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1/5/10 Plan - Who has written, or updated it in 2020?

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Sethamus

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I just finished writing my 1/5/10 year plan in one of my work journals and wondering who else, especially 2020 summit attendee's, has sat down and written or updated an existing one?

One extra step that I will work on is updating throughout the year a 2 week plan that is dated with items that I can do right now to start achieving my 1 year plan. At the end of the two weeks, mark off what I accomplished and carry over what I did not into the following two weeks at the top with new additions below. I think this will help me with continuous improvement of my goals and to start executing more and stop dreaming. 10 year plan is finished, no more dreaming needed.

@MJ DeMarco
View: https://www.youtube.com/watch?v=eKt59HIl8Ok
 

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AceVentures

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I've been working on my "Why" via Jordan Peterson's Self-Authoring suite. I'm nearing completion of the Future Authoring program which poses similar questions centered around your ideal life. I'm at around 20 pages of text at this point. Not that the length matters, but simply stating that the questions have required much reflection, and I've obviously had much to talk on the topic.

I've found tremendous value in it and would like to share some of my takeaways from the exercise.

The program breaks into two sections, the first helps you design your ideal life, and the second is focused on establishing measurable goals to help you achieve your ideal life. The questions that are asked throughout the exercises are very helpful at getting you to think deeper about what you want. The second part blew me away with some of the questions it asked. Evaluating the motives behind my goals helped me eliminate a couple that I found weren't true to me, considering the personal and social implications the success of my goal might have helped me find more reasons to push through, and identifying possible obstacles and developing a strategy for overcoming those obstacles was also very insightful.

Part 1: Questions to help you map your ideal life

Several questions are posed to help you begin to envision different facets of your life.

1. If you could choose only one thing that you could do better, what would it be?

2. What would you like to learn more about, in the next six months? Two years? Five years?

3. What habits would you like to improve?

4. Describe your ideal social life: Friends and associates are an important part of a meaningful, productive life. Take a moment to consider your social network. Think about the friends you might want to have, and the connections you might want to make

5. Take a moment to consider the activities you would like to pursue outside of obligations such as work, family and school. The activities you choose should be worthwhile and personally meaningful.

6. Take a moment to consider your home and family life. Peaceful, harmonious family life provides people with a sense of belonging, support for their ambitions, and reciprocal purpose. Describe what your ideal family would be like. You can write about your parents and siblings, or about your plans for your own partner, or about your children, if any – or about all of these. What kind of partner would be good for you? How could you improve your relationship with your parents or siblings?

7. Much of what people find engaging in life is related to their careers. A good career provides security, status, interest, and the possibility of contributing to the community. Take a moment to consider your school or work careers, or both. Where do you want to be in six months? Two years? Five years? Why? What are you trying to accomplish?

8. Qualities you admire: People you automatically admire have qualities that you would like to possess or imitate. Identifying those qualities can help you determine who it is that you want to be. Take a moment to think about the two or three people you most admire. Who are they? Which qualities do they possess that you wish you had?

After answering these questions in good detail, you're asked to close your eyes and daydream about your ideal future. This step helps integrate what bits and pieces you were able to map out with the prior questions. You're encouraged to be ambitious, to imagine a life that you would regard as honorable, exciting, productive, creative and decent.

To complete Part 1, you're asked next about A Future to Avoid. I personally found this section to be very powerful. You're asked to spend some time thinking about what your life would be like if you failed to define or pursue your goals, if you let your bad habits get out of control, and if you ended up miserable, resentful and bitter. Imagine your life three to five years down the road, if you failed to stay on the path you know you should be on. Use your imagination. Draw on your knowledge of the anxiety and pain you have experienced in the past, when you have betrayed yourself. You're asked to think about the people you know who have made bad decisions or remained indecisive, or who chronically deceive themselves or other people, or who let cynicism and anger dominate their lives. Where do you not want to be?

This section alone was worth the entirety of the exercise - my convictions grew much stronger as a function of mapping out what a nightmare future would look like - as I now have a good story around what I DON'T want and am absolutely committed to avoiding.

