03.20.22 - Future goals current goals
03.20.22 - Future goals current goals
Dear investor,
I hope your month is going according to plan or better.
Yesterday I spent some time preparing for my quarterly review. Each quarter, I make a point to review the last 90 days and make sure I’m in alignment.
You should be doing this if you’re not already.
Here is why: your time is like water. It will often hunt for the path of least resistance. Sometimes I find myself looking up after several minutes wondering, “what have I been doing just now?” If this can happen for a period of minutes (scrolling Facebook, Twitter, messages, etc), then it can just as easily happen for a period of months.
This is the danger zone. Whenever I meet someone who feels convinced that life is not fair and they’re doing everything right — I know 100% almost instantly that the reality is much simpler: they’re just wasting time, and unaware of it.
Review periods help you avoid this or rectify quickly when they happen.
A quick lesson on goals and then it’s onward to the rest of the week. I’ll likely be flying to California for some business meetings as you read this, but this is important:
Split your goals into current goals & future goals.
With as fast as time changes in today’s day and age, it is just not realistic that you can get true clarity for 10-years out. This used to be possible, but it’s not anymore. We might have flying cars in 10 years… nobody knows what kind of technology will exist or even what opportunities will be around.
The solution to this is to break apart goals into “current” and “future.” My future goals are lofty & unclear. For instance, I want to have $1B assets under management (but I do not know which asset class I will predominantly buy in). I want to exit a holdings company for $250M (but I do not know which companies will comprise the $250M purchase price).
Current goals are much more specific. For instance: $890k per month in revenue for a new service education brand. Another: 25,000 investors on my newsletter (that you’re reading now). Not 40,000… not 11,000 — I want 25,000. I can get there and then adjust as necessary.
Most of my current goals have a due date on them, making them even more clear.
The beauty is, I am using my future goals to “guide” to a degree my current goals — but they are not the same things nor do they need to be. My future goals are designed to create a “GAP” between what I know how to do and what I want. That gap is good, that gap is powerful.
Your current goals are things you know how to do, you just gotta execute.
All I have for you today, let’s go win.
Taylor
P.S. Today is my birthday… as such, I have a special gift for you, if you want it. Go here to find out more. This is for today only, happy Sunday!
