The Secret to Making Good New Year’s Resolutions

Personal finance advice is everywhere. We want to introduce you to personal entrepreneurship. It goes beyond personal finance. Here’s the backstory…

Click the player to hear us share the secret to making good New Year’s resolutions on the BIGG Success Show Podcast. – George “The Professor” & Mary-Lynn

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The most successful people make good New Year’s resolutions. It begs the question…

What makes good New Year’s resolutions?

Good New Year’s resolutions are:

1) “Keepable”

It’s our way of saying it’s a goal that’s believably achievable. You’re pretty sure you can reach your objective.

2) Material

But it’s a missed opportunity if it’s too easy to achieve. It must make an impact to be meaningful.

3) Quantifiable

It has to be binary – a “Yes” or “No” answer to a simple question. The question is always: Did you accomplish what you set out to accomplish?

Good New Year’s resolutions come in two types

1) Result goals

This is the traditional approach. When we think of New Year’s resolutions, most people think of outcome-based goals.

2) Activity goals

This is how entrepreneurs approach goal-setting. (And even if you never plan to own a business, thinking like an entrepreneur will be very beneficial.) Entrepreneurs focus on the inputs.

For example…

Let’s say you want to lose weight. How does this work with the two approaches?

Result goal
Determine how much you want to lose and by when you plan to lose it.
Then decide how will you do it.

You will likely come up with things like “go on a low-carb diet” and “go to the gym every day.”

Activity goal
Here, you may start with something simple like “walk 3 times a week for 30 minutes” and/or “eat veggies instead of candy in the afternoon.”

The secret to making good New Year’s resolutions

There are two problems with results goals: The natural response is to try to change everything at once. And you don’t know what works and what doesn’t. You only know whether it all works.

All along, it’s a fight against yourself.

So, the traditional approach leaves many, if not most, people discouraged and disillusioned.

When you set an activity goal, you experiment with one thing at a time. (Although you may choose to test multiple things at once, according to your resources.)

And here’s the secret: You see what works and what doesn’t. THEN you can adapt. EVENTUALLY, you’re able to set a good results goal based on the feedback you’ve received.

You see, with this approach to goal-setting, it’s a game.

It’s uplifting and empowering. So you’re more likely to keep the New Year’s resolutions you make. And that leads to BIGG success!