Part 2: Goal Setting Exercises

This second part of the exercise is where I believe it falls short, although it does have merit. This is likely where you could combine the previous part of the exercise with a 10-5-1 plan.

You identify 6-8 sub-goals that can help you achieve your ideal life. Although it starts as a simple exercise, after you identify your sub-goals and provide a description for each, next you're taken through a series of questions that add a lot of meat to your goals.

For each of the goals you set, you're asked 5 sets of questions.

1. Evaluate your Motives:
  • Do you truly believe that pursuing this goal is important?
  • Would you feel ashamed, guilty or anxious if you didn't?
  • Do you want to achieve this goal personally, or are you doing it to please someone else? (It is often a good thing to do something for someone else, but you should know when you are doing that.)
  • Are you pursuing this goal because the situation that you find yourself in seems to demand it?
  • Is the pursuit of this goal enjoyable, stimulating or satisfying?
  • Is this goal part of a deeply felt personal dream?
2. Consider the Personal and Social Impact of the Goal:
  • How would disciplined success change the way that you see yourself?
  • How would other parts of your personal life change, in consequence?
  • How would this affect the way that others perceive you? (You might also consider fears of being successful. Sometimes people are afraid to succeed because of the responsibility this would entail. Sometimes they are afraid of even becoming conscious of their true goals, because then they would be aware when they fail. These are not good strategies.)
  • How would attaining this goal affect the lives of the people around you?
  • What broader beneficial social impact might your success have?
3. Consider the Detailed Strategies for Goal Attainment:

Thinking about what specific things need to be done in order to achieve your goals allows you to create practical strategies for realizing your dreams. Please take some time to write about the concrete daily or weekly things you might do to further your goal. Deeply consider what particular behaviors this goal is built upon.
  • Should you spend more time planning at school or at work?
  • Do you need to spend more time with your friends, or your children?
  • Do you need to discuss household chores with your roommates, partner or spouse?
4. Identify Potential Obstacles and their Solutions:

Consider your goal, once again. Write down all the potential obstacles you can think up. Write down ways to overcome these obstacles.

How might you interfere with your own plans? How can you ensure this won't happen? Sometimes change is threatening to people we know and love. Will the people you know help you, or interfere? How can you communicate with them, so that they will support you? Think of realistic and worst-case scenarios. What are your options? What are your alternative plans?

Write down potential obstacles to this goal, and specify the ways you might overcome them.


5. Monitoring Progress:

  • When would you like to achieve this goal? Be specific. Even if you have to revise a deadline later, it is still better to set one.
  • What sorts of things will you accept as evidence that you are progressing towards your stated goal?
  • How often are you going to monitor your own behavior?
  • How will things in your life have to change, measurably, for you to feel satisfied in your progress?
  • How can you ensure that you are neither pushing yourself too hard, and ensuring failure, or being too easy on yourself, and risking boredom and cynicism?
 
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Sethamus

Sethamus

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Love it, i'm going to go over this and combine with with my 10-5-1 to make sure what I have is solid and continue on my 2 week progress goals.

Also, still thinking of ecommerce? We need to get a group together of new and experienced members to come up with a solid process to start correctly with the mindset to expand above that 5 mil revenue mark.
 

MattR82

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I saw that video pop up on YouTube the other day and am going to do it this weekend.

I had a bit of an argument on Friday night with a friend of mine that's a GP over it, he doesn't agree that it's worth doing.

As he said this to me, and a friend of ours that's in a really bad spot in life at the moment that I'm trying to help get out of a rut of drugs and alcohol, I'm kind of starting to notice more and more how some people try and keep others down for some weird reason. Particularly professionals like doctors, lawyers etc.
 

GoodluckChuck

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I wrote out a 20-10-5-1 plan and it's been very helpful to review it every morning when I'm getting started. It hangs on the wall of my office next to my vision, mission, and principles for my business.

After reading @AceVentures take on the future authoring Im going to spend some time writing about those questions which will surely make my long term plans even more clear. Thanks for divulging your experience on that.

I view it as a look through binoculars in the direction I'm heading. I can choose to look or not look, but if I dont then I might end up somewhere I didn't intend to be.
 

