Thriving Family Principle: Have a Written Plan
Arkos Content Team | August 21 2020
Have you ever watched an archery tournament or seen trick shots from an archer?
The skill and accuracy of the archer are impressive. Were they natural gifts, or is there more to it? It’s likely a little bit of both. To really hone his craft, the archer spent long and arduous hours, days, weeks, and years training to hit the bullseye.
What started as an interest or desire morphed into a plan that set off a level of dedication that resulted in excellence. What if the bullseye or the target that the archer was aiming at did not exist? What would be the purpose of training or competing in the tournament? There would be no purpose.
Very much like the archer aiming at the target, it is important that we have something to hit. Without a target we are left aimlessly wandering around trying to find our purpose. It leaves us without a goal to work towards. Here are some tips and reasons to create a written plan and work the plan.
Without a Written Plan We Have Nothing to Aim For
I can think of a million excuses why to not have a written plan.
One simple one that we can all relate to is life is never the same, things are always changing. Have you ever seen an archer hit a moving target?
An archer hitting a moving target is no different than us hitting our targets in life. I can guarantee you that the target will move. Life will happen and the target will adjust. This is the reason to create the written plan and work that plan. It allows you to be more flexible and prepared when the target does move.
Imagine if the archer never practiced hitting a moving target and then a moving target was introduced to him at an archery competition. Do you think he would win?
Only One Archer Wins The Tournament
1 Corinthians 9:24 says “Do you not know that in a race all the runners run, but only one gets the prize? Run in such a way as to get the prize.”
Do you know that only one in four Americans have a financial plan? That means 75% of Americans are already planning to fail. At least that is what Benjamin Franklin says in his quote “If you fail to plan, you are planning to fail”. Don’t be the athlete who doesn’t train or prepare for the race. Show up and create the plan and work the financial plan.
Do You Do Your Own Heart Surgery?
I know I would not do my own heart surgery as my heart is too important to me for it to not work. Therefore, I work with a cardiologist. They are the professionals in this space.
The same thing is true with a financial plan. Does it matter to you that you hit your goals? That you can accomplish the things in life that are important to you? Do you need help defining what is important to you?
We at Arkos Global Advisors love helping people craft their financial plan and work their plan. Reach out and let us know how we can help you hit the target!
At Archetype, we have a set of twelve principles designed to help families thrive across generations. Check out more blogs from our "Thriving Family Principles" series.
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Disclaimer: Our intent in providing this material is purely for informational purposes, as of the date hereof, and may be subject to change without notice. This article does not intend to constitute accounting, legal, tax, or other professional advice. Visitors and readers should not act upon the content or information found here without first seeking appropriate advice from a trusted accountant, financial planner, lawyer or other professional.
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