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Alrighty folks, welcome back to Season 1, Episode 10 on Transacting Value Podcast!

The New Year is here. The Earth has completed another journey around the sun. To put this monumental journey in perspective, the earth is spinning around the sun at 66,000 miles an hour, traveling 584 million miles around the sun. No wonder it feels like the year flew by! 

And with the New Year comes New Year’s Resolutions. Jimmy joins Porter for a chat about goals – why we set goals and what it takes to complete them. 

Here are some nuggets from their conversation:

• Attention span is dictated by interest. 
• Resolutions need to be set for yourself. They can’t be set by someone else.
• Identify what your shortfalls are. Then ask, 
  • What you want to accomplish. 
  • Why is it important to you? 
  • What values are important to you? 
• You’re more likely to accomplish the things you find value in.
• A resolution should encompass a task and a purpose. If you understand the purpose, the task is more likely to be completed. 

Jimmy shared a quote he recently heard. Instead of asking, “What is the meaning of life?” ask, “How can I make my life meaningful?” Let creating a meaningful life guide your goal-setting.

Porter and Jimmy theorize how the goals of us living in developed countries probably look very different from the goals of those in developing countries. Most of us in the developed world have the luxury of completing a goal at our leisure or of not completing a goal at all. Most of our goals tend to be about self-improvement or optional lifestyle improvements. But for many, goals are tied to survival. 

To help you reach and maintain your goals, consider the following:

• Evaluate your environment
• Have a support system
• Recognize the value of completing your goal
• Consider what your resolutions will be a year in advance

A resolution or goal is more likely to be accomplished if it’s SMART:

S - specific

M - measurable

A - attainable

R - realistic

T - time-driven

Quotes from today’s episode:

“Your perception of how time passes is going to dictate your likelihood of accomplishing your resolution.” 

“It’s a delicate balance between being able to set goals effectively and putting in the effort to see the goals come true. With consistent work, it’s possible.”

Sponsors and Resources mentioned in today’s episode:

(0:25:32) Bee and the Bear Creations

(0:28:04) How to Think Like Leonardo da Vinci: 7 Steps to Genius Every Day by Michael Gelb

(0:53:42) Patriot Empowerment Institute

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