Having actionable goals is the key to success in any endeavor, whether personal or business. In the real estate investing business, anyone can be successful with the methods I teach, but it takes hard work and setting goals to work towards. However, just knowing your goals in your mind is not enough to develop a path to be successful at achieving them. Writing down your goals will help you keep them at the forefront of your mind, making it much easier to accomplish them and keep you motivated.
Why Is Writing Down Goals So Important?
Writing down goals helps solidify them in your mind, making it much easier to focus your work on productive activities. The action of forming a goal in your head and then putting the idea down on paper helps to encode the information into your mind. Not only are you thinking of your goals, but you are also following up by writing them down, which allows you to retain the information and plan your daily activities around your most important goals. The ideas are concrete, not just in your mind, but they are where you can visualize them daily.
Having your goals where you can visualize them will help motivate you to keep working towards and completing your goals. You can put them on your refrigerator or bathroom mirror where you will see them every morning or even on your desk where they will be the first thing you see when you sit down to work. If you are very visually driven, you can also make a vision board to lay out your goals.
Add Action Items
Writing down a goal list can be a powerful tool but adding action items can help increase productivity even more. For each goal that you list add some actionable activities that you need to accomplish to meet the goals. Ranking these goals takes it a step further and helps you prioritize your tasks to best align with your most important goals.
Share Your Goals
Once you write down your goals, sharing them with an accountability partner can help ensure your success in completing your tasks.
A study completed by the Dominican University of California looked at 267 participants to see how goal achievement is influenced by writing down your goals, keeping yourself accountable and being held accountable by others.
The study found that 62 percent of people in the survey who wrote down their goals, added accountability action items and shared their list with someone had completed their task or were at least halfway done with their task by the end of the study.
In comparison, 70 percent of participants who did the above items AND followed up with weekly progress reports to their accountability partner had completed or were close to achieving their stated goals.
Only 35 percent of participants that only thought about their goals, and did not write them down or share them, had completed their goals.
I want to help you achieve your goals and become successful in real estate investing, and that is why I share my proven methods in my Foreclosure Investing Mastery or free Unlimited Funding program where I teach how you can have quick-close transactions without using your own money or credit.