50/5 Challenge for 2015

Happy New Year!

I have encouraged friends, family, and clients (and some strangers) to consider crafting the following for 2015:

A. A Life List of 101 Goals which includes goals for 1, 3, 5, 10, 20, (and maybe 50) year time horizons. A life list is also known as a ‘bucket list’.

B. A Purpose Statement to explain the reason one has for waking up everyday. If you get stuck on crafting a purpose statement, a good starting point is to consider what you would like people to say about you…both now and 100 years after you have died.
However, a few people have told me that they had a hard time with both of these activities. Here is an exercise that can help.

Today, you are given both “the good news” and “the bad news” just hours apart.

  1. While having breakfast with your accountant, you discover that your net worth has suddenly increased, due to all your efforts, to $50 million dollars!
  2. However, after lunch, during a routine doctor visit, you discover that you only have 5 years to live. These will be extremely healthy years until the very last day; however, there is no cure or treatment.

This is the 50/5 Challenge. Map out how you would spend your time for the next five years. Go into detail. Do not just say “travel the world”. Where would you go? Why? With who? What would you do there? What else?

If you have a problem with goal setting, this may help you gain some insight into what you really would like to try, see, experience, be, or have before you actually do enter into your last five years of your life.

P.S. I hope 2015 is your best year ever!