What’s your definition of success? Is there a magic number, lifestyle, number of people helped, families supported (including your own)?
Everyone has their own goals. For me its financial freedom and not worrying about any bills with a property paid off.
Just started making over 500k a year (with multi year contracts) and still not satisfied. I’m thinking at 1m/yr I will be, but maybe not. Need to buy that property free and clear. Btw, my metrics on home have changed. Had a 4/3 house with a large pool in the backyard. Now want a house with a view of the ocean. The idea that will somehow make me happier is part of this post.
Did you hit your goal and level of success? Were you satisfied when you did?
I started my business with probably the same dream that probably every other entrepreneur does, to generate potentially far more income than you can from being an employee. But over the last 10 years, for me the financial milestones never really felt special or gave lasting satisfaction. We went from doing 10k per month, to 100k, to 1M, to 1M net and beyond. Eventually I realized that the reason I love being an entrepreneur has nothing to do with the income. It’s about creating new things and having customers validate that the creations have value. Overcoming the constant challenges. The satisfaction working with and learning from my team. Getting positive feedback from clients and hearing that we are the best at what we do. Having a positive impact on the planet through our work. Creating a fulfilling career for our employees. I’m in my late 30s now and could retire, but don’t want to thanks to all those things.