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Success Is About Four Things: Money, Time, Relationships, and Service

A wise man once told me that we all have just Four Legacies to leave future generations. The first legacy is Financial Freedom. This involves spending less than you make, investing the balance, and creating a bigger life, not necessarily a bigger lifestyle. The second legacy is Time Freedom or the ability to take time for yourself and others. This leads to the third legacy which is Relationship Freedom and the desire to build solid, long-lasting, engaged relationships. And lastly, the first three can’t help but lead to Service Freedom – and we’re all here to be of service to one another. Let’s get started...

Money Freedom

Money Freedom is elusive for most people. It’s because society has taught us to want everything we want, and believe that we can have it right away. We’re a 24-easy monthly payment society and it’s the root cause of the economy today. Money Freedom doesn’t have to be elusive... in fact, it can be closer than you think. The key is playing the game we all play with money by the rules of winners, not of losers. It’s about changing your mindset. Ready to play The Money Game to win?

Time Freedom

Time Freedom is more than how many days off a year do you have. It’s about having the ability to create efficiencies within your life that allow you more free time to do what you wish. It’s about realizing that there are aspects of what you do that you can outsource to other people and new technologies. And most importantly, time freedom allows you to pursue what you really, really deep down want to do. And what might that be...?

Relationship Freedom

Relationship Freedom at its’ core is adding more value to other people than you can possibly ever expect to get in return. It’s the philosophies behind books like The Go-Giver, Never Eat Alone, and How To Win Friends And Influence People. And at the heart of Relationship Freedom is a P.O.W.E.R. that most people never get to fully access. Give me one hour of your time and you’ll know exactly how to access it...

Service Freedom

Service Freedom is a very simple concept. It’s the idea that we are all placed on this earth to be of service to one another in some way. While it’s true that each of us has a very unique set of skills, interests, hobbies, and values, our uniqueness is the gateway to help other people achieve everything they want to achieve. The challenge is achieving the first three legacies in order to live in Service Freedom forever. Those that do, never ever want for money, time, or relationships. Interested...?

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Consider The Source

Wednesday, 09 September 2009 12:49

I had coffee the other day with a friend of mine who's preparing himself to leave the corporate world and venture into his own business. His current job has him traveling multiple days a week, working from the early morning until the wee hours by the dim light of a hotel room, and missing what he can't get back -- his children's formative years.

He's not burned out either. In fact, he's quite good at what he does, but feels he's missing out on an opportunity and sees no time like the present to pursue it. Can you imagine? Taking the plunge into business in THIS economy?

I can.

When I started Four Legacies Mortgage, Iowa's first socially responsible mortgage company, it was at the pit of the subprime crisis of 2007. Everyone (and I mean EVERYONE) thought I was nuts. But really, what do other people know about your business?

My friend presented his business plan and personal financials to several banks and is in the process of getting financing from a reputable local bank. However, not all of these "bastions of business acumen" had the same advice for him. One banker in particular had been with his bank for 32 years and was very proud of that fact. He looked at my friend's W2 income and asked him point blank, "Why would you leave this job?"

Wow -- thanks for the vote of confidence Dad.

My advice to him was consider the source. Having worked for the bank for 32 years, he probably started at 22 or 23 which puts him at about 55 years old. His parents were no doubt survivors of the Great Depression and instilled in him a strong security blueprint. W2 job = security. Find a job and stick with it to get a big pension = security. You think someone should tell this guy defined benefit plans are a thing of the past?

My mom was in the same boat -- after having started her own interior design business in California, she had some questions and saw an ad for the Small Business Development Center offering free counseling for small businesses. Now, I don't mean to take away the experience of the advisors, or challenge their guidance, but they said what my mom needed was a good brochure. ARE YOU KIDDING ME???!!!!

What other gems you got? Sandwich boards? Bumper stickers? Do it yourself button press?

My advice to her was consider the source. If you want advice on how to market and build a small business, do you really think going to a government agency full of government employees is the place to do it? They don't know jack about marketing. OR small business. But by god they've got great benefits.

You want guidance on small business, listen to Michael Gerber, listen to Jim Blasingame, listen to Drew McLellan, listen to the people who are successful in the field you're entering into.

Just please please consider the source.

After all, there are people who want to see you succeed in business, and then there are people who would just as soon you not even try.

To Financial Freedom.