The speaker emphasizes the importance of goal setting in achieving success in life. To climb a mountain, one needs a mountain, just like to achieve success, one needs clear goals. The speaker shares a study conducted at Harvard MBA in 1979, where only 3% of students set their goals on paper, and after 10 years, those students were making more money than the rest. The speaker also shares personal anecdotes of successful individuals like Jim Carrey and Bruce Lee, who set clear goals and achieved them.
The speaker introduces the SMART goal-setting technique, which stands for Specific, Measurable, Achievable, Relevant, and Time-Bound. The speaker explains each component in detail:
1. Specific: Clearly define what you want to achieve.
2. Measurable: Quantify your goal so you can track progress.
3. Achievable: Set realistic goals that are challenging yet attainable.
4. Relevant: Align your goal with your values and priorities.
5. Time-Bound: Set a specific deadline for achieving your goal.
The speaker encourages listeners to apply the SMART technique to their own goal setting, emphasizing the importance of clarity, focus, and accountability. By setting clear and achievable goals, individuals can unlock their potential and achieve success in their personal and professional lives.
Here are the key facts extracted from the text:
1. In 1979, a survey was conducted at Harvard MBA students to determine how many people set goals in their life.
2. 84% of people in the survey did not set any goals.
3. 13% of people in the survey set goals but did not write them down.
4. Only 3% of people in the survey set their goals on paper.
5. After 10 years, the same individuals were interviewed, and it was found that the 13% who set goals in their mind were making twice as much money as the 84% who never set a goal.
6. The 3% who had written goals were making more money than the 97% who did not have written goals.
7. Jim Carrey wrote a cheque to himself in 1989 for $10 million for acting services rendered, and 10 years later, he was cast in a movie for the same amount.
8. Bruce Lee wrote a letter to himself in 1970 stating that he would be the biggest actor in the US by 1980, and he achieved his goal.
9. According to Stanford University, a common man only uses 2% of his mental ability.
10. The SMART goal-setting technique consists of five elements: Specific, Measurable, Achievable, Relevant, and Time-Bound.