I worry a lot about money. I fear that I don’t have enough or worse, won’t ever get as much as I want. They say the funny thing about money is you can never have enough. They also say beyond $75k your day to day happiness does not improve with more money. See this article from the Huffington Post.
I don’t know if this is true or not but I’d love to find out personally.
Is it even possible to spend say, $200 million dollars in a lifetime? If I had that much money first off all chances are I would die from some sort of blunt force trauma to the head compliments of OCD, but if I were to somehow survive, how much of an asshole would I have to be to spend all that dough. My life would be a concocted mix of Leonardo Dicaprio from the The Aviator and The Wolf of Wall Street.
I don’t want to be an asshole and I don’t necessarily want to be rich. My ambition is to be, “I don’t fly coach rich.” I will leave I don’t fly commercial rich for the Gronk and Khloe Kardashians. It just took me 10 trys to spell Kardashians before looking it up. You would think by now Kardhasian would show up in Microsoft Word spell check.
I can picture the National Spelling Bee in 20 years.
Judge: “Your word is Kardhasian”
Contestant: “Can I get a definition”
Judge: “A person with no actual skill or talent that pervades American culture glamorizing a life devoid of meaning, substance or relevance.”
Contestant: Could you use it in a sentence?
Judge: It is so Kardashian of you that your estranged husband was found unconscious with a huge boner at a Nevada brothel because he od on herbal Viagra.
This focus or obsession on money is not going to help me get more money. All it is going to do is keep me from doing the work that might actually make me happy which more than likely will lead to my making money.
With so much focus on the short term desire for financial reward I fear I might end up short changing myself. Here is what I’m saying; I might be tempted to do something for less because it pays now vs. focusing on the long run which is to create a business of value. In the short term this might mean very little financial reward or even doing the work for free, but long term both the financial and personal rewards are much greater than going back to work for the man.
“Short term pain has more impact on most people than long term benefits do, which is why it’s so important for you to amplify the long term benefits of not quitting.”
I’ve wanted to quit my business and go back to work countless times over the past 7 years and most of them for really good, sound reasons. Somehow without knowing it I was able to do what Godin talks about above. “I was able to amplify the long term benefits of not quitting.”
I could picture the life for me and family once I got through the Dip and out the other side. I can see the proverbial light at the end of the tunnel.
Looking beyond the dip I saw a pot of gold that made fighting through the hard times worth it and when I say pot of gold I’m not referring to money. What I’m referring to is getting to wake up every morning and decide what I want to do today not what someone else wants me to do.
But right now it’s hard. Do I get to wake up each day and work on what I want to? Yes and no. Yes, I do get to do what I choose, but by no means is it what I want to do, but I know it is what I have to do so I can do what I want to do in the future. There is tong twister for you
Godin also says, “Never quit something with great long term potential just because you can’t deal with the stress of the moment”
Today I had one of those moments where I just wanted to quit and go back to work in order to relieve some of my financial worries. I found myself getting lost on various job boards thinking how nice it would be if I started receiving a steady pay check. My family and I could afford to move out of our little condo and into a house; we would have money to take nice vacations.
In this scenario I do see the short term relief but I also can see very clearly the long-term pain. Essentially I’d be quitting a marathon at mile 23. Sure it would feel great to just stop running, lie down, take a nap, have someone massage your sore and tired muscles, but later that night you almost certainly would be filled with so much regret, disappointment and anger. All that training, the long runs, the countless hours of preparation, the blood soaked socks from blisters and you quit with a measly 5k left.
No thanks. I think I can keep my ass moving another 3 miles.