Category: Wealth

“The industrial age brought compliance and compliance brought fear and fear brought us mediocrity.” – Seth Godin

Great quote today from Seth Godin’s blog: http://sethgodin.typepad.com

We were taught from an early age that we are to behave in certain ways and believe certain things and dress in certain clothes.  This was all in preparation for a world that promised lifetime employment and being part of something bigger than oneself.

Loyalty was rewarded with promotions and annual bonuses.  Conformity was valued over creativity.  And if our children had trouble with this, there were medications available that helped them keep quiet and walk in a straight line.

If the rewards didn’t entice you to stay inside the box, then the fear of what would happen if you did was terrifying.  Loss of income and benefits, status and lifestyle were all threatened.  I remember buying my first home.  I told my supervisor and he said “That’s great.  The more in-debt you are, the more you love working for (insert your favorite corporation)”.  Thus the interstate highway to mediocrity was paved.

Now the truth is on the table.  We all have risk.  Sixteen years of dedicated employment is a negative on the income statement.  Traditional employment is going away.

HOWEVER!  We are all free now!  Free to think for ourselves.  Free to come up with great ideas and see if others would benefit from them.  Free to pursue wealth from our efforts – for ourselves.

And freedom from mediocrity.

Blogging Gazelle is published daily by Shawn Carson

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“I wasn’t so interested in being paid. I wanted to be heard. That’s why I’m broke.” – Ornette Coleman

Sometimes, entrepreneurs have to give themselves permission to get rich.  For many, getting rich is not the primary motivation… and that is as it should be.  Drucker says the primary purpose of the business is to have a customer.  Having a customer means you have solved a problem someone else is willing to pay for.

If you’re lucky enough to get rich, that’s because it is an effect, not a cause.  It’s the result, not the reason.

But it’s ok for wealth to be number 2.  It gives you opportunities you wouldn’t otherwise have; like philanthropy or starting your next company!