Introduction to Reward Systems

[00:00:00] Today on Thrive in 5, we are diving into the power of using a reward system to celebrate progress. Achieving goals can take some time, and it's easy to lose momentum when progress feels slow. But by celebrating your small wins along the way, you'll keep your motivation high and remind yourself that every step forward matters.

[00:00:19] Let's break down how to set up a reward system that works. 

Defining Your Milestones

[00:00:58] Your first step is to define your milestones. You need to define the milestones that you are going to celebrate along the way. Instead of waiting until you hit that finish line, break down your goals into smaller, achievable steps.

[00:01:14] These milestones can be daily, weekly, or monthly, depending on what you're working on. For example, if you're writing a book, reward yourself after completing a chapter. Defining milestones helps you stay focused, and it gives you something to look forward to. Each milestone reached is a reminder that you're making real progress, keeping you motivated to continue.

Choosing Meaningful Rewards

[00:01:38] Step two is to choose meaningful rewards. I think this is the fun part. So, once you've set your milestone, choose your rewards that are meaningful to you. Rewards don't have to be elaborate, they just need to be something that you're genuinely looking forward to. It can be treating yourself to a favorite coffee, watching a favorite episode on Netflix, or taking a mini break to relax.

[00:02:02] The key is to pick rewards that feel like a genuine treat, so you'll associate completing the task with something positive. When you know there's a little reward waiting for you, it's easier to push through the challenges and keep going. 

Celebrating Progress, Not Perfection

[00:02:17] Step three: celebrate progress, not perfection. One of the most important steps of using a reward system is to celebrate progress and not perfection.

[00:02:29] It's easy to feel discouraged when things don't go perfectly, but rewarding progress keeps you focused on what you've achieved, not what's left to do. Every step forward is worth celebrating, even if the journey isn't perfect. This approach helps you build the growth mindset where you value learning and progress over flawless execution.

[00:02:51] By celebrating progress, you're reinforcing the habit of consistency and building resilience for the long run. 

The Benefits of a Reward System

[00:02:58] A reward system works because it keeps you engaged and motivated. Celebrating small wins boosts dopamine, the brain's feel-good chemical, reinforcing those positive feelings around working towards your goal.

[00:03:14] Rewards act as reminders that your effort is paying off, creating a cycle of motivation that keeps you moving forward. This system also gives you moments of rest and joy, which prevent burnout and help you find balance in your journey. When you associate effort with enjoyment, it's easier to stay committed for the long haul.

Action Steps to Implement Your Reward System

[00:03:35] So if you're ready to keep motivation high, your action step today is to start using your reward system. Define your milestones, choose rewards that excite you, and remember to celebrate every bit of progress along the way. Acknowledge your wins, big or small. They're all steps that bring you closer to your goals.