What do you want to achieve in 2005?

 by: Richard Grady

Welcome to the New Year everyone
:-)

So what do you want to achieve this year.....?

The statements above are some of the more common goals that people set themselves at the beginning of a New Year.
This time of year is traditionally the time when we make 'New Year Resolutions' - those little promises to yourself that are usually forgotten about by the middle of January (if not sooner)!

So what can you do to ensure that your resolutions are not just a distant memory by Feb 1st?
Well, everyone is different and I can't promise that the same techniques will work for all but one of the best ways of staying on track is to put some proper planning in place and that usually means writing things down.

It is all too easy to think to yourself 'Yup, I'm going to lose a few pounds by March' but if that is all you do, you will almost certainly fail.
You need to take action and one of the easiest ways of forcing yourself to do this is to work to an action plan.
Let me explain.....

With any major goal that you want to achieve, it should be possible to prepare a plan of how you wish to achieve the goal and over what timescale.
To take the weight loss example above, you may have decided that you need to workout three times a week and cut out various foods if you are to achieve your target weight.
Therefore put this down in writing and monitor yourself on a weekly basis to ensure that you are actually doing what you are supposed to be doing.
If it helps, stick the entire plan/calendar on your wall or fridge so that you can't help but see it everyday.

If you want to start your own online business, you will need to be dedicating a certain amount of time to this each day, let's say two hours.
So draw up a plan that covers the next few months which details exactly what you want to have achieved by the end of each week/month, for example:

Week 1 - Prepare basic template for website

Week 2 - Learn how to use a basic HTML editor

Week 3/4 - Design and build actual website

.....and so on.

Of course, the above is a very simplistic example and your real plan will probably be far more detailed but the point is that having a plan to work to WILL help.

Many people like working to lists - that is, they like having a list of outstanding tasks to do because they enjoy ticking the jobs off once they are completed.
Working to a plan is very similar because you can 'tick off' each milestone as you pass it.

One thing that I wouldn't recommend though is spending too long drawing up the actual plan.
I once worked for a company and was involved in a major project that had various timescales etc that had to be worked to and the Managing Director asked me to draw up a project plan in a particular format. Now this format was incredibly detailed and it would have taken me about a week just to prepare the plan.
I felt this was wasted time and as the project leader, I refused to prepare the plan in the way that he wanted and instead spent a couple of hours drawing up a much simpler 'check list'.
He wasn't impressed but I guess he was just one of those people that prefers to spend their time planning rather than DOING.
The end result was that the project was completed on time and without too many problems but had I spent a week on unnecessary planning, we would have probably ended up a week behind schedule.

So plan your actions by all means but don't turn the actual planning phase into a project all of its own.
People can sometimes be reluctant, even scared to take action and therefore drag the planning out as long as possible in order to put the 'hard work' off.

Don't let this happen to you and be sure you plan in the right way - don't use it as an excuse not to take action in the first place.

Planning won't guarantee that you achieve your goals but it will certainly help and will definitely give you the edge over the majority of people that simply don't bother.....

Copyright 2005 Richard Grady

About The Author

Richard Grady has been helping ordinary people earn online since 1998. He writes a free newsletter which is published every two weeks. To subscribe (and claim your free gifts), visit: http://www.thetraderonline.com/newsletter.html



7 Simple Steps to Financial Freedom and Wealth Building - Step 5

7 Simple Steps to Financial Freedom and Wealth Building - Step 5


 by: William Tan

This is Step 5 of CashFlow Avenue's 7 Simple Steps to Financial Freedom and Wealth Building.

STEP 5 ? Arm Yourself with Options Trading Knowledge

Today, we move forward to understanding the business of Options Trading. Just like when we get into any new business, we have to equip ourselves with knowledge of the business. Many amateur traders pay the ultimate price by ?messing? with their hard earned risk capital and end up losing all their money. In any business, when you do that, you would be out of the game.

So before you go charging into the market, with the hope of unrealistic profit, please consider educating yourselves with knowledge of the business. You may get lucky a few times, but the luck will run out. Understand that for you to profit, some other trader will lose. Basically, in the equity market, you are, essentially, trading against other...

7 Simple Steps to Financial Freedom and Wealth Building - Step 5
Financial planning > 7 Simple Steps to Financial Freedom and Wealth Building - Step 5

How to Manage Your Money When Working Overseas

How to Manage Your Money When Working Overseas


 by: Rhiannon Williamson

It?s a fact that employers look favourably on a resume that presents an independent, dynamic individual who has an open mind and has seen more of the world than their own back yard.

