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Missed Fortune – Growing Our Lives Exponentially

Posted on | December 23, 2013

Identifying Dangers Opportunities & Strengths

With a new year upon us, many of us are evaluating the past year and planning for the new one.

Dan Sullivan is a strategic entrepreneurial coach and a brilliant author. Among the many principles Dan teaches is the DOS Exercise. DOS stands for Dangers, Opportunities, and Strengths.

The DOS Exercise is a regular evaluation of 10 different areas of our lives and it works for people of any age or stage of life.

The exercise involves picking a point in time in the near future, like the end of 2014, and asking ourselves, “What has to have happened in those 10 different areas of life during that time to make us happy with our progress?”

The areas we’re focusing on are centered around specific relationships in our lives.

For instance, the first relationship is the one we have with Deity. Therefore our evaluation would involve writing down what we would like to see happen in our relationship with that Higher Power.

When writing down these goals, it’s helpful to do so using the SMART method. This stands for goals that are Specific, Measurable, Attainable, Relevant, and set forth in a particular Time frame. Think of them like New Years resolutions with real commitment.

The second relationship involves analyzing what must happen in connection with our spouse, if we’re married, or with ones parents if he or she were a child.

The next relationship we examine is the one we have with our children or for people without children it would be the relationship we have with our siblings.

The next relationship is the one we enjoy with extended family or for children it would be the relationship they have with their friends.

Next we would focus on our physical well-being and what would have to have happened during 2014 to be satisfied with our physical health. Again, these goals should be specific and address things like our weight, our exercise habits, body mass index, etc., and what we’d like to be like one year down the road.

The next category is financial. This would include evaluating our self-reliance and ability to get by. Do we have six months worth of savings or food storage in the event of some unforeseen crisis?

The seventh category is our mental or intellectual well-being. This is where we would evaluate what we hope to have learned.

The eighth relationship is business. This encompasses what we do to earn a living whether we own a business or work a job. For youth, this category would refer to their schoolwork and education they’re working towards.

The next category centers on what we’re doing in regards to some form of higher service. This could include church or civic organizations to which we devote a portion of our time.

This brings us to the final relationship that focuses on how we are giving back to society in terms of voluntary hours and community service. These are the 10 relationships that we would examine in detail and explain what must have happened in each of them for us to be happy with the progress we’ve made in 2014.

The Goal Is Exponential Growth

After doing this, we go through and identify the biggest dangers, obstacles, or roadblocks that we might encounter during this coming time period. Once they’ve been identified, we can write down ways to eliminate those barriers.

Next, we want to list out the greatest opportunities that we will need to seize and identify the strengths or resources available to us to make this a reality.

This could mean hiring a nutritionist or a personal trainer to help us with our physical goals. In our financial goals this might mean we need to start saving money or perhaps refinancing our home at the lowest rate we’re ever likely to see again. We may want to map out how we could plan for more meaningful family vacations.

This DOS Exercise raises our chances of succeeding in our achieving our goals from 55% up to 99% if we eliminate the greatest dangers, seize the greatest opportunities, and harness the greatest strengths.

Doing this exercise on a regular basis creates the opportunity for exponential growth rather than linear growth.

Those who have been pondering where they’d like to be financially a year from now should consider visiting with a wealth architect today.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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