My One Word for 2011: Residual

Fri, Jan 14, 2011

Influence, Perspective, Productivity

My One Word for 2011: Residual

There are many ways to kick-start your new year and make it the best it can be.

There are plenty more.

For me, I’m implementing and blending a lot of these strategies (and several others) to align my direction this year. I’ve created One Word that will serve as an umbrella, so to speak, to help as a guide. Then 3 words underneath it to help clarify some of my goals.

That one word is RESIDUAL.

And the three words underneath it are: Impact, Opportunities, and Income.

And my defining statement which includes them all is:
I want this to be the year that I do a better job at creating RESIDUAL impact, opportunities and income.

Impact
If you want to make a difference, it’s much better to do so in a way that can grow beyond your initial efforts. That requires being more strategic, thinking smarter and laying a foundation for sustainability that is setup to gain perpetual motion and ongoing success. I want that more for myself, for the initiatives I am involved with and for my clients.

Opportunities
If you want to create, build and grow… you must be proactive about it. The challenge that many of us face is being too reactive (responding to the world around us) instead of being intentional and creating it. I want 2011 to be a year that I focus more on creating opportunities and not just one-off’s but opportunities that feed back into impact ongoing.

Income
This is a no brainer. If you want to do big things you need to have a way to fund it right? And what better way to fund something than to have a reoccurring revenue stream that builds residually off of your efforts… a stream that isn’t limited by your time but can compound and grow based off of your expertise. This applies to me and those who I work with… looking for ways to generate ideas that feed the machine and do so ongoing long after the initial development is complete.

And if I do a good job, I’ll end up with more margin in my busy life. : )

What about you? Do you have a word or combination of words that is helping you shape your year?


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    About Daniel Decker:

    Daniel Decker is President of Higher Level Group, Inc., a strategic marketing and development firm that helps authors, professional speakers, and organizations who are doing good to expand their influence. LINKS: Follow @DanielDecker on Twitter | Visit the "About" Page | Subscribe to the Blog and get updates via RSS or Email.

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    • http://conniemcknight.com Connie McKnight

      My word is Focus. I write this word down every day on my daytimer and it's amazing how it helps. I love your word – residual.

      • Precious

        I am so in agreement with you on your response to one of my favorite words "residual". If you develop a plan of sucess and you work the plan then the sky is the limit. So, I am working a plan and I can see and feel where progress is being made and by staying the course I will attain my plan B residual income for 2011.. The above article just validated by belief to another level..

        • http://www.danieldecker.net Daniel Decker

          Glad to hear that!