Property Goals – Why You Need To Set Them

by Kelvin Kingsley

13:34 PM, 13th August 2012
About 6 years ago

Property Goals – Why You Need To Set Them

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Property Goals – Why You Need To Set Them

Goal setting is the most important procedure and technique for achieving the desired success in life. “If you don’t know what you want then how can you achieve it?”

Goal setting is not a collection of New Year resolutions you verbally affirm and then forget about. It’s a process of settings targets and hitting them, and then setting new targets, and hitting them too.

Goal setting should be a continual process throughout your whole life that will make your life challenging, interesting and more successful.

Goals should be visualised, but a visualisation without a plan of action is just a dream and a plan of action without a vision is just drudgery. Whereas a visualisation combined with a plan of action equals success, growth and achievement; the accomplishment of a goal.

Your career and your life are as good as you expect them to be. Start with a picture in your mind of your goals already achieved in the future and then work back to the present; imagine the steps you would have taken to get from where you are now to where you want to be in the future.


“In life you cannot stand still; if you’re not going forward then you’re going backwards.”
“If the rate of change in your outside world is greater than the rate of change in your inside world, then you are in danger of becoming extinct.”

I always find it fascinating that most people plan their vacations with better care than they do their lives. Perhaps that is because ESCAPE is easier than change!

“You must be the change you want to see in the world.” – Ghandi

If you really need to escape what you are doing then you do not love what you are doing and if that’s the case then maybe you need to change what you are doing?

Remember life is short and we all have two choices, “We can make a living or we can design a life.” We all need powerful long range goals to help us past the short term obstacles. “So go to work on your goals and your goals will go to work on you.”

There are two ways to face the future, one way is with apprehension; the other is with anticipation.” – Jim Rohn


How to Set Your Property Goals

Firstly you need to decide upon your main definite purpose in terms of property investing and all short term goals must be congruent with this. Then you need to work out what needs to happen to you and your life in order to achieve these goals; what actions must you take and what skills must you acquire to make achieving these property goals easier?

There are three types of property goals; they are short term (1 to 2 year), medium term (3 to 5 years) and long term (5 to 10 years).

Tip: – Look forward into the future then work backwards; it’s a like creating a flight plan, choose your destination and plot a course with way points in between.

Ten Steps for Setting Your Property Goals

  1. Choose your property destination and individual property goals
  2. Not sure what your individual property goals are? Then brain storm to come up with a minimum of 5 big property goals and 10 small property goals; small goals are your property way points, they can be a mixture of new property acquisitions, increase property cash flow, and up-grading some properties ETC.
  3. Then assign a deadline or target completion date to each goal.
  4. Rationalise each goal one at a time to fully understand what it means to you and why you want to achieve it? This exercise will increase your desire and motivation.
  5. Then visualise and emotionally feel each goal as if you have already achieved it.
  6. Write down each goal and read it again and again on a regular basis. This will imprint each goal into your subconscious mind so that your sub conscious mind will go to work on providing you with all the solutions you need to accomplish your goals.
  7. As time progresses you must learn to evaluate your progress on each goal and make adjustments where and if necessary.
  8. Follow this same procedure for setting short term, mid-term and long term goals. Make sure they are all congruent with each other; remember you can’t be the leading PGA tour golfer and the top sales person at the same time.
  9. Note with big goals you must break them down into smaller bite sized chunks or mini goals within a big goal; remember to add deadlines to those mini goals too.
  10. Now it’s time for you to take off at full throttle; it’s time to take ACTION.

The setting goals exercise may take some time, just rework it and rework it until you arrive at your finished goals masterpiece. You can also use this same procedure for setting your Personal, Career and Business goals.

All successful people have a goal. No one can get anywhere unless he knows where he wants to go and what he wants to be or do. – Norman Vincent Peale



Comments

8:29 AM, 14th August 2012
About 6 years ago

“If the rate of change in your outside world is greater than the rate of change in your inside world, then you are in danger of becoming happy.”


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