People in business make contracts for each other all the time. But do they ever make any for themselves? Have you ever made any for yourself? And why would you want to anyways.
Making a contract is easy, and very powerful in helping you stay on track to accomplishing your goals. It is making a commitment to yourself and your business. Writing something down on paper is extremely effective mentally. And hanging this contract where you can see it every day will remind you.
How to make a contract
Here is a short overview of making a contract for yourself. Obviously everyone is a little bit different, but this is a general layout you can use:
Write all the short term goals you need to do for you and your business. Make a list or whatever, just write it down. Short term goals are measured in weeks or months. Even days.
Then write down your long term goals. Where do you want your business to be in 2 years? 5 years? 10 years? Put a time limit on your long term goals and do your short term goals to reach them. Write both these goals down.
Write down the payout you will receive when you achieve these goals. Basically what is the point of doing these goals. In 2 years your business is doing very well. That is the payout.
Reward yourself for achieving these goals. Write down the rewards that you give yourself when you achieve these goals. Maybe a vacation, or go out and buy yourself something. It can be anything, as long as it’s personally rewarding to you. When you achieve these goals, then take your reward. This gives you something to work for as well, besides just the payout.
Of course we can’t forget the punishment either. If you are lazy one day and don’t get to one of your short term goals, take that extra snack away. Don’t go to sleep until it’s done. Whatever it is, it has to be personal for you. This may take a bit of self control but it will help stay focused.
Now that you have all that written down, sign it. Stick it up where you will see it every single day.
This is effective because your wrote it down. That makes a commitment. And it’s also effective because you see it every day. Working from home is still hard. And You don’t have a boss standing over you to make sure you get the work done. Be your own boss and have your contract hover over you. To help make sure you get the job done.
~Chris
Similar Posts:
- Goals, Do You Use Them? You Should, It’s Essential
- How to Manage Your Goals, and Your Problems
- The Old Debate: Quality vs. Quantity
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{ 2 comments… read them below or add one }
Great stuff Chris! If your readers like this be sure to have them read Think and Grow Rich… there is a great section in there about this.
Ethan Lanagan´s last blog ..The 4 Hour Work Week… Review
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That is actually one of my recommended books. That book is pretty amazing. I wrote a review on it as well. That is an old post, so beware lol.
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