Why all business owners need a Bucket List

Building a business takes hard work and passion. It requires long hours at the office, regular battles to balance the books, and focus to produce small incremental improvements.  In fact, a recent report from Bank West confirmed that small business owners work longer than other sector in the business community on average of 51 hours per week. This helps explains why many business owners struggle to achieve a work / life balance.

So what is a Bucket List? A bucket list is a list of the things that you want to do before you “kick the bucket”.

The reasons why your Bucket List is so valuable

A bucket list is valuable because it forces you to get balance back in your life. Not only can you get great satisfaction from achieving your goals, but will also provide a meaningful focus outside of your work. 

Staying in touch with your purpose

Having a list helps keep you in touch with what you want out of life. When the daily routine of life sets in, it can be easy to let the days pass without having much thought about your goals and desires are. Reviewing and adding to you list will keep you focused and energised.

Achieving your goals

Having a bucket list helps you to achieve your goals. Having your specific goals written down, and planning out how you attain them makes them much more achievable.

Live life with no regrets (YOLO)

Completing the awesome adventures on you bucket list fills you life with memorable events. So when your time comes you turn to “kick the bucket,” you’ll be more likely to have no regrets. You may not complete every item, but even achieving a small short-term goals will give you a sense of satisfaction.

The Outcome’s Bucket List:

Our Business Coach, Rob Jagger, has already started knocking off items on his bucket list… here are a few examples:

#1 – Joining the Circus

“Joining the circus was an impulsive decision on my bucket list, but I was ready to take it when the opportunity arose.

I have always loved the circus and I have fond memories of my family taking me to the Moscow Circus when it was in town. I loved the animals, the clowns and most of all the high wire acts. I have taken my own family to circuses like Cirque du Soleil. Things had changed a little as there were no longer any animal acts, but there were still the amazing high wire acts.

4 years ago, my daughter Eliza asked whether she could attend a trapeze training clinic. On enquiring I found out that adults could also attend this clinic. Here was my chance to enter the world of the circus and fly on a trapeze! The rush from swinging on the trapeze was fantastic, and this helped me to let go and trust myself & the clinic instructors. It was a buzz trying something new and pushing myself to my limits.”

#2 – Climb a Mountain

“Climbing a mountain was a planned activity on my bucket list, which required research, preparation and training. 

A few years ago I was in rut. Each year seemed to be passing quickly and I felt like I was tredding water. I needed to get out of my comfort zone and do something incredible. My neighbour John is very keen hiker and had been looking for others to join him on some advanced treks. Together we decided to climb Mt Kilimanjaro, which was highest peak in Africa at 5,895 metres (19,336 feet). It is also one of the highest points in the world that can be reached without mountaineering equipment – ropes and crampons.

Our summit trek took 7 days with 5 days of climbing and 2 days of descending. The key difficulties that we faced were the extreme height and the cold. On the climb to the summit, the temperature can fall to minus 20 Celsius. At this height the air is so thin that your body can struggle to adapt, leading to altitude sickness.

When I made it to the top of the mountain, I felt transformed. What seemed impossible in my life might just be doable now. The mountaintop is a place for vision, inspiration, and a new beginning.”

The 3 Steps to making a great Bucket List

Step 1 – Create items for your list

This is the creative process and where the brainstorming occurs. Start by thinking of the activities that you want to do, the places you want to visit, and people you want to meet. Write them down the items on paper to make a permanent record. And aim to include some easily achievable items for some easy wins, too.

And remember that there are no right or wrong entries here.

Step 2 – Review and prioritize the items

When you review your entries, think about how achievable these entries are. While you can put “go to Moon” on your bucket list, you’ll get more out of the process if you choose items more specific and achievable so you can visualize them happening.

Make it a living document by reviewing and updating regularly.

Step 3 – Start actioning these items and reward yourself

Decide what steps can take to move you closer to your goals. For example if you want to go to India but can’t afford it now, are there some more steps that can move you closer to your goal. Start saving now, and in meantime, consider going to an Indian festival, cooking your own authentic Indian meal at home, or try some traditional Indian dancing.

Consider using your bucket list items as rewards for achieving significant personal or business goals. As you complete your important goals, you can reward yourself from your bucket list. And finally remember to build in accountability by sharing your list with others such as your family.

So start your bucket list today with an open mind. Thing big & think small, and your Bucket List will develop naturally.

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