Achieving Balance and Fulfillment: The Wheel of Life as Your Guide to Setting Meaningful Goals
Business, Entrepreneur Life, Entrepreneur Mindset, Goal Setting, Podcast, Purposeful Podcasting

Achieving Balance and Fulfillment: The Wheel of Life as Your Guide to Setting Meaningful Goals

How can The Wheel of Life Help You Set Goals?

Are you ready to assess your life satisfaction and set meaningful goals? Join Krystal Eicher and Wendy Guth as they delve into the powerful Wheel of Life tool that helps you prioritize and evaluate different areas of your life. But what happens when Krystal struggles with the perception of others and the need to prioritize their opinions? How does that affect your goal setting?

In this episode, we also talk about the importance of prioritizing your time, the power of saying no, and the significance of appreciating different areas of your life. We even share some tips on using visual aids like a board with a Wheel of Life to help you focus on your desired life and facilitate personal growth.

In this episode, you will be able to:

  • Uncover the importance of emphasizing existing business engagements over securing new ones during more occupied periods.
  • Gain the skill of preserving personal integrity and the potency inherent in declining unwelcomed engagements.
  • Understand the need to acknowledge and prioritize the input of the key people in your life.
  • Delve into the act of appreciating the diverse aspects of your existence for enhancing life satisfaction.
  • Realize the effectiveness of visual assistance, like the Wheel of Life, in triggering individual growth.

Honoring the “Square Squad.”
Everyone has a close-knit group of stakeholders in their personal and professional life. They are the ones who genuinely matter and with whom sharing your thoughts and experiences makes you feel heard rather than judged. Identifying these people can provide emotional strength and support. This was echoed in Wendy’s point about the value of the “square squad”. She emphasizes the need to prioritize the voices of her immediate world – her family, friends, and clients. In fact, she learned from her past experiences about the weightage that should be given to these voices over the opinions of those who are not part of her square squad. She suggests that incorporating this understanding into our lifestyles can lead to a more balanced and enriched life.

The Power of Sharing.
Sharing personal experiences and insights can not only provide a sense of relief, but also build a sense of community. It fosters mutual understanding, empathy, and trust among individuals. Sharing can inspire others who might be facing similar circumstances to come forward and open up. Krystal and Wendy conclude the episode by inviting listeners to share their own journeys with the Wheel of Life. They encourage listeners to share how it has impacted them and engage with others on social media. This builds a sense of responsibility and enthusiasm to prioritize self-care and personal growth among the audience.

Prioritizing Current Clients Over New Clients.
When you’re growing a business or a podcast, it may seem like the natural instinct to always be seeking out the new. Be it new clients, new listeners, or new opportunities. However, there is a lot of value to be had in focusing on those who are already onboard – your current clients or audience. These are the people who have shown trust in your value proposition and could potentially become your biggest advocates. They are familiar and comfortable with your brand and thus, nurturing these existing relationships becomes crucial. Your loyalty towards them can reflect in the form of their loyalty towards your brand. From our hosts’ perspective, Krystal Eicher and Wendy Guth have found that focusing on their existing audience during the summer has brought a new sense of joy and satisfaction to their work. They value the established connections they have made along their podcasting journey. As they see it, each time they “say no” to a new client, they are saying “yes” to dedicating more resources and attention to their existing clients. This aptly signifies the essence of balance in life depicted by the Wheel of Life.

The resources mentioned in this episode are:

  • Download the Wheel of Life worksheet 
  • Use colored pencils or markers to rate your satisfaction on a scale of 1 to 10 in each domain of your life.
  • Reflect on your current life satisfaction and identify areas where you want to make improvements.
  • Set specific goals and tasks for each domain that you want to work on.
  • Consider breaking down larger goals into smaller, manageable tasks.
  • Create a plan for implementing the changes you want to make and set deadlines for each task.
  • Regularly revisit your Wheel of Life to track your progress and make adjustments as needed.
  • Seek support from a coach or accountability partner to help you stay motivated and accountable.
  • Consider using the Wheel of Life as a tool for quarterly check-ins to reassess your priorities and goals.
  • Celebrate your successes and acknowledge the progress you’ve made in each domain of your life.

Timestamped summary of this episode:
00:00:00 – Introduction,
The hosts introduce the topic of taking stock of your life with the Wheel of Life and discuss the purpose and benefits of using this tool for self-reflection and goal setting.

00:03:42 – What is the Wheel of Life?,
The Wheel of Life is a diagnostic tool that visualizes different domains of life satisfaction, such as money, career, health, and relationships. It provides a snapshot of your current satisfaction in each area and allows for customization based on individual priorities.

00:09:33 – Prioritizing and Making Changes,
It’s important to recognize that not everything has to be a priority at the same time. The Wheel of Life can help identify areas that need attention and guide the implementation of small, manageable changes to improve satisfaction in those areas.

00:13:35 – The Importance for Business Owners,
The Wheel of Life is especially relevant for business owners as it provides a holistic view of life satisfaction, including career and work. Regularly assessing and adjusting priorities can help navigate seasonal changes and ensure a balanced approach to personal and professional goals.

00:16:30 – Prioritizing Current Clients over New Clients,
The hosts discuss their decision to prioritize their current clients over new clients during the summer. They explain that it is important to prioritize what brings them joy in their business, and that new clients still come along despite this focus.

00:17:31 – Struggling with Saying No,
The hosts talk about the difficulty of saying no, especially for people pleasers or ambitious individuals. They emphasize the importance of being confident in who you are and making choices that align with your priorities and values.

00:18:11 – Being Rock Solid in Who You Are,
The hosts discuss the importance of being confident in oneself and being the “mistress of your own destiny.” They acknowledge that it can be challenging to balance others’ perceptions with personal satisfaction, but it is crucial to prioritize what brings happiness and fulfillment.

00:19:41 – Identifying Stakeholders in Life,
The hosts explore the concept of stakeholders in life and how it relates to prioritization. They discuss the importance of focusing on immediate relationships and responsibilities, such as family, friends, and clients, when time and energy are limited.

00:21:19 – Reflecting on the Wheel of Life,
The hosts encourage listeners to reflect on their Wheel of Life and appreciate different areas of their life. They emphasize the value of visually representing one’s desired life and using it as a tool for personal growth and self-reflection.

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