Tuesday, January 19, 2010

To Move On


It is a brand new year of 2010, what resolutions you have in mind? How are you planning to complete your resolutions?

It is very important to have your goals and objectives in written form. If you think it is not necessary as you can always remember it in mind, I bet you will never act towards your goals it is human nature. From my observation, human beings are rather passive if they have no motivations to move on. Motivations may include written goals and objectives as they act as a cue.

When your resolutions are in written form, keep it at an easy access place, like on your study desk, on the edge of your computer monitor, on your fridge etc, so that you will be able to retrieve it easily and as a reminder to you to move on. Or else, they will be just like what we Chinese called it “white elephants”. I always come back to my written goals as to remind me my targets as well as to review my progress. It really makes you move. Try it.

When setting your goals, they must be realistic and measurable. For example, you are targeting to have your annual investment return at 10% p.a., it is realistic and measurable than if you set your target at 50% p.a. while Warren Buffet is earning about 25% p.a. You want to keep your weight at 60kg from 70kg throughout the year. It is realistic and measurable than you want to keep your weight at 40kg. Unless you take extreme measure and still able to keep your overall health OK, it is very irrational to have more than 40% weight loss.

You may ask how to evaluate those immeasurable items. Well, it is totally depends on your own personal judgment. For example, you resolute to have at least 3 hours quality time daily with your family to obtain life happiness. 3 hours daily is measurable while happiness can only be judged by your own self. You achieve your objective if you feel really happy or vice-versa. Only you can tell your own heart whether you are happy or not.

Of course, your goals and objectives are still nothing without action. You definitely need action plans to allow you to move towards your goals and objectives. For example, think about how do you plan to do to achieve 10% p.a. return on overall investment? May be you can have higher allocation on share investment but definitely with higher risk. Can you handle? How do you squeeze out 3 hours a daily with you family? No OT? Be home timely? Or what else can you do to have 3 quality hours with family? Of course, these action plan shall be in written form as well.

For every goals and objectives, you should also give your self a date line to achieve. Should your Goal A to be completed by mid-2010 and your Goal B is an continual process. Write them down as well.

By now, you should have all your goals, action plan and date line set. Now, start action. Everyone has 24 hours a day. Not more, not less. Use it wisely towards your goals and objective.

Enjoy your journey towards your personal success.

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