Why Investors with Strategic Goals Do Better Than Those with New Year's Resolutions

17min | 01/01/2025

Description

Ever wonder why we so often fail at New Year's Resolutions? What could you do this year to set strategic goals you can actually follow through on, instead of making the proverbial commitment to lose 10lbs that's gone after a week? In this episode, we talk about how you can give yourself the gift of follow-through this year.

The Master Passive Income Podcast Network welcomes listeners to the New Year with valuable insights into setting effective goals. Terry Shower dives into the common pitfalls of New Year’s resolutions, often abandoned shortly after being made, and presents a powerful alternative: strategic goal setting. By reflecting on the successes of the previous year, listeners are encouraged to celebrate their accomplishments before mapping out their aspirations for 2025. This approach not only cultivates a positive mindset but also aligns future goals with personal values and desires, enhancing accountability and motivation. The podcast emphasizes the importance of the SMART goal-setting framework—Specific, Measurable, Attainable, Relevant, and Time-bound—detailing how each component functions to create a structured pathway toward achieving one’s objectives.

Further, Shower elaborates on the distinction between outcome goals and habit goals, underlining that while we may aspire to reach significant milestones, it is the daily habits that ultimately drive success. By breaking down ambitious targets into actionable steps, listeners can manage their expectations and build momentum through small wins. The episode also highlights the role of visualization as a technique used by elite athletes to mentally prepare for success. By envisioning not only the goals but also the journey toward them, individuals can foster a deeper emotional connection to their objectives, increasing the likelihood of follow-through. With practical advice and personal anecdotes, this episode serves as an essential guide for anyone looking to make the most of the year ahead, transforming lofty dreams into attainable realities.

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

Hosted on Ausha. See ausha.co/privacy-policy for more information.

Description

Ever wonder why we so often fail at New Year's Resolutions? What could you do this year to set strategic goals you can actually follow through on, instead of making the proverbial commitment to lose 10lbs that's gone after a week? In this episode, we talk about how you can give yourself the gift of follow-through this year.

The Master Passive Income Podcast Network welcomes listeners to the New Year with valuable insights into setting effective goals. Terry Shower dives into the common pitfalls of New Year’s resolutions, often abandoned shortly after being made, and presents a powerful alternative: strategic goal setting. By reflecting on the successes of the previous year, listeners are encouraged to celebrate their accomplishments before mapping out their aspirations for 2025. This approach not only cultivates a positive mindset but also aligns future goals with personal values and desires, enhancing accountability and motivation. The podcast emphasizes the importance of the SMART goal-setting framework—Specific, Measurable, Attainable, Relevant, and Time-bound—detailing how each component functions to create a structured pathway toward achieving one’s objectives.

Further, Shower elaborates on the distinction between outcome goals and habit goals, underlining that while we may aspire to reach significant milestones, it is the daily habits that ultimately drive success. By breaking down ambitious targets into actionable steps, listeners can manage their expectations and build momentum through small wins. The episode also highlights the role of visualization as a technique used by elite athletes to mentally prepare for success. By envisioning not only the goals but also the journey toward them, individuals can foster a deeper emotional connection to their objectives, increasing the likelihood of follow-through. With practical advice and personal anecdotes, this episode serves as an essential guide for anyone looking to make the most of the year ahead, transforming lofty dreams into attainable realities.

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

Hosted on Ausha. See ausha.co/privacy-policy for more information.

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