Blog :: 01-2021

This is The Month Your New Year's Resolutions Fail (And How to Save Them)

Did your New Year’s resolution go out the window already? You’re not alone. By about the beginning of February, approximately 80% of people fail at their New Year’s resolutions.

Amazingly, while most people begin the year with a resolution, the majority expect to fail before they even start. That’s not a very positive way to start the year, but we’ve got a better plan.

Whether you are determined to learn something new, improve your health, or increase your business success, the key is NOT to set a resolution but to set a SMART goal.

 

According to research shared by Forbes, there are two reasons we typically fail at our resolutions:

  1. We weren’t very committed anyway (see: expect to fail)

  2. “Because we felt some pressure to create this goal, we likely haven’t fully thought through all the people that will benefit from our achievement.”

At Bahamas Realty, our team is changing how we look at goal setting, and instead of setting unrealistic, and empty-ended resolutions, we’re setting SMART goals.

To make sure your goals are attainable, they should be based on a reachable target, and motivation based.
 

What Does SMART Mean?

SMART is a formula that you use to guide your goal setting. SMART is an acronym that stands for the following terms:

Specific (simple, sensible, significant).

Measurable (meaningful, motivating).

Achievable (agreed, attainable).

Relevant (reasonable, realistic and resourced, results-based).

Time bound (time-based, time-limited, time/cost limited, timely, time-sensitive).


Why does it work?

Using SMART goals “sets boundaries and defines the steps you’ll need to take, resources necessary to get there and milestones that indicate progress along the way.” (Indeed.com) With SMART goals, you aren’t just setting a vague, unattainable goal, you’re creating the roadmap to get there.

 

Example 1:

Resolution: Lose weight!

If you, like many people, set a resolution to get healthier this year, BIN IT. Instead, be specific: Plan to join an outdoor exercise class and give yourself a deadline - that is an attainable plan, with a sense of direction that you can accomplish.

 

Example 2:

Resolution: Save money!

Think about your WHY. Perhaps you want to save money so that you can buy a new home. Using the SMART formula, you can make it achievable:
"I will save a specific amount of money each week to buy a home with a downpayment of 10% by 2022."
(Tip: Don't forget R - be Realistic about your circumstance, and adjust if necessary).

SMART goals can be applied to all aspects of your life, from your business to your personal life.

 

To better understand each step, check out this excellent breakdown (with examples!) from Indeed

And then say good riddance to guilt-ridden New Year’s resolutions.

 

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Caves Corporate Center Now Fully Leased by NAI Bahamas Realty Commercial

 

NAI Bahamas Realty Commercial, a leading full-service independent commercial real estate firm, announced today that the Cave’s Corporate Center West is now 100% leased. The NAI Bahamas Realty Commercial exclusive listing is a newly constructed Class A office building located on West Bay Street and Blake Road. 

Caves Corporate Center - Newly built corporate office building in Nassau with afternoon sun

 

The Caves Corporate Center West has been highly sought after since its ground breaking in 2019,” said NAI Bahamas Realty Commercial’s CEO, Donald Martinborough. “We are thrilled to see the project near completion and to have represented the developers, Mosko United Construction Company, in the successful negotiation of the lease of the final remaining spaces.” 
 

The Caves Corporate Center West is comprised of 25,000 square feet of Class A, Build-to-Suit office space. The three-story Class Abuilding is designed to offer spectacular ocean views and is ideally situated within minutes to the international airport and the Bahamar Resort. 
 

NAI Bahamas Realty Commercial previously announced the lease of 18,000 sq. ft. of the building to anchor tenant, Ernst & Young. The remaining 7,000 sq ft. will be occupied by Trident Trust Group, also represented by NAI Bahamas Realty Commercial, and Banco Santander Intl. 
 

NAI Bahamas Realty Commercial specializes in the sale, lease, and management of Build-to-Suit properties. These buildings represent the newest and highest quality buildings in the Bahamas commercial market. They are well located, feature top of the line construction, and possess high-quality building infrastructure. As a result of this, they attract the highest quality tenants. 
 

“We’re seeing a greater demand in this type of commercial development as it becomes the industry standard in international markets,” said Martinborough. “Looking ahead, we anticipate the demand for professionally managed properties with Build-to-Suit options increasing, as tenants are attracted to spaces designed and tailored specifically to their needs.”

 

About NAI Bahamas Realty Commercial.

 

NAI Bahamas Realty Commercial, an exclusive member of NAI Global, is a corporate real estate services company dedicated to offering the finest commercial real estate and property management services in The Bahamas. It is the commercial division of Bahamas Realty Limited, a full-service real estate company established in 1949 offering a full range of services for both residential and commercial properties.

To learn more about our Commercial Real Estate Services Click Here