly goals. To tell you the truth, I plan on exceeding all of my monthly goals every month. I am finally in the position to work from home full time and give GOD all of the THANKS in the world for making me aware that it was possible.

    GOD IS GOOD - ALL OF THE TIME


    Check out this blog post from my new blog
    Why Self Esteem And Success Go Hand In Hand

    To your success,

    Damon Jennings

    Ps:Before you can succeed online you have to believe in yourself.
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