The 3 G’s of Success is the Seventh in a series of articles to help you reach your goal. What are your goals? I know you thought about it! You know, it is your dream, wish or resolution you made! Before you can get to where you want to be, you need to know where you are going. You wouldn’t get on a bus, train or plane without knowing where it was going.
Goals have been a big part of my life. Goals like good grades, savings, a car, college, home, a good career and financial freedom. Those are just a few, but important ones. Everything I wanted turned into goals, although I did not know it at the time. I just wrote down something and created a plan to achieve it. It started early, but I will give you the most interesting one. When I was in college, I wanted to meet this girl.
Of course, my friends encouraged me! I had my doubts because I did not have a car or money. I was and still rather shy, although I overcame most of it. I wrote her name down on a card and put it on my mirror. I went out of my way to run into her. I thought if she got to know me, she would like me. Keeping her name in front of me was a way to stay focused. To make a long story short, I met her and we dated for a while, but nothing came of it. This small experience taught me I could do anything!
My parents lived through the Great Depression which influenced their attitude on money. My mother’s first credit card was when she was in her 60s! When she opened her store, she did not take out a loan, she saved for it. My father started his business in a tailor shop and it evolved into a coat factory. My parents were very careful with money and influenced my thinking. The only debt they ever had was a mortgage. They bought a second (country) home with cash. Yes, parents influence their kids!
What separates successful people from unsuccessful people is simple. I adopted a phrase that I have made my own which is “Impossible is just an opinion”! My immigrant parents were not supposed to be successful, they just worked hard. They beat the odds! I saw that first hand, but I didn’t realize it at the time. I later realized, they didn’t know they were not supposed to succeed. They just did it! I am definitely like my parents and I don’t know that I am not supposed to succeed. I just keep trying and never give up.
One of the most important steps of success is goals. What are you trying to achieve? Setting a goal is the best way to focus your efforts and motivate yourself to achieve it. Goals range from saving up a down payment for that first home, losing weight, earning more money, starting a business, or going to college. You can use SMART goals to establish your goal. Take your goals and break them down into daily tasks. Monitor your progress daily/weekly/monthly and adjust your effort to achieve your goals. Put together a plan that details what steps you will take to achieve your goal. What are you going to do?
Get Out of Debt
Getting out of debt can be a goal or a lifetime journey. I am talking about consumer debt vs. mortgages. The very first thing to do is to stop adding to the debt. So spend less money! The next thing you can do is find additional money to reduce the debt. So you can lower your expenses or earn more money. Next, you need to reduce the debt. You can negotiate better terms, lower interest rates or transfer the balance to a lower interest rate credit card or other loan. Last, pay off your debt.
Many people talk about good and bad debt. Some debt may be better than others if the debt is paying for an asset that increases in value. Some think of real estate as an asset that increases in value, but in the last few years that changed. Debt for education is an asset that increases in value! Do you really want to make those payments for 10-20 years? Car loans and most credit card purchases are not assets and usually go down in value. The interest adds up fast! Do you want to make payments after the product is worthless or useless?
Go for It
Many of us think about our dreams, wishes and goals for a lifetime! You know what I mean, it is that great career, car, home or future. Everyone dreams of riches, but not many actually turn it into something. It takes a decision to “go for it”. Most successful people set goals and execute their plan. What stops you? Success is never the dream it is the result of planning and hard work to make it happen. There is a risk in trying to achieve great things, it is failure! The other side is if you do not try, you already failed.
Going for it means putting together goals and plans to achieve it. It also means you are putting everything into it. All the motivation, energy and enthusiasm to make it work and to keep trying to succeed when it doesn’t work. What do you do? Most people who do not succeed give up too soon or never try to begin with. Many people never achieve their dreams because they let fear of failure stop them. If you put enough effort into a goal, you can achieve anything. I know I did!
This is the seventh article in the series about success; I expect to publish throughout 2012. There will be twenty-six (26) of them, one for each letter of the alphabet. The 3 G’s of success are goals, get out of debt and go for it. I think everyone wants success in life; business and career; however it takes a concerted effort to reach success. “The difference between the impossible and the possible lies in a man’s determination.” Tommy Lasorda sums it up much better than I can!
I started this series because I run into so many people who have difficulty reaching success. They want to know my secrets! So I thought I would share them in a format that will be most helpful. I also think this format may make it more interesting and easier to use. My goal in these articles to provide useful and interesting information that will help you succeed. The 3 G’s of Success is now a series.
Photo by: stevendepolo