Michael Hyatt, CEO of Michael Hyatt & Company and author of Your Best Year Ever, shares his expertise on goal setting. He discusses the crucial mindset shifts needed to make the upcoming year a success and emphasizes the value of an after-action review. Michael presents an enhanced SMARTER goal framework and encourages setting ambitious, specific objectives. He also highlights the importance of building momentum by starting with easier tasks and insists on the necessity of regular goal reviews to maintain motivation and accountability.
Setting Smarter goals with specific, measurable, actionable, risky, time-bound, exciting, and relevant criteria leads to successful goal achievement.
Conducting an after-action review, focusing on gains rather than gaps and practicing gratitude, helps in learning from past experiences and setting future goals.
Adopting a growth mindset, reframing limiting beliefs, and understanding the why behind goals are crucial for overcoming challenges and staying motivated.
Deep dives
Setting Smarter Goals for Successful Goal Achievement
Setting specific, measurable, actionable, risky, time-bound, exciting, and relevant (Smarter) goals is essential for successful goal achievement. By making goals specific, individuals can clarify their thinking and visualize success. Measurable goals help track progress and recognize milestones. Actionable goals focus on the actions required and urge individuals to take steps towards their goals. Risky goals push individuals outside of their comfort zones to drive growth and accomplishment. Time-bound goals have specific deadlines that create a sense of urgency. Exciting goals tap into internal motivation and foster excitement and passion for the journey. Relevant goals align with personal circumstances and consider the context in which they are set. By setting Smarter goals and leveraging activation triggers, individuals can stay motivated and take consistent action to achieve their goals.
Reviewing Past Performance and Maintaining Gratitude
Before setting new goals, it is important to review past performance and learn from experiences. Conducting an after-action review helps individuals acknowledge what worked, what did not, and derive wisdom from past achievements and setbacks. By focusing on measuring gains rather than gaps, individuals can maintain a positive mindset and build momentum. Practicing gratitude for past accomplishments and experiences is crucial as it provides an abundant and optimistic perspective when setting future goals.
Adopting the Right Mindset and Overcoming Limiting Beliefs
Adopting a growth mindset is key to overcoming limiting beliefs and achieving goals. Limiting beliefs are often subjective and reside in individuals' minds, shaping their reality. By identifying and reframing limiting beliefs into liberating truths, individuals can transform their thought patterns and remove self-imposed constraints. Recognizing the role of beliefs in shaping behavior and accessing empowering mindsets are essential for successful goal achievement.
Staying Motivated and Utilizing Accountability
To stay motivated throughout the year, it is crucial to identify the why behind each goal. Understanding the deeper motivations and personal meaning behind the goals fuels inspiration and persistence. Additionally, utilizing accountability groups or sharing goals selectively with supportive individuals fosters encouragement, brainstorming, and feedback. These groups provide the necessary motivation and support to keep going, helping individuals overcome obstacles and stay on track.
Starting Strong and Building Momentum
Taking action and getting started is vital to goal achievement. By focusing on the first steps and doing the easier tasks first, individuals can gain momentum and build confidence. Activation triggers and stacking habits on existing routines create a smoother transition and increase the likelihood of follow-through. Rather than overplanning, starting with actionable and achievable tasks helps individuals overcome inertia and establish a productive rhythm.
How did your 2021 go? Did you accomplish less than you wanted to? Are you hoping to have a more successful run at your goals in 2022?
Well my guest today has got your plan for making the coming twelve months your best year ever. His name is Michael Hyatt, and he's the CEO of the leadership consulting firm Michael Hyatt and Company and the author/creator of the Your Best Year Ever book and course. Today on the show, Michael takes us through the five-part process he believes is key for successfully making and keeping goals, starting with the importance of adopting the right mindset and doing an after-action review of how the previous year went. We then discuss how Michael has modified the standard SMART goal model to make it smarter, why your goals should feel risky, and the number of goals you should set per year. We then discuss how to stay motivated in working on your goals, whether or not you should share your goals with others, and why you should tackle your goals by doing the easy stuff first. We end our conversation with the importance of reviewing your goals on the regular.
