Thread: 2010 Resolutions, Plans

I know it's boring but... losing weight is on my list. I did it once and I am going to do it again. The hardest part for me is keeping off the weight...

1) Lose 3-5 pounds per month. x 12 months = 1 year goal of 40 total pounds. I need to lose half that to get down to where I was this summer. I gained a lot in the last 4 or 5 months. Eating crap, stopped exercising, the whole 9.

2) Double my salary with my online endeavor. This actually sounds major but it's not since I have only been paying myself a small portion for the last 8 months. It's a nice goal and achievable.

3) Dress nicer and shave more. I know this sounds strange but my attitude changes when I dress up a bit and make myself look nice, wear cologne, shave, and keep my hair trimmed. I look nicer, smell nicer, feel nicer, and am received by others nicer....

4) Make daily goals. I have a lot of long term goals but very little day to day goals. It's easy to allow a day or two to go by without moving forward. I will be spending Sunday night laying out the week's goals on a daily level from 9:30am to 4pm. I will allow after 4pm to be less structured.

5) Treat others better. I will spend more time this year complimenting others. I will also try to help friends and family by being a better listener, and helping them seek out any solutions to their problems, questions, etc. Find out more what is going on in their lives and goals and see if I can help them with it.

This will begin in about 10.5 hours....

I want to wish you all a very prosperous and successful 2010!! I'm glad to have met you guys and hope we can one day make money together!

I spent some time working on this and this is probably as detailed as I'll get it. There is a little overlap in this list and I also omitted a couple of very personal goals, but I plan on being as aggressive as I was in the 4Q09. And I am keeping names of my companies private. I wish everyone luck and hopefully we all succeed in achieving our desires.

Happy and healthy new year to all.

Randall’s 2010 Goals

PERSONAL

• Weight – reduce 20-25 lbs
  
  • Get to pre-wedding weight of 165
  • 5 lbs off for 5 months.
  • Keep the weight off !!!! (who else here drops weight every single year only to add it back?!?!)
  • Utilize Men’s Health exercise program
  • Work on building abs
  • Eat 5 smaller meals per day
  • Create meal schedule
• Work out more
  
  • Push ups – 100 per day x 3 days per week

i. Monday, Wednesday, Friday

• 
  
  • Sit ups – 200 per day x 3 days per week

i. Tuesday, Thursday, Saturday

• 
  
  • Pull ups – 20 per day x 3 days per week

i. Tuesday, Thursday, Saturday

• 
  
  • Bike Riding – 45 – 60 low gear minutes per day x 2 days per week

i. Wednesday, Sunday

• 
  
  • Jumping jacks or jump rope – 3 minutes x 3 days per week

i. Monday, Wednesday, Friday

• Spend more time with family
  
  • Rent Shore house
  • 3 Weekend trips with Jess
  • Golf trip to Boca
  • See Eagles/Dallas game in Dallas
  • 40th birthday with friends in Panama or Belize
• Rewards for meeting exercise goals:
  
  • Camera
  • Bicycle

BUSINESS

• Obtain financing package of 800k for XXYYZZ business
  
  • Strengthen advertising campaigns with more niche and target marketing utilizing the plan devised November 2009
  • Relocate biz to X
  • Strengthen technology
  • Dump warehouse
• Build up ABCD website –
  
  • 1st year

i. 10k sales per week
ii. Net 3k per week (at 29% margin)
iii. Keep expenses to minimum (1k per week)
1. Associate to update site and monitor orders (500/wk)
2. Advertising, Google (250/week)


3. office, phone, etc (250/wk)

• Expand existing XYZ business
  
  • Have 4 meetings of 1 hour each determining strategy of company
  • Utilize the ideas and suggestions that the associates prepared

i. Pick top 10 ideas out of 67 via vote
ii. Determine who implements the ideas
iii. Have 4 weekly meetings 4 weeks in a row
iv. Have secretary present to make notes
v. Have follow up meetings monthly with each associate


vi. Have monthly progress group meeting

• Move Warehouse Operations and possibly Delivery services - possibly outsource altogether
  
