Deadlines Convert Wishes
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A discussion about the importance of setting public goals with specific deadlines to create accountability and attract like-minded people.
Key Elements of Goal Setting
- Every goal needs a specific timeline
- Without time constraints, it becomes "an endless wish"
- Having deadlines creates urgency and accountability
Public Goal Setting Strategy
- Plant your flag publicly to attract connections
- Share specific goals and timelines
- Creates opportunities for like-minded people to reach out
- Helps build meaningful relationships around shared objectives
Example of Effective Goal Setting (Shaan's Twitter Bio)
- Listed 4 specific goals:
- Get into phenomenal shape for first time
- Be in a great mood daily
- Make $10M by December
- Family-related goal
Results:
- Received 5 important connections
- People offered help with specific goals
- Created accountability through public commitment
- Inspired others to set their own goals
Tips for Setting Public Goals
- Don't put pressure on making it perfect
- Treat it like a child stating what they want to be
- Play with different ideas until something resonates
- Continuously reinvent and refine goals
- Don't get stuck with old versions
- Update as you evolve and grow
- Make goals ambitious
- Start at "level 7" then push to "level 10"
- Break the knob off and go to "level 12"
Building in Public vs Private
- Mixed opinions on building in public
- Can be overrated according to Sam
- Alternative view: "doing cool shit and not talking about it"
- Hybrid approach possible
- Can maintain both public and private projects
- Each approach has its own benefits
01:07:01 - 01:07:08
Full video: 01:11:12SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.