Brian Tracy explains goal-setting as the master skill of success and walks through a seven-step method: decide what you want, write it down with deadlines, identify what you need to learn, list obstacles by importance, find who can help and what you'll give them, make a detailed plan, and take daily action. He calls it the 1090 rule: spend 10% planning for 90% of the value.
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Your ability to set goals and to make plans for their accomplishment is the master skill of success. This ability, developed through practice, will do more to assure your eventual success than anything else you ever learn. The 1090 rule says that the first 10% of time that you spend planning and organizing will often account for 90% of the value of the entire process. So here's a powerful but simple method for setting and achieving goals that I've learned over the years. First, decide exactly what you want. Clarity is the starting point of great success. And second, write it down in detail and set a deadline. Set sub deadlines if necessary. Third, determine the additional knowledge, skills and abilities you will need to achieve your goal and how you are going to acquire them. Fourth, determine the obstacles and difficulties that you will have to overcome to achieve your goal and organize them in the order of size and importance. The fifth key to goal setting is to determine the people and groups and organizations whose help you will require and decide what you will have to do for them to earn their assistance. And sixth, make a detailed plan broken down by activity and organized by priority and sequence. What is most important? What must be done first, what must be done before something else is done. And seventh, perhaps the most important, is to take action on your plan immediately. Do something every day to move you toward your most important goal. Get going and keep going at each stage of your life. Whenever you're confronted with the need to make new choices to set new goals, sit down and think through them using these seven steps. Always think on paper and always be willing to revise your plans when you get new information. Keep working on your plans until they're complete and then execute them boldly. I hope you enjoyed this video on the Master Skill of Success. If you did, please subscribe to my channel by clicking on the button you see on the screen.