Michael Hyatt is best known for his optimistic goal-setting system called “5 Days to Your Best Year Ever,” designed to help business leaders and entrepreneurs achieve their biggest goals.
But from where I sit, there’s one truly epic goal every long-term entrepreneur will experience–and it’s, hands down, the most significant goal of your life.
That goal? Selling the business you’ve spent years building. Because it, such a massive goal, it’s one worth studying before you dive in.
That’s where Michael’s book ‘Your Best Year Ever’: A 5-Step Plan for Achieving (our Most Important Goals) comes in.
Given if you’re not prepared to sell your business yet, it’s worth reading. To me, this book can help you sharpen the edge of your existing goal-setting system, no matter where you are. Before you say you don’t have a system, think about this: if you couldn’t goal-set, you wouldn’t be where you are today.
Michael’s plan involves setting generous goals, then formatting and solidifying them by writing each goal down and reviewing them in-depth. He also offers other steps to help you get what you want.
The Simple Steps are:
- Believe the possibility
- Complete the past
- Design your future
- Find your why
- Make it happen
Granted, these steps are all pretty obvious except #2. “Complete the past” basically means finishing up any old business holding you back. Then from there push forward.
It could be anything from clinging to a dead relationship to pining for the days when you did all the jobs in your business. If it’s holding you back, ditch it. Put the past in the past and move on.
That brings up another key point: I think it’s important for your personal life to be in good shape as well as your professional one.
The truth, though? Sometimes, you can just skate along in your personal life without worrying too much about goals. Not so in your business.
Business is something you have to make a deliberate decision to succeed in right from the start, and that requires a plan for success. This comes down to a series of goals, however large or small, that you need and exceed one at a time.
While no plan can be too rigid or long-term these days, you’re not going to be able to maintain a business unless you have at least some idea of where you’re going and what lies ahead.
Michael Hyatt’s ‘Your Best Year Ever’ is a great way to build up your business framework right up to the exit strategy, if that’s what you want. It will appeal especially to fans of his goal-setting course, but any business owner or manager will get a lot of good out of it.
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