The Secret to Sticking With Something
Summary
- Reporting is crucial for entrepreneurs, notably for those who might struggle with self-control.
- It serves as a progress indicator, which is important for staying motivated and on track.
- Setting a huge long-term goal, like reaching a $10 billion acquisition, can be overwhelming.
- It's key to measure progress toward such a goal to get constant feedback on direction and to celebrate small wins.
- This process of measurement and acknowledgment helps to maintain a sense of progress and success.
Video
How To Take Action
To make sure you're growing and headed toward your big goals, like that huge $10 billion acquisition, I would suggest breaking it down into smaller, easy-to-hit targets. These smaller goals will be your stepping stones to the big one.
First, start measuring your progress. Use a simple tracking sheet or app to note down your wins, no matter how small. This will help you see that you are moving forward.
For example, if your goal is to grow your business, you could measure how many new customers you get each week. Celebrate every new customer—it's a win! This will give you a boost and make you want to keep going.
It's super important to have a report, like a little journal or a note on your phone, where you write down what's going well. Do this regularly—it could be every day or once a week. This way, you can see if you're on the right track. If you're not, don't worry! Just use the info to change things up so you can do better.
Remember, reaching a goal is like a journey. You need to know you're going the right way. So, if your big dream feels too far away, make sure to have smaller checkpoints. This will keep your spirits up and make sure you keep moving forward step by step. It's like a game where you pass levels to reach the end—each level you pass is a reason to celebrate!
Quotes by Leila Hormozi
"Reporting is so good especially for entrepreneurs who lack self-control"
– Leila Hormozi
"Indicates to you if you're making progress or not"
– Leila Hormozi
"A lot of people just need the reinforcement of progress to stick with the path"
– Leila Hormozi
"If I say my goal is to get acquisition to 10 billion and that's the only mark that I am successful"
– Leila Hormozi
"If I am measuring towards that goal then I'm getting constant reinforcement of if I'm going in the right direction or not"
– Leila Hormozi
Full Transcript
the reason I think reporting is so good especially for entrepreneurs who lack self-control is it indicates to you if you're making progress or not and a lot of people just need the reinforcement of progress to stick with the pth if I say my goal is to get acquisition. to 10 billion and that's the only mark that I am successful feels like I'm constantly probably losing but if I am measuring towards that goal then I'm getting constant reinforcement of if I'm going in the right direction or not
