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The cost of setting goals

Name: The cost of setting goals
Uploaded: 2023-02-16T19:28:26+00:00
Duration: 36 s
Channel: Shanli Liu, CPA, CTP
Description: In this motivational monologue, the speaker challenges the common approach to goal‑setting that focuses solely on the desired outcome. He proposes that…

16 Feb 2023 · 1 min

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In this motivational monologue, the speaker challenges the common approach to goal‑setting that focuses solely on the desired outcome. He proposes that individuals should first consider the "cost" of a goal—the sacrifices, negative side‑effects, and trade‑offs they must be willing to accept. By asking, "What price am I willing to pay?" rather than "Do I really want this outcome?", the speaker encourages a more realistic decision‑making process that aligns goals with the limited set of costs a person is prepared to endure.

Chapters

You set goals for yourself. What I want you to do is think about the cost of that goal rather than the outcome. Most people go about setting goals by saying, what do I want to achieve? But then what they find out along the way is that there's a price to pay for that goal. With every positive thing that you bring into your life, you have to sacrifice something. So there's always a negative side to everything, and you have to select what negative am I willing to live with? What price am I willing to pay to have the outcome? So when I'm making decisions about goals I want to set for myself, things I want to do in my life, I'm asking myself, am I willing to pay the cost? Not do I really want that outcome, because there's a lot of outcomes that look really great, but there's only a few prices I'm willing to pay.