EntreGurus-Book-Built to Last-Jim CollinsTODAY’S IDEA:

Have Big, Hairy, Audacious Goals to keep you going and stimulate your progress.
— From Built to Last: Successful Habits of Visionary Companies by Jim Collins (read or listen to a sample).

Today is the last Friday in January, which means it is National Big Wig Day ™. This is a celebration of “the potential inside of all of us”  and the opportunity to lead by example, as any bigwig would do! We are the bigwigs in our lives and today is a reminder that “regardless of title, we can make a difference and improve the lives of others.”

Bigwigs usually have “Big, Hairy, Audacious Goals” or what Jim Collins has coined as BHAGs (pronounced “bee-hags”) in his excellent book. Yet this does not have to be a concept exclusive to the most important and powerful persons/companies in the world. We can learn from them and use BHAGs too, because they are “a particularly powerful mechanism to stimulate progress… There is a difference between merely having a goal and becoming committed to a huge, daunting challenge—like a big mountain to climb.”

A BHAG must be “clear and compelling. […] It has a clear finish line, so [you know] when [you] have achieved the goal. […] A BHAG engages people—it reaches out and grabs them in the gut. It is tangible, energizing, highly focused. People ‘get it’ right away; it takes little or no explanation. […]
The essential point of a BHAG is better captured in such questions as: “Does it stimulate forward progress?  Does it create momentum?  Does it get [you] going?  Does it get [your] juices flowing?  Do [you] find it stimulating, exciting, adventurous?  Are [you] willing to throw [your] creative talents and human energy into it?”

Whether you are going strong with your new year’s resolutions (woo-hoo!) or they have fizzled out (oops!), it’s time to set a BHAG so that, as February rolls around, you don’t lose your momentum. Remember to stretch yourself and shoot for the stars with your BHAG (whatever your stars are) so that you can either arrive at your stars or land very closely in that direction. Keep in  mind this great quote by Michelangelo: “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.”

ACTION

Based on your new year’s resolutions rituals, goals, or intentions, pick one or two BHAGs (I suggest one personal and one professional) to get you through the rest of the year. Figure out how you will break each one down into manageable pieces month by month. Take some time during the weekend to do this and let’s get started next week on February 1st, deal?

I have  my BHAG ready, will you join me with yours? I’m thinking of starting a Facebook group for accountability on our goals and to create a community of like-minded, professional and growth-oriented people. Is this something that you’d be interested in? Please let me know!

I’m cheering for your success!!

P.S. Just for fun, here’s the story behind the term bigwig.  (I can’t get over the thought of scaffolding!)