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Set Goals Too Big to Reach Alone

In a live question-and-answer session, I asked the audience to think about whether their goals were large enough to require help from other people. My example was a financial goal: earning a million dollars over a lifetime. The amount was a way to start the conversation, not a promise that everyone would reach it.

Choose a goal that asks more of you

I asked my team to poll the room. Most respondents said they had a serious goal of earning at least a million dollars in their lifetime. What mattered to me was not the poll itself but the ambition behind the answers. If a goal can be reached entirely by continuing what you already do, it may not push you to learn, build relationships, or change your habits.

You need bigger goals.

A large goal can be hard to picture from the starting line. I do not expect one person to see every step in advance. The practical move is to identify an outcome, then work backward to the first skills, decisions, and people it requires. I explain that process in how I work backward from a goal.

The people around you shape what is possible

I wanted the group to see that ambition and environment go together. I have known what it is like to have limited resources and to want a different future. Changing the people I spent time with was part of changing the direction of my own work. A supportive group will not do the work for you, but it can give you better examples, honest feedback, and chances to contribute to something you could not build alone.

That does not mean collecting impressive names or rejecting people because they have not reached a financial milestone. Look for people whose effort and standards make you better, and ask whether you bring the same qualities to them. I go further into that choice in my article on building a peer group that helps.

Put education and effort behind the ambition

In the session, I connected the people around you with two things you control: how hard you work and what you learn. A bigger goal is only a slogan if you are unwilling to build the skills it requires. Education gives your effort direction; a strong work ethic helps you use what you learn. The group around you can challenge you to keep both standards high.

I also talked about protecting the quality of a mentoring group. One viewer valued the other members' drive and did not want that diluted. I agreed that the people in the room matter. The way to protect a serious group is for each member to keep contributing, learning, and doing the work. That is how a goal bigger than one person becomes something the group can help move forward.

Derek Moneyberg
Derek Moneyberg

I’m an investor, entrepreneur, wealth coach, and host of The Derek Moneyberg Podcast.

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