6/11/2021 Tip: Set Specific Goals

Today’s Quote

“You can’t ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.”
~ Steve Jobs


Today’s Tip

I’ve mentioned becoming a millionaire several times lately. That is a great general idea, but it isn’t powerful enough of a goal to ignite action and feed passion.

You need to set very specific goals. Maybe you start with an annual income goal. Maybe you start with targeting a certain number of clients each month. Maybe you do both.

The more specific your goals, the more they will motivate and sustain you. Also, the ability to measure progress is key. If your goal is vague, how do you know if you are achieving it? Let’s say your goal is to become a millionaire in your lifetime. You are now 30 and you have $60,000 in the bank – are you on track? Are you encouraged or discouraged? Will you be happy if you reach one million dollars in your bank account on your 90th birthday?

Now let’s look at a specific goal. Let’s just say that this year your goal was to add 10 new clients per month and end the year with $570,000 in revenue. And now let’s say it’s December 31 and you look at your results. Your total clients for the year were 108 and your final revenue totaled $563,000. You achieved 90% of your client goal and 99% of your revenue goal. Now how do you feel? You probably feel pretty good because you came very close to achieving your goals. And your results are probably far superior than if you didn’t set the goals in the first place.


Today’s Resource

Are You Thinking Like a Millionaire Entrepreneur?

Do you know the real secret behind millionaire entrepreneurs is how they think about things?

Do you think millionaire entrepreneurs really:

  • Work 18 hours/day?
  • Are really smart?
  • Are lucky?
  • Were handed success based on who they already knew?
  • Had it easy (e.g., they came from a rich family)?

Well, the answer is NO.

The real force driving successful entrepreneurs is how they think about things.

My Millionaire Mindset program will quickly and easily teach you how to adopt this mindset.

You don’t have to be born a successful entrepreneur.

Just follow my blueprint here.



Today’s Question: What is the world’s most successful online music sales website?

Previous Question: What product invented by Frederick Walton in 1864 became so widely used and ‘stepped on’ that the name became generic just 14 years after its invention?

Answer: Linoleum. Linoleum is the generic term for a type of flooring that is used in rooms like kitchens and bathrooms.  It is also the first product to have a generic term associated with it. 

Today, there are a variety of different Linoleum products available that go by different names—usually things like Linoleum tile, etc. For this reason, consider trademarking your brand name or patenting any products you develop. 

Join our Tip of the Day

To get Growthink’s Tip of the Day delivered to your email inbox, enter your information below: