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EXECUTION What will you accomplish in 2020?

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MJ DeMarco

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Not a New Year's Resolution thread, but a mere proclamation of what you will accomplish in 2020.

List one thing, or many.

Whatever you resolve to do.

Please keep your proclamation measurable!

Lose weight is not measurable, lose 50 lbs is!
Start a business is not measurable, sell X units is!

This time next year, we will bump this thread and see how things went!

Also, if you posted in this thread AND have a progress thread, please include and link to it!!

Thank you!

For me, my 2020 objective is of a personal nature, so it isn't something I'm willing to disclose here.
 

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Xavier X

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1. I will grow the registered active user-base of my new travel related project to 20,000 by the end of 2020.

2. Close at least 24 new long term partnership agreements at my other Media Production startup.

3. Live in/visit at least 12 new countries in 2020 (I did 10 in 2019).

4. Have even more fun around the world than I did in 2019.

All the best to you all!


@MJ DeMarco I believe you meant to type 2020 here:
"Not a New Year's Resolution thread, but a mere proclamation of what you will accomplish in 2019."
 
Last edited:

Mr.Business

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In 2020 by the end of April, I will graduate from the bachelor's in business management program, getting a new job in the banking industry to build upon a year of my existant account management experience. The goal is to build up a cushion underneath my bum in case I fall in the venture. The education alongside experience in my industry already puts me ahead of my classmates however it is also a nice backup plan to earn money while analyzing mistakes and gathering resources for the next venture.

Best to everyone on their journey,

Glenn
 

Charnell

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Last year's post: EXECUTION - What will you accomplish in 2019?

Fell short of the 500/month goal, but (at the time of posting) have ended the year with 425 total orders. Granted, a lot of those orders are for free products, but I've switched to a new delivery system so the next year will be a more accurate representation of actual product/service delivered.

This year I'll grow to 50k users per week. I know what it looks like having 500, 1k, and 2k users per week, 20k will be a game-changer. 50k will be a life-changer. It's also something I feel like I have a bit more control over as far as my efforts go.

EDIT: calculating it out, I would need to grow my users by 6.4% week over week.
 
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BellaPippin

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In low spirits today so I'll keep it "real"...

1) Buy my first property. Become a Landlady.

2) Sell 100 units of the product I'm making, then use the proceeds to make my first donation.

3) Sell one painting.

 

Val Okafor

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In 2020,
  1. I will launch the Okason Contractor App for Android and IOS
  2. I will launch custom Mobile App and WordPress development Service for Contractors and Home Services Provider
  3. Both of these will enable me to quit my job as Software Engineer to work full time on Okason Software, Inc.
So help me God!
 

Champion

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Hey everyone, here is a link to my progress thread:


Regarding my goals for 2020:

- I will have an extremely straight back and healthy attractive posture (currently struggling with lowerback/kneck issues from sitting so long).

- I will have a 6 pack and awesome gym body

- I will have an online business that pays me atleast 10k Euros in net profit per month

- I will have control over my time & emotions spent online (by that I mean digital freedom from addictive social media apps like instagram, facebook and checking coinmarketcap 20 times per day)

- I will have a clear overview over my finances & investments, I will not loose control over my wealth.

- I will be in an amazing and loving relationship with a new girlfriend (broke up with my ex around 5-6 months ago and still very hurt from this relationship)

- I will be able to sing and play the following songs on guitar at a good enough level to make it look "cool": Drive by incubus, you need me i dont need you ed sheeran, dont ed sheeran, oasis wonderwall, the script over my head, breaking the habit by linkin park and swing life away by rise against

- I will have grown my hair long for atleast 9 months and styled it in a fking awesome haircut style (similar to leonardo dicaprio haha!)

- I will have donated over 1k Euro for projects that help conserve the environment
 

elusive97

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Hey MJ! Aren't you less likely to achieve your goals by sharing them?

That said, I certainly will not have another year where I'm broke.

Half way through your book and a lot of the mindset I had as a naturally entrepreneurial young person, and kinda lost after having a really bad year mentally, is coming back to me. With your wealth of knowledge it's coming back twice as strong!

Infact the short 3 weeks I've been on this forum have been eye opening, and got me back to a place where I approach things positively. I'm working on myself properly again.

Getting up isn't so hard again, I'm so grateful!
 

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elusive97

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Ravens_Shadow

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Generate $2,500,000 in gross revenue for 2020 by scaling up our product marketing and distribution.
 

Matias

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Hi guys,

Well let's do this exercise for the first time for me.

1. Next year we will launch 4 MVP with a business partner (as side projects, both of us have full-time jobs).
2. I want USD 15000 MRR at least for one of them.
3. Selling InfoProducts as a personal side project: USD 1000 MRR.
4. Lose weight and reach my ideal of 80 kg (175 lb)
5. Quit my full-time job.

I know those are ambitious goals for my lifestyle now (I am married and have one kid) but I will modify my daily routine in order to achieve that.
 

PizzaOnTheRoof

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In low spirits today so I'll keep it "real"...

1) Buy my first property. Become a Landlady.

2) Sell 100 units of the product I'm making, then use the proceeds to make my first donation.

3) Sell one painting.

Any place we can find these paintings?
 

PizzaOnTheRoof

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1. Sign at least one new client per month

2. Create prototype and launch mvp of product idea
 

Tossek

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For 2020, I wish to accomplish:

1. Marry my fiance: After 4 years, it is about time. :) Q2
2. Invest at least 25% of my income. Q4
3. Finish my certified project leader course: This is my second pillar to enable me to 1. get a job that is not linked to my technical expertise if automotive might get worse, 2. improves my working skills at my recent employer, 3. teaches me to reach goals on FL. Q2
4. Enhance my blog → rework design (Q3), connect with at least 2 other blogs (Q4), one entry per month (Q4)
5. Brainstorm suitable book topics for me, I like writing but this year I wont have time :) (Q3)
6. Make at least two advertising actions with my book to boost sells (Q1 + Q2)

Optional:

Opt1. Audiobook from my already published book if possible in Germany - there is some formally trouble with residentship within Germany and Audible. Geez, I would so like to do that, but see no posssibilty right now
 

WJK

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Not a New Year's Resolution thread, but a mere proclamation of what you will accomplish in 2020.

List one thing, or many.

Whatever you resolve to do.

Please keep your proclamation measurable!

Lose weight is not measurable, lose 50 lbs is!
Start a business is not measurable, sell X units is!

This time next year, we will bump this thread and see how things went!

Also, if you posted in this thread AND have a progress thread, please include and link to it!!

Thank you!

For me, my 2020 objective is of a personal nature, so it isn't something I'm willing to disclose here.
I am starting a new business after New Years Day. I must get the business license, the professional license, get a surety bond, get the insurance, set up the LLC, get the right to do credit checks, buy the software and set up the office in the space we have set aside. I learned Word Press last year, so I'll finish setting up our web site and email list. Yes, we have already moved the sister business to our new location so we're just about ready to rock and roll. We already have our first few sales and a couple of financing contracts. Why am I waiting? I don't want to pay the fees twice and file a 0 return for the LLC. Also, it's winter here in Alaska and it was 3 degrees this morning. Christmas is next week. If that sounds like an excuse, don't worry. I'm using the time well.
What am I doing? My partner has an auto/truck repair business. He is well known for his work here in our area. I know business and money and I am successful in my businesses. Our new location has a really wide frontage on a 4 lane highway coming into town from a neighboring town -- with a traffic count of about 12,000 cars per day. For our neck of the woods, that's a lot. So, I'm getting my dealer's license to sell used cars. Sounds really glamorous uh? Do you think that my doctorate in law, or my other 3 college degrees count in this new business? You bet ya! We're going to carry our own paper so it's all about contracts. MJ, in his books, says that 85% of vehicles on the road are financed. That's a wonderful wagon to jump on. The combination of my partner's knowledge about vehicles and my knowledge about financing and carrying paper will equal a wonderful cash flow. And, my partner will be the guy on-site to be the face of the business. I'll be the money bags and the brains behind the scene. (Also, his mother is my BFF and one of my tenants. We're kind-of shirt-tail relatives)
No, it's not scalable in the traditional sense. BUT, it will have a passive cash flow stream for years to come and we'll collect interest on our profit from the vehicles as well as my investment monies.
No, it not sexy. It's not something to write home to Mother about. But, it's already starting to work.
The last car sales company that rented that highway space sold 123 cars per year on average. And they had terrible vehicles. With my partner choosing and fixing the vehicles -- and me putting up the money to purchase the ones for sale and then financing them, we should best the last guy's numbers pretty quickly. We've already sold some cars and trucks that we parked out front, and we're not even set up yet.
I'll make paying the payments as easy on our customers as possible. I have an auto draw account for my residential rentals. I'll set up one for the cars. And I'll set up PayPal on our web site so they can make payments online. I'll do the auto draw on the 1st and 15th of each month. Our customers who use the auto draw will be able to choose which date of the month that works best for them.
I'm really excited. I love to collect payments. To me, that's the ultimate in sexy businesses. I already buy real estate trust deeds, so I have over 40 years of experience in that type of business.
What if this new business doesn't work? I can sum that up in one word. NEXT!
 

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CrimsonNight

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1. Earn around 3,000 USD / month from my app business. (Ads + IAP (preferably subscriptions) revenue)
2. Move out and rent an apartment (Only if it makes sense.) Be self-sustaining.

I don't want to list too many as most of them will just turn into a New Year's resolutions instead of actual accomplishments.

If I can accomplish more then that's great. But I want to only focus on the 20% that will have the most impact on my life.

Special Goal *Have enough money to attend the Summit in 2021.*
 

holmzee

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Health
1). Stuff 0 wads of tobacco in my mouth in 2020
2). Bench press 225x5, Squat 285x5 by 2020

Wealth
3). Launch a product-based business and generate $100k in revenue by 2020

Lifestyle/Hobbies
4). Write, produce and record a full-length hip-hop album/mixtape by 2020
5). Move to a new city with a lower COL and warmer weather

I'll keep my relationship and spiritual goals to myself as they are more personal.

Edit 12/16/19: I'm scrapping the niche site goal and thinking bigger. Instead of $20k revenue in a product-based business I'm going for $100k and making that my only Wealth goal, and my #1 focus.
 
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Kraelog

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1) Continue the good daily habits I've currently constructed (sobriety, get up at 5 am, yoga, meditation).
2) Be the best father & husband I can be.
3) Lose 68 pounds & get my eating habits in order.
4) Develop my programming skills to the point I can comfortably go independent in 2021.
 

