Replay: Short Term v. Long Term Goals (128)
Ep. 285
| with
Replay: Short Term v. Long Term Goals (128)

Follow Along:

I get it; there’s this stigma around New Year’s resolutions. But here’s the deal: goal-setting isn’t the problem; it’s how we approach it. In this episode, we dive into the crucial yet often misunderstood world of goal-setting. I break down the difference between short-term and long-term goals. I share personal insights on my six-year journey from leaving my legal career to building a life I love. And I explore why having a crystal-clear long-term vision is your secret weapon and how aligning short-term goals can make the journey more fulfilling.

Show Transcript
Hey, welcome to Lessons from a Quitter, where we believe that it is never too late to start over. No matter how much time or energy you've spent getting to where you are, if ultimately you are unfulfilled, then it is time to get out. Join me each week for both inspiration and actionable tips so that we can get you on the road to your dreams.
Hello my friends and welcome to another episode. I'm so excited you are here. I hope you're having a wonderful holiday season if you celebrate Christmas, I hope you had a wonderful Christmas. Um, and if you don't, I hope you are taking some time at this end of the year to simply find some rest and some more joy as we head into the new year.
I wanted to do a couple episodes on kind of goal setting the way that I approach goal setting, how I want you to think about goal setting and think about different goals that you have.
And what was interesting is like I was kind of planning out some of these episodes and I was like, I've already done these, I've already talked about it and I realized that a lot of you are newer or you know, haven't listened to these episodes in three years. And so I figured I would just replay some of the ones that I think are really helpful in reframing how you are thinking about this next year and what you wanna get out of it, how you're thinking about your future, which if you know me, you know, I'm a big proponent of intentionally setting time aside to think about and plan because you're always making a decision. And whether you decide intentionally to go after goals or not is a really big factor in how your life turns out. And so I want 2024 and beyond to really embody the things that you want. And that only happens if we kind of slow down and take stock and figure out what we want.

So I wanted to replay this episode because it's been three years and I think it's one of the most important concepts that you can understand when you're planning out goals. And it's the difference between short-term and long-term goals. Because I know a lot of us have really big dreams and oftentimes the problem with the goals that we set in January is we want everything to be done in six months. And so we go hard for two weeks and then we give up and we don't do anything from there. And we're gonna change that.
If you aren't in the Quitter club, you should get in because we are doing 90 day workshops, 90 day goal workshops. So even after you set your goal for the year, we really focus on short-term goals.
Like what are we focusing on in the next 90 days? We'll have accountability pods, you'll have kind of the support you need to break down your goals into 90 day sprints and then reevaluate and do the next one. And that is such a key to sticking to it for the year.
So if you aren't in, you should join, you can go to, and that's the monthly membership I have. But regardless, you should really think about the difference between your short-term and long-term goals. And that's what this episode was all about.
And what's fascinating, I was listening to it kind of determining which episodes I wanted to replay and I was thinking about in it, I talked about in 2021, I think I had, I made $200,000 and then I went on the last three years I've made $200,000. And you can look at that and think that I haven't really grown that, I haven't really changed anything. It's easy to maybe compare that. For me, it would be easy to like beat myself up and think because I talked about my long-term goal in this episode being having a million dollar business. And that's still my long-term goal. And it's was fascinating when I was listening to it, I was like, huh, I could think about this and think like, oh gosh, this is embarrassing. I haven't even gotten any closer. But that's not the truth. I have gotten a ton closer. And what's interesting is like something you see on the surface, maybe like in a business gonna be the revenue that you make, it doesn't account for all of the progress you make. And part of the point of this podcast of these short-term goals is how do you set up these smaller goals to build yourself up to the thing that you wanna do?
And I know for me, I mean, I'm fundamentally changed as a business owner over the last three years. My offers, the backend, the support staff, so much has changed. And yet on the outside maybe it looks sort of the same. And I know that I'm so much closer to kind of scaling and creating the business that would support that goal where I wasn't three years ago. And I don't know when, you know I'll ever hit that goal, but it was just like an interesting testament to this idea because I think for me, it wasn't in 2021 about hitting this goal within a year. It was, if I have this long-term goal, what are the things I have to do every single year to get me closer to that? And I know now looking back like in 2021, I was just nowhere close to even having the mindset or understanding the structure of having a business like that.
And these three years have given me so much experience and so much knowledge and so much more confidence and so much more groundedness in my own business. And I can't wait to see where 2024 takes me and the Quitter Club.
