I watched this short video just a few days ago called, “What if Money was no Object”by the late Alan Watts, a British philosopher. You can access the video here. It is a great view (3 minutes) and will likely remind you of that dream of yours.
For some reason, this question or a similar question gets raised on fishing trips. The question usually is posed during the middle of the trip when everyone is having a great time, work fades and everyone seems to relax a bit.
Fishing trips must evoke some longing for lost dreams and desires. (I have a theory on this I will explain in next week’s blog and it has nothing to do with fishing)
The interesting thing is some of us had an answer. At least a few of us had given this some thought. I have yet to see anyone actually pursue their answer, but it is a small sample size and the question alone is worth exploring.
I just think it is hard to go from dreaming to actually making it happen. Reality sets in and I can bet you money comes into the equation. Frankly, when that happens, folks shut down and punt their dream. It just seems really hard.
What if Money was no Object?
I am not sure this is even a reasonable question. I realize the intent of the question and I surely resonate with the message in the video. We have all heard, “Go do what you love and the money will follow”?
But, let’s face it, most people view that as a risky proposition and I have rarely met or heard of anyone who has done just that.
I have had a terrible love/hate relationship with money for years. I have made major decisions based on money, some good, some not so good.
- What should I study in college? I studied Accounting, Finance and Business. I was told I would always have a job, i.e. money! Did I like Accounting and Finance? I was okay with numbers and I made a good living, but was it a passion or desire? NO!
- What job offer should I take? The one I want or the one with the higher salary which is similar to the one I want, but not exactly and the extra money will make up for the part of the job I don’t like? Does that sound familiar to anyone? I got an MBA to get a better job. I certainly did and made more money. In the short term it worked, long term, hmm, not so much.
- Should I change jobs, even though it means taking a 30% pay cut? I have done this and it felt good despite the pay cut. Nobody died, our lifestyle changed some and I loved the new job. I might still be in that job if the company was not sold 3 years later.
What if Money was no Object? Really?
Three years ago, I made a decision to change my career and ultimately change my life. Yes, I listened to my desires and I finally decided to act on them.
Unfortunately, at that point, money was the object. I had a family with 4 kids to support, a house, 4 cars, insurance, etc. and a high paying job by most standards.
I couldn’t just walk away from my job and pursue my bliss. Reality hit me hard and I had to make some decisions.
Do I keep ignoring my desires and continue at my current job or am I going to take some action and do something?
Yes, I could have looked for another job closer to my passion, but I was too busy and tired most days to do anything in that area.
I could have done nothing. I knew that was not a good option. That felt like giving up.
One thing I did know, I needed financial flexibility and freedom to make any change.
See, I no longer wanted money to be the controlling object it had become in my life.
Well, after many long conversations with my wife, we decided to sell our house. We loved that house,
but I loved the idea of pursuing my dream more and so did my family.
Even when I was not exactly sure what lied ahead.
It has taken 3 years to re-structure my personal finances to the point where I could continue to support my family, start a new business and pursue my passion.
If you want to make a career change or pursue a big dream, money will eventually become a topic.
What if money was no object?
I love the question and I love the energy it can bring to a conversation. Folks light up when they are talking about their dream and that, my friends, is a great thing.
But, don’t fool yourself.
Money will become an object, just don’t let it be the object that shuts down your dream.
PS – If you have a big dream and money has become an object in your pursuit, let’s talk. Go to my coaching page here and request a Lay of the Land Questionnaire at the bottom of the page. Once you complete the short questionnaire and send it to me, we will schedule a call, where I can get you pointed in the right direction.