The podcast discusses the 2024 Annual Planning Guide with a goal-setting framework, system-building mental models, tracking and adjusting strategy. It explores the concept of anti-goals, setting goals and daily systems, and effective goal setting and planning strategies.
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Quick takeaways
The goal-setting framework consists of big goals, checkpoint goals, daily systems, and anti-goals, which help in achieving progress and preventing sacrifices.
To support execution, the podcast suggests four mental models: the 2-day rule, 30 for 30 approach, habit stacking, and minimum viable progress, which enhance the effectiveness of daily systems for achieving substantial results.
Deep dives
Goal-Setting Framework
The goal-setting framework consists of four components. Big goals are year-long ambitious goals, checkpoint goals are mid-climbed milestones, daily systems are the core actions for progress, and anti-goals prevent sacrificing important things. To implement the framework, select specific measurable goals, create daily systems, and identify anti-goals.
System Building Mental Models
To support execution, the podcast suggests four mental models. The 2-day rule recommends not skipping two consecutive days for habit formation. The 30 for 30 approach involves investing 30 minutes per day for 30 days to achieve substantial results. Habit stacking connects systems to specific actions or times. Minimum viable progress emphasizes doing even a small amount daily. These models enhance the effectiveness of daily systems.
Strategy for Tracking and Adjusting
The 1 in 60 rule highlights the importance of real-time adjustments. Conduct a monthly check-in, questioning alignment between goals and current priorities, assessing the quality of daily systems, and identifying areas to cut from one's life. This process ensures continued progress and enables course corrections for optimal outcomes.
My 2024 Annual Planning Guide includes: (1) a simple goal-setting framework, (2) four system-building mental models, and (3) a strategy for tracking and adjusting throughout the year.
This annual planning process has been an immensely helpful exercise to which I would credit many of my greatest achievements. I hope that it will spark you to conduct your own annual planning process for 2024, as I'm highly confident you will get incredible value from the exercise.
You can download a beautiful (and free!) printable PDF of the template here.
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