How to PASS

There are loads of books focused on how to be successful. From investing to debt repayment, from setting goals to improving your earning power, advice is everywhere. But even after reading a good blog or a good book or hearing an inspiring story, it’s sometimes hard to stay focused. So today I bring you a simple acronym that may help you do just that.

Whether you’re determined to learn to live on less, make more money to get to debt free forever, you can succeed – you can pass – if you do the following:
Plan. Yup, that’s the “P” in PASS.  You can’t do anything without a plan. I liken trying to get anything accomplished with a solid plan to driving down the road blindfolded. You’re gonna end up in a ditch.
Begin by clearly defining what it is you want to achieve.  How will you measure your progress?  If what you want isn’t quantifiable, how will you know that you achieved it? And if it doesn’t have a timeframe attached, it’s just a dream, not a plan. You have to be very specific about what you want: I want to pay off my $1200 credit card by Christmas this year. I want to have the money to pay for my $3200 honeymoon before I get married next June.  Quantifiable goals can be achieved.  Fuzzy goals, not so much.

Make sure your plan is realistic. Wanting to have $40,000 saved for a downpayment on a home in three years when you make only minimum wage may not be doable if you don’t change of other things in your life, like your job. And be flexible. There is no rule that says that plans can’t change. If your priorities or circumstances change, so should your plan.

Act. That’s the “A” in PASS. The best-laid plans won’t make a bit of difference if you don’t DO something.  Some people spend so much time putting their plan together they have no energy left to execute the plan. Or is it that they’re so afraid of failing that they let themselves get stuck in the planning stage?

Let’s take a chick I’ve worked with, we’ll call her Sally, as an example. Sally has wanted to go into business for herself for as long as I’ve known her. She’s got talent. She’s got a vision. And she’s spent the last five years working on the plan. What Sally doesn’t have is the chutzpah to act. She’s petrified.

Once you’ve got the plan in place, you have to have enough faith in yourself that you can do it. You must believe in yourself. If you’re shaky, it’s time to bring some mantras online to put your most positive spin on the subject at hand.

I’m a big believer in the fact that people can do just about anything they really want to do. There are lots of folks who say they want one thing and then act against their own best interest. I’m not talking about those kids. I’m talking about the people who have clearly defined what they want and have the balls to make it happen.

Sometimes it takes a lot of Stick-to-it-ness to get from here to there.  Hey, that’s the first “S” in PASS. If you don’t have the gumption to go the distance, then you won’t. Stick-to-it-ness is what separates the men from the boys. It’s the ingredient most lacking when it comes to seeing a plan through to fruition.

People with stick-to-it-ness don’t give up. When things look bleak, they look at their plan to see if there’s a problem there. Or they change their timeline. Or they look for more resources to help them. But they keep on truckin’. And even when the first plan doesn’t work, people with stick-to-it-ness know that the lessons they are learning are going to help them succeed with Plan B.
Ulimately, it’s all about Success. Yup, that’s the final “S” in PASS.  So the whole thing ends up looking like this:

Plan + Action + Stick-to-it-ness = Success

Your turn: Is there something you’ve always wanted to do that you just haven’t made happen yet? Com’on, fess up!

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