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Go to Section What is a 5 Year Plan? Benefits of Making a 5-Year Plan How to Make a 5-Year Plan in 6 Easy Steps 5-Year Plan Examples Wrap Up You’ve probably heard of SMART goal setting (Specific, Measurable, Attainable, Realistic, and Time-bound goals). , but have you ever heard of hard goal setting? Society has been promoting SMART goals since the early 80s, but a 2020 study found that people who set SMART goals are less likely to love their work, while those who set hard goals are 53% more likely to love their work. But what are hard goals? Difficult goals are defined as: Passionately animated Desired difficulty Although SMART goals have admirable aspects, studies show serious problems regarding the ‘achievable’ and realistic aspects of SMART goal-setting. Methods that emphasize setting difficult goals are more likely to succeed and generate higher employee engagement. In this article, we’ll show you how to use hard goals to create a 5-year plan, as well as show you two 5-year plan examples. What is the 5-year plan? A 5-year plan is a list of personal and/or professional goals you want to achieve in the next 5 years. Often, 5-year plans include smaller, concrete goals to help you achieve the bigger goals on your list. For example, if the long-term goal is to buy a bigger house, the short-term goal might include setting aside a certain amount each month to put toward a home loan. Or, if one of your long-term goals is to become a certified nurse, a short-term goal might include finding the best nursing program in your area or applying for student loans. Sign up to get exclusive access to content, tools and resources. * Email Address: Subscribe Now Thank you for your interest Benefits of the 5 Year Plan The best thing about the 5 Year Plan is that it can inspire you to create the life you want to live. Note that we said “create a life” and not just “achieve a goal”. A 5-year plan that works for you will be more effective if you think about your life as a whole – how do you want to feel? What values do you live by? – As you make it. Whatever specific goals you have in mind – whether it’s starting a business, becoming certified or developing expertise, competing in an event, having a baby or taking a big trip – the 5-Year Plan will help you go beyond your dreams. . Help, make a wish come true. Here are some other benefits of making a 5-year plan: It creates a starting point for a career, startup idea, or personal goal. If you have a goal without a plan, it may never happen. But, if you know that you want to become a real estate broker by 2026, you are in a good position to start the process and take actionable steps to achieve it. It helps you stay focused and aligned with your desires instead of constantly letting your dreams take a back seat. It’s a constant reminder of what you’re aiming for, and what you need to do to get there. The trick is: make your plan as visible as possible, make sure it’s what you want, and make sure your goals are specific, measurable, time-bound, and hard. What should be included in the 5-year plan? Take a pen and a piece of paper. Imagine your life 5 years from now, and write everything down without any thought or judgment. If any fear, doubt, or negative feelings come up, that’s normal. The key is to ignore them and not give them any meaning. Use the categories below to help you write your whole brain. Health How do you want to see your nutritional health, mental health, physical health and mental health in 5 years? Are you interested in becoming a vegetarian? Do you want to lose weight? Do you want to start practicing yoga? Do you want to see a doctor regularly? Relationships Visualize your future professional relationships, friendships and family relationships. How do you want them to look? Would you like to join a networking group? Are you interested in starting a book club? Do you want to adopt a child? Do you want to take more trips with your partner? Money Visualize your financial goals in these buckets: Bills Everyday expenses (like groceries) Flexible expenses (like entertainment) Emergency savings goals Savings investments What do you see? Will you be contributing more to your 401(k)? Are you planning to save for higher education? What do you want your emergency savings to look like? Do you want to save for a big trip? Career/Business What are your career and business aspirations? Do you yourself lead a large team or an entire corporation? Do you want to become a digital celebrity? Are you planning to start a blog? The truth is, the business world and the way people buy and use goods and services are constantly changing – and fast. Don’t get stuck in roles and titles. Especially if you’re early in your career, you’ll discover career aspirations and opportunities that don’t exist today. That being said, spend time thinking about what kind of activities you are interested in, what kind of environment you enjoy, what kind of impact you want to make on a daily basis. If you’re feeling stuck about your career goals, consider: Taking career assessments Making a list of different career paths you like and finding overlaps between which companies are hiring consultants Building your network Creating your own job or business that’s your passion , make a list of prices. , skills, and interests along with your interests, then find or create jobs that match parts of the list if you still have your own. Not sure about your dream job, don’t worry. Pursue jobs that interest you, learn from them, and eventually, you’ll end up in jobs you’re passionate about. If there is no passion, many people also have anxiety. The reality is that pursuing interests and immersing yourself in work is the best way to find and develop passion. It is also good if you are multi-enthusiastic and interested in multiple tasks. Personal/Spiritual/Religious Growth How do you want to grow personally and/or spiritually? Are you interested in starting a home church? Do you want to work with a life coach or a career coach? Do you want to meditate more? Do you want to start a gratitude or prayer practice? Do you want to build flexibility? Environment/Organization/Space/Home How do you picture your future environment? Are you living in a tropical bungalow in Bali? Are you in a newly decorated and renovated home? Do you have a custom pool in your backyard? Are you living with your family to save money? Are you embracing minimalism? Hobbies/Recreations What hobbies will you have in the future? Will you be snowboarding every winter and surfing every summer? Are you interested in joining a football league? Do you want to take cooking or art classes? Service/Contribution What kind of meaningful contribution would you like to be a part of? Are you interested in volunteering for a vegetable cooperative? Do you teach children on weekends? Being a mentor? Do you want to buy monthly groceries for one of your friends in need until you get back on your feet? How to Create a 5 Year Plan in 6 Easy Steps Focus on your plan Consider possible goals Ask your ‘why?’ Identify yearly goals and create monthly goals Research how to reach your goals Adjust and modify as needed How to use your notes to create your plan: 1. Focus your plan Hit View your notes and what specific areas to focus on make a decision You can decide that you want to focus on certain areas, such as your health and career, or you can decide that you want to focus on all areas. Once you’ve decided, take a piece of paper for each area you plan to focus on and write a growth area at the top of each one. For example, if you decided to focus only on health and money, you would write ‘Health’ at the top of your first paper and ‘Money’ at the top of your second paper. 2. Consider possible goals Next, divide each paper into two columns. The left column will be for ‘goals’, and the right column will be for ‘action steps’ or ‘skills’. Then, decide which one
Writing A Life Plan Template
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