Home
>
Success
>
How To Create a Life Strategy for Business Success - Part One of a Series

How To Create a Life Strategy for Business Success - Part One of a Series

Ask yourself the following:

1. I have created a life-strategy plan for the next:

a. 20 years.................Yes No b. 10 years.................Yes No c. 5-years..................Yes No d. 1-year...................Yes No e. 1-week...................Yes No

If you knew how to create a life strategy and implement it, would you be interested in doing so? ...................Yes No

Very few people take the time to think through, and commit to paper, a life strategy for the future.

Surely, we all set certain life goals such as finishing High School, obtaining a college degree, attaining a specific professional position, reaching an athletic goal, or achieving a particular level of personal income.

However, in general, few people look to the future and fashion a wide-ranging and cohesive life strategy that would reach 5-10-15, or even 20 years into the future.

Normally, people maintain much shorter life-strategy horizons because it is difficult and very challenging to look far into the future and predict an outcome. In addition, most people, from an early age, do not learn why it is important to create a life strategy.

The lack of long-term life-strategy horizons could also be an intrinsic consequence of our culture and its orientation to instant gratification and wanting everything NOW! You could say a lot about the importance of living in the moment and of not being obsessive to the point of planning one's life down to the last detail. After all what about spontaneity and embracing the naturalness of life as it unfolds?

We could not agree more.

However, we have always encouraged people to develop some form of a life strategy so they have something to look forward to, and, at the same time, set productive goals that have meaning, substance, and represent a raison d'?tre for their many years of living.

A life without some life strategy is like a boat without a rudder.

Your boat will definitely get you somewhere due to the forces of wind and water currents, but where you end up may not be where you really want to go.

For that reason, it is important to give your life some direction to end up where you want to be in life in the future.

Bear in mind that you do not have to give up spontaneity or the natural evolution of your life to embrace a life strategy even 20 years into the future. It is equally important to be open to all possibilities in your life so that you do not overlook opportunities that might come to you.

You will discover that when you have a life strategy that has a 15-20 year horizon you will be continually refining your life strategy as you gain more knowledge and experience in your life. Additionally, you will also learn to fine-tune opportunities as they present themselves, which further enhances the fulfillment of your life strategy.

Consider a long-range life strategy as a chart of your future, which has elasticity so that you can tweak it from time to time to perfect its outcome.

Conversely, you should build your life strategy on a solid foundation of clear life-goals.

Goals like self-reliance, financial self-sufficiency, and entrepreneurialism.

For instance, let us say that one of your major long-term goals in a 20-year life strategy is to retire a multi-millionaire at age 50. That certainly is a reasonable and worthy goal for anyone. However, let's say you get within 10 years of your goal and lose everything in a bad business deal. At that point, you literally have to start over to rebuild whatever portion of your multi-million dollar retirement nest egg that you had already accumulated.

Does your life strategy change? Yes, it certainly does.

The biggest change is that you now have to extend your retirement age to 60 instead of 50. Then again, based on all of the knowledge, valuable contacts, and business savvy you have acquired in your life thus far you might be able to shorten the time horizon to your goal.

More often than not that is exactly what happens with entrepreneurs who encounter a major setback, they come back even stronger. As a result, the life-strategy goal of retiring a multi-millionaire does not change, only the timeline changes.

Clearly, developing a life strategy makes a lot of sense and can be useful to just about anyone.

In future articles, we'll discuss these questions: How do you go about creating a life strategy? What are the steps, and how do you maintain a life strategy over time in order to reach your goals?

About The Author

Charles and Holly Egner are veteran entrepreneurs. They have trained, coached, and mentored hundreds of aspiring entrepreneurs. Their last entrepreneurial venture sold for just under $400 million in 1999. buildonyourdreams.com was founded to help promising entrepreneurs to build the business of their dreams.

For a f.ree Life Strategy Planning Teleseminar, visit buildonyourdreams.com today.

shuttle to Midway Beardstown .. Lockport Chicago limo O’Hare

In The News:

The FBI has issued a warning that scammers are impersonating doctors, police and banks using spoofed numbers as "smishing" texts surge nationwide.

Communities with unreliable internet service stand to gain after Amazon's Project Kuiper launched its first full batch of satellites into orbit April 28.

Tech expert Kurt “CyberGuy" Knutsson says unsubscribing from spam might actually backfire. Learn when to avoid it and stop junk effectively.

Tech expert Kurt “CyberGuy" Knutsson talks about how the first nonstop beating heart transplant, called zero ischemic time, at Taiwan hospital changes surgery.

Kurt “CyberGuy" Knutsson: FBI warns of "time-traveling" hackers.

Kurt “CyberGuy" Knutsson talks about a soft, vine-like robot called SPROUT that aids safe survivor rescues in collapsed buildings.

Health insurance giant Blue Shield of California confirmed it had been sharing private health data of 4.7 million users with Google for three years without even realizing it.

Delta and JetZero’s blended wing body aircraft marks a meaningful step toward a cleaner, quieter and more efficient future for air travel.

Recent reports show many common passwords can be cracked in literally seconds. Kurt the CyberGuy explains how to strengthen your passwords.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Iron, a robot that stands 5 feet, 8 inches tall and weighs 154 pounds, combines advanced artificial intelligence with human-like movement and exceptional vision.

Hertz, the rental car giant, recently confirmed that customer information was exposed through a cyberattack on one of its software vendors.

There are a number of features with AirPods you may or may not know about to take your listening experience to the next level. Kurt the CyberGuy explains.

These 35 Chrome extensions have privacy and security concerns. Tech expert Kurt “CyberGuy" Knutsson says to delete them now.

Tech expert Kurt “CyberGuy" Knutsson says 329,000 mph fusion rocket promises to be fast, disruptive and enable deep-space missions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says a new autonomous AI is a game changer that also raises privacy risks. Is your data safe?

Tech expert Kurt “CyberGuy" Knutsson says robots and drones are revolutionizing fruit farming with faster picking and smarter handling.

Landmark Admin revises May 2024 cyberattack scope to show twice as many people were affected. Kurt “CyberGuy" Knutsson gives tips to help stay safe from an insurance data breach.

Tech expert Kurt “CyberGuy" Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

Tech expert Kurt “CyberGuy" Knutsson reveals how to memorialize or remove a deceased loved one’s Facebook account and protect their digital legacy from misuse or scams.

Tech expert Kurt “CyberGuy" Knutsson says an Apple Watch saved psychiatrist Amanda Faulkner by detecting deadly leukemia early.

Scammers and fraudsters are increasingly targeting the most vulnerable, especially nursing homes and the personal data of their residents. Kurt the CyberGuy has safety tips.

Infected USB flash drives can spread malware among multiple organizations in ways that can easily bypass traditional security systems.

With a fully automated warehouse system and AI-powered robots, Ocado's Hive picks, packs and delivers grocery store orders in just a few minutes.