Success if defined by the individual that is pursuing it. Unfortunately, too many people settle for less than their full potential and struggle with regrets later in life. I have found that many people do not take the necessary time to identify what success means to them. If you have not defined success for yourself, you will most likely borrow another person’s definition of success and spend your life comparing yourself to them. Here are 5 steps to rethinking success:
1) Spend a lot of time discovering your definition of success. You need to know what makes you feel happy and secure. One person may want to make a certain amount of money while another person’s definition of success is owning a farm and living off the land. If either one of these individuals pursued the other’s definition of success, they would most likely not have a lot of passion and thus never reach that goal. You will fail before you start if you pursue success that you are not passionate about.
2) Accept that you will experience adversity on the path to success. If you think true success is easy and you plan to spend most of your time searching for the path of least resistance, success will continue to elude you. If you expect challenges along the way, you will be less likely to be thrown off track when it occurs. As you get better at this step, you will learn discomfort is necessary to accomplish great things, and you will start pursuing challenges as opposed to just dealing with them as they come.
3) Do not think small. I have met many people that settle for less than their full potential because they don’t believe a higher level of success is possible for them. My family faced a lot of adversity when I was young and as a result I believed that a high level of success was not possible for people like us. Broaden your perspective by reading books, interviewing professionals and becoming a student of the things you enjoy. I enjoyed finance, so I started learning about the most successful people in that field and realized I could take the same steps they took to their success. I could not achieve that success over night, but if I was willing to work hard it was not impossible.
4) Success is much harder on your own. All successful people need others to reach their full potential. Identify your weaknesses and find people that can help you in those areas. For example, one of my weaknesses is processes. I enjoy coming up with the vision and having technical knowledge about subjects, but I don’t want to track paperwork or plan events. I have team members that thrive performing those tasks and as a result I can focus on the larger vision of our company.
5) You do not have to sacrifice everything else in your life to be successful. I have learned that intentional times allow me to accomplish much more in a day than most people. I am laser focused when I am working because I want to be successful in multiple areas of my life. When people find out that I run a successful financial advisory firm, that I have written a book and I get home at 5:30 p.m. on most days to be with my family, they wonder how it is possible. I have the same amount of time in my day as they do, but they can’t seem to figure it out. Make every minute of your day count!
STEN MORGAN graduated from Linfield College in Oregon with a bachelor’s degree in finance and economics. In college, he interned at Northwestern Mutual selling life insurance and quickly rose to the top 10 percent of the group. After college, Morgan applied for his dream job at an investment firm and was hired on the spot. A prodigious student of the financial industry, Morgan earned his investment licenses in record time. After a few years, he decided it was time to build his own financial practice, Legacy Investment Planning. “The Seven Mindsets of Success” is his first book. Learn more at www.stenmorgan.com