Setting your goals

Saj Gupta · 06-29-2009, 12:46 AM

Back in Jan 2008 I was just fed up with my day job and had to decide to look for another one at another company or just do online marketing full time (which I had been doing since 2004 on part-time basis).

Part-time, I was putting in 1-2 hrs/day since 2004 that made me year over year enough that my wife never had to work so I was making my salary (at my day job) + enough that my wife would make with her teacher qualifications.

So quitting my job would mean I had to take a sudden fall of my 6 figure salary and be content with what I was anyways making part-time. But after reading a lot of success stories I decided to write my goals BEFORE making any drastic decision:

1) Jan 2008 set my Long Term goal that when I'm able to match or surpass my 6 figure salary using internet marketing, I'll quit my day job.
2) At the same time I set my short term goals on a weekly and monthly basis. My weekly goal was to make $900-$1100 or around $3600-$4400 monthly NET PROFIT.
3) By April 2008 I was meeting my short term goals and then it just plateaued until July 2008. I had no idea why I could not increase or exceed my short term goals.
4) Never gave up as I was still meeting my short term goals with an eye on long term.
5) I worked even harder from july 2008 onwards and by Oct 2008 i had met my long term goal, that is exceeding my salary and was making $350+ daily NET PROFIT.
6) Gave my 2 week notice and started full time online marketing in Nov 2008.

I'm here not to bore you with my story but to mention that you should set short term as well as long term goals. And write them. There was a 3 month sombering experience when I wasn't seeing the light of my long term goal and it kept frustrating me, however the short term goal allowed me to sleep in the night.

clubvikram · 06-29-2009, 02:01 AM

This is the great thread thread you have started,i wanted to know when you wrote your long term goal did you assign a deadline to it and were you able to meet it?Same with short term goals did you immediately started achieving them once you wrote or it took some time?

Hasan Barbary · 06-29-2009, 02:09 AM

You make a great point ~ it's more than just a feel good story about escaping the rat race (though, congrats, on that, as well).

I also like to break my goals into different time frames, I just call mine "short-term" (= daily/weekly) and "mid-term" (= 1 to 6 months), because the landscape of IM changes so fast.

Thanking for sharing this useful planning strategy!

gus89 · 06-29-2009, 11:21 AM

Congrats. It is very important to set goals especially when in this business!

Saj Gupta · 06-29-2009, 12:17 PM

Quote:

Originally Posted by clubvikram

This is the great thread thread you have started,i wanted to know when you wrote your long term goal did you assign a deadline to it and were you able to meet it?Same with short term goals did you immediately started achieving them once you wrote or it took some time?

I was very scared to right a deadline for my long term goal. This is because my long term goal was to quit my job and I didn't really want to do that until I made that much in IM. As for short-term yes definitely I had a day-to-day goal to achieve to meet my weekly 'quota'. And if yesterday didn't do too well, that means I need to work harder today to make up for the loss.

EmmaJames · 06-29-2009, 12:42 PM

Good for you.

I'm learning more and more about
goal setting in this forum and just how important
it is to put what you want on paper - placing it
where you can see it every day

It's awesome you weathered the storm and didn't
lose sight of your goal.

TeddyP · 06-29-2009, 12:44 PM

Great post.

I myself have set very unreasonable long term goals. yes I said "unreasonable". I believe it is important to dream big. My long term goals may seem unreasonable to people, but all great achievements were born of unreasonable goals.

I have plotted my way to these goals by breaking them up into short term goals that are not quite as unreasonable. This system has worked wonders for me.

Saj Gupta · 06-29-2009, 07:33 PM

Quote:

Originally Posted by TeddyP

Great post.

I myself have set very unreasonable long term goals. yes I said "unreasonable". I believe it is important to dream big. My long term goals may seem unreasonable to people, but all great achievements were born of unreasonable goals.

I have plotted my way to these goals by breaking them up into short term goals that are not quite as unreasonable. This system has worked wonders for me.

At least you are honest and accepted the fact that you had unreasonable goals - I'm sure folks with huge ego don't.

