Wednesday, May 22, 2013

Welcome to my journey

So here we are... ready to begin my personal transformation challenge in 12 weeks. Over the next 12 weeks, I intend to build myself up as individual who is disciplined, organized, determined, persistent and capable of getting anything he wants.

But hold... we can't really measure these things can we? So my goals better be measurable.

Here are my measurable goals...

- Work 50 hours a week by the  1st of August 2013 i.e 10 hours a day Monday through Friday
- Wake up at 5 Am in the morning and return to bed at 10 Pm
- Engage in physical activity (football juggles) for 30 minutes daily and build my skill in that (Goal - 100 consecutive juggles on both left and right leg)

Why should I achieve these goals and how are they going to impact me in the future?

These goals are designed to help me build discipline and a HABIT that will serve me for a REALLY long time. Since I'm an entreprenuer, I have a wide range of never-ending tasks that I will have to keep doing. All of these tasks will definitely contribute to my bottomline.

But it's my responsibility to motivate and discipline myself to do these tasks. The problem is... I don't and haven't been doing so. I've lost out hundreds of thousands of dollars in lost opportunity.

Just like how Satish put it, Vinod Kambli failed to become the greatest cricketer in the world because he lacked half the discipline Sachin had.

You could easily add me to that category as well because of the opportunities I've failed to act upon.

And that's one of the main reasons I decided to hire a coach. With a coach in hand, I feel MORE confident than ever before. It was a decision that certainly took me out of my comfort zone because a guy like me would have never done that.

I'd have told and reassured myself that battles are best fought alone and kept that way. Actually it shouldn't be.

My coaching sessions with Satish are re-introducing some of the things I've realized over the last three years of my life. The difference - I'm having a conversation with another individual.

Six months ago, I realized what my coach always says - The way you're with one thing, the way you're with another. 

If you're disciplined in one area of your life, you will be disciplined in other areas of your life as well. So back then, I set a goal to wake up at 5 am in the morning and go to bed by 10 Pm in the evening.

Progress was slow and I kept at it for a week. But then I don't know what happened. The sleep clock was reset and I lost my progress and it was another failure that I kept on beating myself with and gave up.

Now I'm implementing the same basics with Satish. The only difference... I have someone to motivate me to keep me going.

Let me give you an example of today... I failed at working the six hours a day that I needed to do. Yes - it's certainly a failure but I'm not going to let it hold me back. It's the past.

I look forward to the future and am confident that I will surpass 6 hours of work tomorrow in 2 sessions (3 hours morning and 3 hours noon).

So back to the main story... How does achieving these above mentioned goals help me in other areas of my life?

1. With 50 hours of week by the 1st of August, I expect my income to shoot up to at least Rs. 75,000 each month without increasing my business costs with just my writing business. How is this going to benefit me?

- Business costs will be only around 5,000 - 7,500 per month

- House expenses will end up at a total of Rs. 28,000 a month (Kaveri water coming in, chit payments ending)

- My party sessions (let's just say that I let myself loose on the weekends and not drink 50rs booze like I used to). So let's say the expenses are around 4.5K each month along. We can replace booze with movies, theatre shows, trips as well.

So all of this amounts to a total of Rs. 40,000 each month. I will be left with Rs.35,000 each month in my account which I can use for the following:

- Save Rs. 15,000 each month to pay back existing debt (Muthoothu 58K & my uncle 30k)
- Save Rs. 10,000 each month in my father's savings account so I can recoup all the cash his dad gave him (total of 5 lakhs) and stop feeling guilty (Through RD)
- Save another Rs. 10,000 for myself and my future (business, personal expenses, education and so on).

If my income would be higher or I somehow find a way to reduce my expenses/burden, I'll probably be continuing with Satish for bigger and better things.

One thing - I feel very tempted to start saving to pay back the debt now. If I do, it'll affect the sessions I have with Satish - which is perhaps the most important thing this moment.  So I'm keeping the 10K a month separate.

When dicks and losers take 5 - 15 lakhs in personal loans putting their parent's hard-earned homes in pursue a degree and study, my Rs. 30,000 with Satish for my personal coaching is nothing.

It's probably one of the most valuable investments I've made over the last 3 - 6 months.

2. Income unlimited

Working 50 hours a week presents me an opportunity to earn unlimited income. My income is only limited by the decisions, risks and the work I do. The habit I build will keep me working laser-focussed on my business.

And therefore, my income will naturally increase as I begin to create value for more businesses, more customers, etc.

I expect my income to be at Rs.1 lakh - Rs.1,25 lakh each month by the end of this year (Assuming that I ingrain 50 hours a week habit by 1st of August)

3. Playing sports

Football form comes back and I will begin to feel like a true hero who rose back from the dead. It's true that I suck now. But playing football makes me happy and once I start practicing, the improved form will affect other areas of my life too and I will be the fittest I've ever been.

My goal is to get ready to play 90 minutes of hard core football without exhausting myself. This will be accomplished through a variety of physical activity - first of which is juggling. Just feeling the hang of the football on my foot :)

So I think that's it for today... I will talk with greater detail tomorrow

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