Often, individuals get stuck at the "Goals" portion of success, writing and re-writing their goals every year (think New Year Resolutions and Bucket Lists) but never prioritizing and putting specific action steps in place to accomplish them.
For any goals to be achieved, you will need to have a set pattern that leads to the achievement of the goal.
A simple example is if you'd like to have two boiled eggs for breakfast, you will need to get two eggs, place them into a pot, pour water over them to just slightly submerge them, place the pan over a fire for about 10 minutes. When they're done, you've got to cool the cooked eggs, shell them, and then you're done.
See, in this scenario, to get two boiled eggs, there is a series of required steps to take before you can achieve what you want -
need to get two eggs,
place them into a pot,
pour water over them to just slightly submerge them,
place the pan over a fire for about 10 minutes.
When they're done, you've got to cool the cooked eggs,
This is a series of a sequential steps that leads into a sequence that gives me what I want, which is two boiled eggs. These steps are systematic and sequential in nature - I cannot do step 5, then step 2, then step 6, then step 1, then step 3 - it'd be a mess.
Note: variables includes how hard boiled or soft boiled you want your eggs, cooking them over fire or in a steamer. Also, this is a simple analogy which covers goals that can be done immediately - goals that are longer termed "stretch goals" that is achieved over a period of time is slightly more complicated in the scheduling and taking consistent actions over a period of time.
All goals can be achieved with this simplified approach to achieving them - by breaking them down to achievable, actionable components, and executing them until you achieve the goal.
SGD 2,000,000 invested in dividend stocks with average 5% returns per annum by 45
SGD 2,000,000 in cryptocurrency
Owning, affording and living in a landed property in Singapore (or relocated to another country without worry of money) by 40
Publish at least one book by 40 years old
Online businesses serve readers and clients well (ie readers make more money, have happier/freer life etc), and website makes SGD 10,000 per month
Ongoing: spend more quality time with children, wife, family, bible, God.
Note/Disclaimer: My writings and works are NOT financial advice.
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