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Goals: Part I

by Steve Zolotow |  Published: Jan 30, 2019


As I write this column, it is nearly 2019. By the time you read it, 2019 will be well underway. Many people use this time to make New Year’s Resolutions and set goals for the new year. This is always a useful exercise. The general idea is to chose goals that lead you to take actions. The actions are what will enable you to achieve your goal. Usually this means breaking big goals (macro goals) into smaller goals (micro goals.) Someone once did a study of the most financially successful graduates of Harvard Business School and found that nearly everyone in the top 10 percent followed some sort of planning, goal setting and daily-action regimen, while almost no one in the bottom 10 percent did. Goals should be quantifiable and stated positively. The reason a goal should be quantifiable is to allow you to know when it has been achieved. ...

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