Process Goals

When you have set a goal to achieve say… in  3 years time. Process goals are like baby steps leading to it. For example, you have set to lose 10kg in 6 months time. Your process goals should be something like to exercise 2hrs daily, to have a healthy diet every weekdays etc. Its the process that you want to be committed to in your journey to reached that milestone. I believe alot of many people failed to achieved and maintained their goal partly because they didn’t set their process goals or plan it properly.

For example, losing 10pounds to 20 pounds of weight is easy comparing to keeping it off… that’s where process goals comes in as its helps you to build a routine and as time goes by, a habit and in time to come, that process becomes a part of your life. So the next time when you are brainstorming to set a goal. Think of the process goals that you are willing to committed to perform along the way.

Your Actions Must be Congruent with your Goals.

1st of all. I would like to thanks those who have left some precious comments on some of my posts and I appreciate your map of thoughts. There is a quote saying:” The Map is not the territory” and how true it is. Through your comments I get to appreciate your maps and boarden mine at the same time.

So my view is that in order to achieve what you want. Your strategy and action must related or congruent to your Goals. You can’t be planning to travel to the East and yet you are driving to the West. Yet majority if the ppl out there neglected this simple logic and even I, sometimes falls into a victim of it.

So one way to solve this problem, is to spent 1 hour every week standing in front of your goals (which you have put it onto a piece of paper and paste it on the wall) and do some self reflecting like:

• What have I done for the past week that is related to my goals and how can I improve further?
• What other activities that I can do to reach my goals faster?

So by investing in 1 hour per week to self reflect on your goals helps you to stay in focus and prevents you from straying off your course.

Education = Scam?

On one of the recent comments left by my friend who thinks that education doesn’t guarantee you job security and education itself is a legalised scam. I respect his views and however, isn’t your diploma of degree that gives you that office 9 to 5 job? Isn’t your Master’s degree or Phd that gives you that high salary? Do you know that some of the employees in Google were already millionaires and do you think that they are not educated?

All I can say is that it all depends on what do you want to become 5 or 10 years down the road and what it takes to become one. Becoming a millionaire does not necessary need to have a degree or Phd but becoming a lawyer or doctor needs to spend years in schools to get their degree and more years of education to get their license in order to fight your court case or perform surgery on someone else.

So lets face it. Singapore is a society based on qualifications and paper and unless you wanted to be your own boss (which is not what I want). You gotta have the necessary experience, skill-sets and qualifications in order to land onto that job which you always wanted. So even if some of you thinks that education is a legalised scam, you still need to depend on that piece of paper to get your paycheck every end of the month. Period…

Stick to the Plan! You are responsible for your own Destiny!

I’m someone who is easily swayed by influence of people. After getting advices from many ppl sort of confused me of my goals that i’ve set to achieved by my next birthday. Should I still take up this course? should I keep change job now or should I bath myself tonight? After digesting all the pros and cons of suggestions and advice, I came to a conclusion and that is… STICK TO THE FUCKING PLAN!

I, myself design my own destiny and only I am responsible for all the choices that I’ve made for myself. I will be open to all suggestion but in the end, the decision is done by me and whatever mistake or failures which I may encounter, I’m responsible for it. If my best buddy can balance out his time between work, studies, part-time business and his girlfriend, so can I!

Questions and Answers for your Goals

Have you ever start to have doubts and concerns about the goals that you had set? At certain point of time it happened to me and I begin asking myself questions with regards to my goals like: “Why I choose this strategy?” ” Why is it so important for me to acheive it?” etc. So I find it helpful to write the questions and doubts that you have for yourself and write it down on a piece of paper. Then spend time to think of an answers and write below all each of the doubts. It helps to gain clarity and focus on your goals.  An example below shown for my goals to become a full time professional trader:

Qns: Why do you choose to spend 15k to study for a degree instead of saving that money for trading?

Ans: Studying for a degree helps me to achieve 3 objectives:

1. To get a higher salary since the diference between a degree student and diploma student is around $1000
2. To gain a stronger foundation of my financial education in terms of economy awareness, company report, etc
3. Credentials to  help me find jobs in finance related jobs or career

Continue my plan at times like this?

After reading through what has happend in the US financial market, I begin to ponder whether i should continue my education in finance or abandon it. After giving some thoughts, I decided to stick to my goals and plan for the following points:

• its takes 3 years for me to complete my degree and by the time, the economy would be picking up from all the mess it has created for itself.
• My Main goal is to become a full time professional trader so whether the market is good or not doesn’t really concern me.
• There is a chinese old saying: ” where there is danger, there is opportunity.” Who knows? Maybe I’ll be able to find opportunity in times like these.
• Lastly, its a cycle. There is bound to be ups and down in economy, the only question is how to profit in the up and down of the market cycle.

Goals to acheive by my 26th Birthday

Goals

This is the Mind Map of Goals I’ve set to acheived by my 26th birthday. Mind map is a good way to map out your goals and devise strategies and research to achieve them. As for me, I will print the my mind map and past them in front of my desk so that i can look at them everyday and be focus on it