The Accountability Experiment – May Recap

The Accountability Experiment Update: Month 1…

This experiment is going to pay off, big time. It is May 31st. I am one month into an experiment testing my productivity at achieving my annual goals when cash is on the line. During May, I wagered $200 that I would accomplish 90% or more of my monthly goals. If I fell below that threshold, I would forfeit between $40 and $200 of my wager to my Accountability Coach (see the full rules here). 

Here’s my performance throughout May: 

May GoalGoal Total% Completed
Triathlon Workouts26 Days of Workouts65.38%
Books Read3 Books or 900 pages133.33%
Writing Entries26 Entries80.77%
Blog Posts2 New Posts100%
TOTALS100%94.87%

94.87% BAM! Mission Accomplished!

Week 1 proved that this experiment was off to a good start. I completed 100% of my workout goals for the week, was on pace for my reading and writing, and had an outline for my first blog post for May already completed. 

I was NEVER that productive prior to this experiment. I’d be lucky to have completed 60% of my weekly goals. I always let “life excuses” get in the way. 

One example of the positive influence this wager has on me is one night after a long day of hanging with friends, after eating dinner with several tequila on the rocks, after watching a movie (The Sound of Metal….so good), and then after getting ready for bed, I realized I had not written one damn thing throughout all the indulgences of my day. So I popped into my journal and spent 10 minutes on a reflection. 

This actually happened several times throughout the month and although completing my daily writing entry at 11pm while coming down from a Casamigos buzz is not my intent, it certainly is a step in the right direction. 

The Discipline of Debt…

I recently heard of this concept about how companies may benefit from adding debt to their balance sheet as it may act as a driving force for growth and improving business practices.  

This debt concept is similar to my experiment. Apply pressure (a $200 wager) and allow that pressure to guide your decision making for the better (becoming diligent about monthly goals). 

However, just like when a business takes on debt, there needs to be balance. I’m not writing any checks my bum cant cash, but I am challenging myself. 

The goal is to find that balance between debt and progress, so the debt I am wagering creates disciplined behavior that helps achieve my goals. 

Onward to June!

KC’s June Goals…

  1. Complete 26 Triathlon Workouts
  2. Read 3 Books (or 900 pages)
  3. Write for 26 days
  4. Publish 2 Blog posts
  5. *NEW GOAL* Network with 5 new people I admire from my industry

I am on to something positive here. 

More to come.

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