One of the comments on that post really got me thinking and got other people talking and I felt like it was something that required an entire post to discuss.
And I wait for the day that the majority of entrepreneurs don’t have profit as their number one value… that would be punk rock!
Its not about the Money
I have been very blessed to have spent the last few years around people who have done very well for themselves financially. Millionaires, multi-millionaires.
And the funny thing is none of them actually care about money. It seems to me its almost a pre-requisite for getting there removing the emotional stuff you have around money.
When I talk to people who make anywhere beyond $500,000 a year, their values are not about money. Sure, they have a financial goal. But their values are around personal freedom, and often around family.
In my experience, the wealthy entrepreneur is the first to pull their wallet out whether its to buy dinner, shout drinks or help others.
But its ALL about the Money
Now, dont get me wrong money is important. It provides impartial third party feedback on how well youre doing. And it should be treated as such. No more or less important than any other analytic on your dash.
Okay, maybe slightly more important than your Facebook ads CTR, but you see my point.
The money is nothing. And its also everything.
Entrepreneurs enjoy the thrill of the game but money becomes simply a way to keep score. As in any sport the numbers only indicate if youre winning or losing. They show you where your offence or defense is lacking. The point of the game is to WIN and the numbers let you know if you have won. But theyre just a way of keeping score, not the whole point.
Anyone whos ever had what they always thought would be a big financial win whether from a launch, a seminar, sale of a business, whatever would be familiar with the feeling. That thing that you always thought would make you happy those 6 figures in the bank account theyre just a bunch of numbers on a screen.
Thats the moment for most of us, I think, when we realize money doesnt really count for anything. Its fluid, its energy. It comes and it goes. It has no inherent meaning. And at that moment what becomes important to us is what we create. Its legacy. But its also winning the freaking game. Because God knows, we are nothing if not competitive
Oh and on a side note re: Punk Rock
I slaved my ass off at the age of 16 to buy albums by Bad Religion, Pennywise and the Sex Pistols. I dont recall a single one of their albums or their gigs being free.
If you think Punk Rock doesnt have a profit focus, go speak to Malcolm McLaren arguably one of the best music marketing minds of the last 40 years.
Theres this thing youll find the longer youre around the internet marketing scene and thats that you need to learn to decipher context rather than scribbling down the content.
Listen to what people say but then look at what theyre actually doing. Because often the two are different.
Punk rockers might bitch about money and capitalism but theyre hustling every day, working their butts off to get recording contracts, write songs, sell albums, fill clubs and sell merchandise. Working hard doing something you love and making a lot of money along the way? It might not be the content they sing about but its the contextual SOUL of punk rock.