Ernman

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I'm kind of starting to notice more and more how some people try and keep others down for some weird reason. Particularly professionals like doctors, lawyers etc.
1. Yes, some people engage in this behavior. Likely to help themselves feel better, "my life sucks, but OMG look at that poor SOB." You're noticing it more because you're paying attention to it - that's a good thing for you.
2. I've never experienced a doctor trying to keep someone down. Some can be direct, "stop taking drugs or die," and some have developed scars from caring too much early on that can mask what they are really feeling. That said, some MD's in specialties can be royal pricks. Maybe I've just been lucky and never experienced such behavior from an MD. Or were you using the term, "doctor," to refer to anyone with a PhD?
3. Some lawyers are specialists at putting people down. Maybe litigation just makes one harsh that way? But I try to NOT categorize people and even have some lawyers that I like. :)
 

Ernman

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Yes I wrote a 10/5/1 and plan to revisit it annually around the anniversary of the Summit. I very purposely refer to it with the 10 first because I believe that must be the first step. If I don't know what I want my life to look like in 10 years, then whatever it looks like in 5 or 1 year from now doesn't matter. Lots of famous sayings along the lines of, "if you don't know where you're going - any road will get you there." (said many famous people in many famous ways) This is a very important and personal exercise. I also encourage folks to not take it too literally. Maybe a 20 year horizon is appropriate or add a two year mark. The important part is to understand where you want to be in the future, define milestones so you can assess if you're making progress along the way and hold yourself accountable.
 
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Sethamus

Sethamus

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I saw that video pop up on YouTube the other day and am going to do it this weekend.

I had a bit of an argument on Friday night with a friend of mine that's a GP over it, he doesn't agree that it's worth doing.

As he said this to me, and a friend of ours that's in a really bad spot in life at the moment that I'm trying to help get out of a rut of drugs and alcohol, I'm kind of starting to notice more and more how some people try and keep others down for some weird reason. Particularly professionals like doctors, lawyers etc.
It is amazing the way people will treat others to make them feel better. If they do not have someone who is a complete F*ck up or going through an obvious rough patch like your friend is around them. Then they are left with the reality that their life isn't so great as they think and they are doing nothing to improve themselves in a professional career or personal life. Limit these types of people in your life or call them out, especially when done to a friend who is struggling. Why do you think everyone came home from the summit on a high? The people attending have similar goals at improving themselves and take value at having the same type around them. So we are generally very supportive even if we don't fully understand someone's plan to fastlane or we are the type to call BS when someone is fooling themselves.

The reason you may think professionals stand out more is generally they are the ones who come out of college making 6 figures and get the percieved thought that they are doing better than everyone else. Who would you like to be; The guy making $60-80k a year that budgets his income with little to no debt and able to take 1-2 vacations a year or have money left over to invest into a new business venture? Or the professional making 150k that is trying to live like someone who makes $500k with barely any money left over month to month, paying for vacations with a credit card because they have too many bills, and argues with his wife about money every week. The only difference is money management and living within your means, and a shitty attitude.
 

AceVentures

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Also, still thinking of ecommerce? We need to get a group together of new and experienced members to come up with a solid process to start correctly with the mindset to expand above that 5 mil revenue mark.
Yea man I'm up for that. Why don't we get started with the two of us and we can grow the list from there.

I'll send you a text: let's put some time on the calendar for a phone call and we can take it from there.
 

AceVentures

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I wrote out a 20-10-5-1 plan and it's been very helpful to review it every morning when I'm getting started. It hangs on the wall of my office next to my vision, mission, and principles for my business.

After reading @AceVentures take on the future authoring Im going to spend some time writing about those questions which will surely make my long term plans even more clear. Thanks for divulging your experience on that.

I view it as a look through binoculars in the direction I'm heading. I can choose to look or not look, but if I dont then I might end up somewhere I didn't intend to be.
Anytime!

I want to emphasize again the importance of the Future to Avoid. Kinda goes with the TR saying on using Pain and Pleasure to move yourself to action. You can paint a picture of the ideal life, and by virtue of how pleasurable the attainment of that vision is, you can propel yourself to growth. In the same way, you can paint a nightmare about the future you want to avoid at all cost, and use the pain you associate with that outcome to trigger action.

