How do you draw the line between taking care of yourself and having “positive self-esteem” (the good kind ‒ not the modern, wimpy snowflake kind)… versus being flat-out selfish, and self-centered to the point of being a real nuisance to society?
It’s a good question. In part because it helps clarify your purpose in life ‒ what a lot of folks call your WHY. (Go here, here, and here for more posts that touch on your personal WHY… and “why” that matters a lot to your success.) Today, though, I want to look at it from a different angle…
Because most of us have more than one purpose. And that’s not a bad thing.
For example, if you’re a parent, then your spouse and children are a huge reason you do what you do ‒ they are your WHY. However, the fact that you also have another motivating passion (like a desire to build up a non-profit to help people adopt foster children) doesn’t mean you’re not fully dedicated to your family’s well-being. In fact, pursuing that purpose may help make you a better parent.
Seems kind of complicated. But maybe it isn’t, after all.
In the end, it’s all about freedom. Three freedoms, actually. They all fit together and reinforce each other. And if you neglect any one of them, it can have a negative impact on the others.
So, what are the three freedoms?
The Freedom To Be Yourself
It’s hard to be the best spouse, parent, or friend you can be… if you’re not comfortable being you. You have to like being yourself. You need to be able to pursue your own likes and passions… for no other reason than that they are your likes and passions. That’s a sign of a healthy sense of self.
Without that ability, you’ll always sabotage yourself. You’ll sabotage your own success. That’s bad for you, your friends and family, and all the people in the world who could benefit from you being the best you that you can possibly be.
So, in your drive for financial independence, it’s OK to admit that you’re doing it to a large extent… for you! Yes, for your family. And maybe, yes, so you can make a bigger impact in the world. But you’re also doing it for your own wellbeing. And that’s a perfectly worthy WHY for transforming your financial status.
Sure, as you gain more and more financial success, you’ll need more than this. Who wants to sit around all alone in a giant, empty mansion… without friends, family, or a bigger purpose in life… listening to “My Way” by Frank Sinatra?
But if you’re unable to enjoy your success on a personal level, you’ll be missing out on one of the most vital things you have to offer others.
The Freedom To Provide for Family and Friends
This one is pretty obvious, but I think a lot of folks take it for granted sometimes.
Look, we live in a world where too many families fall apart, where too many people get into their middle and later years… and don’t even have a single close friend.
So exercising the freedom to be the absolute best spouse, parent, and friend you can be is a noble endeavor. Now more than ever.
It isn’t always easy, and it calls for some really advanced skills ‒ things like loyalty, wisdom, tough love, sacrifice, and commitment. This is especially the case when tragedy strikes, or when our loved ones have what they call “special needs.”
If “all you do” is transform your financial life so you can be a better parent or friend… hats off to you. That is real success. And don’t let anyone tell you that you “owe the world” something beyond that.
The Freedom To Impact the Larger World
This is the one that people often connect with their WHY. “I do all this because I want to build 100 schools in rural Africa over the next 10 years.” Things like that.
And that’s good. Because there is more to life than our family and our friends, or our business. And it’s pretty common for successful entrepreneurs to take their capital, time, and expertise and use them to do some amazing stuff on a pretty large scale.
You can build those schools in Africa (or closer to home). You can become that “wealthy benefactor” who helps underprivileged kids get amazing educational opportunities. You can mentor young entrepreneurs. And the list goes on.
Especially when you’ve got way more monetary resources than your family will ever need, it’s a very natural step to want to help even more people, on an even larger scale. And that can be very, very exciting… and a very big WHY.
Tying the Three Strands Together…
I’ll share something now from another post, What Is the Wealth Accelerator System?:
“Here at RP Capital, we’re big believers in giving. We’ve learned from experience that one of the best ways to accelerate your success is to give every step of the way…
Have you learned something valuable? Share that knowledge with somebody.
Do you have a plan that you’re excited about and that’s working for you? Let somebody know. It could have a real impact on their financial future…”
That’s why we’ve made giving a central component of our whole approach to achieving success. The fact is, you don’t have to wait until you’re financially independent to provide for your family, be a good friend, or impact the world at large on a bigger scale. And you shouldn’t.
It’s just that many of us have found that failing to break free from financial shackles seriously limits our ability to do these things as well as we could. Those financial chains limit our cash flow, time, educational options, ability to enjoy the best moments of life… and to help others as much as we’d like.
So… pursue these three freedoms. Find out how they combine and work together in your life. And cultivate them relentlessly, like your life depends on it. Because, in many ways, it does.
Give us a call at (801) 990-5109 or schedule your free appointment here to build a personalized Wealth Plan. We’ll get you plugged into the Wealth Accelerator System so can experience it for yourself. Before you know it, you’ll be using real estate investment to cultivate these three freedoms ‒ for you, your loved ones, and beyond.