Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.
I set my next 10 years of financial goals on June 28th. That was exactly a month ago.
1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.
3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.
5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.
I'm very excited by Miguel Hernandez's interview here -- it covers how he took a huge risk to kickstart his animation business, and how's kept his quality extremely high through systematization. Miguel is running a pretty exciting deal at GiveGetWin, "Document & Systematize Your Whole Business/Workflow" --
"On Conquering the World (the whole world)" by Miguel Hernandez, as told to Sebastian Marshall
I think a little is the makeup of who I am and how I grew up. My parents are awesome and I love them a lot but unfortunately they separated many years ago -- one of the reasons is because they're so different, and I picked stuff from both of them. My mother is a creative person, a painter her whole life, and a very spiritual person. My dad is a brilliant electrical engineer with an amazing analytical mind. They're like oil and water, they don't mix together (and that's why they're not together any more). But I got stuff from both of them. I picked up a lot of the creativity from my mother, and a lot of the square-headedness from my father.
It's allowed me to put it together to build a business that mixes both -- the creativity, and the ability to sit down and be very organized. It's a good combination for this type of business. We have to be very creative to tell compelling stories, and when I'm running the business, I need to be very detail-oriented.