BTW I did my first 4:30AM morning today - you deserve the creds man, I'm pushing myself harder knowing there's a relentless Chuck out there crushing a similar schedule.
 

MattR82

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It is amazing the way people will treat others to make them feel better. If they do not have someone who is a complete F*ck up or going through an obvious rough patch like your friend is around them. Then they are left with the reality that their life isn't so great as they think and they are doing nothing to improve themselves in a professional career or personal life. Limit these types of people in your life or call them out, especially when done to a friend who is struggling. Why do you think everyone came home from the summit on a high? The people attending have similar goals at improving themselves and take value at having the same type around them. So we are generally very supportive even if we don't fully understand someone's plan to fastlane or we are the type to call BS when someone is fooling themselves.

The reason you may think professionals stand out more is generally they are the ones who come out of college making 6 figures and get the percieved thought that they are doing better than everyone else. Who would you like to be; The guy making $60-80k a year that budgets his income with little to no debt and able to take 1-2 vacations a year or have money left over to invest into a new business venture? Or the professional making 150k that is trying to live like someone who makes $500k with barely any money left over month to month, paying for vacations with a credit card because they have too many bills, and argues with his wife about money every week. The only difference is money management and living within your means, and a shitty attitude.
Yeah it's not good to see. I'm probably derailing this thread a bit though with negativity, but it hit me in the face this time.

Anyway, stuck in a bit of a plateau myself, so I think this 10/5/1 is a great idea. Sticking it on my bedroom wall today.
 

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Last edited:

Gr8FUL

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I just finished writing my 1/5/10 year plan in one of my work journals and wondering who else, especially 2020 summit attendee's, has sat down and written or updated an existing one?

One extra step that I will work on is updating throughout the year a 2 week plan that is dated with items that I can do right now to start achieving my 1 year plan. At the end of the two weeks, mark off what I accomplished and carry over what I did not into the following two weeks at the top with new additions below. I think this will help me with continuous improvement of my goals and to start executing more and stop dreaming. 10 year plan is finished, no more dreaming needed.

@MJ DeMarco
View: https://www.youtube.com/watch?v=eKt59HIl8Ok
Done ✅
 

Bradley R

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I got super-detailed with mine and created a 1/3/5/10/20 plan. Some people have found it helpful so I'm happy to share here in case it helps anyone:

