What do you want out of life?
Maybe that seems like a strange question. What do goals have to do with becoming a money boss? Everything! Having a personal mission is key to running your life like a business. Your goals help you decide how to spend your time and money.
When I think about the difference between people with purpose and people without, I always think of my friend Paul.
Twenty years ago, as I was swimming in self-induced debt, Paul was living a bare-bones lifestyle that seemed ridiculous to me. He didn’t own a television. He had few books and little furniture. His only indulgence seemed to be a collection of bootleg U2 albums.
“How can you live like this?” I asked him during one visit. “Where’s all of your Stuff?”
He shrugged. “I don’t need a lot of Stuff, J.D. Stuff isn’t important. It gets in the way of the things I really want.”
I didn’t know what he meant. To me, life was all about the Stuff. I had hundreds of CDs and thousands of books. I had a TV, a stereo, a house, and a car. I wanted more.
Paul didn’t have any of these, but he had things I didn’t have. He had happiness. He had freedom. He had money. He had goals.