Why is having a purpose important and why do I need one? I meet with a LOT of doctors every day that can tell me exactly what they want right now. They can tell me what they want in a practice, how much they want to make, what they want their schedule to look like and what procedures they want to be doing. That’s the easy part. The harder part comes when I follow up with “why” they want those things. For some reason it becomes much more difficult to answer the “why” we want what we want or “why” we do what we do on a daily basis. In reality all this comes down to is finding our own purpose. Yes, I’m talking about our purpose behind why we do what we do.
Everyone on this planet is given certain gifts and talents but how many of us are living up to the potential of these gifts? If we all sit down and search deeply about all that we can accomplish how many of us are actually living out that potential? This all comes down to starting with the end in mind. If you begin with the end in mind all you have to do is then reverse engineer every choice you make to then be directed towards the end result you want. It’s time we start goal setting to our potential and not where we think we are today. In 10 years will you be the same person you are now? Of course not! If you goal set with your potential in mind then you have the greatest chance of reaching what you want in life. To many times we set goals based on what we can accomplish now. Those aren’t goals those are tasks.
I meet with too many dentists that are just getting by or are wanting to retire and didn’t make plans large enough to even have the option to retire. They are living to work and not working to live. Even the ADA says 96% of dentists can’t retire on the same standard of living than when they were working. How is it that so many well off individuals making sometimes as much as 5-20x more than the average American don’t ever reach financial freedom? This is the million-dollar question that I have set out to answer. It has become my mission to help as many doctors reach financial freedom as possible.
As the infamous Zig Ziglar once said, “You will get all you want in life, if you help enough other people get what they want”. I wholeheartedly agree with this. If your goal is to make $1,000,000 and you sell a crown for $1,000 per patient then you need to find a way to help 1,000 people. This is what I mean about reverse engineering your goals. Obviously this is a very generic example and there is more to making $1,000,000 than that but you get the idea. You wouldn’t plan a trip cross country and not bring a GPS, right? So why do so many of us go through life this way? The greatest gift I can give my clients is by giving them a personal “GPS”, helping them visualize their long term goals and then strategizing with them to reverse engineer their future to meet their goals. This is all driven by your purpose.
So again, why is having a purpose important? In an easy statement it gives you a track to run on and when the daily grind becomes unbearable it will give you the strength to accomplish what you need to do. Not everyone wants to make millions of dollars and that’s okay. As long as you know what your purpose is and you are “feeding” it with the sacrifices required then you will be well on your way to reaching financial freedom.
Ready for the exercise? Well here it is; there are three questions you need to answer first:
I’m talking about making money while you’re not working. It’s not freedom if you’re working 80 hours/week and making great money. It’s now become a “sentence” until you’ve found a way to reduce your time and begin to replace yourself. You will then only have one piece of the puzzle!
Money can’t buy everything but it can buy you the time to spend with your loved ones or have the things you want in life.
This is the step most people never consider. They don’t consider what will be required to reach their goals. How much time, education, energy and money will this goal require? With anything there is a give and take. In order to “take” your financial freedom you will have to deposit time, education, energy, money and sometimes more. With this data we can begin to explore what is needed to reverse engineer where you want to be in the future to where you are today. Too many of us live on a day to day basis and don’t give any time to our future self. We all stay productive and at the end of the week most of us feel like we accomplished a lot. The bigger question is did we accomplish tasks that will benefit us for days, weeks, months, years, generations, etc…? This is where your purpose will drive you to start focusing on the big picture and what will be required of you to reach your potential.
Now, I’m not the first person to come up with this idea nor will I be the last to write about it. In fact, this is very basic and is even taught to young kids. It’s so basic that I would be willing to bet that most of you have heard it. I would also be willing to bet that most of you reading this haven’t actually sat down with your significant other and actually came up with goals that are real to you. I do this every day with my clients and I would love to help anyone else that is interested as well. If you want a brighter future than the one that is shining currently please give Chad a call at 480-634-4803.
It’s time to start benefiting from the sacrifices you have already made…who knows, you might be closer to financial freedom than you think!