So, so I'll to say that I think that it's kinda a testament to the way that I look at my short-term versus my long-term goals. It's still my long-term goal. It has been, it will be until I get there and I'll keep plugging away at the short-term goals until I hit that mark.
So without further ado, let's jump in and learn all about short-term and long-term goals.
Hello my friends, welcome to another episode. I am so excited that you are here. This one I think is gonna be short and sweet. I did wanna talk about long-term and short-term goals.
Here's the thing, first off about goal setting and why you need goals.
I honestly can't believe that I have to tell people why they should have goals. And I think there's such a bad connotation with goal setting. Like if you think about it, we literally laugh at people for setting goals. Like New Year's resolutions has become a joke, right? We roll our eyes like, ugh, look, all these people now working out in January, they're gonna stop by February. And because we're never taught like how to set the right type of goals, how to actually execute those goals, how to deal with that resistance and the procrastination that comes up, we assume that setting the goals is the problem, right? Like just don't set New Year's resolutions. That's the solution. That is not the solution. And I honestly can't believe I have to say that, right? Not having goals is not the solution.
And let me tell you why.
You are always making decisions about your life always, every single day, everything you do is a decision. Everything you don't do is a decision, right? Whether you stay or whether you go, whether you keep doing the same things or you choose to do something else. The thing is, is that most of our decisions are made subconsciously. You're not actually like intentionally making that decision. And that is all goal setting is, is to take the time to intentionally think about the thing that you want to be doing, right? To get a little bit of like step back macro view of your life. Where is the area that I want to be working on?
And a lot of us don't do this because goal setting makes us feel horrible about ourselves because we use it as a tool to beat ourselves up instead of a tool to motivate ourselves to grow.
And what we cover in the workshop is how to kind of figure out how you're setting the wrong kind of goals. If it's making you feel horrible, you're doing it wrong. It should not be making you feel horrible. And here is another thing. If you listen to this podcast, you know that we obsess over mindset and the fact that your thoughts are what causes you your feelings.
Goals can't cause you to feel anything. It's just a sentence, right? You pick something and let's say your goal is, I wanna make this much money, or I want to get healthier, or whatever the specific goal is, that doesn't make you feel anything. Your thoughts about that are what make you feel overwhelmed, anxious, resistant, whatever the feeling is, or super motivated, excited, right? So goal setting in and of itself doesn't do anything, but you have to figure out what the right types of goals for you are so that you don't have a ton of thoughts that are negative around it. So I just want you to understand how important it is to really intentionally take some time and figure out what you want to do in the new year.
The reason we don't have goals, I talked about this a little bit in the vision episode about why it's so important to have a vision. I think it's episode 1 25. I talked about how the reason we don't have a vision, it's the same reason we don't have goals, is self-preservation, right? We are afraid that we're not gonna actually do the work to execute and then we'll feel horrible about ourselves. Or oftentimes we just feel horrible that what we want seems so far away from what we have right now and it makes us feel bad when we think about that gap. So we just decide, I don't even wanna think about it. I don't even wanna put that out there. Like I, I wanna suppress it into my subconscious. I don't wanna like address it. And so we go on year after year and there is no real change.
There is no real growth there. It's sort of sleepwalking, right? And the thing is, is that you have to be able to face those thoughts and see what you, you know, a lot of times I think that we are scared by our dreams, but our dreams are what is going to inform like the things that you are going to do. And after the episode on vision and I, I did another episode 124, it was on the opportunity costs of staying stuck. And in that episode I talked about how when you stay where you know you've always been and you think about everything that you're gonna give up by leaving, you're also giving up all of this opportunity for something different. I got a couple questions in my emails, uh, it came up in my coaching program, similar versions of this question. And so that's why I wanted to do this episode on short-term versus long-term goals.
So the questions were something like, if I'm feeling stuck right now and I don't want to give up the opportunity, you know, I don't want the opportunity cost of staying stuck. I want to like have something better. I feel like I'm wasting my life where I am, but in order to go after this thing that I want, like I need this job right now. Like I need to financially set myself up or you know, a lot of people I think felt like, well, I want, my vision is really big, but what I'm doing right now isn't in line with that. But I need to do this for whatever reason. Or if I want to set myself up for that vision, I have to do something right now that I don't really want to do. And I think a lot of people felt like maybe I was saying that that's not what you should be doing.
Like should just be going kind of like full on after this dream life. And that is not what I'm saying. And that's why I really wanted to do this episode.
