7 Life Lessons Gained From Taking the GMAT
Earlier this week I took the GMAT. The GMAT is an exam similar to the SAT or GRE. It is designed for students about to enter business school, often for MBA studies, or in my case PhD studies. Preparing for the GMAT has been a primary focus in my life over the past month and the completion of it is an exciting accomplishment for me. In reflecting on the experience there are many life lessons that can be learned from how to be successful on the GMAT. Each of these life lessons can be applied as you look for success in any area of life.
1. Set A Goal – I am convinced that all successful endeavors start with a goal. Your goal should be clear, specific, and dated. For me, the goal was to score over 700 on the GMAT. This would put me in a high ranking and make me competitive for most PhD programs. Do you have a clear goal set for what you are pursuing?
2. Revise Your Goal as Needed – As the exam date approached, it became obvious that I could exceed my goal. On some practice exams I was scoring over 700. I revised my goal to 730. I knew that this would open up even more doors. In the end I scored a 750, putting my effort in the 98th percentile. Should you raise a previous goal because it is too easy for you?
3. Have a Plan – Based on my goal I established a clear plan. My plan involved one month where I would take three hours each day studying. I would focus on my areas of weakness while still giving some attention to my strengths. Early on I would do a few practice exams, but by the last week I would be doing practice exams every other day. Do you have a plan in place to achieve your goals?
4. Have a Support Team – My achievement would not have been possible without a sport team. This started with the support my wife gave me. She was an encouragement at all times, often believing in me more than I believed in myself. Beyond that, I enlisted a group of friends who encouraged me and spent time praying for me on the exam day. Who is your support team? How can you encourage them to help you achieve your goals?
5. Have a Fixed Deadline – After I booked my exam date I knew there was no going back. I had “burned the ships.” I had talked about taking the test for a while, but until I booked a date and established the deadline I never got serious. As soon as the date was fixed I got to work. There was no more wasting time. It would cost $250 to change the date and I wasn’t willing to do that. My deadline was fixed and so I got to work. Do you have a fixed deadline for achieving your goals? If not, set one now, and provide an external source of accountability so you can’t change your deadline.
6. Use all the Resources at Your Disposal – In my preparation I used many study resources. I purchased a study guide that had a CD-Rom to accompany it. I download free software and practice exams, and I went to free discussion forums online. I took every practice exam that I could get my hands on. Do you use all of the resources around you to reach your goals?
7. Don’t Neglect Other Areas of Your Life – Sometimes singular pursuit of a goal can result in dropping the ball in other areas of your life. In preparing for the GMAT it was important that I didn’t neglect things like my health and fitness. I worked out consistently, making sure that I would be physically prepared for the four hour exam. Many times different areas of your life are more connected than you think. I also continually pursued my other life goals, making some major achievements during this same time. My weekly goal setting program helps to keep a handle on all of these areas of your life. Are there areas of your life that you are neglecting?
Written by:
The Success Professor – Danny Gamache
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