Long before I decided to be a coach it used to really annoy me seeing women with a ton of potential never making progress towards their goals.
As a coach, it’s even more difficult to watch the lack of progress of promising entrepreneurs and coaches. They’ve dreamed for so long about creating a solid, sustainable business, and yet, all they do is dream.
You know the people I’m talking about. The serial learners. They attend conferences, sign up for free webinars, buy paid training, and sometimes even work with a coach or two. And yet week after week, month after month, year after year, they fail to make any progress toward their dreams.
Are they just lazy? No. It’s something worse. They don’t know how to move from a dream to a plan and they’re stuck.
So today I’m going to show you 3 tactics you need to use in order to turn your dream into an actionable plan that has you living your dream sooner rather than later.
3 Tactics to Turn Your Dream into a Workable Plan
Start With the Long-Term
If you’ve ever been on a job interview and were asked, “Where do you want to be five years from now,” you might have thought it an odd question. But as a business owner, that might just be the most important consideration you can have.
Without knowing where you’re headed in the long term, it’s impossible to create a map to get there. You need to know what your destination is, so that every day, week, month, and year you can check your progress to be sure you’re still headed in the right direction.
So take some time to figure out where you want to be in 1 year, 3 years, 5 years and 10 years’ time. Take action do this now.
Once you know your ultimate destination, you can draft a plan for getting there, and create the interim goals that will help you stay on track.
For example, if in five years you want to be free to travel for 8 weeks every year, then you need to have a few pieces in place before that can happen:
- Enough income to cover travel costs
- Passive income to sustain your business while you’re not working
- A staff who can manage the business while you’re away
With this list, you can then work backwards from your five-year goal, and create milestones along the way. If you know you’ll need to earn £150,000 annually in order to fund your travel plans, and right now you’re earning £60,000, then reasonable milestones might look like this:
- Year 1: £70,000
- Year 2: £85,000
- Year 3: £105,000
- Year 4: £125,000
- Year 5: £150,000
With these milestones in place, it’s much easier to figure out exactly what you need to do to achieve them, by setting monthly, weekly, and daily goals.
Create Small Goals
If you say to someone, you need to move from £60,000 to £150,000 in five years, that’s a pretty overwhelming task. After all, it’s a £90,000 increase and most people will look at that and immediately dismiss it as impossible.
But when you break it down as we have above, and then again into smaller steps, it suddenly doesn’t look so daunting.
In the first year of the plan we have outlined here, your income needs to increase only by £10,000. That’s less than £1000 per month! Surely that’s easy enough to accomplish!
You can further break that down by week: £1000 per month is just £250 per week. If you sell just one more group coaching package or five more of a £50 training program, you’ve already reached your milestone.
That might mean sending one more email to your list, or investing an additional £20 per month in Facebook ads, or perhaps reaching out to one more JV partner. The point is, reaching this much smaller goal is far easier than thinking about that five-year plan.
So what’s your big dream? How can you deconstruct it into achievable milestones, workable goals, and finally, daily and weekly tasks? If you can do this (and you definitely can) then you can achieve anything in business and in life.
We all have dreams. But turning them into reality can be very hard if you don’t know what steps to take. In order to turn any dream into a reality, you have to create an actionable plan that will help you take the right steps towards your ultimate goal.
There are 3 initial steps you must take in order to create your actionable plan;
- Decide and Write out what you want your life to look at in 5 to 10 years’ time.
- Create your milestones.
- Then create your mini-goals that will help you reach your milestones.
So go dream big and create a plan to meet every goal.