Here’s the truth: Cash flow solves a host of issues. Struggling with stress in your business? Cash flow can ease it. Facing tough decisions? Cash flow creates options. The more consistent your cash flow, the more freedom and flexibility you have to tackle challenges head-on. The key? Focus your time and energy on money-making, goal-relevant activities. It’s easy to get sidetracked by busy work, but true progress comes from actions that directly contribute to your bottom line. Today, ask yourself: Is what I’m doing right now driving cash flow or just filling time? Adjust accordingly, and watch the problems start to shrink. To your Momentum & Mastery, Spencer About Spencer Combs: Spencer Combs is a business leader and author of Momentum and Mastery: The Business Leader's Guide to Fastrack Unshakeable Profit, Productivity, and Purpose . With a passion for helping others transform their challenges into opportunities, Spencer offers unique insights through his events, coaching prog...
We've all been there. We set a goal, full of good intentions, only to find ourselves stuck in the same spot, wondering why things didn’t pan out. Why is it that despite our best efforts, goals often feel like elusive mirages? The problem isn't the ambition—it's the approach.
In the business world, especially, we hear a lot about goals. Everyone's talking about how to set them, how to chase them, and how to achieve them. But here's the kicker: most of the time, people are getting it wrong. They're either setting goals that aren't truly aligned with what they want or failing to consider the full impact of these goals on their lives.
Let's break this down with a bit of practical wisdom.
In the business world, especially, we hear a lot about goals. Everyone's talking about how to set them, how to chase them, and how to achieve them. But here's the kicker: most of the time, people are getting it wrong. They're either setting goals that aren't truly aligned with what they want or failing to consider the full impact of these goals on their lives.
Let's break this down with a bit of practical wisdom.
What Do You Really Want?
This might sound basic, but the first question to ask yourself when setting a goal is, “What specifically do I want?” It’s amazing how often people get this wrong. Instead of defining their goals in clear, positive terms, they focus on what they don’t want. "I don't want to be broke." "I don’t want another year like the last."
The problem?
Your brain doesn't process negatives in the way you think it does. When you say, "I don't want to be broke," your brain conjures up images of being broke. And guess what? That’s exactly what you end up focusing on. Instead, frame your goals positively. What do you want? Is it financial stability? Freedom? Growth? Clarity is key.
How Will You Know When You’ve Achieved It?
Now that you know what you want, the next question is, "How will I know when I've achieved it?" This is where many goals fall apart. They’re too vague. “I want to be successful” is a nice sentiment, but it’s not actionable. What does success look like for you? Is it a specific income level? A certain number of clients? Define it clearly so you can recognize it when it arrives.
Consider the Ecology of Your Goals
Here’s where things get interesting—and often overlooked. Your goals don’t exist in a vacuum. When you set a goal, it’s like dropping a stone into a pond: the ripples spread out and touch everything around it. This is what I call the “ecology” of your goals.
Ask yourself, “How will achieving this goal impact the other areas of my life?” Will it affect your relationships? Your health? Your spiritual well-being? Too often, we set goals that are great in one area but wreak havoc in others. You might achieve that big promotion, but if it costs you your health or your marriage, was it worth it?
The Unseen Costs of Misaligned Goals
In one of my recent coaching sessions, I had a client who wanted to buy a second property as an investment for his daughter’s future. It sounded great on paper. But as we dug deeper, we uncovered a host of potential issues: What if the daughter didn’t end up going to the university near the property? How would the investment affect their finances in the meantime? Was the timing really right, given other family priorities?
This is the kind of thinking you need to apply to your goals. It’s not just about the end result; it’s about how that result will echo through every part of your life. Before you chase that next big thing, take a step back. Consider the ripple effect. Do an ecology check.
Integration:
The Missing PieceLastly, it's not just about setting goals and making plans. It's about integrating those goals into your daily life, making them a part of your routine, your habits, and your systems. Without this integration, even the best-laid plans will falter. It’s the difference between knowing what to do and actually doing it consistently.
So, next time you're setting a goal, remember: clarity, specificity, and ecology. Make sure your goals are aligned not just with what you want, but with the life you want to live. After all, success isn’t just about achieving goals—it’s about achieving the right goals.
This might sound basic, but the first question to ask yourself when setting a goal is, “What specifically do I want?” It’s amazing how often people get this wrong. Instead of defining their goals in clear, positive terms, they focus on what they don’t want. "I don't want to be broke." "I don’t want another year like the last."
The problem?
Your brain doesn't process negatives in the way you think it does. When you say, "I don't want to be broke," your brain conjures up images of being broke. And guess what? That’s exactly what you end up focusing on. Instead, frame your goals positively. What do you want? Is it financial stability? Freedom? Growth? Clarity is key.
How Will You Know When You’ve Achieved It?
Now that you know what you want, the next question is, "How will I know when I've achieved it?" This is where many goals fall apart. They’re too vague. “I want to be successful” is a nice sentiment, but it’s not actionable. What does success look like for you? Is it a specific income level? A certain number of clients? Define it clearly so you can recognize it when it arrives.
Consider the Ecology of Your Goals
Here’s where things get interesting—and often overlooked. Your goals don’t exist in a vacuum. When you set a goal, it’s like dropping a stone into a pond: the ripples spread out and touch everything around it. This is what I call the “ecology” of your goals.
Ask yourself, “How will achieving this goal impact the other areas of my life?” Will it affect your relationships? Your health? Your spiritual well-being? Too often, we set goals that are great in one area but wreak havoc in others. You might achieve that big promotion, but if it costs you your health or your marriage, was it worth it?
The Unseen Costs of Misaligned Goals
In one of my recent coaching sessions, I had a client who wanted to buy a second property as an investment for his daughter’s future. It sounded great on paper. But as we dug deeper, we uncovered a host of potential issues: What if the daughter didn’t end up going to the university near the property? How would the investment affect their finances in the meantime? Was the timing really right, given other family priorities?
This is the kind of thinking you need to apply to your goals. It’s not just about the end result; it’s about how that result will echo through every part of your life. Before you chase that next big thing, take a step back. Consider the ripple effect. Do an ecology check.
Integration:
The Missing PieceLastly, it's not just about setting goals and making plans. It's about integrating those goals into your daily life, making them a part of your routine, your habits, and your systems. Without this integration, even the best-laid plans will falter. It’s the difference between knowing what to do and actually doing it consistently.
So, next time you're setting a goal, remember: clarity, specificity, and ecology. Make sure your goals are aligned not just with what you want, but with the life you want to live. After all, success isn’t just about achieving goals—it’s about achieving the right goals.
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