All leaders should be in a peer group. I attended mine this week and an individual who works in wealth management shared some wisdom with us. One of the things he shared stayed with me for the day – and inspired this post.
“In my experience, it never seems to matter how much individuals have, they spend lots of time worrying that they don’t have enough.” He went on to share how their process works best when people are able to articulate their goals and aspirations in life, then the planning part just becomes working toward their goals. Sometimes it takes several years to get people to shift from being centered on ‘not enough’ to ‘goals/aspirations’.
This post is not about money; it is about the loaded words ‘not enough’.
- Not enough money
- Not enough support
- Not enough budget
- Not enough respect
- Not enough time
- Not enough space
Ever heard any of these come from one of your team members? From your teenager? From you?
Let’s talk about #5. This is the one area where everyone from Bill Gates to Scott Patchin to you – we are all equal. I think back to my friend’s questions around money: What are your goals and aspirations? Then maybe: If we were looking at where you spend your time, what does it say about your priorities and longer term goals/aspirations? Do they align? What one thing could you change that would move you toward the state of enough time for the important things in my life?
Watch out for the ‘not enough’ wheel. As a leader, help people step back and think about their priorities, then work through the constraints. Better yet – demonstrate to them what it looks like to live with a clear purpose and alignment around the important things. People-centered leaders don’t walk past the hard conversations.
FYI – They have studied money and happiness, and the number where having more does NOT make you happier is around $75,000. Here is a link if you want to learn more.