3 Benefits of Signing a Goal Setting Promissory Note

Today, I just signed two Promissory Notes that I cannot afford to be foreclosed on.  They are both Promissory Notes on my life.

 No, I didn’t take out a loan with a Loan Shark with my life as collateral!  Well, unless I consider myself to be a Loan Shark.  I have been accused of being my own worst critic, but I have no intention of busting my kneecaps if I don’t pay off these two Promissory Notes.

First let’s explain what a “Promissory Note” is.

 A promissory note is just that, a Promise to Pay that is agreed to between two parties where the party of the first part agrees to pay the party of the second part certain items agreed to in the note on a specific date or on demand.
Promissory_Note
A Promissory Note is typically used in financial transactions such as loans.  When you take out a loan with a bank, for example, that institution is giving you something of value, usually money, for a period of time.  You are responsible for paying that loan back in a defined period of time.  You sign a “Promissory Note” often just referred to as a “Note” promising to repay that loan (in full and with interest, typically) back to the bank by a certain date.  Most notes also stipulate that you can be forced to pay the entire amount of the Note “On Demand” if certain parts of the note is not paid as agreed.
OK, I’ve into more legalese than you probably ever wanted to know.  But understand a Note is a PROMISE to DO SOMETHING agreed to by multiple parties.  The person promising and the person holding that person accountable.

Signing a Goal Promissory Note  with Yourself

I created and signed two Goal Promissory Notes with myself.  I have two goals that mean  a lot to me.  As I discuss in my Goal Setting seminars and a crucial part of the SMART Goals concept, Goals Must Be Measurable.

What Gets Measured, Gets Done!

When you create a Goal Promissory Note, you do a few things –

 

1. You set a clearly defined written goal.

It is a good idea to completely read any Notes you sign.  You want to understand what you are promising to do, right?   When you create the Promissory Note, you define the specifics to your goal that you will be working toward so you can clearly understand it.

 

2. You create a Binding, Legal Document.

Yes, it only legally binding between you and yourself.  But who better to hold you accountable.

 

3. You are making a Promise to Yourself to Perform!

Promises are important. You will keep your promises, especially to yourself.

I attended a presentation by the President of a “Credit Retrieval Agency” who stated that the very first task on their list when trying to get someone to pay on a Note that was delinquent was to phone the payer and ask,

“Mr. Smith, We know that keeping YOUR PROMISE is important to you. We are calling to ask when we can expect you pay the amount you PROMISED TO PAY, when you signed the Note to “so & so company”.

 He stated that they had a very high success rate with just that one call.  Why, most people are honest people and most believe Promises Are Important.

I Promise to Achieve My Goals

Now that I have created AND SIGNED, yes signing is important as well, my Goal Promissory Note for both of my goals I am on my way to being successful at achieving them.

My two goals I set today are:

A. On May 1st, 2015 I will get on the scale and it will read One Hundred and Eighty (180) Pounds.
B. On December 1st, 2014 I will launch my podcast on goal achievement strategies on iTunes.
I’ve attached my two hand written Goal Setting Promissory Notes so you can see the format I use.
Goal Promissory Notes 1

Goal Setting Promissory Note Commitment for Weight Loss Goal

Goal Promissory Notes 2

Goal Setting Promissory Note Commitment for Podcast Launch

 

 

 

 

 

 

 

 

 

 

 

 

I am committed to launching my podcast to share with you how to set goals properly and how to overcome the negative programming you may have received as you grew up and matured.  I know I have had negative programming that I had to replace with positive programming.  We will  be able to work together to become successful and achieve the goals we set.

If you would like to learn more, please enter your name and email address below and I will alert you when my podcast launches.  We can work together to Achieve Your Goals.

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How do you turn the invisible into the visible?

Setting goals properly is critical to successful achievement of those goals.  One of the main foundations of the the Goal Setting program I teach is also shared by two of the greatest motivational experts in the world, Anthony Robbins and Napoleon Hill.

Napoleon Hill, the author of Think and Grow Rich, interviewed several of the most successful people of his time.  This included people like Andrew Carnegie.  One of the top characteristics of these successful people was that they all had “Clearly Defined, Written Goals”!Goals Cloud

The secret to productive goal setting is in establishing clearly defined goals, writing them down …

 – Napoleon Hill   

Today, I saw this quote which talks about the same important principle in goal setting. Continue reading

6 Free Back to School Goal Setting Tips

Colored Pencils

It’s Back To School Time!  And I know your kids are really excited.  Probably not as much as you, but this is a new year and new challenges.

We all want our kids to enjoy school and to do their best.  I wish that I had know about goal setting when I was in school.  I did well enough, but I believe I could have achieve more, had I been more aware of what it took to succeed.  Once that I learned these skills, I was able to take my life and career to a much greater level.

These 6 Back to School Goal Setting Tips will help you guide your kids to be successful in what they strive for this year and many more to come.

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Why Can’t You Reach Your Goals If You Are So SMART?

Goal Achievement is a Journey!

Goal Getting is a journey to excellence and achievement!

Yea, Why can’t you achieve your goals?

You think you’re smart, at least you thought you were when you set SMART Goals. So, why aren’t you successful?

I am sure you have heard of how setting SMART Goals are important. I have heard and recommend the use of the SMART Goal concept. According to every goal setting seminar speaker or book you read, they will tell you that Goals should be SMART.

These characteristics or traits of a goal are important in setting goals, but unfortunately, many people follow these 5 traits when they work on setting their goals.  However, few are Successful.  . . . OR ARE THEY?

Maybe you are Successful!               “Successful At Failing”!

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CRAP! How the Heck Did I Get Here?

If you are a male, like me, it’s probably because you refused to stop and ask directions.

If this is your life you are asking about and not a physical location, it is a bigger problem. However, it isn’t because you are male, because this happens to all genders, but the cause is usually the same. It’s not because you didn’t ask for directions it’s because you didn’t plan your route. You didn’t set a goal, you didn’t set an action plan or more likely you probably didn’t WRITE IT DOWN.  Did you know that only 5% of people that set a goal write it down.

You Didn’t Use Your Map!World Map

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Beware of Ampires Among Us

Beware of Ampires Among Us

My wife and I went to Pasadena, California for the Independence Day weekend.  We had a long weekend and wanted to go someplace she had not been in California.  We moved to CA almost four years ago from the Atlanta, Georgia area and want to see as much of California as we can.  There is so much to see.

Suffer No Fools

When we arrived in Pasadena, we went to our hotel, the Marriott Courtyard.  As we checked in the Concierge, Michael Williams, said there was a concert across the street at the Levitt Pavillion across the street.  Michael set us up with front row fold out seats on the lawn and delivered the food we ordered.  We felt like the stars of the show.  Way to Go Michael and Marriott Courtyard.  What a great customer service experience.   But back to the purpose of this post.

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