The Skinny Confidential Him & Her Podcast - Solo: How To Crush All Your Goals & Boost Your Productivity

Episode Date: May 31, 2024

#707: On today's episode Michae is solo sharing how he approaches setting personal goals and how he then creates systems to hit those goals. Michael dives into a system that gives listeners and views a long term approach to set big goals for themselves with the micro and macro goal setting systems to make sure those goals are met. Listeners will learn how to implement this system in their own life in order to hit their own goals and boost productivity.    To connect with Lauryn Bosstick click HERE To connect with Michael Bosstick click HERE Read More on The Skinny Confidential HERE To Watch the Show click HERE For Detailed Show Notes visit TSCPODCAST.COM To Call the Him & Her Hotline call: 1-833-SKINNYS (754-6697) This episode is brought to you by The Skinny Confidential   Head to the HIM & HER Show ShopMy page HERE to find all of Michael and Lauryn’s favorite products mentioned on their latest episodes.   Produced by Dear Media  

The following podcast is a Dear Media production. She's a lifestyle blogger extraordinaire. Fantastic. And he's a serial entrepreneur. A very smart cookie. And now Lauren Everts and Michael Bostic are bringing you along for the ride. Get ready for some major realness. Welcome to The Skinny Confidential, him and her.

Aha! Hello, everybody. Welcome back to The Skinny Confidential, him and her. Hello, everybody. Welcome back to the skinny confidential him and her show today. You just have the him perspective on a short Friday episode. This episode is all around how to set proper goals and then execute on those goals. I've had a ton of private conversations recently, and I realized that I personally have been doing an exercise that maybe some in my life have not utilized or thought about. And some of these individuals have been coming to me asking how to goal set and how to execute against those goals.

And so there is a method that I have been doing for years now, and I call it the 7-1-1 method. I don't know if I can actually fully take credit for that. I may have heard about it. I'm trying to think like maybe Warren Buffett or Charlie Munger, or maybe a resource they mentioned, and I'll explain what it is in a minute. So anyways, if you've heard of this method before, I've maybe over the years put my own spin on it, but I'm hesitant to take full credit for it because I'm sure I picked it up in some kind of book or talk or something somewhere. That's typically how things work

in my life. I read about something and then I say, oh, can I apply that? So anyways, this is called the 7-1-1 method. It may have been coined by someone else. I use it. I've used it for years now. And I think it could help many of you execute on all the goals in your life. So here it is in a nutshell. Many of us have big goals, big aspiration, big dreams. And we put all of these on a vision board. We write have big goals, big aspiration, big dreams, and we put all of these on a vision

board and we write these big goals, but then for some reason we fail to execute against them. And we go through life and we realize that we haven't quite hit the goals that we set for ourselves and we wonder why. Well, this is likely because you've set the goals and maybe done some manifestation, but then you haven't actually taken the steps back to put tangible executable plans in place. So the 7-1-1 method puts a plan in place as well as big goals. And the reason that we call it the 7-1-1 is because these are time references and timeframes. So the 7 for me stands for seven years down the line, what you want to happen in seven years.

This is where you're going to take all of your big goals. So let's say one of those goals is I want to save $100,000 or I want to buy a house or I want to be married with kids or I want my business to be in X place or I want to be in this kind of shape. You write that down as your goal in seven years. What this does is it gives you enough time to put the action in place to actually move towards those goals, but it doesn't make it so short that you can't actually hit the goals. What's that old quote? We underestimate what we could do in a decade and we overestimate what we can do in a year. I hope I got that right, Carson. I think I did. Anyways, that's the truth. Sometimes we put these big goals on paper.

We say, we want to do this in a year and it's just not realistic. And as humans, we are not nearly as patient as we should be. So for me, the reason that I like the seven is it's just far enough out of reach where it's not a decade, where it's so far away, but it's also not close enough for I'm going to make short-term decisions.

These are really long goals. So like I said, you can say, I want to save X amount of money or I want want to buy a house, or I want to be married with X amount of kids. I want to be in this kind of shape. I want to be living here, whatever it may be. I want to be this kind of job. So you write that down in your seven-year column. Then you go to the first one. And the first one is your one-year period. And in that, you're going to talk about what you are going to do in one year to move towards that seven year goal. So at Dear Media, what I've done every year is I

have this big seven year vision in my head. And every year I sit down and say, okay, what are the tangible things that I can do? So maybe that in my case at Dear Media is like, we're going to sign X number of shows, or we're going to reach X number of listeners, or we're going to do X number in revenue. I'm going to hire this many people, whatever it may be. I write it out in this one year plan. Typically now that moves into our budget, but let's say you're thinking about it as an individual and you want to save, maybe your seven year goal is you want to save a hundred thousand like I used earlier.

