They are driven by a larger purpose in their lives
Most successful people know what their goals are with a great amount of clarity
What goals? Who has the time to sit and
think about life goals….. It is all good to talk about
these things when we are 2 beers down..!
You know that goals are very important. So, what are your
goals?
The Life planning * approach
If money was not a constraint, how different will your life be? What would you do?
If time was a constraint, how different will your life be? What would you do?
If time runs out, what would you regret?
Ask yourself the following questions. It will lead you to what you want from deep within.
The answers can be surprising
When you realise your mortality is inevitable, priorities get crystal clear
You will need a patient ear to encourage you to put in words.
Thoughts that you rejected long time back fearing they are impractical or funny
The core life goals, answers for purpose of life, regrets that will come to the death bed get a new lease of life
The destination for this journey gets defined.
It is a lot of fun planning for the journey.
You have to finish all unfinished work so you can go on that journey guilt free.
You pack and prepare. There is excitement and positivity.
Time, money and energy are focussed on making this journey happen.
This in itself is success mindset.
PREPARING FOR THE JOURNEY..
Your assets (current and future) are estimated
Your goals are given a more definite time and amount
And then the matching happens…
The early goals are met from low risk assets
The long term goals are met from high risk – high return assets
10 Years 5 Years 3 Years 1Year
High risk – high growth assetsLow risk – low growth assets
When goal is far away, invest in high risk high growth assets. Start even if with small amounts.
Your assets will grow with time, but the goal is nearing so cut the risks. Keep investing.
When you are further getting closer to goal, start consolidating and move to low risk assets. Keep investing.
Here we are, almost there. Sit back and relax. No risks, no worries, just happiness!
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