Tuesday, October 17, 2017

Why I Can Be the Only 8% of People Who Reach the Goal Every Single Time

Losing weight, saving money, getting fit, quitting smoking… Haven’t you ever gotten excited about your New Year’s goals?
You’re not alone. Unfortunately, as studies show, most resolutions don’t go beyond the wishful thinking stage. A staggering 92 people out of 100 fail to achieve their New Year’s goals.1
When the “fresh start effect” fades away, motivation falters and the first bump on the road often signals the end of the journey. We end up the following year with the exact same goals, again and again –as if we were stuck in life.
There may be many reasons why people end up giving up on our goals. Here are some of the most common ones:
  • Picking up the wrong objectives;
  • Not setting the goal properly;
  • Setting the bar too high and feel overwhelmed;
  • Lacking guidance and support;
  • Not planning strategies for overcoming obstacles; etc.
But there is another one, a more obvious one, so obvious that most seem to forget about it: if we want to achieve a goal, we need to follow through. Setting the objective is a good start –but it’s only the beginning of the journey.
A lot of people have the misconception that when they have set a goal, they will be able to achieve it. It’s definitely not enough. We can’t expect success when we don’t follow through.
I have been setting and tracking goals for about 20 years now. It started after a deep teenager crisis which left my life as a mess. Setting goals was a way to rebuild myself, set eyes on a new horizon and move forward. Find out more about my story in another article I’ve written: How I Bounced Back From a Fiasco
Goals stayed with me since that day. When I started to work in investment banking a few years later, having goals helped me maintain a work-life balance and stay healthy in a high-pressure environment.
My approach to goals evolved over time. It started with a pen and a blank piece of paper; then an Excel spreadsheet; and finally, I built a goal-setting app called GOALMAP.
In total, I have set hundreds of goals and tracked hundreds of thousands of steps towards reaching them. If there is one secret I have learned and would like to share with you, it’s this one: tracking is the key. So let me try and explain how you can unlock the power of goal-tracking to build your dream life:

1. Be a S.T.A.R.

There is a lot of stress put on setting goals, but setting goals is just one of the phases of the overall success loop. If you want to achieve your goals and engage in a meaningful personal growth process, you need to take a broader approach.
I have a name for that. I call it the S.T.A.R. method: Set goals, Track progress, Analyze results, and Reset your goals. It’s a loop, a dynamic process.

2. Make your goals trackable

First things first, most objectives are bound to failure simply because they are not clearly defined. If your resolution is too vague, you can’t measure success and you can’t define a proper plan of action. It’s like saying “I want to go somewhere nice” to your GPS: it probably won’t help you.
Set your goal properly using the S.M.A.R.T. goal technique:

  • Specific: Your goals should be precise. You can’t hit the bull’s-eye if there is none. Don’t say “I want to lose weight” but rather “I want to lose 4 kilos by year-end”.
  • Measurable: Your goal should be quantified so that you know at any point in time whether you are on track or not. This will enable you to follow your progress on a regular basis.
  • Achievable: Don’t over-plan, be realistic, your objective must be within reach. If it’s too big, then try and break it into smaller manageable goals that you can achieve step by step.
  • Relevant: Your goals must be relevant to you, connected to your deepest aspirations and aligned with your personal values.
  • Time-bound: Your goal should have a deadline, or a recurrence (x times per day, y hours per week).

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