Set a goal of making a million dollars and you’ll have a good chance of reaching it. Make no goals; you’ll have a good chance of reaching those too. When I was in high school I had a friend David that had a piece of paper over his desk with $1,000,000 printed in large black letters. I asked him what that was all about and he explained to me that was his goal. He wanted to make a million dollars and he wanted to make it soon. David not only reached that goal but I’m guessing surpassed it. At the same time, many people I knew had no goals, wandered through life, and have little to show for it. Set specific tangible goals, create a plan to reach those goal, measure your progress, and you’ll have a good chance of success.
Everyday David looked at his one million dollars sign and thought of ways to achieve the goal. Stocks, small businesses, other investments were all vehicles to achieve the goal. He set his sites, mapped out a course to achieve the goal, measured his successes and failures, and refined his strategy. I know when it comes to financial goals you’ve heard people like Suze Orman talk about taking steps toward financial freedom. Those steps start with a goal and then planning to reach that goal. You have a much better chance of getting to a destination if you know it’s location. After David set his specific goal, he mapped out the path to his success.
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