My 2010 Goals

By Chris at November 09, 2009 05:01
Filed Under: Goals

Almost every success manual / book / seminar / whatever all say the same thing. You need goals. No goals = no vision = no success = poor. Ok, so I made the last part up. But the idea of trying to become successful at something without any visible goals is kind of like running a marathon without a finish line. Can it be done? Sure, but it's a little harder in my opinion. I know from experience.

My goals are very attainable. I'll be disappointed if I don't hit them. The reason I'm putting them on here for all to see is very simple. Motivation... If I have others riding my butt to get them done, then they'll get done. I don't want someone here telling me that I'm a failure. I'm sure more than a few people will check back in from time to time to see if I have failed like they thought I would. But... No way am I failing at these goals. No way, no how, no sir.

Ok. On to my goals:

8% body fat by March 2010

This goal is for me. It will not benefit anyone except me. It's something that I've always wanted to do but never had the follow through to do it. I've been down to around 10% (I'm about 12-13% right now). It's not TERRIBLY difficult to do but I need to be more disciplined. The key to any workout regiment is eating right and consistency. Have a headache? Take some goodies and freaking work out. No excuses! I started this morning by running instead of walking. I will workout this afternoon. I have a pullup bar and a set of bowflex selecttech dumbbells. Did I mention I'll be doing P90x (mostly)? Ouch... It's tough. I will not be doing the FULL plyometrics workout because I have a problem with my left foot that prevents me getting an effective workout after 30 minutes or so of plyometics. Other than that it's full on...



50k in extra income by Dec 2010

I know what you're thinking... 50k in EXTRA income. Yes, 50k in EXTRA income. I already make a decent salary. Which, oddly enough, is a detriment in my case. The reason is that people with very little money seem to be MORE motivated to get themselves out of financial dire straights. I'm not in that position BUT I'm also not rich. Therefore the extra income will be used to better my position and become rich. I will end up only KEEPING 30k out of the 50k. Why? Taxes, savings and donations. I take 20% out for taxes (always too high), 10% for savings and 10% for donations. That means the IRS will get 10k (not really), my savings will go up 5k and various charities will get 5k. MOST LIKELY what will happen is that I will end up paying LESS in taxes and MORE to charity. The extra 30k will be used to pay off any debts (I have very little except my house) and to reinvest in my business(es) where I'm making the money.

 

Wholesale 10 homes by Dec 2010

Anyone make the correlation between this goal and the last goal? I'm hoping that the majority of the 50k comes from wholesaling homes. Why? Because it's a lot less time consuming to wholesale a single home and make 5k than it is to bill out 5k of work (in most cases). That's not to say that I won't continue to do consulting work I just hope to do less of it. I'm following Eric Medemar's system which is a LOT cheaper than most systems and I just really like the guys work. Not to mention I truly believe he's out to help as many people as possible. Of course he makes money doing it but why shouldn't he? Anyways, back to the goal. I believe that this is a very attainable goal. After I have wholesaled 10 homes I believe that I will be in a position to start to renovate and hold on to them as well. This will allow me to build up my passive income (income that is earned without working).

 

Spend one month away from home by Sep 2010

One of my biggest dreams is to travel around the world. This doesn't mean stay in Rome for a day, then on to Venice for a day, etc, etc. I mean TRAVEL!!! That means staying in places for more than a week. This goal isn't to stay in Italy (not this year, very soon) but rather somewhere in the US, Bahamas or US Virgin Islands for a month. The key is that I WILL BE WORKING when I visit. Notice I didn't say 1 month vacation. Right now I can't do that. It's a complete possibility is 2011. Sort of a working vacation. I need to see more of the US and the world. I really want my wife and kids to experience more than just what Florida has to offer. We have already visited New York City and the Bahamas in the past few years but obviously there is a lot more to the US and world than those places. Spending a month somewhere allows to say we REALLY visited that place.


So those are my big goals for now. You'll notice that I put a Goal Tracker on the right side of the blog. Feel free to check in from time to time to see if I'm keeping up with my goals.

 

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About Me

My name is Chris and I invite you to follow me on my journey through the How to become Rich and Happy book and other ventures I'm taking on to become rich and happy. I'm a 31 year old father of two girls, husband, software developer by trade and budding real estate investor.

 

Goal Tracker

These are my goals for 2010. As I hit (or miss) those goals they will kept here for everyone to see.


8% Bodyfat (currently at 12%) by 3/2010

Earn 50k in extra income by 12/2010 (0 out of 50k)

Wholesale 10 homes
by 12/2010 (0 out of 10)

Spend one month in summer away from home
by 9/2010