hide

Read Next

The Possibility of Being a Horrific Failure

You can't control definitively whether you'll succeed or fail, but you do get to set the parameters. The way I live my life, I will either be an big success or a huge failure. There are a variety of potential paths ahead of me, and zero of them lead to comfortable success or minor failure. None of them lead to numb mediocrity.

How do you adjust these parameters? You set goals and accept risks. If you set goals low and don't accept many risks, you have no chance of huge success or huge failure. You'll end up somewhere in the middle. Maybe you'll end up a bit better off than you expected, or a bit down on your luck, but you'll be somewhere in the range of "fine". On the other hand, you can set extremely high goals, leave yourself no reasonable plan B, and take massive risks to get those goals. It's the only way you'll even reach them, but you may fall short and crash.

In my case, I've put all of my eggs in the SETT basket. I hope it becomes a huge success that makes me a lot of money, gives me some power to improve conversation on the internet, and all that. At this point I've invested two years of my life into it, with no plans of changing that allocation going forward. I've passed up many smaller opportunities that could have made me money. I do have some money saved up, but it's hard to count it as a backup plan when I know with certainty that if SETT failed I'd use it to start another company and go all in.

I work as smart as I can, I live frugally, and I plan for contingencies-- I'm not reckless, but when a calculated risk presents itself, I'm all over it.

Goals as a Learning Tool

On Unschoolery

By Leo Babauta

Some of you might know that I'm a fan of letting go of goals, or living/working without goals ...

So you might be surprised to know that this week, I decided to encourage my kids to create 2014 goals and a plan for accomplishing those goals.

What gives? Well, I thought I'd use goals as a teaching/learning tool in our little unschooling adventure. I've found goals to be unnecessary for accomplishing things, but I don't believe goals are evil, especially if you use them right. And they can be a useful tool to learn about something.

In this case, I'm helping the kids to learn about achieving things. It can be easy in life, and in unschooling, to let the days pass by without doing anything important or exciting. That's fine if you have a job and are getting a regular paycheck, but if you own your own business or are an unschooler, you don't have that luxury. You can take a few days off, but eventually you're going to have to produce.

Rendering New Theme...