Here’s why you need to be able to answer that question succinctly (especially if you hope to BYOBoss):
My friend (we’ll call him Dave) hates his job. He’s hated his last three jobs, actually. I’ve been trying to convince him to start his own business… do something he’s more passionate about (he has plenty of great skills) but he’s victim to a paralyzing mindset that kept me trapped for years.
Like Dave, I kept thinking another job was the answer. If I had better hours, a better boss, a better commute, work that was interesting, good coworkers, bigger paycheck, blah blah, I would be happy.
I focused on the shortsighted problems and not the bigger issue: which that another job wasn’t the answer.
Recently Dave was offered a job that was substantially similar to the work he was already doing, but slightly more interesting, and he’d see a bump in pay: an extra $1,509 a month. (He would also have to move to Nevada).
Dave was so giddy and excited. Every single one of our friends was giving him a pat on the back and telling him to take the job — he’d be a “fool” not to.
“What do you want the extra $1,509 for?” I asked.
Dave couldn’t answer. He literally stuttered.
I tried to help him out. I asked him if he wanted to buy a new car, or a bigger house. I asked him if he wanted to buy clothes, and blah blah.
“I don’t have a list of thing I want to buy!” he said defensively.
“I just want to understand why you’re focused on this money.” I explained. “It’s the whole reason you’re excited about this job.”
After talking in circles for 10 minutes, it became clear to everyone (including Dave) that he wanted the job just because it paid more. Dave wanted more money, but he had no idea why he wanted more money, or a plan for that money, he just wanted more money because we’re all supposed to just want more more more.
Then came the harder truth: More money wasn’t going to bring Dave the happiness and satisfaction he wanted. He was going to hate his next job just as much as his current job… but he would have a pile of extra cash to sit on, I suppose.
Dave called yesterday to tell me he didn’t take the job.
I’m happy for him. I want my friends to be rich and prosperous, but rich and prosperous in everything.
If my own personal experience taught me anything, it’s that more money is more problems. (In this post I talk about how at $10/hr I thought my life would be so much better at $12/hr. I then worked all the way to almost $30/hr, but in 10 yrs, and almost tripling my salary, I never changed my situation. Then I lost my job and literally found myself back to where I started at $10/hr… and THEN I found happiness as my own boss.)
This is why the ideal day exercise is so important. You have to know what you want, where you’re headed, and what your goals are, so you can work towards it. You have to know where the exit is to work towards an exit.
and It’s absolutely okay to want to be a millionaire and be able to ride around in a ferarri. Whatever floats your boat!
Point is, you have to KNOW what it is you want. For me, it was never about money. It was always about helping people, being my own boss, and being able to set my own schedule… live that ideal day every day.
Now it’s your turn
Reexamine the ideal day exercise I made you do when you first joined the free Exit Strategy School newsletter.
Clearly define what it is you’re working toward — what it is you want from your life, your career, and this future business we’re going to build together.
and if you KNOW what you’d do with an extra $1,509, then start your exit strategy this weekend to bring in that extra pizza dough 😉 see free training video #3 for help! Let this be your motivational kick in the pants.
share your ideal day and goals below!