Refining Prosperity

As a result of this economic downturn, many people are rebooting, reinventing, and retooling. They’re also rethinking what it means to really be prosperous.Prosperity, to be sure, is personal and multidimensional. Still, in universal terms, it is possible to define it. How? By one simple yet significant equation.

The prosperous Equation

Prosperity has three pillars that together create the “Prosperity Equation”:

Money + Happiness + Sustainability = Prosperity.

1. Money isn’t everything, but it is an undeniable part of prosperity. Yet, what is most important about money is how it interacts with your life and how you spend your energy and effort earning it. The big question, then, is this: How much money is “enough”? It is a fact that if you want to achieve real, lasting prosperity, you need enough money to support your financial goals and honour your values and principles, but not so much that money serves to distract or alienate you from those very values and principles.

2. Happiness has been discussed and debated for centuries. At heart, however, it embodies four key elements: - Health and well-being (supporting a healthy mind, body, and spirit); -- Values (committing to what you cherish, such as family, faith, and friendships); - Authenticity (living aligned with your personal principles and passions);and - State of mind (having positive feelings about yourself and the world around you).

3. Sustainability can be more movable and flowing than being constant. Still, if you can answer “Yes” to three basic questions, the prosperity you seek is probably sustainable: 1) Do I feel good about it? (it aligns income and happiness); 2) Will I be able to maintain the effort required? (you can keep at it over the long term); and 3) Is it ethical, environmentally responsible, and beneficial to others? (it can, and will, be measured by more than profits alone).

The Six practices

Know out once that there are no shortcuts to attaining true prosperity. Yet, with a smart, specific action plan, along with hard work and perseverance, you can do more than dream about prosperity--you can achieve it. I will therefore recommend these practices

1. Find your personal Polaris Point; In astronomy, there is only one Polaris, or North Star. It stays fixed in the heavens, and by its very essence, reveals true north, a phenomenon guiding travellers since the dawn of history. Your personal “Polaris Point,” then, is your true north, or envisioned future: what you aspire to become, to achieve, to contribute, and to create. It is uniquely and completely yours, and as a unifying focal point, helps ensure you’re moving in the right direction. So, you need to hold on to it and follow your aspiration, which you much control at all times, why? Because every steps you take leads you to it.

Tip: A true Polaris Point is clear and compelling yet not restrictive. Start by thinking about the people you most admire and how you might want to emulate their lives. Consider family, friends, teachers, world leaders, and even fictional characters in your favourite movies or novels.

2. Balance money and happiness. Apple co-founder Steve Wozniak once said, “My goal wasn’t to make a ton of money. It was to build good computers.” When your earnings and your Polaris Point are in balance, you’re living in your “Prosperity Zone.” Your prosperity will continue not as your income or happiness increases but as a function of the difference between your income and happiness.

Tip: Most people say their income would have to double to free them from money worries. Yet, when that actually happens, the financial security and happiness they anticipated doesn’t materialize. So, they redouble their efforts—and keep chasing a moving target. (Researchers call this tendency the hedonic treadmill.) Ask yourself, “To pursue my Polaris Point, what would my annual income need to be?” Figure out the answer—and stick with it!

3. Earn from the inside out. Passions and profits really do mix very much. Think about your core values, strengths, and desires. The more that you “earn from your core”, tapping into a deeper kind of energy and passion, the greater your competitive advantage and earning potential.Tip: list/record your personal attributes and capabilities—what sets you apart and makes you truly unique. Determine what really motivates you and where you’re most excited, eager, and energized. And think about what draws people to you. These and other will help you formulate your brand, or real “personal vibe.”

4. Focus on what you already have. Whether they start with a little or a lot, people who emphasize what they already have—abilities, work and life experiences, contacts, and more—usually end up with the most. Be acutely aware of your own abundance, not your lack, and your “glass half-full” can become even fuller.

Tip: You get more of what you focus on. So, instead of thinking about what you don’t have or want, i.e., “I have no experience in that” or some complain here and there,” start thinking about what you do have and want.

5. Create and commit to a plan. Something powerful happens when you “decide to decide” to live the life you really want. In creating a prosperity roadmap, you can plan your work—and work your plan. Also, be sure to write it down. Only then can you really visualize your goals, pinpoint your targets, and mark your milestones.

Tip: Write your plan by hand—infusing it with a physicality inclination and desire—and use a narrative form, not bullet points or a spreadsheet. Create a shortened version—a 25-word elevator speech—and memorize it.

6. Take profound, continuous action. A plan is meaningless if it is left to collect dust. Take profound action and persist, persist, persist. The road to prosperity begins when you realize that you’re the dealer.

Tip: Hesitation is the enemy of action. Don’t dither, dillydally, or delay. Instead, move ahead quickly and efficiently to get into a flow. If you start to lose faith or courage, reach out to people in your network who can provide encouragement and guidance.

Get a Business Idea Today

Return to Home Page