Step 1: What Wins did you have in 2024?
Take a sheet of paper and on the front side, make a list of wins you had in 2024.
Examples include:
Work Milestones:
LPs: raised $mm in SPVs, raised/received commitments for $mm in Fund I, expanded relationships with key LPs
Deal Sourcing and Investment
Sourcing: sourced [x] deals, submitted [y] LOIs; mix of original ideas vs banker sourced deals
Capital Deployment: deployed $[x]mm into [y] deals which demonstrate firm’s investable themes
Firm Management: created stronger team, promoted people who demonstrated competency, added to the team, improved culture
Life/Family events: family additions/relations, house
Financial: created a clear picture of my firm’s economic model
Health: improved health; weekly exercise, trainer
Giving Back: enriched my community, helped people, taught, volunteered, donated
Emotional/Feelings: felt more confident than ever, settled in a new position, resolved conflicts that were holding me back
Your attention is your most valuable resource.
Wherever you direct your attention expands.
If you don’t ask, the answer’s always no.
Step 2: What Are You Playing for in 2025?
Turn the sheet of paper over, and make a list of what Behaviors / Results you’d like to see in 2025.
Imagine it is December 2025, and write down what you’ve achieved in the past tense in the following areas; e.g. “I have…”
Work Milestones:
LPs:
Deal Sourcing and Investment
Sourcing:
Capital Deployment:
Firm Management:
Life/Family events:
Financial:
Health:
Giving Back:
Emotional/Feelings:
Step 3: What’s a CRAZY ask for 2025?
Beneath your 2025 list, write down what would be a wild outcome. A stretch far beyond what you visioned in step 2.
Step 4: Let me in on it
Take a picture and email it to me. Happy to talk through it together for 30m to make it a reality in 2025.