Jordan F. - PACE 111B Unit 1 Assignment

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University of Maryland Global Campus (UMGC) *

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111

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Marketing

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Feb 20, 2024

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docx

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4

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Unit 1 Assignment What Are Your Motivations? Name: _Jordan Furlow_____________________________ PACE111 Section: __6372_________________ This assignment is about understanding your motivations for coming to the university and what drives you to accomplish milestones in your life. Your goals and motivations are driven by your underlying values—the reasons you desire to achieve certain things. Values inform our thoughts, words, and actions, and they help us to grow, develop, and envision and create the future we want to experience.  Assignment Part 1: The first step in better understanding your values is by writing three to five goals for yourself in the table below. These could be personal or professional goals, and they could be short-term or long-term goals. You should aim to make them SMART goals. Your Goals Goal 1: Graduate college on time Goal 2: have a significant savings by the end of the year Goal 3: create a family Goal 4: own a house Goal 5: create a 6-figure income Assignment Part 2: Once you’ve established your goals, think about what is motivating you to achieve those specific goals. Is it to get to a certain level in your career? Is it to achieve something you’ve always wanted to for personal reasons? Is it to set a good example for your family or friends? The second piece of this assignment is to establish two or three motivations for each goal you’ve identified and write these in the table below. Copy your goals into the area below from part 1 of the assignment. Your Motivations Goal 1: Finish my undergraduate degree Motivations: Promotion at work; 1
Unit 1 Assignment What Are Your Motivations? in Marketing by December 2022 higher salary; accomplishment Goal 2: Copy Goal 2 from part 1 have a significant savings by the end of the year Motivations: financial safety, rainy day funds Goal 3: Copy Goal 3 from part 1 create a family Motivations: Generational wealth, raise my own child Goal 4: Copy Goal 4 from part 1 own a house Motivations: sense of stability, owning property Goal 5: Copy Goal 5 from part 1 create a 6 figure income Motivations: financial security, money for wife and kids Your motivation for doing anything generally stems from your values. Motivating forces could be values instilled in you from a young age, or values you hold because of what you’ve learned or been exposed to. Your core values are those that drive your behaviors, actions, and words. They are the reasons we dedicate our time and energy to most things in our lives. They are our guiding principles. Assignment Part 3: Now that you’ve established goals and acknowledged your motivations, consider what motivates you, and write the underlying reason for each goal. These are your values. There could be one or several values for each goal that you have, and the values might be the same or similar for different goals. In the table below, copy your goals from part 1 of the assignment and enter your values. There are no wrong answers for this exercise. The purpose is to establish your values and to recognize what drives you to accomplish milestones in your life.  Your Values Goal 1: Finish my undergraduate degree in Marketing by December 2022 Values: Integrity and work ethic; reaching my potential through education 2
Unit 1 Assignment What Are Your Motivations? Goal 2: Copy Goal 2 from part 1 have a significant savings by the end of the year Values: stability Goal 3: Copy Goal 3 from part 1 create a family Values: Family and love ; without family there would be no guidance Goal 4: Copy Goal 4 from part 1 own a house Values: ownership; i value the feeling im owning something Goal 5: Copy Goal 5 from part 1 create a 6 figure income Values: generational wealth and good income; i want to build wealth that travels through my family Assignment Part 4: Now that you’ve established goals, acknowledged your motivations, and reflected on your values, it’s time to consider how to go about achieving your goals. There are likely several steps you’d need to take in order to reach your ultimate goals, but writing down the first step that you can (and will) take can help you to form a plan of action. For each of your goals, list the next step you plan to take in order to achieve it.  Your Action Steps Goal 1: Finish my undergraduate degree in Marketing by December 2022 Next Step: Register for my first major class next semester. Goal 2: Copy Goal 2 from part 1 have a significant savings by the end of the year Next Step: Save , save, save Goal 3: Copy Goal 3 from part 1 create a family Next Step: find the women i want to spend the rest of my life with Goal 4: Copy Goal 4 from part 1 own a house Next Step: save for a down payment and fix my credit 3
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Unit 1 Assignment What Are Your Motivations? Goal 5: Copy Goal 5 from part 1 create a 6 figure income Next Step: graduate college and work on my entrepreneurship to start my own business Assignment Part 5: Write a sentence or two about what you learned about your goals, motivations, and values from completing this assignment. What I’ve learned I learned that i need to focus more on the goals that i know need to be prioritized so that i can have a a happy life with the people i love. i learned that all it takes is that leap towards the next step that could change your life. 4