Maybe in that first year you say, okay, I want to save 10,000 of that hundred thousand. Maybe in the later years you start to save a little bit more because obviously you'd need, if you just did 10 years a year, that would only be 70,000. Anyways, it's not a math exercise, but say, okay, I want to save $10,000 in my first year. It could be five, whatever the number is. You write that down in your one-year column. Or let's say that you say in seven years, you want to be in the best shape of your life. Now you go in the one-year column and you say, okay, this is what I'm going to do this year to move towards that goal, that fitness goal, or that savings goal or whatever it may be. So now you've got that in the one-year column. You've got

your long-term vision, your long-term goals, and now you have your one-year plan. This is what you're going to do this year to execute to get to that seven-year distance. Next thing you do is the next one. This is where 7-1-1 comes in. The next one is you break it down by month. So what I do every single year, I write down what I'm going to do in the year. And then I go and say, okay, to hit that year goal, whether it's savings or fitness or what I'm going to do for my company, or what I'm going to do my marriage, whatever it is. Now I'm going down and saying, okay, monthly in order to hit my one year goal, this is what I'm going to do. So we said earlier, we want to try to save $10,000. What do I need to do to save per month? What is that? Is that about like $830 something dollars

or something? Is that right? I don't know what it is. Roughly $800 and something dollars. So maybe then I say, okay, this month I need to save $830. That's roughly $200 a week, a little bit more. And I'm going to figure out an actionable plan to put that in place. Or let's say that, you know, this is the first year I want to be able to run a mile, or I want to be able to lift X amount of weight, or I want my company, whatever. I start breaking that down by the month. So again, what this does is you have your big long-term visions and your goals in life, your goals that you want to, to make yourself happy, to feel achievement, to feel like your life is fulfilled. You have that in the seven-year column. Then you have what you're going to do each

year moving forward. And then you have your one month goal. What this is going to do is it's going to create action steps that you need to follow. And what you're going to be able to do is track it every month and hold yourself accountable. Did I actually save this amount? Did I put in the time in whatever fitness activity I was going to do? Did I do this for my company? Whatever it may be. Even let's talk about a social following. Say you're somebody that's just getting ready to build an online brand or you're going to start a podcast. Your seven-year goal may be, I want to one day have, I want my podcast to earn me, you know, a hundred thousand dollars a year. And I want 20,000 listeners every month. And I want to release four episodes a week and whatever it may be. You go back and you're okay. And one year, what do you need to do in order to do that? And

what metrics do you need to hit in one month? What are the things you're going to do? And what that one month does is it forces you to take action. So, so much of the time, you know, we have these big grand visions and all these people, they come on the podcast and you see them online and they talk about manifestation. You're not going to think your way or manifest your way into success. You need the manifestation and the thinking to set the big goal, but then you need to do what I'm talking about here, which is put in the tangible, actionable exercises to actually move towards that. I talk to so many young,

creative people and they talk about all these big ideas and these big visions. And I start saying, okay, well, what are you going to do in order to hit that? And so many of them look at me with a kind of a strange look, I'm going to manifest, or I'm just going to think about it. Like, no, you have to actually take the steps. And what I hope to articulate in the platform that Lauren and I have built is there has been a lot of great things that have happened over the years, over two decades or so, but it has been backed by exercises like this, where we sit down and we put tangible, equitable plans in place so that we can actually hit those visions or hit those goals. It's not something where like, hey, one day we

just want to be here. We even do this with our family. We sit down and say, okay, in seven years, where do we want to be living? Where do we want our income to be? What do we want our family to look like, including how many kids? And I know this may sound very planned out, especially for people that are like maybe a little bit less planned. But again, I'm telling you after years of experience and meeting so many people on this show and around this show that the ones that really execute and the ones that really hit their goals don't just have big visions, but they have big execution plans in have to do this stuff. And this exercise, the 7-1-1 can really help you get there. So I hope this episode helps again to recap. You take, and you can do this, I don't even know if it's a five-year one, but I do think it's important to have a long vision so that you don't take shortcuts, so that you're patient, so that you have a target far in the future to work towards. I think having just a one-year goal is not enough. So you have your seven-year,

it's out there, it's far, it's the big, great white whale that you're going after. And then you have your one-year, which is going to keep you on track for the year. It's going to give you purpose. It's going to give you focus. It's going to help you keep your blinders on. It's going to keep you patient, especially when you measure the one against the seven. I've done this for my fitness, for example. And my approach was in my first year, I'm going to get a base level of fitness. Now notice, I didn't say I'm going to get in great shape or I'm going to have a six pack or I'm going to lose X amount of weight. I said, I just want to have a base level of fitness. And what I tried to do in that first year was develop a consistent routine where I knew that I would

show up every week and make it feel like it was just part of the day, part of brushing my teeth, which it does now. But that first year was just like, can I get a base level? Can I show up to the gym and just get the repetitions in? Year two was I'm going to get in good shape. And good shape means I'm going to be maybe above average. I'm going to be in a place where I feel great about myself in the gym. And now this year, my goal is I'm going to be in great shape. Moving forward, I have more goals. But if you notice, I gave myself enough time there to not say in one year, I'm going to be in the best shape of my life. I'm going to have a six pack abs.

I'm going to lose all this weight. I've given myself time and developed a practice that I can be consistent with. You can do the same thing with business, with your relationship, with your savings, everything. So again, the one year gives you the action. And then the one month is the stuff that holds you accountable every single day. That's the stuff where it's like, did I do this? Did I save X this month? Did I go to the gym X amount of times this week? Say you want to read more. Say you want to read 500 books by seven years. Did you read X amount

of pages this month, X amount of books? One of my goals every year is I need to read a minimum of 50 books. So I break that down into 52 weeks. I got to basically average a book a week. But again, I'm showing you how these tips could work. So again, follow that 7-1- 52 weeks. I got to basically average a book a week. But again, I'm showing you how these tips could work. So again, follow that 7-1-1 rule. I think that will help many of you tremendously. I'm sure a ton of you already have huge goals and aspirations. Now try taking the one year and the one month approach to start putting the action items that you can execute on in place. With that, good luck. We will see you Monday with another episode. Hope this episode helps and I hope you enjoy these.