06-29-2009, 12:46 AM	#1
Saj Gupta Advanced Warrior War Room Member Join Date: Jun 2009 Location: Houston, TX Posts: 615 Thanks: 43 Thanked 32 Times in 19 Posts	Setting your goals - Long Term AND Short Term Back in Jan 2008 I was just fed up with my day job and had to decide to look for another one at another company or just do online marketing full time (which I had been doing since 2004 on part-time basis). Part-time, I was putting in 1-2 hrs/day since 2004 that made me year over year enough that my wife never had to work so I was making my salary (at my day job) + enough that my wife would make with her teacher qualifications. So quitting my job would mean I had to take a sudden fall of my 6 figure salary and be content with what I was anyways making part-time. But after reading a lot of success stories I decided to write my goals BEFORE making any drastic decision: 1) Jan 2008 set my Long Term goal that when I'm able to match or surpass my 6 figure salary using internet marketing, I'll quit my day job. 2) At the same time I set my short term goals on a weekly and monthly basis. My weekly goal was to make $900-$1100 or around $3600-$4400 monthly NET PROFIT. 3) By April 2008 I was meeting my short term goals and then it just plateaued until July 2008. I had no idea why I could not increase or exceed my short term goals. 4) Never gave up as I was still meeting my short term goals with an eye on long term. 5) I worked even harder from july 2008 onwards and by Oct 2008 i had met my long term goal, that is exceeding my salary and was making $350+ daily NET PROFIT. 6) Gave my 2 week notice and started full time online marketing in Nov 2008. I'm here not to bore you with my story but to mention that you should set short term as well as long term goals. And write them. There was a 3 month sombering experience when I wasn't seeing the light of my long term goal and it kept frustrating me, however the short term goal allowed me to sleep in the night.
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06-29-2009, 02:01 AM	#2
clubvikram Banned War Room Member Join Date: Apr 2008 Location: , , . Posts: 206 Thanks: 1 Thanked 12 Times in 11 Posts	Re: Setting your goals - Long Term AND Short Term This is the great thread thread you have started,i wanted to know when you wrote your long term goal did you assign a deadline to it and were you able to meet it?Same with short term goals did you immediately started achieving them once you wrote or it took some time?

06-29-2009, 02:09 AM	#3
Hasan Barbary Man on the Move... War Room Member Join Date: Mar 2009 Location: Philadelphia, PA Posts: 145 Thanks: 56 Thanked 31 Times in 21 Posts Social Networking Contact Info	Re: Setting your goals - Long Term AND Short Term You make a great point ~ it's more than just a feel good story about escaping the rat race (though, congrats, on that, as well). I also like to break my goals into different time frames, I just call mine "short-term" (= daily/weekly) and "mid-term" (= 1 to 6 months), because the landscape of IM changes so fast. Thanking for sharing this useful planning strategy!
	{*sig break*}

06-29-2009, 11:21 AM	#4
gus89 Active Warrior Join Date: Jun 2009 Posts: 33 Thanks: 0 Thanked 2 Times in 2 Posts	Re: Setting your goals - Long Term AND Short Term Congrats. It is very important to set goals especially when in this business!

06-29-2009, 12:42 PM	#6
EmmaJames Autoresponder Expert Join Date: Jun 2009 Location: North Carolina Posts: 128 Thanks: 17 Thanked 29 Times in 10 Posts Social Networking Contact Info	Re: Setting your goals - Long Term AND Short Term Good for you. I'm learning more and more about goal setting in this forum and just how important it is to put what you want on paper - placing it where you can see it every day It's awesome you weathered the storm and didn't lose sight of your goal.
	Love and Prosperity, Emma Custom AutoResponder Emails-Buy 3 Get 1 Free!

06-29-2009, 12:44 PM	#7
TeddyP HyperActive Warrior Join Date: Feb 2009 Location: Ontario, Canada Posts: 154 Thanks: 26 Thanked 33 Times in 28 Posts	Re: Setting your goals - Long Term AND Short Term Great post. I myself have set very unreasonable long term goals. yes I said "unreasonable". I believe it is important to dream big. My long term goals may seem unreasonable to people, but all great achievements were born of unreasonable goals. I have plotted my way to these goals by breaking them up into short term goals that are not quite as unreasonable. This system has worked wonders for me.
	Success \| The Man The Myth The Legend