Lessons on Goal Setting from Cashmere App Founder Urenna Okonkwo

On November 6th,14 females from various career backgrounds came together to discss goal setting with Urenna Okonkwo, founder of Cashmere. Organised by Now You’re Talking, a community for millennial female leaders, Urenna shared her journey on being a tech founder and tips on goal setting. She is the mastermind of Cashmere, a savings platform for luxury eCommerce.

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What Cashmere allows millennials to do is to save up enough money for their luxury trips and luxury products. If you’re looking for a smart way to buy a Gucci bag in the future, you can begin saving for it without breaking the bank or going bankrupt. Her journey like many other founders started when she saw a gap in the marketplace for expensive luxury items and millennial money. She shared some incredible tips on being an entrepreneur and running her own business.

Here are the top lessons on goal setting from the event:

  1. Clear Planning – Always plan in detail and seek help when you can’t do it all alone. Look at your strengths and your weaknesses and understand what you can outsource. Be eager to learn and receive feedback
  2. Goal Setting – Always write things down
  3. Plan For The Week Ahead – Be very detailed in your planning even up to each hour of the day. At the end of the week, go through your list of achievements and understand whether you have achieved your goal of the week
  4. Be Mindful Of Your Time – We all know how social media can be a big distraction if we do not manage our time properly. Urenna suggests we set a time apart for social media use and also to track the time we spend on social media
  5. Calls And Email Are Better Than Meeting Up – Is the meeting absolutely necessary? Can you discuss the matter over the phone? How much of your time would this take? Urenna explained how she deals with time wasters or people who want to meet up for the purpose of meeting up to discuss “ideas”. She normally asks if they can send her a list of questions on the business idea / agenda of points to discuss in the meeting. If the questions or points can be answered via email, she sends her responses to save time and energy
  6. Schedule Time On Your Calendar – Urenna suggests that Calendly (free meeting scheduling app) has helped her to manage her schedules for meetings and calls
  7. Take Your Mental Health SeriouslyHappiness planner has been useful to create time and awareness of her mental well-being
  8. Have Your Accountability Partners – “You’re the average of 5 people around you” – Will Smith.  Your accountability partners are those who are equally as ambitious as you are and with whom you share goals. They will check on you to make sure you’re on track to achieve your goals
  9. Document Your Achievement – She finds that documenting her achievements makes her feel better and is also a form of self care to acknowledge your hard work
  10. Believe In What You Do Before Taking A Leap – Social media can be quite misleading in terms of what people choose to share and not share about their journey to success. She agrees that it can be difficult to take the leap, but it’s also very rewarding. In her own words “if it’s what you want and what you believe in, go for it!”
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Lily Okorokwo and Urenna Okonkwo

Now You’re Talking will be running events in 2019 across London. Not just for the wisdom being dropped across the table but also for the connections and new friends you meet. Want to learn how you can effectively set goals and achieve them? Keep an eye out for future events.

Think of your future self today and do what you would do as that person, attend the events she would attend, do the things she would do and meet the people she would meet.

 

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