TIME TO REVISIT THE PLAN
Recently I revisited my crypto plan, and to be quite frank it isn't looking good. I had an unexpected business cost that forced me to take out my investing/savings. This has been the pattern for the last 12 months and frankly, I have had enough. I can't keep on bailing out my business with my crypto funds. There is barely anything to spare at this point but that's by the way.
Not seeing things work out the way you planned often has a negative emotional impact on your psyche and productivity. I have talked about how I am dealing with this on an emotional level in my previous post. Today I want to speak about tackling things by strategically reviewing our(my) plan/goal.
So basically 'goals' are objective things you want to achieve i.e making more money; buying a car, etc. Plans on the other hand are defined guidelines to help us achieve our goals. For instance, if you want to become financially free you need to start a business and save. These are all plans, and they help us achieve our goals.
It is also worth noting that although goals may be static, plans aren't. They are supposed to be reexamined and restructured to align with your current reality. For instance, you cannot be thinking about saving when you lose a job. The plan to save might have been developed when you had a job but now it's no longer feasible, so you would need to review your plans. This doesn't mean your goal (which might have been financial freedom) has changed. The only thing that is changing is your route to financial freedom.
When most people face setbacks, they are crippled by their inability to follow their initial plan while losing sight of their goals. This shouldn't be the case because plans are only pathways to a said destination, and the moment you begin to see things this way the higher your chances of coming up with solutions to your problem.
The new plan might not be as fast or efficient as the previous one but as long as you are moving towards your goal, no matter how slow, you are on the right path. The key thing here is growth. You must be able to identify when and how you are growing. I say this because I understand that many people are lazy and will look for any excuse not to pursue their goals.
One key way to know if you are not self-sabotaging is by asking and answering this question: How are my current activities gearing me to my long or short-term goals? You must answer these questions in practical terms and if you cannot answer the question then you need to revisit the drawing board and restructure your plan.
In conclusion, do not be a slave to your own plan. There is room for discipline–which is key. You need to be accountable to yourself and stick to the right path. However, that should not come before your goal. Many people are stuck in businesses and jobs that are anti their goals despite working tirelessly. They are afraid of the change they are required to make to get back on track and would rather continue under the guise of working hard but with no result.
"Respect Result."
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Incredible post.
People removing from their investment(source) constantly is unhealty. Sometimes, it might be as a result of emergency, but you can't blame them.
Source
But the main idea here is to know how to balance and checkmate your book. Before making any planes to remove, you must first have a plane to add back. I guess that can be very helpful.
True that. However, in this case, considering the nature of my business, emergencies are a given and they occur consistently over a short period of time. My only recourse at this point is to limit my exposure to such risks while I figure out something else to invest my time and money in.
Thanks for stopping by
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Plans are indeed nonstatic and should always be reviewed when the circumstances change. I like it when people are bias to taking action because that is what will get them to achieve their goals. Measuring progress is also a good way to determine whether one is really moving the needle forward or just being busy.
You just summed everything nicely. Thanks for stopping by.
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If you plan to fail you fail to plan or something like that lol
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All na still planning. 🙃
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it is really annoying when you make plans and unforeseen circumstances come in the way. i have touched my crypto investments several times to bail myself out from something. but at the end i try to stay grateful for the opportuinity of having crypto as my safety net
Yeah it is really frustrating but thank God for crypto still. I take this as the hurdles one need to learn from. Moving forward.
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