"If our 2018 could be summed up with one photo, this would be it"
We're coming up to our 6 year anniversary in 2019. You learn a lot about somebody just being in a romantic relationship for that amount of time let alone spending every other moment of the day as business partners.
Megan and I are both dreamers, we love travelling and like most people instant gratification. Megan is self admittedly a very good spender and I am a real tight ass. Ultimately, we both value spending time together, having fun adventures making new memories and making one another happy.
In the time we've been together we have traveled to Fiji, Bali, cruised to New Caledonia, road tripped to Lisbon from Madrid and drove along the Costa Del Sol to Barcelona, got drunk in hotel rooms along the way drinking Moet & local port and finished up picnicking under the Eiffel Tower.
On another trip to Europe we roamed the streets of Prague visiting Christmas Markets and navigated the underground in Vienna with our daughter who was four at the time all whilst Megan was 34 weeks pregnant with our youngest. I proposed to Megan on an ice rink in the middle of Mozart Square in Salzburg and we spent New Years Eve eating at a swanky restaurant in Seoul, South Korea.
"2015 White Christmas in Europe"
Where there are no goals, there are only distractions.
Despite all of these fantastic trips and wonderful memories we found ourselves at the beginning of 2018 in a very dissatisfied life situation.
We were renting a large house spending a fortune on rent, skimping on the cooling on 44 degree summer days for fear of racking up our electricity bill all whilst being constantly reminded of our poor financial choices with our $60k MY13 LTZ Colorado Ute sitting in the driveway.
We had more than $20k owing on the car and 2018 was the final year of its novated lease which meant the final balloon payment of $17k was due in October.
"New Caledonia 2018"
The urge to dream up an escape from reality was bigger than ever.
This time it was getting married, that would solve our problems! The biggest problem we thought we had at the time was working out whether to spend $20k on a shabby wedding for a small amount of guests or spend that money on eloping overseas?
Despite all the dreaming and attempts at planning, the whole idea of getting married never added up.
It was time to adult for once, we couldn't spend $20k on a wedding when we owed that amount on a car and in reality we were dreaming to think we would have the wedding we really wanted on a budget like that.
On New Years Day 2018 we laid on the carpet in our stinking hot living room on the floor and decided that in 2018 we would pour every last cent towards paying off all of our bad debt.
It wasn't a fun goal, nor was it sexy or exciting. We felt by the end of the year, when that car was paid off we wouldn't be any closer to being in our own home.
It was quite depressing to think about actually, one whole year to get us out of this mess and the last 5 years wasted. If only a time machine could spit us out right at the very end of the year where our car would be paid off so we could start again.
What a shame that would have been, we wouldn't have grown into the people we are today or achieved everything else we managed to squeeze into the year.
So, despite all of the apprehension we devised a payment plan that would have the entire amount owing paid by the deadline. Suffice to say the monthly payments made me want to hurl but we had to just bite down hard and focus on just this one goal for the entire year.
The right Domino will allow everything else to fall into place.
Each time that monthly payment came out it did amazing things to our confidence and our mindset. Finally, it felt like we were getting somewhere and we had a better outlook on other opportunities that presented themselves.
We adopted this 'YES strategy', where within reason we would say yes to any opportunity we felt would benefit us in the long run.
In the 9 months between making the decision to pay off bad debt and paying it off we committed to 12 months business mentoring, I drove 12,600km and flew several times across 13 separate interstate trips for professional development, to help out at certification weekends passing on knowledge to the new generation of MP Transformation Specialists, Bodybuilding Competitions and Megan set her sights on the MP Trainer Role Model Challenge.
Opportunities don't come for free, the expenses started to pile up. This was when we really started to question the plan we committed to at the start of the year. With every yes, the pressure started building.
Re-directing cash away from our debt blasting plan or saying no to opportunities that would arise would have been the comfortable thing to do.
Megan and I had each others back. We knew we could handle the pressure and we knew we had to take every opportunity that was presented to us. So, we forged on!
"After climbing a great hill, one only finds there are many more hills to climb."
After grinding through winter, September finally came. We were two payments away from being debt free. It was time to put this bad debt to bed once and for all. In a single fell swoop, with what felt like my breath held and eyes closed I typed in the total owing and sent it away.
*Breathes* relief. but only for a moment...
Right before my first bodybuilding competition and one of the busiest times of the year for our business, we get the news our rental home was going on the market.
Scheduled for the next three months were about 6 interstate trips, the average time houses spend on the market in Dubbo is 84 days which meant between our travels we would certainly need to find a home before Christmas if we wanted to be settled for the holidays.
Renting again wasn't an option, we didn't want to move to another house that wasn't ours but we weren't sure we could buy.
We actually tried buying our own home 5 years ago among the chaos of starting our own business. Having taken on so much debt back then we were turned down at the time.
This time we were debt free so our fingers were crossed, we decided to walk into the same Mortgage Broker to apply for a loan and to our surprise we got the loan! Our Mortgage broker actually commented on how great it was to see a couple come back with a financial position that was totally turned round.
Buying our own family home wasn't even on our radar, it was certainly a welcome reward but I can tell you it didn't happen by accident nor did it have anything to do with luck.
"Megan and Pete at the MP Role Model Challenge Reveal"
Success Isn't Ever All It Seems...
This year we had an absolute blinder. We domino-ed our bad debt, lost almost 30kg of body fat between us and bought our first family home.
It can be easily forgiven for you to think we were lucky this year but I can say with total certainty that it had nothing to do with luck. In fact, the odds were stacked up against us the whole time and the level of risk kept increasing throughout the year.
I could talk about the value of having mentor/s for support and accountability, or how setting a goal and breaking it down into small steps was the secret to our success. I could preach to you about consistency, getting out of your comfort zone and finding your 'why' for massive success but all of those things are only pieces of the puzzle.
We wouldn't have achieved anything this year unless we were willing to go all in, put everything on the line and risk massive failure in return for massive success.
"Megan winning Female Trainer Transformation of the Year 2018"
Most New Year Resolutions start out big and shiny, the idea of achieving it is very motivating but at some point a critical tipping point is reached where motivation is low, the goal seems so far away and the risk starts mounting up.
It's at this point most people abandon ship for fear of failing, losing something worth a lot to them or worse.
If 2018 taught us anything it was to;
- Be bold and pick the right goal, the one that you might not necessarily want to knock over but the one you know you should.
- Be brave and willing to take on risk, success isn't comfortable.
- And, to have people in your corner who give you the confidence, support and accountability to back yourself the whole way.
Self-Doubt is a dream killer!
Want to Transform Yourself & Your Business In the New Year?