The second part of my week 1 homework is to lay out my personal goals. Later on, I’ll be discussing my business goals. These aren’t those. However, my business plans should progress me towards my personal goals.
After a lot of thought, these are my personal goals for the next few years.
Where I’m At Now
Right now, I’ve reached a point in my life where there is stability. I have a career. I have a wife and a house. And, I’m comfortable where things are at.
One Year Goals
After this article, I should very easily be able to answer the question: where do you see yourself in X years?
In a year, I would like to finish the improvements I am doing to my house. If you’d like to see my updates, follow Paint Covered Overalls.
Additionally, my wife and I would like to be working on creating miniature versions of ourselves. Beyond that, I’d like to continue to advance in my own career.
Three Year Goals
Weirdly, I want to learn Japanese. However, I’m unsure how much I want to put into this. Hopefully, if I list it as a 3 year goal, I’ll put a little more effort into it.
Above all, by this point, I will hopefully have a kid. Fingers crossed!
Additionally, I’d love to have a very nice garden by this point.
Finally, within two years, I hope to have a substantial amount of passive income to supplement my other income.
Five Year Goals
Within 5 years, my goal is to have sold at least one of my companies or stepped away enough that I can be more focused on raising kids than earning income.
Next, I want two kids by this point.
Finally, I would like to get back into my book writing after having taken many years off.
Ten Year Goals
Unsure if my ten year goals are much different than five year. These will be the family years I think.
Twenty Year Goals
I’m hoping to retire by age 50. Therefore, my twenty year goal would be enjoying retirement.
As a reminder, goals can change. These are my goals right now. It’s important to write them down so I can begin the process of making a roadmap for this business.
Richard is the managing attorney for Law Plus Plus, a local small business law firm. As managing attorney, he helps small businesses and nonprofits startup, creating the contracts, and navigate the legal needs of businesses. Some of his practice areas include: corporate, contract, mergers & acquisitions, corporate litigation, and estate planning.