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Goal Setting
Presented By: Pat Lynch

       May 2012
Content of Presentation
   How is wealth created
   Introduction to Goal setting
   Four types
        - Personnel Development Goals
        - Thing Goals
        - Economic Goals
        - Business Goals
   Questions
How is Wealth Created?

 Four Stages of Wealth Creation


  1. Employee     3. Business owner


2. Self Employed 4. Investments


(From Active to Passive Wealth Creation)
Introduction to Goal Setting
 Goals   need to be SMART

 Simple
 Measurable
 Achievable
 Realistic
 Time    based
Introduction continued
   Key to all life time success
   Need to take them seriously
   Write them down - something happens when you write them down
   Best coaches teach fundamentals, reputation is the mother of skills
   With goals we create the future in advance
   Some goals do not inspire us
   Yale University 1953 class
   Coronal Sounders-Kentucky Fried Chicken
   What is real to you today is based on your past
   All the things you accumulate will not make you happy, it is what kind of
    person you become
   Money will not make you happy but the free time will
   Whatever we focus on consistently happens
   If you are inspired enough you will make it happen
Introduction continued
   When you set a goal you acknowledge that where you are now is not
    where you want to be
   Success can be a trap
   Pressure is a primary drivers of our actions
   What we focus on consistently happens
   We can change our goals any time
   Set goals twice a year, review them monthly and review key goals
    daily
Personnel Development Goals

   Who are you becoming
   Put yourself in a state that everything you want you will get
   Absolute expectation without limit
   What would you like to master
   What are your career goals
   Where would you like to go
   What would you like to be
   What skills do you want to have
   What character treats do you want to have
   What would you like to create
   What do you want to accomplish
   Anything you would like in next 1 to 20 years
Personnel Development Goals contd


 Now   you should have a decent list
 Now go through the list
 Goals are dreams without a deadline
 Put 1,3,5,10 or 20 or less next to the goals
  for the time you want to achieve it
 Now select the top 3 one year goals that you
  are absolutely committed to making sure
  that they happen in the next 12 months
Things Goals
 Ifno barriers what would you like
 Think of a child at Christmas
 Let your mind go wild
Things Goals
 2nd Step
 1,2,3,5,10,20 years
 You may not know how you will do it but
  the more committed you are the probability
  is that you will receive them sooner
 Now pick the top three for the next year
 Write why you are committed to have them
  in your life in the next year
Economic Goals
 Let
    your mind go wild
 Money goals
Economic Goals
 Where   do you want to be financially in 5
  years
 Now put 1,3,5,10 and 20 after each point
 Take top 3 one year goals and write why
  you are committed to making sure it
  happens
Business Goals
 Where  do you want your business to be in 1
  year or say 5 years
 Again let your mind go wild
 There is nothing to stop you
Business Goals

 Now  put 1,3,5,10 and 20 after each point
 Take top 3 one year goals and write why
  you are committed to making sure it
  happens
Conclusion
 How   would you feel if all these are
  achieved
 Put them up to view them daily
 Now take action on each one of the goals to
  ensure something happens
 Take massive action
 Do rocking chair test
Conclusion
 Think about the magic created to day
 Imagine you are there
 Today is beginning of new life
 Success comes from taking those initial
  steps
Action Plan: Learn to Drive
                                               Do
                      Celebrate               Theory
                        W13                    Test
                                               W1


                                                             Apply for
        Sit Test
                                                               Prov
         W13
                                                              Lic.W2




     Do Mock
                                                                     Get Car
       Test
                                                                      W4
       W11




               Practice                                Get lessons
                W10                                     W5 to8
                                  Apply for
                                    Test
                                    W9
Questions & Answers
 Questions

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Goal Setting by Pat Lynch

  • 1. Goal Setting Presented By: Pat Lynch May 2012
  • 2. Content of Presentation  How is wealth created  Introduction to Goal setting  Four types - Personnel Development Goals - Thing Goals - Economic Goals - Business Goals  Questions
  • 3. How is Wealth Created? Four Stages of Wealth Creation 1. Employee 3. Business owner 2. Self Employed 4. Investments (From Active to Passive Wealth Creation)
  • 4. Introduction to Goal Setting  Goals need to be SMART  Simple  Measurable  Achievable  Realistic  Time based
  • 5. Introduction continued  Key to all life time success  Need to take them seriously  Write them down - something happens when you write them down  Best coaches teach fundamentals, reputation is the mother of skills  With goals we create the future in advance  Some goals do not inspire us  Yale University 1953 class  Coronal Sounders-Kentucky Fried Chicken  What is real to you today is based on your past  All the things you accumulate will not make you happy, it is what kind of person you become  Money will not make you happy but the free time will  Whatever we focus on consistently happens  If you are inspired enough you will make it happen
  • 6. Introduction continued  When you set a goal you acknowledge that where you are now is not where you want to be  Success can be a trap  Pressure is a primary drivers of our actions  What we focus on consistently happens  We can change our goals any time  Set goals twice a year, review them monthly and review key goals daily
  • 7. Personnel Development Goals  Who are you becoming  Put yourself in a state that everything you want you will get  Absolute expectation without limit  What would you like to master  What are your career goals  Where would you like to go  What would you like to be  What skills do you want to have  What character treats do you want to have  What would you like to create  What do you want to accomplish  Anything you would like in next 1 to 20 years
  • 8. Personnel Development Goals contd  Now you should have a decent list  Now go through the list  Goals are dreams without a deadline  Put 1,3,5,10 or 20 or less next to the goals for the time you want to achieve it  Now select the top 3 one year goals that you are absolutely committed to making sure that they happen in the next 12 months
  • 9. Things Goals  Ifno barriers what would you like  Think of a child at Christmas  Let your mind go wild
  • 10. Things Goals  2nd Step  1,2,3,5,10,20 years  You may not know how you will do it but the more committed you are the probability is that you will receive them sooner  Now pick the top three for the next year  Write why you are committed to have them in your life in the next year
  • 11. Economic Goals  Let your mind go wild  Money goals
  • 12. Economic Goals  Where do you want to be financially in 5 years  Now put 1,3,5,10 and 20 after each point  Take top 3 one year goals and write why you are committed to making sure it happens
  • 13. Business Goals  Where do you want your business to be in 1 year or say 5 years  Again let your mind go wild  There is nothing to stop you
  • 14. Business Goals  Now put 1,3,5,10 and 20 after each point  Take top 3 one year goals and write why you are committed to making sure it happens
  • 15. Conclusion  How would you feel if all these are achieved  Put them up to view them daily  Now take action on each one of the goals to ensure something happens  Take massive action  Do rocking chair test
  • 16. Conclusion  Think about the magic created to day  Imagine you are there  Today is beginning of new life  Success comes from taking those initial steps
  • 17. Action Plan: Learn to Drive Do Celebrate Theory W13 Test W1 Apply for Sit Test Prov W13 Lic.W2 Do Mock Get Car Test W4 W11 Practice Get lessons W10 W5 to8 Apply for Test W9