Financial Freedom – So What! – Then What?
I set myself a goal, sometime ago after reading several “business success” books.
All the books I read seemed to have a theme running through them.
That theme, was heavily endorsed when I went to business seminars and networking events.
The Goal –
Financial Freedom! (or retirement) – a passive income that would generate wealth, even without me having to be present from 9-5.
I’ve never really launched myself into that goal.
I began to think that the Financial Freedom = Happiness, theory is a myth. We talk about it as if it would be the solution to all our problems, it’s not!
If I could get you all of Richard Branson’s money this afternoon, but in exchange would be that you would agree to spend the rest of your life with poor health and no friends or family around, would you make the exchange?
Not many would say YES to these terms.
I certainly wouldn’t trade financial freedom for great relationships and health and well-being.
If we put as much energy and thought into creating a better self-awareness in our life, as we do into wishing for “enough money to retire” we would be stunned by the results we would get in all our lives.
Money and wealth are an important part of living a life. But, there is more to life.
I remember when I was eighteen I thought that the first thing that should be on my achievement list was finding the girl of my dreams. I spent my teenage years chasing that goal.
Because of my single-minded focus I found a girl of my dreams – but once I had – I realised I had lost my purpose. Sure I had achieved my goal but what now.
So I travelled to Australia in my twenties, to travel and work in my dream job as a scuba diving instructor. I worked on the Great Barrier Reef for 6 months. A dream job in a dream location. Goal reached, tick the box.
But what happened – I became bored and tired of the job and the location. So it wasn’t love, a job, a location that completed me, perhaps I needed all three!
No I’m afraid not.
What I really needed was enough money – so I didn’t have to work, enough time so I could travel the world and, dare I say it, have several girls of my dreams along the way.
So I needed a business that made money whether I was there or not.
That’s not a clear goal, that is an outcome of building a successful profitable business with systems and clear strategy.
It’s not something you can stumble upon, it takes effort, skill, passion, determination, excellence and focus.
Financial freedom is an outcome — an EFFECT! Too many people fall in love with the EFFECT and not the CAUSE, and the key to having what you want in life is falling in love with the Causes!
What would you do with all the extra time you would have if you ever achieved the financial freedom you want?
Most people don’t have a clear answer to that question, but if you are one of the fortunate few that does know. Are you already doing some of that in your life now?
If not, why wait to do it perfectly “someday?” Why not start today and do it imperfectly and see what results you start getting?
I have written what my perfect day entails on a piece of A4 paper. The first time I did it I was amazed to see how close I was already to that perfect day.
I can now measure how close each day comes to my perfect day.
If I am close, I know I am on the right track.
My perfect day involves business (work) and doing deals, buying / selling, helping others and serving others (work), as well as spending time with loved ones and relaxing with music and good food.
It doesn’t involve spending vast amounts of money on cars, boats and private jets.
To start a business based on the wish to become financially free is a huge mistake and a prescription for disaster.
Some of the wealthiest people on the planet did not start by saying their goal was financial freedom or retirement – because if they had, they would have stopped long ago.
The wealthiest people on the planet are all still working — not just 40 hours per week, either.
Bill Gates, Warren Buffett, Richard Branson and Alan Sugar etc are all still regularly logging 60/70/80 hour weeks. Not one of them is concerned with financial freedom or retirement.
If retirement is simply doing what you want, when you want to do it. They have all retired — INTO their jobs and companies. They have all fallen in love with the CAUSE.
They are passionate not because of what they are doing, but because of how they are doing it. They are growing and contributing and focused on solutions, which mean they are excited and excitement comes not from what you do, but rather how you do it.
If the pursuit of financial freedom seems difficult or if the sole reason you are pursuing it is because of a wish to “do something else”, why not start doing some of that something else today? Choose something from your perfect day.
Last year a friend told me, “If I ever make £10 million, I’d call it quits.” I told her, “That`s why you will never make £10 million.”
People who are successful in life do not wake up one day and call it quits. The ones who want to call it quits are the ones who will never have anything to quit in the first place.
The hardest part of achieving abundance in any aspect of your life, including money or relationships or health or spirituality, is getting your mind right going into it and doing it for the right reasons. Finding the Cause.
Success does not come to those who look for the easiest way or who want to quit.
If, as the 20th century philosopher Erich Fromm says, your life is “structured by the principle of having,” you are not free because you seek freedom from something – the freedom from your current life, from the daily grind, from debt, from financial insecurity.
There is nothing wrong or right about seeking money, material wealth or social status; money is not the root of evil, but rather the most common way to lose oneself. Therefore you must make a conscious effort to find the non-financial meaning and purpose in your life.
Do not seek, such as, the freedom from debt for financial well-being. Seek the freedom to something meaningful that your debt is preventing you from being.
For example; I have always wanted to help at my children’s school but don’t have the time. I have to work to earn money to live and thus have no time. If I had enough money so I didn’t have to work everyday, I would have more time to spend it at the school helping out.
With this clarity you will then be enabled to make money, which is then a tool to reach these things. This is freedom to be the person you have always wanted to be, your true self.