There is a difference between short-term and long-term goals, if you've ever heard that quote. And it's been attributed to different people. So I'm not exactly sure who actually said the original version, but it goes, we overestimate what we can accomplish in a year and we underestimate what we can accomplish in 10 years. That is the absolute truth. And I think the problem with goal setting is most often we are just focused on short term. Like you don't have a vision of what you actually want. You don't have that north star. And so every year it seems like a great idea to set goals, right? You're like, all right, I guess I should look at like what do I wanna do?
But I feel stuck. So I'm just looking at like the very next step of what I should do. Should I change my job? Should I, you know, I don't know, take on some kind of new project side hustle, whatever. And we're just looking at that year. And a lot of us, because we feel unhappy in the current situation that we're at, we're looking to change it quickly so that we can not feel that unhappiness. We think that if we get this thing, if I just get the side hustle going and if it doesn't happen in six months, then I don't wanna do it because like I just need something that's gonna change my life right now. And I don't have to tell you the problem in thinking like that, right? And this quote I think really does do a wonderful job of explaining that like in 10 years, your entire life can look different.
I mean completely 180 different that might not happen in one year. And when you can get your short-term goals to be aligned with a long-term vision, like a long-term goal, then you can kind of set yourself on this road where you don't have to have everything happen in one year. And a lot of times when you have that long-term vision, when you have that long-term goal, then you can sacrifice in the short term because it is for the good of what you are doing. I'm gonna give you some examples, but what I want you to see is a lot of times when we are in situations that we hate or we think we hate, we don't like whatever, we have a lot of negative thoughts about. The reason there's so much hopelessness in a lot of people in these careers is because there doesn't seem to be a light at the end of the tunnel.
It's just the same every single day. And I think a lot of times we think like this is all it's gonna be unless I make some kind of like drastic change. So it's just gonna be year after year after year. It's like every day I'm just kind of groundhogs day. And I think that's what leads so many people to feel really so stuck and so hopeless. But when you have an idea of what you want to do long term, let's say your goal just becomes like, I want to work for myself. I want to build a business where I have flexibility on you know, my timing and I don't have to answer to somebody else, and I wanna replace my income. I don't have to make that happen this year, but I can make decisions then about my career to be in line with that.
So maybe I decide I have to stay in this job for another year or two years, and that's okay. Like maybe my goal then becomes, okay, if I'm gonna go jump into entrepreneurship, then I wanna pay off my student loans as much as possible. I wanna save up a runway. I want to get clear on like the niche that I'm gonna be working on. Whatever all of that stuff can be worked on while you stay in the job. And what happens is, again, because your thoughts are what create your feelings, oftentimes from what I see is with my clients, like they all of a sudden are so much happier in that current job because now is a light at the end of the tunnel. There now is a decision of like, okay, maybe it won't be this year, but I am looking at the next 10 years.
I'm not just looking at this year, I'm looking at where do I want to go? Is this leading me in that direction and can I sacrifice this year and do things maybe that I don't want to do to put myself in a better position to give my future self more leverage in the thing that I want to do. But when you're only focused on a short term goal, when you're only focused on this year, it becomes really difficult to know, is this going to be in line with what I want to be doing?
A good analogy, I think a lot of times when we look at anything that, you know, we deem like an overnight success or all of a sudden like we look at kind of that tip of the iceberg and you're not seeing the work that went into anybody building anything. An analogy I like is about ice melting. Stick with me. So ice melts at 32 degrees Fahrenheit, and if you put, you know, a piece of ice on a table in a room that's 25 degrees and you warm up that room, nothing happens between 25 to 26, 26 to 27, right? 27 to 28 to 29 to 30 to 31, and then at 32 it starts melting. And everyone looks at that and it's like, that's the part where it was this big shift, but it wasn't right. It required like the same amount of energy that took to heat up that room from 25 to 26 to 27, 28, 29 is what led to the ice being able to melt, right? And that is the same thing with every one of us in what we are building, or what you are creating in your life is like everything builds on top of each other. It's not like one random year is going to be responsible for the rest of your life.
When you start with this goal setting stuff, it is about every year taking stock, like learning how to do it the right way so it doesn't deflate you, and every year tweaking and seeing what path you're on and seeing if it's still aligned and deciding which direction you are gonna go. So I wanna give you my own journey as an example. And I want to talk a little bit about, like when I say even a vision or sometimes the long-term goal, sometimes the long-term goal is not as clear, right? So the decision isn't I want to have a seven figure business selling, you know, this type of a product or service, and so I'm gonna start chunking it down. If you have that clear of a vision, then great, that will make goal setting that much clearer for you. And I think it becomes clearer as you kind of find your north star, but in the beginning it may not look that way.