  • Conduct cost analysis
  • Compare pricing 3 companies
• Goals for Businesses to continue paying for me:
  
  • Health insurance – 18k/year
  • Auto insurance – 3k/year
  • Cell Phone – 3k/year
  • Retirement Contributions – 10k/year
  • Salary – 60k/yr

REAL ESTATE

• buy & sell SFR units – NET 150k
  
  • 6 single family units
  • Net 25k each
• Possibly get group of investors and purchase apartment complex
  
  • local areas
  • family
  • friends
  • network- websites
  • Barclay's IB

WEBSITES

• Build up XXYYZZ – 1st year 75k profit
  
  • Get 10k in sales weekly
  • Net 3k profit weekly

• Possibly utilize existing resources to create other websites
  
  • Sell merchandise for XYZ
  • Increase visibility for XYZ

EQUITIES – 40k income + 50% return by Dec 31, 2010
1. Main Account = $750 per week net income (40k annual)
2. IRA Accounts (50% return or $100,000)
i. Maximize returns – let winners run
ii. Minimize losses – continue 8% stop loss program


iii. Utilize IBD’s stock screener and “stocks on the move”

• Open trading account for kids. Goal 200% return by Dec 31, 2010

REVIEW

• 
  
  • Print several copies

i. Office desk
ii. Next to bed


iii. In car

• 
  
  • Review this list daily
  • Create and follow to do lists daily
  • Modify if necessary
  • Summary of Incomes desired this year:

i. Real Estate Flip 150k
ii. RE existing passive income 30k
iii. B&M stores 100k
iv. Web Sites first year 50k
v. Equities 40k

S pecific
M easurable
A Attainable
R ealistic
T imely
E valuate
R eevaluate

1. Graduate College by December 2010 (Stretch August 2010)
2. Purchase 2nd SFH rental Property
3. Renovate first property
-Finish basement (4th Bedroom & 2nd Bathroom)
-New Roof & Gutters
-3 car garage
- Decide to change into Duplex?
4. No Debt (Excluding Student loans and Mortgages)
5. Lose 50 lbs - 5 pounds per month until done in October 2010
6. Buy A new car in cash using copart.com
7. Decide what to do after college
-Travel,
-Law School,
-Grad School,
-Big Corp,
-Entrepreneurship
8. Develop passions -
-Salsa at least 1x per week,
-Practice Serbian or Russian 3x per week
9. Save $4,000
10. Wildcard

Revised (now I need to develop action steps)

My 2010 Goals

Productivity;

-Only listen to music in the morning and when in the car NOW
-Watch only 30 mins of TV per week NOW
-Set limits to how often I can use the computer (have time slots) NOW

Personal Development;

-Read 3-5 books/month (varied topics) NOW

Travel Goals;

-Play in the UKIPT Dublin 1,100 Euro Buyin (Hang out with Adrijus) SEPTEMBER 9-12, 2010
-Go to Buffalo, NY for the IIHF World Hockey Championships DECEMBER 26, 2010
-Go to B&P 2011 in Scottsdale, Arizona FEB 2011
-Go to the Grey Cup 2010 in Edmonton, Alberta NOV. 28, 2010

Health;

-Prepare all my own meals THIS WEEK
-Eat Clean (Natural foods) THIS WEEK
-Have set times to eat every day THIS WEEK

Fitness;

-Develop and follow a workout Routine THIS WEEK

Business;

-Move to Calgary, AB summer 2010
-Get into the nightclub business JUNE 2010
-Play poker professionaly at the 400NL level SEPTEMBER 2010
-Buy 1 property/year NOV 2010

Status Toys;

-Buy a brand new lime green Kawasaki Ninja 250R AUGUST 2010
-Buy a used Hyundai Accent NOVEMBER 2010

Yearly Income;

$100,000 ON GOING