Reflections and Learnings

TWT Newsletter #11

As the first Quarter of 2023 ends, if you haven’t, take some time to reflect on how your quarter went. Celebrate your accomplishments. As well as your failures. These experiences and learnings are vital to your personal development. And if you didn’t go through them, then you would not grow.

In this newsletter, I will share my reflections and learnings from the past 3 months. They will serve as examples and learnings you can take for yourself. One of the fastest ways to learn and grow is to use someone else’s experiences and mistakes, and take them as your own.

List Achievements and Accomplishments

When I reflect I start off at what I wanted to achieve in Q1 (goals/the beginning) and what I have accomplished (the end). It allows you to see things in stages and fill the gaps in between. So that during the reflection stage you can discover the actions that lead to your outcome (failures or success). Be very intentional about any mismatch and misalignment in your goals, actions, accomplishments, and desired results. Don’t harp on them or beat yourself up, because the past is the past. Only thing you can do is learn from it.

My Goals to Achieve in Q1:

• Start The Wealthy Thing Newsletter and post weekly newsletters

• Start creating videos for my Personal Brand on social media

• Start using Twitter as my first social media platform to grow on

• Start Mindset and Wealth Builder Coaching Program

• Start Leveraging more by hiring for all my different businesses

• Build out Real Estate Portfolio and DADU Project

My Accomplishments in Q1:

• The Wealthy Thing Newsletter was created, and has been posting weekly newsletter since Jan 2023 and now we are at 100+ Subscribers!

• Personal Brand started on social media and short form content system rolled out

• Twitter created and grown to around 1k+ followers in 3 months

• Started Mindset and Wealth Builder Coaching Program and have 4 clients

• Hired one personal assistant and video editors in process/have hired 1-2 virtual assistants

• In the process of getting permits for 2 new developments for Real Estate

List out all your accomplishments like the example above.

Reflection

A quick note: I don’t think you should think about the past that much since it has already passed. The only thing you can do is reflect and take away from it. Reflecting and integrating the learnings, and completely moving on will make you wiser. Also saving you precious time and energy. People spend too much thought and energy towards thinking about the past that doesn't serve them. So quietly reflect and incorporate the new found learnings to make more effective actions for the next quarter. And in turn you’ll be taking the steps to your wealthy future.

For the above goals and accomplishments, how I start reflecting is looking at each goal. Figure out if I hit them or not. Then ask these questions for each goal (accomplished or not):

1. What could I have done differently?

2. What went well?

3. What didn’t go so well?

Then write them all down. Dive first to the ones you’ve accomplished, circle the things that went well. Those are the things you NEED TO DOUBLE DOWN ON. Then move on to the things that didn’t work well. There is either some form of resistance or learning here (both if you're lucky). There are many questions you need to ask yourself here, I personally start off with is there a system or someone I could have leveraged in the parts that didn’t go well? The deeper you dive into these questions, the better the reflective outcomes will be.

Learnings

The learnings from the reflection phase were these 2 big takeaways.

Add or Give More Value

Adding or giving value first is important in any kind of relationship (business or personal). If you’re not getting the outcome you want, then that means you’re not adding/giving enough value.

The biggest takeaways for me when diving into new ventures as a digital creator was around monetization. Starting off, I essentially wrote off that I would not be making a dime this year, and I would be giving everything for free. Essentially this meant I was a starving artist if I did not have my other income streams.

Any good entrepreneur/business person would already see this as a yellow flag, you cannot be successful without positive cashflow. Another reason is to produce the best product/content and offerings as a digital creator, you need more resources to do so. I discovered this early on this quarter and pivoted into creating a suite of digital products that would add and give value to my audience as soon as possible. This would allow me to iterate and improve my products a lot faster as well.

Furthermore another takeaway was when I was getting my first cohort of paid clients for my coaching program. Got some great feedback from trial coaching and now did a soft launch with paid clients. I discovered from talking to prospective clients that I needed to add more value to my mindset and wealth builder coaching. Not just more value but also perceived value, because my prospective clients didn’t understand the offer that was given.

Every initial meeting, I was always explicit about expectations - which as a high performer - I hold others who I work with to a high standard as well. So I wanted to communicate that, but I also learned I needed to iterate the kind of transformation my client would undergo through the coaching program.

Also listing the results/achievements that they would get after completing the program. This was needed to give them more perceived value, even though I knew that this was going to be an amazing experience for them, I had to explicitly tell them. Duh moment! So that was reflective for me. The product was good, but the perceived value was not there yet.

Also adding more customizability to your packages and accountability brought up the value of the packages as well (for any coaches out there). This led me to acquiring 4 clients quickly and a waitlist of 2 other clients.

Also if you are serious about investing in yourself, and trying to reach new levels in personal development. Or not getting the results you want, send an email to this newsletter for more details about my coaching program.

Aim Higher

The last takeaway is that I hit all my goals listed above. Through the reflective process I realized I broke through a lot of new levels in personal development. Reaching the highest level I’ve been in awareness and growth. This was most likely because I was in extreme alignment with myself, had extreme focus, found a new way to reach flow state, and took consistent action leveraging the systems I built to achieve my Q1 goals. But with that realization and reflection, that also meant that the goals I set for myself for the next quarter need to be higher.

I firmly believe that if you reached all your goals for the quarter or year that means you didn't push yourself enough and need to aim higher. You should have goals that seem almost unrealistic so that they will push you to new limits. This is the fastest way to hit hyper growth and have a breakthrough to the next level. Similar to a seed, a seed does not expand and reach massive growth unless it breaks out of its shell. Before that it has to reach extreme discomfort and with enough expansion and growth in a short period of time it breaks out of its exterior. The same is for personal development. That is why for my next quarter goals, they will be drastically different and much higher. Infusing all my new found takeaways.

And that’s a wrap for Q1 Reflection and Learnings.

Hope you learned and enjoyed my newsletter!

If you want to learn more about building a wealthier life for yourself through mindset and investing - subscribe here. Also, share with someone who might gain value from this newsletter. Remember you can make magic happen daily. Have an awesome day!

- William Thing