So for me, when I left in 2014, when I left the law and I was completely lost, I didn't know where I wanted to go, I didn't know where I wanted to end up, but I did say that what I wanted, the vision that I wanted was I wanted to work less. I wanted to work for myself. I wanted to have work that I felt super excited and passionate about. I wanted to grow and learn new skills and prove to myself that I could create something out of nothing. Like there was a lot of things that I wanted to do, I just didn't know how I was gonna do it. But I knew that the vision was, you know, I remember at that time I had to make a real decision of like, do I just go back and get another job? Now financially I was in a place where I could make that decision.
So everybody's decision making calculus is gonna be different, and that doesn't make it right or wrong. Like we all have different decisions that we have to make. And for me, at the time, I knew I didn't have that much time because I actually was spending a lot of the time with my newborn child and taking care of him. But I also was thinking like, do I just go back and get a job at a nonprofit? Do I try to do something that is outside of law? But I was getting really clear on what I actually wanted and what I didn't want. And I knew that ultimately my vision was to work for myself and create my own schedule and have more flexibility and work less. And I knew that I would be kind of prolonging that if I went back into another employee situation. And so even though I didn't know anything about entrepreneurship or what I was going to do, I kind of decided like I am just gonna dive in and figure this out.
So when I look back over six years, my life is now completely different. I mean, I am a different person and everything in my life looks different now, right? But in 2014, if you look at 2014 or 2015, every single year, it doesn't look like there was huge strides at that time, right? The first year I was mostly lost and I was mostly taking care of a newborn baby, and I was just committed to doing things when he was sleeping or during nap time, and I knew it was gonna be a slow year. I knew I wasn't gonna make huge strides. The second year was when I decided to build the photo booth company again, it was at a snail's pace. I knew that I only had a certain amount of time every week. I knew that building a product was gonna take a long time.
And I also knew when I started out, knew that it wasn't going to be my end all thing. I knew I wasn't passionate about that, but I figured I need to take a step. I need to do something to give myself a little more clarity. I need to prove to myself that I can do this. I know that I will learn more about entrepreneurship by trying this than by sitting on the sidelines and reading about it, or just listening to podcasts, right? So I have to get in the game and start building something. And even if it doesn't work out, I don't care. I just don't want this year to be wasted of me sitting around waiting, thinking about what I wanna do. So the second year, which is like 2015, I was building a product. So on the outside you didn't see anything like I had no company.
I was mostly like finding designers going back and forth, trying to find one that could do it for the cost that I could do it, finding materials, figuring out everything about photo booth businesses, right? The third year was when I launched that business and I started learning more about marketing, and I started learning about sales. And again, it wasn't like a huge knockout success. I ended up in that year building it into a pretty good side hustle that I didn't have to, that was like passive, which again was my vision. My whole goal was like, I wanna build this into something where I don't have to be a part of the day-to-day. Like I don't have to do a ton of work. And so I learned about passive income streams. I learned about how to create it in a way that it didn't require a lot of me.
I kept learning about entrepreneurship the fourth year. So 2018 now was when I launched this podcast. Again, I didn't really have an understanding of what I was gonna do. I was just like, this is a conversation I wanna have. I feel very drawn to doing this. I don't know why I wanna do it. I felt super exposed and terrified, but I decided to do this. I did it for a whole year without ever trying to monetize it or create it into a business because I wanted to see where it was gonna lead me and what kind of business I wanted to create out of it. The fifth year was when I launched this business, and I have to look back, but I did not make that much money. I can't, I honestly don't remember exactly how much I made, but without, with the photo booth business, it was a good amount of money on that I was making on the side, but it wasn't anything to call home about.
And now I'm in the sixth year of this business. I have grown my platforms by leaps and bounds. I have like 125,000 followers on TikTok, almost 20,000 on Instagram, this podcast as I don't know, hundreds of thousands of downloads. My business will do more than six figures this year, which is a replacement of my legal career. I'm doing something that I'm so passionate about that I love so much. But I want you to understand that like if you look at year to year, it's not that much growth. Like it's small incremental steps that add up that compound and become huge. And what I have learned in those six years is life changing, completely life changing. I mean, the things that I have learned, the what I can apply, my marketing and sales skills, what I can apply by brand building, audience building, podcasting experience. Now coaching, I have no doubt that I can create another business.
