One more way to increase your commitment to your goal is to involve others in its achievement. Instead of engaging your competitive spirit, you can create a spirit of cooperation and teamwork.
This is the approach I’m choosing to use for my new passive income goal.
I believe that we can all achieve our goals together and help and support each other along the way, so I wish to create a spirit of cooperation. I wouldn’t find it helpful to have people wishing for me to fail. I’d rather see all of us intending each others’ success as well as our individual success.
By creating and sharing a public series of blog posts on how to create passive income, I’m engaging other people in the achievement of my goal. A positive side effect is that I’m creating a resource to help others achieve similar goals. People generally appreciate this sort of thing, and I’m already seeing a lot of positive feedback on this challenge. I do appreciate the encouragement, which is very motivating to me.
If I did this as a private pursuit, I might find it harder to achieve my goal since I’m the only one who’d care about it. But by doing it in a way that invites more social support, it becomes easier. Yes, it’s more work to publicly share the steps along the way, but it also turns a solo project into a social one, which makes it more fun to work on. I also have more accountability to keep moving this series forward week after week.
By announcing this series publicly, I’ve invited others to hold me accountable and make sure I keep it going. I’m always free to take mini-break when I want, but other people are going to nudge me to move this along since they’re motivated to receive the value from it. I believe this makes it harder for me to fail. Making it harder to fail means making it more likely to succeed.
If you look at my situation and how I’ve set this up, you’ll probably agree that I should have some good motivation to complete this challenge and achieve my goal. Time will be the ultimate judge of course, but in the meantime, have you set up your goal with a similar amount of motivation and pressure? If not, this is the time to make those adjustments. If it’s too easy for you to drop the ball, you probably will. I’ve actually won money betting against people when I could see that they weren’t putting enough pressure on themselves to succeed.
Our goal is to find multiple income streams, and the more passive the better.