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How To Use Your Peers For Fun And Profit!

Posted in College & Education, Networking on November 3rd, 2007 6 Comments

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Optimize your Life, Rock your Career, and Make the World your Playground!

You’re a high achiever! You’re motivated to succeed in your education and your career. But do you know the price of success? Frank Lloyd Wright, America’s most famous architect, captured it well when he said, “I know the price of success: dedication, hard work, and an unremitting devotion to the things you want to see happen.” But how do you stay dedicated, hard-working, and devoted to achieving those tough goals in your personal life or maybe in the world at large? I mean we all have big dreams: Some of us want to be teachers, and pass along valuable lessons to the next generation; some of us want to succeed in politics or as journalists; some of us want to start our own companies, or change the world for the better. But how do we stay motivated to constantly dedicate ourselves to achieving our goals?

Everyone has had difficulty with goal-setting – it’s a rough part of life. A lot of people try to do too many things at once, or they simply have a huge, ambitious goal that is too much for one person to accomplish alone – and eventually you experience burnout. As creatures of habit, it is frequently difficult for us to make the necessary changes on our own, and we give up on our biggest dreams and desires and slink back into regular behavior. It’s easier. But deep down inside you know you can do better. You undermine your self-worth when you constantly give up on what you want to achieve most.

But don’t beat yourself up! As Leo Babauta of Zen Habits recently said, when it comes to forming new habits, “It’s not a lack of discipline, it’s a lack of motivation. The most powerful motivators are logging your habit and public pressure.” Now as a budding entrepreneur, trying desperately to start my own web design and consulting company, I know how hard it can be to stay motivated! School and traditional workplaces train us SO well to depend on our superiors to tell us what to do, how to prioritize, and when to get it done. But when you go to work for yourself, or you go off into the world to accomplish some personal goal of your own, no one is telling you what to do, and often times no one is setting hard deadlines for you! It’s a new skill you have to learn to do these things yourself.

So today I’m writing to advocate that if you want to achieve those big dreams (and we ALL have them…maybe you want to go meet Al Gore and help stop global warming…or be the next CEO at Apple…or start your own business…or write a book!…or simply lose 20 pounds) – I encourage you to set up a strong accountability structure for yourself. I created a group with my peers about 10 months ago that we call Career MasterMinds, to provide a place to talk about our career and personal development goals. Every week, about six to eight of us meet at a local coffee shop and share about our weekly goals and accomplishments. This support structure is based on proven techniques that many highly successful individuals have used to achieve great things, and it provides a perfect opportunity each week to log your progress and participate in a friendly yet professional environment for public accountability.

Now many businesspeople, world leaders, and other successful individuals have set up similar accountability groups for themselves. In the book Think And Grow Rich, Napoleon Hill discussed MasterMind groups, where individuals coordinate their knowledge and effort for the attainment of a common purpose, and how these groups could multiply an individual’s brain power and continually motivate positive emotions. Andrew Carnegie, Charles Schwab and others used the principles of the MasterMind group to become hugely successful businessmen and philanthropists. Benjamin Franklin had a similar group centuries earlier that he called a Junto. Tom Peters, one of the most respected experts on business management practices, best-selling author of In Search of Excellence and Re-Imagine!, also proposes similar support groups for wage slaves tired of “Dilbert nation,” calling them a great “place to discuss your fears…your hopes…and your plans with work and non-work colleagues.”

Besides the proven success of such systems, peer accountability groups are an intuitive win because they also give you an important chance to review your progress each week and brainstorm your next actions. You can meet with your colleagues as frequently as you choose, but for me, meeting once per week has proven to be the most effective accountability tool in meeting my day-to-day goals. I recommend that you keep a binder just for your goals, and in preparing to meet with your peer group you set aside a predefined time to reflect on your achievements each week and then spend some critical thinking time about what your most important tasks (MITs) should be for the next week. Which 3 or 5 things that you can accomplish in the next seven days are most instrumental in getting closer to the lifestyle and achievements you desire? Write them down, and be sure they are specific and measurable. You can reference this list throughout the week to provide guidance each day. As you track your progress, checking off those three most-important tasks each day, it will give you the motivation to keep pressing for your desired outcome.

The second major benefit of a peer group besides having a written record of your progress is having the support and accountability of others. Answering to someone else is absolutely key in achieving those difficult goals. Knowing that someone else will hold you accountable gives you the added fuel not to let them down. And they’ll also share in celebrating your achievements each week! The most rewarding trend we have found with our group is that each week we continue to learn new things about each other – common interests we share, projects and tasks we can help each other achieve together, or maybe someone has a contact they can connect you with to help attain your goals quicker. Our members have connected each other with key contacts on several occasions…I connected one of my peers with the VP of Engineering at a company he wanted to interview with (it just happened to be where my step-mother worked!)…one student was plugged in to the Sacramento Housing & Redevelopment Agency to share his brilliant foreclosure research…and so on. Not only will your peers give you support and accountability, but they will also help you out a TON by sharing their knowledge, networks, and resources with you.

Nobody can achieve great things alone, but together we can help each other find great opportunity. When you network closely with your peers, and get to know the things that they are interested in and passionate about, you learn what sort of people and opportunities you can connect them with. And if you do this in a spirit of collaboration and teamwork, they will do the same thing for you. As Zig Ziglar said, “You can get everything in life you want, if you’ll just help enough other people get what they want.” You know deep down inside, we all wanted to be great, noteworthy people when we were kids – cowboys and astronauts! Well don’t give up the dream. Many respected and celebrated individuals throughout history have relied on their peers for motivation to become the great, noteworthy people they were! A formal group will give you a structure to track your written goals and progress, and it will provide a synergistic group dynamic where you can share your successes and challenges with others. So talk with your friends each week about your goals, start your own MasterMind group, or use a similar club as your accountability group! Just remember that to achieve great things, many heads are better than one.

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