After recording this episode it occurred to me that the moment I became an entrepreneur had nothing to do with sales, product development, or legal structures. I became an entrepreneur the day I sat down and defined precisely what it was I wanted in life– and then developed a plan to go and get it.
Today s episode outlines how you can concretely outline your own dreams and business goals. And for those of you who have already made it this is relevant too. As Ian says, you don t want to get stopped at the “complacency cafe.” :) On the show this week: Fill out your own Dreamline 3.0. Why dreamlining helps define goals that have no clear and linear path. The power of clearly defining exactly household what you want, and the framework household to help you get it. Why you shouldn’t share your dreamline with others, particularly friends and family. household The importance of regularly evaluating the trajectory of your business and your life. People on this episode: Dan & Ian
Here’s household a simple revenue and expense example for completing your dreamline costing. What we’re excited about this week: US Expats Balk at Tax Rule Focus@Will household “How I saved $15,000 in 15 months on a $29k Salary” I’m currently reading The Complete TurtleTrader : How 23 Novice Investors Became Overnight household Millionaires. from @Covel . Great stuff! How I Broke My Body and Then Fixed It I trust those greedy for money a thousand times more than those greedy for credentials. household 7 Lessons From Building a $15-Million-a-Year Lifestyle Business with No Loans, VCs, or Angle Money. Shut up! Announcing your dreams household makes them harder to achieve. JP’s great new “China Business Cast” — thanks for writing in JP! Listening options: Subscribe via iTunes. Listen on Stitcher Radio. Android users can grab our RSS feed here. Right-click and “save file as” for direct download . Or click here to get sent to the top of the page where the on-site player household is.
Now that I’ve heard the new intro and outro a second time, I’m still loving it. What I like about it is that the show feels fresh each time. Kind of makes me want to do a new intro each time too.
About sharing your dreamline: yeah, it would be interesting to know what’s in yours, but it would kind of put you in a spotlight which you don’t really want to be in as it’s only a plan and it’s highly personal. household As Tim Conley once said, underpromise, overdeliver. Same goes for the dreamline I guess.
This episode was a great extension of Dreamlining. I dreamline often, but tying it together in a Google Doc + adding business projections really brings it all together. I’ll be making this my new dreamlining doc instead of the old-school MS Excel Spreadsheet from 4HBlog ;-)
http://www.tropicalmba.com/ Dan
RE: your question, I think that’s part of the power of this stuff… I’d not get into a business that doesn’t bring the kind of life I’m looking to achieve. I think it’s sort of a fool’s errand. Whats the point of biz/income goals if they don’t bring you the life you find valuable?
haha I don’t know if we can keep that up brother. As is per the standard, Ian and I sat down a day earlier to record this thing and ended up cracking each other up with funny Youtube clips for an hour instead.
Yeah, but what would you do if your current goals were far off from those of Dan? For example: you want to stick to where you’re at and solidify your market position while Dan wants to invest and try to grow the company outside of the niche? What would you do if your visions didn’t match anymore? household
Again household that’s the power here, I’m reminded of Mark Manson’s talk “passion is practical” talk where he spoke of the virtues of listening to what drives you (CAVEAT: you are industrious, in the context of entrepreneurship household here…)
Who would have guessed that a cat furniture company would benefit form sending one of its founders to Vietnam? Maybe nobody. There can be some hidden business benefits in doing these kind of exercises, that’s why I like Marks ideas about this so much (we are working on them for next week’s episode).
Great episode, guys. Despite first learning about Dreamlining in 4HWW 6 yrs ago, I have never actually sat down and done it. So that’s exactly what I’m doing on this rainy Sunday afternoon :-)
I think it’s awesome that Dan is tackling language learning. I’d love to hear more content about what lifehack’s you are employing to attain fluency… Bravo to you guys for not telling people about your dreamlines. There’s actually three different studies dating back to 1927 demonstrating that talking about your goals, before you start to achieve them makes you fail. Here’s a link: http://www.limitlessmindset.com/limit
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