THE POWER OF GOALS IN WEALTH ACCUMULATION

 Brian Tracy in his book , The 100 Absolutely Unbreakable Laws of Business success notes that successful people are very clear about their goals and their future. Clarity precedes achievement. Why are goals important in wealth accumulation? It is because goals act as a guideline in the way we conduct our lives. Since wealth creation is a mental game, without clear goals we are likely to miss the mark.

A person with clear goals is likely to achieve them faster than a person without them. Many want to become wealthy especially the youth. The key question is do they have clear and written down goals? If a youth is given a loan and diverts it to unplanned expenses it may be an indicator of a person who lacks clearly written down goals. Goals enable us to begin with the end in the mind as advocated for by Stephen Covey in his book The Seven Habits of Highly Effective People.

HOW TO SET CLEAR GOALS

1.Have a long term vision for your life.

2.Write down the long term ,medium term and short term goals for your life

3.Have mentors and coaches

4.Track your goals

5.Act on your goals

Goal setting is a precursor for wealth creation. Without clearly written down goals, long term wealth accumulation can seem to become a night mare.

Phillip Kiryowa

Finance and Leadership Coach

+256752615916

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