Tired of your New Year’s resolutions failing before the year’s half over? Break out with these pillars of success.
The new year brings promises of fresh starts, new habits and hope that life will be different. But already, a little over a month into 2014, your best intentions are followed by little change.
Why do 90 percent of New Year’s resolutions fail? Because we don’t reflect on the year that was or look at what did and didn’t work, what we did and didn’t achieve.
Reflection is a useful tool to uncover hidden gems that can help you get results. If you do what you’ve always done, you’ll get what you’ve always got.
It’s amazing how many people end up making the same choices year after year and expect different outcomes just by wishful thinking. If you look back and analyze what happened, reflection is a compelling exercise — no matter when you do it.
Along with reflection, you need clarity on what you most want for your life and business in 2014 and how you’re going to get it. Here are five pillars of success that can transform your year:
You need mentoring, whether that means approaching a mentor for specific advice because they’ve achieved what you want to achieve or investing in a coach. Mentoring is the act of having an expert or a successful person you admire coach you to be your best self and achieve your goals.
As a coach, I’ve seen the results my clients can get from just an hour with me. And I have my own executive coach who challenges me to dig deep and make progress on my mindset and beliefs each month. The results are clear.
Before that, I felt I was doing everything myself. And for awhile that was fine. But I was doing too much of the ground work when I could have accelerated my learning by reaching out to these people and investing in their guidance, their knowledge and their existing skills to take me where I wanted to go.
The second pillar is being part of a mastermind. Masterminds are one of the most powerful yet underrated tools out there. Most successful people are part of a mastermind.
I’m part of two masterminds. One is a monthly business mastermind with three other people I respect and admire who have online businesses. The other is a twice-monthly podcast mastermind. I’ve also run masterminds for three years, and the members of these have gone on to grow in leaps and bounds.
Being surrounded by like-minded people who are all moving and shaking, and heading toward a similar goal of growth in their business, is where the magic happens.
You can’t help being pulled along in the right direction while helping others in your mastermind do the same. Accessing that combined knowledge set, along with each member’s network and being held accountable by a group, is one of the best investments of time and money you can make in yourself.
A mastermind, whether it’s four to six people or a larger group meeting up regularly, not only holds you accountable, but also allows you to tap into the network of these people.
It becomes profitable when the microeconomy gets put in motion, whether in your mastermind or as part of a club, collective or group you’ve joined. Why?
Because not only are you all aiming toward the same goals, but each of you has your own unique skill set and knowledge to share with each other, as well as contacts and connections you can introduce. Before you know it, you’re referring each other new business, doing business together and creating opportunities — that’s a microeconomy.
When that happens, you start making money, not just investing it.
When you have one outcome to focus on — one task to do — you’ll actually achieve it. Focus is everything, yet too many times we attempt to learn everything or do multiple jobs at once.
We buy programs and digital products to solve our problems, often hoping they’ll magically work for us without having to put in the effort. But many of these learning opportunities bombard you with 24 videos, 13 audios and a bunch of tasks you need to do to make progress.
The result is that you get overwhelmed and do none of it. Focus instead on activities and methods of learning that give you one or two desired outcomes and are short and actionable.
You can do this for yourself by structuring your learning — in specific increments with one singular focus and one specific outcome or result in the area you want to improve.
Look for products or programs more focused on achieving a result in a certain timeframe. Or ones where you can be part of the community, collective or group where you get access to each other and a leading expert, coach or mentor. Or something where you actually have to show up and do the work.
Schedule time in your calendar to do the work. Commit one hour a week to your learning.
When you sign up for a frequent flyer program, you earn miles to get reward points. We like to be incentivized.
It doesn’t always have to be in a monetary sense. We like the recognition from our peers, the acknowledgement of a job well done, the feeling of putting in the work and getting a great outcome. In other words, we’ve gone the extra mile.
Since entrepreneurs don’t often celebrate or congratulate themselves, this is something that should be instigated by others, perhaps your accountability partner, your team or employees, your mastermind group, a mentor or a club.
The reward may be an award or getting a shout out on social media from your clients, customers or friends for the great work you’re doing. This goes even further when there’s an incentive for you to be able to profit.
In my Highflyer Club, for example, members can redeem rewards when they’ve completed missions, been an active member in the Facebook group and contributed to discussion threads in the Club Lounges or helped other members with their challenges.
You’re doing the work, getting acknowledged for it and getting a bonus. That works.
Building with all the pillars
If you want this year to be different, and to achieve your dreams and desires, you need to take different actions and get support and accountability.
Gone is the time for spreading ourselves too thin and focusing on too many things. (Click here to tweet this thought.)
Instead, consider these five pillars of success around masterminding, mentoring, the microeconomy, missions and reward miles and how you can apply these to your plans for 2014.
Natalie Sisson is a Suitcase Entrepreneur, adventurer and founder of the Highflyer Club who travels the world living out of her suitcase, running a highly successful online business from her laptop and smartphone, and teaching others how to do the same. She’s on a mission to ensure you create freedom in business and adventure in life, and in her no. #1 bestselling book, The Suitcase Entrepreneur, she details exactly how to do this for yourself.