Get All Access for $5/mo

Create a Binding Agreement With Yourself, Just for Today, and Defeat Complacency Ready to give it your all? Put it to paper and keep yourself to it.

By Matt Mayberry Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Imagine how much you would be able to get done if you had an agreement with yourself that you had to produce to the best of your ability and give maximum effort -- just for today. If you didn't accomplish the core basis of what was in the agreement, that particular day counts as a big loss. No one likes to lose.

You see, so many people put off living their absolute best life and putting forth their best effort because there is always the thought of, "I always have tomorrow." That mental attitude is a recipe for mediocrity.

Related: The 10 Biggest Motivation Killers and How to Fix Them (Infographic)

Think about this for a second. Why is it that a professional athlete will get the big multi-million dollar contract and then lack urgency, focus and production compared to when he didn't have the big payday? On the other side of the spectrum, why is it that a Wall Street broker approaches each and every day like it's their last?

The reasoning is simple. When an athlete receives a big payday, more times than not, that money is guaranteed. That creates a sense of security. A Wall Street broker is only as good as their last trade. There is no guaranteed 10-year stay with a particular company. You have to produce every single day and maybe, just maybe, you might have a future with the same company. However, that's only if you produce day in and day out.

A wonderful book I just finished reading is the One Day Contract by the University of Louisville's well decorated basketball coach Rick Pitino. In the book, he describes a one-day contract he created for himself and his team before the start of their championship season last year. I thought the idea was terrific.

The whole purpose of the one-day contract is to add value to your life every minute of every day. Even though I don't call it the one-day contract, I have been incorporating something similar into my own life for the past five years with the same concept in mind.

The benefit has been substantial. The binding agreement I have with myself is geared towards helping me to think about maximizing my potential and life just for today. When you truly begin to focus all of your energy, effort and focus into making this very day a masterpiece, the results will completely blow you away.

Related: The Work Habits That Will Make You Successful

I see it all the time. I walk into a corporation and see employees slacking off, chatting with their colleagues, and surfing the Internet without a care in the world. There is no urgency. They have their salaries. They have health insurance. There is a sense of security for them that creates an atmosphere of complacency.

Don't get me wrong, this doesn't just happen in corporations. This happens in the government, school boards, professional sport teams and every job market you can think of. A very small percentage of people are approaching each new day with a mindset of "all or nothing."

The binding agreement with yourself not only creates a fierce sense of urgency to spend your valuable time working on high-valued tasks, but takes motivation levels to a completely different level. Here is an example of a binding agreement with myself:

(Today's date)

I, Matt Mayberry, abide by the terms of this contract. I vouch to give my very best towards everything I put my hands on. I will uplift and encourage everyone I encounter. My time will be spent wisely while directing all of my focus and energy on my most important tasks. Everything that is placed on my "things to do" for today will be done passionately and quickly. I will learn something new and grow somehow, someway. Just for today, I will be great.

Have some fun with yours. Mix things up and explore different methods. There is no right or wrong way of doing this. The only thing that matters is that you create something powerful for yourself that will prompt you to live like today is your last day here on earth.

Create a sense of urgency to get moving on creating the life of your dreams!

Related: How to Create a Personalized Motivational Manual to Boost Productivity

Matt Mayberry

Speaker and Maximum Performance Strategist. CEO of Matt Mayberry Enterprises

A former NFL linebacker for the Chicago Bears, Matt Mayberry is currently a keynote speaker, peak-performance strategist and writer. As the CEO of Matt Mayberry Enterprises, a training and consulting company, he specializes in maximizing the performance of individuals and organizations all over the world. He published his first book, Winning Plays, in 2016. You can contact him and learn more at mattmayberryonline.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Growing a Business

5 Reasons Why Time-Tracking Can Put Your Business in a Chokehold

More and more businesses are adopting time-tracking software to manage their operations, but is it all it's cracked out to be?

Business News

Looking for a Remote Job? Here Are the Most In-Demand Skills to Have on Your Resume, According to Employers.

Employers are looking for interpersonal skills like teamwork as well as specific coding skills.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.