Date Created: February 18, 2020

20 Years
  • Age: 48
  • Where I Live: Wherever the F*ck I want. I have a massive custom log cabin in the mountains and a beautiful house somewhere warm
  • What I Drive: Lambos
  • Fun Splurge/Toy Purchase: a 50ft+ motor yacht, Earthroamer
  • Net Worth/Finances: 50 Mil, many streams of passive income established
  • Business: Have sold multiple businesses for over 1Mil, semi-retired, spend time as a writer/speaker
  • Hobbies: Writing, world travel
  • Physical: Can still kick my teenage sons’ asses in basketball and lifting
  • Typical Day: wake up, have breakfast with other ultra-successful people, work on whatever I want, spend time with family
  • Relationship/Family: 2-3 smart, happy, healthy kids/teens
  • Associations/Network: Constantly sought out by top authors and entrepreneurs
  • Contributions/Impact: Create my own entrepreneurial scholarship fund
10 Years
  • Age: 38
  • Where I Live: Arizona most of the year and Montana/Colorado in the summer
  • What I Drive: Range Rover
  • Fun Splurge/Toy Purchase: membership to a jet chartering service, home theatre
  • Net Worth/Finances: 15 Mil, have a fastlane business bringing in over 10mil/year revenue and will sell for 20mil in a few years
  • Business: working on businesses that are also passion projects and will leave a legacy
  • Hobbies: flying helicopters, survivalist training
  • Physical: climbing worlds tallest peaks, well on my way to earning black belt in some form of martial arts
  • Typical Day: wake up, keep tabs on business, spend majority of time on personal development and passion projects
  • Relationship/Family: 2-3 young kids
  • Associations/Network: Hang out regularly with Andy Frisella, Tony Robbins, and other role models
  • Contributions/Impact: Publish first book that is a NYT/International bestseller
5 Years
  • Age: 33
  • Where I Live: Arizona, house bought all cash
  • What I Drive: Sick off-Road Pickup - Ram Rebel or Ford Raptor
  • Fun Splurge/Toy Purchase: Sick RV to go camping/travel the country
  • Net Worth/Finances: 3 Mil+, can live off investment interest aka financial freedom
  • Business: After selling first business am scaling 2nd business past 1mil revenue/year
  • Hobbies: hunting, archery, skiing/snowboarding
  • Physical: still crosscutting and playing sports regularly, expert biohacker
  • Typical Day: Wake up, empire-building for 8 hours, family time after
  • Relationship/Family: have had 1st kid
  • Associations/Network: Member of Tony Robbins Platinum Partners
  • Contributions/Impact: join board of directors for a non-profit that I truly believe in
3 Years
  • Age: 31
  • Where I Live: Arizona or traveling the world before having kids after selling chatbot agency
  • What I Drive: My ’05 Acura TSX
  • Fun Splurge/Toy Purchase: Major world travel trip (6+ months)
  • Net Worth/Finances: 1 Mil+ net worth, annual biz revenue 1mil+, 0 personal debt
  • Business: chatbot business sold for 1.5mil+
  • Hobbies: skydiving, mountain biking, surfing
  • Physical: compete on American Ninja Warrior, Climb Mt. Kilimanjaro, Sealfit Kokoro Camp, GoRuck Heavy
  • Typical Day: wake up, check with VA’s and managers, put out fires, spend most of time on personal/business development
  • Relationship/Family: married, wife doesn’t have to work if she doesn’t want to
  • Associations/Network: Member of Arete Syndicate
  • Contributions/Impact: Have a podcast and blog that change the way people think on a large scale
1 Year
  • Age: 29
  • Where I Live: Scottsdale, AZ
  • What I Drive: My ’05 Acura TSX
  • Fun Splurge/Toy Purchase: New Mountain Bike
  • Net Worth/Finances: Credit cards and car paid off
  • Business: 2-3 full time employees and 3-5 VA’s - doing over 500k revenue with high profit margins
  • Hobbies: hiking and camping regularly, playing basketball weekly
  • Physical: 185 with under 10% BF, can squat 500 pounds, complete Spartan Trifecta
  • Typical Day: wake up, work mainly on mastering business development and creating systems, sleep, repeat
  • Relationship/Family: engaged
  • Associations/Network: Have created a strong network of local entrepreneurs who force me to level up constantly
  • Contributions/Impact: Have launched a podcast and blog, 10+ gold threads on FLF
 

sonny_1080

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I just finished writing my 1/5/10 year plan in one of my work journals and wondering who else, especially 2020 summit attendee's, has sat down and written or updated an existing one?

One extra step that I will work on is updating throughout the year a 2 week plan that is dated with items that I can do right now to start achieving my 1 year plan. At the end of the two weeks, mark off what I accomplished and carry over what I did not into the following two weeks at the top with new additions below. I think this will help me with continuous improvement of my goals and to start executing more and stop dreaming. 10 year plan is finished, no more dreaming needed.

@MJ DeMarco
View: https://www.youtube.com/watch?v=eKt59HIl8Ok
I just wrote one for the first time. I also shared it my woman and her write one as well. I’m gonna combine the two and make 1 shared vision for the both of us to aim for.

I do something similar to your 2 week thing. I have a pinned note in my iPhone. At the top underlined in bold letters it says “Free time is most important asset.” Underneath in a big title font it says “DO THIS NOW” and below that are the 3 specific things that I need to focus on at that moment. Then below that in a big title font it says “DONT DO THIS” and below that is everything I have get to or that occupies space in my mind. I try to keep it in an order of what’s most important and more urgent.

Then as I knock off things from the DO list I replace them with something from the DONT DO list so there’s always 3 things to focus on.

With the 1/5/10 decision framework I’m stoked to have a guiding vision that can influence my daily list.

Thanks for your post!
 

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