Tuesday, 8 January 2008

Turning S.M.I.L.E.S. into Dreams

Extracted from Bill Quain's latest book "Overcoming Time Poverty":

The acronym S.M.I.L.E.S. is used to describe the stages of dreams and achievement that people seek. Here is a brief summary of those stages:

S - Survival Dreams
People want to have as much as it takes to get through the month. They can't dream about a boat if they can't pay the rent.

M - Material Dreams
People want things. That is fine, as long as they can afford them.

I - Income Dreams
Some people have dreams of making a certain amount of money. That is great, as long as they learn how to sustain that income without trading away their time.

L - Lifestyle Dreams
I sometimes ask people, "What would you do first if you have time and money?" The most popular answer is "Travel". Lifestyle is money and the time to spend it.

E - Expressive Dreams
How would you express yourself if time and money were not a problem? Would you learn to play music? Would you start a charity?

S - Spiritual Dreams
To me, the best way to serve God is to serve your fellow man. Wouldn't it be wonderful to have the time to help others? Wouldn't it be even more wonderful if you could serve people by being a great example?

People move through the dream stages in order. They start out with the lower stages - survival, material and income - and then move on to the higher levels - lifestyle, expressive and spiritual. It is a natural progression. Learn to ask people where they are now and show them how to move on.

Where are you in the dream stages? Are you looking for enough money and time to just make it through the month? Or are you at the point where you want to finish off your financial journey by showing others how to finish theirs?

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