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Write a Monthly Review

I always look forward to the first of the month, and ironically it's because there's a bit of work that I do every first that I really look forward to. I write a couple monthly reviews.

One of them is for CruiseSheet, but another is just for life in general. I send it to two friends who usually send me monthly reviews back.

If you feel like you're getting a lot done on a daily basis, that's great. Or maybe it's not. A very common trap, one I've spend a bit of time in myself, is immersing oneself in work that feels important and keeps one busy, but doesn't actually produce anything. This applies to work beyond career ­— it could also be said about working out, learning, social life, or anything else.

Longer periods of time don't have the same paradox. If you look back at your year and can list all of the things you accomplished that year, they're probably all important. Busy work gets forgotten by the end of the year. A month is similar to a year in this regard. Looking back at a month is usually a pretty good reflection of your progress in life in general.

Mark This Down and Watch Me

On SEBASTIAN MARSHALL

Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.

I set my next 10 years of financial goals on June 28th. That was exactly a month ago.

1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.

3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.

5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.

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