Why Money Can’t Be *THE* Goal For Your Business
Yes. I’m serious.
Look, I want to be as successful as anybody else.
I know it’s maddening when people tell you to just ‘make great art’ and the money will come.
Not everybody can be Andy Weir, writing blog posts for free and self-publishing a book on Amazon for $1 because they wouldn’t let him sell it for free.
A book that gets mainstream published and turns into a feature film starring Matt Damon (my feature film would star Ed Norton).
How the heck am I supposed to make/write/create when there’s bills to pay?!?!
I don’t know the answer, honestly.
I should probably be working on something to sell right now instead of bleeding onto the page, here.
What I’ve learned in the past 5 years doing this is that you can’t define your success hashtag (#success) by money.
Don’t get me wrong. I’m not saying you can just focus on the art and, magically, people will start paying you.
I’m telling you in my best dad/grandpa/uncle voice that, should you focus on money as the goal for your business, it’ll be frustrating as hell.
It’s a Moving Target
No matter how much money you make, it will never be enough. We each have this magical number in our head that we want to achieve. Whether it’s for our family or ourselves, we have some arbitrary amount that we want to make in a month, in a year, by the time we’re 30/40/50 years old.
And if you do the right kind of work for a long enough period of time, you’ll hit that number.
But you know what happens then?
The number goes up.
Every single time.
What a bastard.
This can happen for a lot of reasons:
- You surround yourself with a new peer group that makes more than you
- Additional responsibilities come into your life (aging parents, children, etc.)
- Your passions and desires change
It’s rarely because you’re a greedy fool who doesn’t appreciate what you have (but sometimes, it is).
It’s just that 22 year old Brendan could live like a king off $1,000 per month.
And now 31 year old Brendan can’t.
The number just keeps moving and chasing it will drive you insane.
The ‘New Normal’ Will Totally Ruin You
My wife and I were driving home from visiting my parents yesterday and we were talking about how my business is doing.
I told her that I’d landed a solid 4-figure advertising deal for one of my websites and she said, “Oh, cool.”
To which my only reply was, “Wow. So this is what they mean by the ‘new’ normal.”
You see, a few short years ago, we would have had a freaking stroke over that kind of business.
Now, if it’s not something that moves the needle of my overall income up more than that, we don’t bat an eye.
The definition of ‘holy sh*t money’ has totally changed.
*Please note, the follow is not a #humblebrag. I’m making a point here.
Suddenly, it’s normal for me to make as much from my online business ventures as I do from my day job.
It’s normal for me to launch digital products and make thousands of dollars.
It’s normal for me to book a multi-month coaching client for thousands of dollars.
And that’s not good.
I stopped getting as much satisfaction as I should out of that a long time ago.
When money is the goal of your business, you can never attain peace because whatever level you get to quickly becomes the new baseline to grow from.
Well, Now What Do I Do?
Embrace the work.
Focus on creating. On making
Focus on your WHY.
Show some gratitude.
You just can’t focus on making money as the key metric for your business.
You’ll never find any sort of success because chasing money is literally just like running on a treadmill. A whole lot of work for some numbers on a screen where the only thing that matters, day after day, is making them go higher.