If I wanted to pivot this, if I wanted to do something completely different, I have no doubt that I'm going to scale this to even bigger. And the thing is, is now looking back, I think I don't have to have any of that happen next year, right? My goal setting is not for just 2021. I look at like, where do I want this business to be in five years? Because I know in five or 10 years my whole life will look different again. And I can't really even imagine how big it can be. I think it's very hard for us to know exactly, but you better believe I have a crystal clear vision of where I want it to go in like a general sense. I have an understanding of where I want this brand to go and how I wanna grow it, and how many people I wanna help and the impact I wanna have.
And then I get to work on my yearly short-term goals based on that. And sometimes that means slowing down. Sometimes that means like building something that I know isn't going to be super fun or glamorous or focusing on maybe, you know, the backend stuff. That's not what everybody sees, but I know is gonna set me up in two years, three years, four years. And so I want you, when you're thinking about your life right now and you're thinking about your 2021 goals, it's not just about 2021, right? It's not just about how much can I, you know, can I take on to fundamentally transform my life in one year? It's about like, how do I start using these building blocks every single year? The years are gonna pass, I'm gonna make decisions about my life. How do I make them intentionally to start stacking on top of each other?
And how do I do that to go into the direction that I want to be going? And then it becomes easier to make the sacrifices in the short-term goals. So it makes it easier to stay in the job that you might have to stay in for another year or two or five, or maybe it becomes easier to not invest in yourself or your business right now because you're gonna save in order to whatever, do whatever you need to do.
I just want you to start thinking about those two things. So it doesn't mean that if you have to do something in the short term that's not exactly what you want to do, then somehow you're giving up all this opportunity cost or you're staying stuck, or that means that you're, you know, not doing it right? I don't want to ever relay that message, but I do think the clearer you become, unlike where is the direction I want to be going in, you don't have to have a solid idea.
Like as I get more clear in what my North Star is, I get a clearer vision of where I wanted to go. And so it becomes easier to even do the short-term goals. But I'm telling you, when I started in 2014, I had no idea. I just knew a direction that I wanted to go in. And every person that I have either worked with or that I've become friends with through this podcast, seeing them on their own journeys, every single one of them is just like one step on, you know, builds on top of the other. And there's tons of pivots in that, right? But it's just generally going in that direction that they wanna go. So I want you to think about what is that long-term vision that I have for my life? What is that long-term goal that I wanna have? And that doesn't have to be like a smart goal. It doesn't have to be like specific and measurable because you're thinking long-term. If my life could change in the next 10 years, if I literally could tell you that you could have a completely different life in 10 years, what does that life look like to you?
If you could have anybody else's life, let's say anybody else's business, I don't even care if you choose Beyonce, if that's truly something you would want. Like if your dream is to perform in front of millions of people, then that's the vision that you, you need to like kind of investigate why do I want that? What part of that do I want? What drives me from that? What, what do I think my life would be like if it was that? Right? Get an understanding of where you want to go. If you're not limiting yourself, if you're not looking at like what's realistic, if you're really saying, okay, in 10 years my whole life can be different, what is that vision? And then work backwards on what do I have to do next year to put me in a better position towards that? What do I have to build on where every single year it'll add?
And like I'm telling you, in six years, my life looks completely different now, but every year I dealt with a lot of frustration of like, it's not changing fast enough. I still don't know what I'm doing. You know, I had a lot of those thoughts and now looking back, it's easier to see. And so I don't want you to have that same frustration. I want you to know that like even though we're overestimating what we can do in a year, once you're aware of that, you cannot do that. You can say like, everything doesn't have to change in 2021, but I can start ma taking steps in the direction that I want to go. So I encourage you to sit down and think about where is the long-term vision of where my life is going? And then how can I break that down into short-term goals for this next year to start taking steps in that direction.
Hey, if you are looking for more in-depth help with your career, whether that's dealing with all of the stress, worry, and anxiety that's leading to burnout in your current career or figuring out what your dream career is and actually going after it, I want you to join me in the Quitter Club. It is where we quit what is no longer working like perfectionism, people pleasing imposter syndrome, and we start working on what does, and we start taking action towards the career and the life that you actually want. We will take the concepts that we talk about on the podcast and apply them to your life, and you will get the coaching tools and support that you need to actually make some real change.
So go to and get on the waitlist. Doors are closed right now, but they will be open soon.