With this fact in mind a greater number of people are taking time away from their studies and careers nowadays and spending a period of time travelling or working overseas.

If you?re considering taking a similar path this article will help you get your head around managing your money when travelling, living or working abroad ? once your finances are in order you can spend the whole of the rest of the time having fun, exploring the wider world and meeting many new faces!

Even if you?re planning a prolonged period of expatriation you should keep your local bank account open.
You can then manage money and expenses back home more easily if needs be, and maybe even send...

How to Manage Your Money When Working Overseas
Financial planning > How to Manage Your Money When Working Overseas

Business Plan Basics

Business Plan Basics


 by: Matt Bacak

If you are just starting a company and looking for funding, or looking for additional funding for growth, you will need to develop a traditional business plan. Creating a business plan is a business hurdle that entrepreneurs seem to dread. Do you do it yourself? Do you hire someone to do it? How do you get it done quickly, but without spending too much money on it? Will what you do yourself be adequate to get funding?

In this article I will discuss the pros and cons of do-it-yourself business planning versus having a business planning consultant do it for you or with you.

The Do It Yourself Business Plan

Particularly if you are seeking capital of less than $200,000, consider creating the plan yourself after taking a class or reading some books or getting some coaching for someone who has written successful business plans.

Consider taking a three-hour business planning class through SCORE...

Business Plan Basics
Financial planning > Business Plan Basics

An Offer You Can't Refuse?

An Offer You Can't Refuse?

 by: Ken Morris

Many of us have heard the term ?down-sizing?.
Down-sizing in corporations has taken it?s toll on the American worker.
Many people, ranging in age from their late 40s to early 60s, are faced with very difficult decisions.

These middle-aged, middle managers are being asked to consider "early retirement."
The offers from their employers may range from lucrative to paltry, but the decisions are difficult in almost every case.
Let's review some of the factors to consider when evaluating one of these "offers you can't refuse."

There are two levels of concern that must be addressed.
First, you must consider the emotional aspects of an early retirement decision.
It is possible, in fact probable, that you never considered retiring today.
For many people, especially those in their 40s and early 50s, retirement is still a hazy goal, far off in the...

An Offer You Can't Refuse?
Financial planning > An Offer You Can't Refuse?

An Overpowering Passion Creates Motivation and Success In Business

An Overpowering Passion Creates Motivation and Success In Business

 by: Paul Bryant

Why go into business? Is it for the money, the status, or just because it is inconceiveable to be an employee? Careful and serious thought stimulate the desire and commitment to pursue the initial processes in setting up in business. This involves risks, but the overwhelming desire to achieve, outweighs the possible hazards.

Once again, it comes down to a desire to achieve, to be successful, to demonstrate that a goal is attainable. But desire takes many forms. There are financial objectives, which many see as their goal in life. Controlling an organisation can be another catalyst in the overall necessity to succeed. Perhaps a better quality of life can be an objective. Or even a driving ambition to succeed.

Many a man has made his fortune working for others. So, why take the risks? Generally, it stems from an undivided passion for personal achievment. There...

An Overpowering Passion Creates Motivation and Success In Business
Financial planning > An Overpowering Passion Creates Motivation and Success In Business

Financial planning Financial planning

Wedding Rings

Wedding Rings

 by: Elsie Gilbert

Wedding rings don?t tend to get the public airing that they deserve, in your average wedding celebration. However, wedding rings are likely to be worn for the rest of the bride and grooms? living days, so they are, arguably, the most important element of the wedding accessories.

Wedding Rings ? The Basics

Wedding rings are exchanged as part of the ceremony, normally as vows are said by both parties. The guests do not...

Financial planning gold ring Financial planning gold ring
Financial planning > Wedding Rings

Financial planning Financial planning

Plasma TV for the Home Theater

Plasma TV for the Home Theater

 by: Tom Ace

One of the hottest topics in home entertainment is home theater. And one of the hottest topics in home theater is plasma TV.

Plasma TV for your home theater is actually only a receiver, much like your computer monitor, and is only one component of a great home theater. Still, it's an arguable point that the plasma TV is the part of the home theater package that you'll be viewing and is therefore a very important...

Financial planning plasma tv Plasma TV for the Home Theater What do you want to achieve in 2005? Financial planning plasma tv Plasma TV for the Home Theater What do you want to achieve in 2005?
Financial planning > Plasma TV for the Home Theater

Financial planning fitness Financial planning fitness