Discover how setting constraints around your goals can elevate your productivity and lifestyle. Learn about the importance of strategic limitations that enhance focus and efficiency. Dive into personal anecdotes illustrating the pitfalls of inefficiency in time management. Explore how specific goal-related barriers can lead to better work-life balance. Uncover the transformative power of constraints that not only save time and energy but also fuel your journey towards success.
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insights INSIGHT
Parkinson's Law & Goal Setting
Parkinson's Law states that work expands to fill the allotted time.
Unconstrained goals can consume your life, hindering rather than enhancing it.
question_answer ANECDOTE
Gym Ownership & Burnout
Benjamin Owen discusses how his initially relaxed work-life balance deteriorated after acquiring a gym.
Without constraints, his work hours expanded, turning his passion into a stressful burden.
question_answer ANECDOTE
10-Year Goal in One Year
Benjamin Owen recounts how a sales coach challenged him to achieve his 10-year financial goal in one year.
This constraint forced him to adopt a different, more effective pricing strategy.
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Transform Your Business from a Cash-Eating Monster to a Money-Making Machine
Mike Michalowicz
In 'Profit First', Mike Michalowicz introduces a behavioral approach to accounting that flips the conventional formula from 'Sales - Expenses = Profit' to 'Sales - Profit = Expenses'. This system involves taking a predetermined percentage of sales as profit first and then allocating the remainder for expenses. The book provides practical, step-by-step advice and case studies to help entrepreneurs manage their businesses more effectively, ensuring early and sustained profitability and long-term growth.
Built to sell
Creating a Business That Can Thrive Without You
John Warrillow
In 'Built to Sell', John Warrillow provides practical advice on creating a business that can operate independently of its owner. The book is structured around a story where a business owner, Alex, is guided by his mentor Ted to transform his marketing agency into a sellable business. Key lessons include running the company as if it will last forever but being ready to sell at any moment, focusing on a specific, non-customizable product or service, creating a positive cash flow cycle, and hiring a sales team to remove the owner from the sales process. The book emphasizes the importance of making the business repeatable, valuable, and teachable to attract potential buyers.
Your goals can MAKE your life...
Or Break you.
If you're creating your goals this year you have to consider putting powerful constraints around them in order to make sure you make the most from the goal setting process. Goals create your frame, but constraints create your lifestyle!
These 10 powerful constraints will help make adjustments to your goals that will leave you with more time, energy and money!