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The science (and truth) about sharing your goals


Issue # 92 | May 28th, 2024

Presented by ThriveCart

Hi, it's Pat!

Are you more likely to succeed if you share your goals with others, or keep them to yourself?

I’ve always wondered what the right answer is. On one hand, public accountability seems important. On the other, does sharing our goals trick our minds into believing we’re making progress when we’re really not?

Well, it turns out both are true. I’ve recently discovered that there’s a very specific way to share your goals that can mean the difference between getting fired up and making progress, or setting yourself up for failure from the start.

Let’s see what the science says, and let’s get unstuck.

Count down to 2024-05-30T19:00:00.000Z

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Quote of the Week

“One of the secrets of life is to make stepping stones out of stumbling blocks.”

—Jack Penn

Story of the Week

Most people believe that simply announcing your goals publicly — like on social media — will help keep you accountable. However, research suggests that this approach can actually backfire.

In a 2009 study conducted by Peter Gollwitzer, a professor of psychology at New York University, researchers found that when individuals shared their goals with others, they reported feeling closer to achieving those goals, even though they hadn't made any actual progress.

The act of sharing the goal itself gave them a premature sense of accomplishment, which reduced their motivation to put in the work required to achieve the goal.

Gollwitzer and his colleagues concluded that when someone notices your goal, the social acknowledgment serves as a reward that may cause you to reduce your efforts.

In other words, the satisfaction you get from having others see you as “the type of person who would achieve that goal” can trick your brain into thinking you've already done the work, reducing the pressure to actually complete it.

There’s even a famous TED Talk that went viral in 2010 by Derek Sivers, who brought this idea to the mainstream, saying that in order to succeed you should “keep your goals to yourself”.

I was always conflicted about that because sometimes when I did share my goals, I felt more driven to succeed than before. So what’s actually happening?

New research from Ohio State University in 2019 suggests that there may be a right way to share your goals after all.

In a series of experiments, researchers found that people tend to be more committed to their goals after they share them with someone they perceive as having “higher status,” or whose opinions they respect.

In one study, college students who shared their target goals with a so-called doctoral-level student were more likely to reach their goals, while those who shared with someone they believed to be a community college student did not perform better.

Similarly, students who shared their ambitious grade goals with someone of higher status tended to be more committed to their grades by the end of the semester.

The key, according to lead author Howard Klein, is that sharing your goal with a higher-up does more than keep you accountable; it also makes you more motivated because you care what that person thinks of you.

So, while sharing your goals on social media may not be the most effective strategy, selectively sharing them with individuals whose opinions you value and respect could provide the right kind of motivation and accountability.

In our entrepreneurial community in SPI Pro, we encourage our members to share their intentions all the time because my team, our Experts in Residence (EIRs), and other members are there to hold everyone accountable in this way by design.

Beyond that, it offers the opportunity for people to work together more closely and form mastermind groups and accountability partners.

As a result, people get massive value from each other in this way.

So here’s your call to action: whether it’s in SPI Pro, or in your own communities and groups, please share the goals you’re working on, but make sure someone whose opinion you respect knows what you're up to as well. It’s why mentorship works and why relying solely on social media does not.

You got this.

Sponsored by ThriveCart

You might have heard of ThriveCart, the all-in-one shopping cart and course builder platform.

It offers a full-stack page builder and shopping cart solution, and even comes bundled with its own course builder, ThriveCart Learn. It has a ton of advanced features like affiliate management, subscriptions, bump sales, dunning and more built in. It’s entirely possible to build your business from scratch using ThriveCart, and the refreshing part is it only charges one low-cost lifetime license.

SPI News and Notes

We work hard at SPI to remain unstuck and consistently provide you with the best ways to support your business. Here are three notable items this week:

Turn your YouTube following into customers! Join Expert in Residence and professional filmmaker Caleb Wojcik on Thursday, May 30th at 1:00 PM PT / 4:00 PM ET for an exclusive SPI Pro workshop. Caleb will share his insider tips on using YouTube to grow your business, showing you how to engage your audience and convert them into paying customers — all without upsetting the YouTube algorithm. Learn more here!

Feeling overwhelmed by cluttered thoughts, endless pings, and a full inbox? Don’t let important information and ideas slip through the cracks! Join Jenny Blake on June 5th at 9:30 AM PT / 12:30 PM ET for an exclusive All-Access Pass workshop crafted to streamline your operations. Discover how to optimize your workflow, achieve more while working less, and free your mind for your most impactful work. Learn more and sign up here!

Discover the secrets to creating and joining a podcast network! In this podcast episode, Pat Flynn chats with Hala Taha, who runs one of the top podcast networks and leverages her knowledge and platform to generate millions of dollars. Tune in to discover how to attract superfans, understand what sponsors want, and avoid bad deals. Don't forget to hit "Follow" on your favorite podcast platform to subscribe and get the latest episodes!

Dad Joke of the Week

I took up origami for a while…

…but I gave it up because it was too much paperwork.

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Cheers,

Pat Flynn

Founder, SPI

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