Learning How to Measure Success in Life
When I was 14 years old I already had a very clear idea of what I wanted to do as a career. I also had a clear idea of how I should measure my own success in life. It took the entire second 14 years of my life to realise I was completely wrong.
Before we left New Zealand back in 2012, I was going through and clearing out some of the huge boxes of my old stuff that I had littered my Mum’s house with and found some pretty funny old school notes. One piece of paper I found was from a career counselling class back in High School (from 4th form when I was 14). It had some career/life goals that I had set for myself including some absolute pearls considering how old I was.
14 year-old Matt’s Goals
- get a job at a big 5 accounting firm (the big 4 by the time I graduated)
- become a chartered accountant
- earn $40,000 a year
- move to London and get a job at a big bank
- Own my own house
- having a secure, well paying job
- owning my own home with a big TV and flash car
- having a lot of money in my savings account
So what made me change my mind on what success meant?
The tipping point for me was when I was in the midst of working 80+ hour weeks at work last year. My whole life was focused on work including the weekends. I was well paid and saving plenty of money (because I didn’t have any free time to do anything with it) and I was completely miserable. It was after a few months of this that I first started focusing on why I wasn’t happy and what would change that. The first realisation I had was that we needed to be more like Bhutan. Instead of focusing every decision on what will make more sense financially, we should look at what will make us happiest. Just like Bhutan focuses on improving the nation’s happiness rather than increasing their GDP. Bhutan even has a Minister of Happiness. That is how important they think it is and it flows through to how they make decisions. If someone wants to build a dam that will create a huge boost to their GDP, they instead focus on all the villages that could be flooded and whether the dam will actually improve their citizens lives. Having worked with and met plenty of people that earn seven figure incomes, I know that earning a lot of money doesn’t necessarily lead to a happier life. Sometimes people are rich and also really happy but this is usually when they have still found a way of measuring their success through their passions rather than their bank account. Richard Branson is a great example of someone who seems so grounded and happy and I have a feeling he would be the same way even if he was struggling away on minimum wage. Often large incomes can have the opposite impact on happiness when the quest for more money cannibalises any other smaller dreams people might have had. There is definitely a balancing point where income and financial security do have an impact on happiness (most studies put that level at about $70,000 USD per annum). The problem is that there are a lot of people who earn more than this and still focus all their energy on further increasing their income instead of focusing on other areas that could make them much happier.How we measure our success now
Are we happy? Will this make us happier or not? Happiness isn’t a simple thing to measure or achieve but for any choice we make now, we are focusing on which option makes us happier rather than what makes us more money or what helps us keep up with the rest of society. We are by no means perfect at applying this yet but we’ve come pretty far in the last six months and we’re both excited for what the next few years hold for us as we get better at making our happiness our biggest priority. It sounds sort of selfish in a way focusing on just your happiness but luckily it’s hard to be happy without having a positive impact on others. What actually makes each person in the world happy is different from person to person but I think there are a few consistent things:- helping others & doing good deeds;
- spending time with people you love;
- doing the things you’re passionate about; and
- doing things that allow you to be creative.
[jetpack-related-posts]
all your hard work has given you a great base – very wise! Congratulations!
Love that last pic, btw!!
Thanks Shona 🙂
Matt, you could have an alternate career writing. VERY well done, son. Both you and Dayna make your point very clear, express yourselves very well. Makes parents very proud. much love from Dad (in law) and Gail
Thanks 🙂 – I’m not quitting my day job just yet…oh wait I sort of have – oops. You guys don’t do too badly yourselves!