001: Michael Hyatt on the 10 Biggest Goal Setting Mistakes People Make (and how to fix them)

001: Michael Hyatt on the 10 Biggest Goal Setting Mistakes People Make (and how to fix them)

Michael Hyatt (@michaelhyatt) is the New York Times, Wall Street Journal, and USA Today bestselling author of Platform: Get Noticed in a Noisy World (Thomas Nelson). Formerly Chairman and CEO of Thomas Nelson Publishers, the seventh largest trade book publishing company in the U.S. – his next bookLiving Forward: A Proven Plan to Stop Drifting and Get the Life You Want (Baker Books) with Daniel Harkavy is scheduled for release in early March 2016. He is the founder of 5 Days to Your Best Year Ever,™ Platform University®, and Get Published.

Michael and I cover a TON in this 60 minute episode, including some incredible tips on how to simplify and demystify goal setting. This conversation was originally a LIVE Q&A call with my clients, so you’ll hear their questions throughout. Here’s just a tiny sample of what else we cover:

  • Michael’s journey to becoming a goal setter
  • How Michael’s morning routine directly affects his probability of achieving his goals
  • How Michael uses Evernote for a simple framework to both write down and keep his goals visible
  • A lesson you can learn from baseball great Ted Williams when you fall short of your goals
  • How being in the “discomfort zone” can help you know if you set meaningful goals
  • Two of Michael’s favorite business books from 2015
  • Check out the show notes below for much, much more. Enjoy!

Already heard it once or twice? Please leave a short review here, and tell me which guests I should have on!



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And please connect with Michael on Twitter or Facebook. He’s a wealth of knowledge and was extremely generous with his time.

Scroll below for links and show notes… Enjoy!


Blog | Twitter | Facebook | Instagram | LinkedIn


  • Michael’s journey to becoming a goal-setter, how he started, and the huge potential he personally experienced in designing his life [4:56]
  • How Michael got started with writing his goals down and how he had a blast with his entire family recently — on vacation! — setting goals/aspirations [6:14]
  • Why writing your goals down is so important to make them a reality [8:22]
  • The battle between the urgent and the important [9:54]
  • How Michael’s morning routine includes goals [10:17]
  • Making your goals visible and how Michael uses Evernote to facilitate that [12:19]
  • You’re 42% more likely to achieve your goals if you write them down and the book that Michael had his wife and kids read before the vacation where they wrote their goals down together [15:04]
  • Why too many goals is bad (and how many you should have) [16:56]
  • How specific should you get with your goals? [18:34]
  • Keeping goals simple and not obsessing over the action plan [19:59]
  • What area of your life should you focus on with goal-setting? [21:12]
  • The “circle of being” and “the circle of doing” [21:55]
  • Michael’s new life score tool [23:54]
  • How the gap and the gain informs goal-setting [25:49]
  • Major League Baseball can be a lesson for us in setting big goals and redefining what we see as success [28:14]
  • Do you really have to be specific? [30:35]
  • What should you measure? And why? [31:35]
  • The 3 big benefits of deadlines [34:31]
  • How it’s effective to tie a consequence to the deadline [37:20]
  • Sign up, show up, stay on, and fast action bonuses [39:04]
  • Michael’s ideas for bonuses and why they work [44:02]
  • Why visibility is so important for goals and some ideas for keeping your goals in front of you [45:21]
  • The 3 indicators that you’re in the “discomfort zone” [47:04]
  • Discovering the “why power” and asking the right questions [49:24]
  • How to get excited about your goals [52:44]
  • Setting goals isn’t enough: here’s what’s next [53:40]
  • The Best Year Ever program [55:41]
  • Rapid fire questions at the end:
    • Who’s the person who comes to mind when you hear the word “successful” and why? [58:14]
    • What’s the favorite book you’ve ever read and how did it impact your life? [58:55]
    • If you could start your career over and go back to your 25-year-old self, what words of wisdom would you give yourself? [1:00:14]
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The information and opinions contained herein are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Advisors Excel. The guest speaker is not affiliated with or sponsored by Advisors Excel. For financial professional use only. Not to be used with the general public or in a sales situation.

Compliance Approval: AE12154536

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