Risk & Business Magazine General Insurance Services Spring 2020 - Page 18

GOAL SETTING STEP #1: WHAT’S YOUR EMOTIONAL TEMPERATURE? Right now, I want you to take your emotional temperature. On a piece of paper or on our downloadable goal- setting worksheet, (scienceofpeople. com/wp-content/uploads/2018/06/ The-Goal-Wheel.pdf) rate these areas of your life on a scale from 1 to 5 (1 being extremely dissatisfied, 5 being extremely satisfied). • Business: How do you feel about your work, career or business effectiveness and success? • Friends: How is your social life? Your friendships and support system? • Family: How are your personal relationships? Your partner or spouse? • Personal Passions: Do you have personal passion projects, hobbies, or fun activities that fulfill you? • Spiritual: You can interpret this one any way you like. It could be your faith, mental health, personal journeys or mindset. • Health: Are you happy with your physical health and wellness? This is called your Goal Wheel: A finished Goal Wheel will have the lines filled in so you can see what your ’emotional temperature’ is in each area. For example, this is mine right now: This step is about owning your intention. Look at your Goal Wheel and set an intention for that area–your sections that are 4’s or 5’s might just be about maintenance. Remember, these aren’t specific goals yet, they are just intentions. This is going to help you own a different outcome for yourself in each area. You quickly can see that my goals are going to be focused on Business, Friends and Spirituality. This little exercise is a really easy to way to check in with yourself. • Ninja Tip: I save all of my Goal Wheels and then check in to see if there are any patterns. You can use these worksheets over and over again to see how far you have come from previous months or years, depending on how often you do it. STEP #2: THE NEUROLOGY OF OWNERSHIP When we take ownership of something– an item, an idea or a goal–we are more committed to it. This is called the “endowment effect” which happens when we take ownership of something and it becomes “ours,” thereby integrating it into our sense of identity. Cornell University researchers demonstrated the endowment effect with a clever experiment. First, researchers gave participants coffee mugs and offered to trade them chocolate for their mug. Almost none of the participants wanted to trade. Next, 18 researchers reversed the trial. They gave participants chocolate and then asked them to trade it for the coffee mug. Again, very few wanted to trade. This is the endowment effect in action. It was about what they already had, not about the actual objects. When we take ownership of something, we work to keep it. Here are some examples: • Business: Level up my business efforts so I can reach and help more people. • Friends: Set aside time to support and reach out to friends more regularly. • Family: See family more often and dedicate real time to connecting and catching up. • Personal Passions: Learn how to paint and spend more time reading. • Spiritual: Start meditating to create mental space and slow down at the end of a workday. • ealth: Get more toned and H increase my endurance. STEP #3: OUTCOME + PROCESS If I had to pick, I would say this is the most important step: This is why goals fail! Most people set an intention or an ideal outcome and try working toward it. That is great, but that gets you only halfway there. I want you to pick an outcome and a process.