minivanman

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Mar 16, 2017
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I am starting a new business after New Years Day. I must get the business license, the professional license, get a surety bond, get the insurance, set up the LLC, get the right to do credit checks, buy the software and set up the office in the space we have set aside. I learned Word Press last year, so I'll finish setting up our web site and email list. Yes, we have already moved the sister business to our new location so we're just about ready to rock and roll. We already have our first few sales and a couple of financing contracts. Why am I waiting? I don't want to pay the fees twice and file a 0 return for the LLC. Also, it's winter here in Alaska and it was 3 degrees this morning. Christmas is next week. If that sounds like an excuse, don't worry. I'm using the time well.
What am I doing? My partner has an auto/truck repair business. He is well known for his work here in our area. I know business and money and I am successful in my businesses. Our new location has a really wide frontage on a 4 lane highway coming into town from a neighboring town -- with a traffic count of about 12,000 cars per day. For our neck of the woods, that's a lot. So, I'm getting my dealer's license to sell used cars. Sounds really glamorous uh? Do you think that my doctorate in law, or my other 3 college degrees count in this new business? You bet ya! We're going to carry our own paper so it's all about contracts. MJ, in his books, says that 85% of vehicles on the road are financed. That's a wonderful wagon to jump on. The combination of my partner's knowledge about vehicles and my knowledge about financing and carrying paper will equal a wonderful cash flow. And, my partner will be the guy on-site to be the face of the business. I'll be the money bags and the brains behind the scene. (Also, his mother is my BFF and one of my tenants. We're kind-of shirt-tail relatives)
No, it's not scalable in the traditional sense. BUT, it will have a passive cash flow stream for years to come and we'll collect interest on our profit from the vehicles as well as my investment monies.
No, it not sexy. It's not something to write home to Mother about. But, it's already starting to work.
The last car sales company that rented that highway space sold 123 cars per year on average. And they had terrible vehicles. With my partner choosing and fixing the vehicles -- and me putting up the money to purchase the ones for sale and then financing them, we should best the last guy's numbers pretty quickly. We've already sold some cars and trucks that we parked out front, and we're not even set up yet.
I'll make paying the payments as easy on our customers as possible. I have an auto draw account for my residential rentals. I'll set up one for the cars. And I'll set up PayPal on our web site so they can make payments online. I'll do the auto draw on the 1st and 15th of each month. Our customers who use the auto draw will be able to choose which date of the month that works best for them.
I'm really excited. I love to collect payments. To me, that's the ultimate in sexy businesses. I already buy real estate trust deeds, so I have over 40 years of experience in that type of business.
What if this new business doesn't work? I can sum that up in one word. NEXT!
My buddy owned a used car lot for 43 years and he always financed.... have a good repo guy. He said he always made more money by people making the down payments and by the time the 3rd or 4th person bought the same car, it was all profit. lol He retired now but he really misses it. I told him I'm in for the money if he ever wants to open another lot but I doubt he needs/wants a partner. Good luck.

My goal for 2020 is to make it through this DFW traffic without killing someone. If I'm not here to update in 2020, you know I didn't make my goal.....
 

WJK

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Oct 9, 2017
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Nikiski, Alaska
My buddy owned a used car lot for 43 years and he always financed.... have a good repo guy. He said he always made more money by people making the down payments and by the time the 3rd or 4th person bought the same car, it was all profit. lol He retired now but he really misses it. I told him I'm in for the money if he ever wants to open another lot but I doubt he needs/wants a partner. Good luck.

My goal for 2020 is to make it through this DFW traffic without killing someone. If I'm not here to update in 2020, you know I didn't make my goal.....
Thanks for your comments. Who would think that a girl like me would end up a used car salesman!

It can only work with my partner and I working together -- combining our skills and resources. We have a 2-year option to purchase the location where we moved. I'll be hoarding the cash flow money toward that purchase.
I was going to start a business buying and selling lakefront lots -- we have 28 stocked lakes in our area. I was going to carry the paper for that idea too. This is the same business model, only a much faster turn over -- so I shelved the lot-business-idea. I don't know much about vehicles except you put gas in one end and point the other end where you want to go. I can quickly learn a lot more than that. Thank goodness my partner is totally into vehicles. I'm falling in love with the whole idea. I'm moving from thinking of vehicles as an asset that quickly loses value, to realizing that it's a really sweet business. Who would think that 85% of vehicles are financed and I can be a part of that financing system!
You're right about the repo guy. One of my first buys will be a tow truck. I think that's a good job for a guy who wants to make a one-time hefty fee per repo job. And he can drive that really cool tow truck to drag home our vehicle. I bet I'll have guys fighting over who gets to go out and do the snatches.
 

minivanman

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Mar 16, 2017
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If it was only that easy to repo. lol I have several friends in the business. One friend had his son shot in the face about 10 years ago. He lived and is leading a 'normal' life now. Another guy got out of the repo business and bought several wreckers to do regular towing. My other buddy used to head up one of the companies that would take control of houses when the lender would repo it, well, long story short, 3 years ago those companies started getting in to the vehicle repo business because there are so many people not making their payments these days. Good luck and I hope you keep us updated on it.
 

Afternoons

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Intro and progress:

What I will accomplish in 2020:

1. USD 10K Monthly Recurring Revenue from digital marketing by end of 2020
2. USD 50K income from UX design consulting by end of 2020
3. Personal goal by by end of 2020
 

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