Our most precious commodity

GENERATE REVENUE WHILE YOU SLEEP POST NO 05

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Our most precious commodity. What is it?

It will be different to different people.

If you ask me, to me, it is time. TIME IS MY MOST PRECIOUS COMMODITY.

We have a life span, a shelf life, x number of years, hours and seconds.

Because we have an expiry date, certain things that we would like to achieve, have to be achieved before the expiry date.

The problem is that we do not know exactly when we will expire. And therefore, we might postpone doing certain things because we think that we have a lot of time.

If you know exactly when you have to be at a certain place, it is very likely that you will be there at the appointed time, barring some unforeseen circumstances.

If you have a plane to catch and you know very well that the plane will not wait for you if you are late, what is the likelihood of you missing the plane? Zero.

We are more effective at producing results when we have a deadline. A deadline pushes us to take action before the deadline, because once we go beyond the deadline, we will be penalised, and if we cannot afford to be penalised, we will do something to avoid being penalised.

A classic example is a parking coupon that is about to expire in 5 minutes. You have parked your car, and you have not finished your shopping. You are faced with a choice. To continue shopping and be fined for not displaying a valid parking coupon or to stop shopping and walk back to your car and display another coupon.

Can you see how we are motivated by deadlines?

Another example is a favourite TV program you will not be caught missing. I will bet my last dollar that you will be sitting in front of the TV before your favourite program starts. How can I be so sure? Because when we want something badly, we will find a way. We will even create a way.

My contention than is that if you have not achieved what you wanted, it is because you do not want it badly enough.

Worth repeating.

YOU DO NOT WANT IT BADLY ENOUGH. THAT IS THE REASON YOU DID NOT ACHIEVE YOUR GOAL.

What are your goals?

Do you have deadlines with regards to your goals?

Who will penalise you if you do not achieve your goals by certain deadlines? will you let yourself off the hook if you go beyond your pre set deadline?

Are you going to hold yourself accountable?

If you have no self discipline, what kind of methods can you create to make sure that a deadline can be a positive motivating factor?, since there is very little likelihood of you penalising yourself.

Bottom line is, managing yourself is not for people who do not have self discipline.

Having goals is wonderful. But not having deadlines for your goal is pointless.

Have you set a deadline for your goals?. If yes, what are the penalties if you do not achieve your goals by the set deadline?

ARE YOU HUNGRY ENOUGH? THE MEASURE OF YOUR SUCCESS IS DETERMINED BY HOW HUNGRY YOU ARE.

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robertkiyosakicashflow@yahoo.com