Discovering the Power of Goal Setting: A Transformational Journey

As I sit down to reflect on my 10-year journey with The Strategic Coach, a game-changing program that has transformed my business and personal life, I am filled with excitement and gratitude. I want to share this powerful story with you, a reminder of the impact that setting and consistently revisiting goals can have on one’s life and business.

G.O.A.L.S. – Getting Out of Average to Loving Success

Before we dive into my story, let’s establish some context. I’m the founder of Good Financial Cents, a successful personal finance blog, and the CEO of my financial planning practice, Alliance Wealth Management. My wife, Mandy, and I also co-founded the online business, Dollars and Roses, dedicated to helping couples achieve financial success. It’s been an incredible journey so far.

My Goal Setting Transformation

About 10 years ago, I took the leap and joined The Strategic Coach, a program dedicated to helping entrepreneurs like myself achieve exponential growth. That one decision has been instrumental in changing my approach to entrepreneurship. Setting regular goals has become a crucial aspect of my success, and I’m eager to share my journey with you.

How Consistent Goal Setting Changed Everything

In the early stages of my entrepreneurial journey, I realized that setting goals was a valuable habit. I started writing them down every year, but I soon noticed a concerning trend – I would barely revisit them, let alone achieve the results I had set out for. Frustrated by the lack of progress, I knew I had to adjust my approach.

That’s when I started my coaching program, which not only helped me set goals but also created a framework for consistently reviewing and refining them. This newfound discipline revolutionized my business and personal life. It became a habit to celebrate victories, refocus on goals, and adapt dynamically to changes.

The Benefits

So, what did setting goals mean for me? Well, the benefits were substantial:

• Business Revenue: My revenue increased almost 100%, from a decent level to a more substantial one.
• Focusing on Passions: I learned to delegate tasks and focus on the aspects of my business that I truly loved.
• Structural Efficiency: I implemented systems and processes, allowing my team to take care of specific tasks, freeing me up to work on strategic initiatives.

My Current Goal List

I’d like to take a step back and share my current set of goals with you. These quarterly goals are a reflection of where I want to take my business and personal life over the next few months.

Quarterly Goals

1. Launch Good Financial Cents Podcast: This includes ordering intro art and recording at least 11 episodes by the end of the quarter.
2. Redesign Good Financial Cents Website: I’ve had a designer working on the design, and now it’s time to find someone to convert the design into a new WordPress theme.
3. Launch My Book on Wisebread: I’ll be creating a course with Wisebread, focusing on key principles, and offering it to both our audiences.
4. Schedule Disney Cruise With Family: We’re going on a family vacation, and it’ll be the first time we’ve taken one!
5. Complete Course for Wisebread: I’ll be producing high-quality content for Wisebread’s readers, and I’m excited about this new opportunity.

1-Year Goals

1. Gross Revenues from All Business to Exceed $750,000: This includes my financial planning practice, Alliance Wealth Management, and online businesses. The ultimate goal is to see if online revenue surpasses my financial planning practice.
2. Streamline Duties of Alliance Wealth Management, LLC: I’ll initiate systems and processes to allow my team to handle tasks and focus on strategic initiatives.
3. Release Administrative Duties of Good Financial Cents: I’ll be passing off tasks like scheduling, social media management, and content production.
4. Launch a Podcast for Dollars and Roses: We’ll be producing bi-weekly content for our audience.
5. Create a Content Producer Role for My Content Teams: I’ll be hiring someone to handle content creation, editing, and posting.

3-Year Goals

1. Total Revenues from All Business to Exceed $1 Million per Year: I want to net at least $1 million per year, with online business revenue making up 60% or more.
2. Make My Role at Alliance Wealth Management, LLC to Be More of the Face of the Operation: I’ll be conducting review meetings, while my team handles most tasks.
3. Content Producer (And Only Content Producer) for Good Financial Cents and Dollars and Roses: I’ll be focusing on content creation and inspiring a team to do the same.

Lifetime Goals

1. Spiritual Leader of My Household: I want to love God above all else and be an excellent husband and father.
2. Live a Long and Filling Life With My Family: I want to raise my children to have strong values, work ethic, and treat others with respect.
3. Have Multiple Businesses Producing >$100,000 a Month of Passive Income
4. Live in Multiple Countries for an Extended Period of Time: I dream of exploring the world with my family, sharing our experiences, and learning about other cultures.
5. Inspire Over 1,000,000 People to Invest in Themselves: I want to write multiple books, create courses, and become a bestselling author, inspiring others to prioritize self-improvement.

Final Thoughts

As I close out this chapter of my life, I realize that setting goals has transformed me and my business. It’s no longer just about achieving success – it’s about living a life that aligns with your values and passions. Regular goal setting has allowed me to create an entrepreneurial framework that propels growth, inspires creativity, and sparks joy.

Conclusion

Before I conclude, I’d love to ask you a question: What is one goal you’ve been putting off achieving? Write it down, and don’t forget to revisit it regularly. Sometimes the most significant obstacles in life come from not setting achievable targets and not staying committed.

In the next section, I’d love to address some common questions and encourage open discussion.

FAQs

What inspired you to join The Strategic Coach? For me, it was a sense of curiosity and a desire to optimize my growth as an entrepreneur.

How did you become so successful in your financial planning practice? It’s been a mix of education, hard work, and strategic relationships – and I’m grateful for my loyal client base.

What advice would you give to others who want to start their own podcast or blog? Start with quality content, consistency, and perseverance.

What are some of your biggest business and personal challenges? As someone in the financial planning industry, it can be frustrating to deal with regulatory changes or struggling clients. However, staying resilient, seeking support from trusted professionals, and prioritizing self-care helps to mitigate these challenges.

I hope that our conversation has inspired you to start creating your own goals and working toward making them a reality. Remember, growth comes from embracing challenges and striving to improve – and never stopping in your pursuit of excellence.

References:

• The Strategic Coach – https://www.strategiccoach.com

Dollars and Roses – https://marriagemore.com/

Wisebread – https://www.wisebread.com

FinCon – https://finconexpo.com/

Note: The original content included tables, images, and links, but to improve readability, I have removed or converted them to plain text. Please see the original article for the most recent updates and references.

Author: www.goodfinancialcents.com

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