Posted to Ben Finklea's blog on May 6th, 2013

Goal Setting [Ben's Productivity Podcast]

The importance of setting goals and how to realistically approach them

Tip of the day: Share your goals with others to be held accountable, and use either rewards or penalties to motivate yourself.

Hi, this is Ben Finklea, welcome to the podcast. I wanted to very first of all tell you a little about what this podcast is. This podcast exists because I belong to an organization called “Entrepreneurs Organization,” and specifically I am in what is called a forum which is a group of 9 CEOs all in different industries in or near Austin Texas. We meet once a month and help each other out, share ideas, and challenge each other. We set a challenge at the beginning of the year and each person stepped up and said, “I want to accomplish a certain thing by a certain period of time.” We had a check-in goal at the first of May. My goal was to have recorded a podcast for each week of 2013. Now, I’m not sure which week of the year it is, but I have not recorded any podcast to date. In fact, this is the first one I have recorded and it is now the first week of April. So, I have two weeks left and that’s my tip for you in this first podcast. If you really really want to accomplish something, set a goal, share it with other people, and set some sort of penalty or reward. The penalty for me in this case is having to pay $1500. It was my pledge that by the first week in May I would have recorded a podcast a week on average or I would pay $1500. It guarantees that you will be motivated to get done. So, even though I have procrastinated to this point, here I am recording my first podcast. So that’s the end of this podcast and each time I’m going to bring you a little tip. I am going to end this at exactly two minutes.

Ben Finklea, CEO Volacci