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Renew Online

You may now renew your annual membership dues online. Annual dues are $45.00.

Freedom is a state of mind

By Stephen Ingle, Wordco

What is “freedom” and what is “work”? Let’s look at the following story to give us a clue.

Once upon a time, a retired Fortune 500 CEO was traveling through the Greek islands on vacation. In a picturesque village on one of the smaller islands, overlooking the azure-blue sea, the CEO came upon a couple of fishermen coming in to shore on their 15-foot boat, with what was obviously a successful day’s catch.

“Excuse me,” said the CEO, “do you catch that many fish every day?” “Oh yes,” responded the elder fisherman, “we only fish for two hours; there’s a lot more fish where these came from.”

“Do you realize,” inquired the CEO, “if you fished for just six hours a day, you could sell the extra fish you don’t need and put the money aside. Eventually, you could buy a bigger boat and hire another fisherman. With a bigger boat and crew, you could eventually catch many, many more fish every day. By selling them, and investing the profit, in a few years you could buy more boats, hire more employees, and build an office on shore from which you could manage your operation. Imagine, if you started spreading your business over all the Greek islands, you could be making tons and tons of money.”

“Why do I need that money?,” responded the fisherman.

The CEO, sensing a lack of communication, responded: “Well, you’d be able to retire at an early age, of course! Like me! You wouldn’t have to work anymore. You would have the freedom to do what you want. You could enjoy time with your family, you could spend a couple of hours a day working if you so chose, and you could relax every evening with your friends.”

“But that is exactly what I do now,” said the fisherman.

The CEO became confused and muttered something about “these people will never get it,” before heading back to his hotel.

Obviously the CEO was right about one thing: there is a lack of communication. In the CEO’s world, success is measured by “freedom” (i.e., so-called “financial freedom”), but this freedom comes only after years of struggling in the competitive jungle, emerging on top with the biggest salary, pension plan, power title, or whatever, before leaving the jungle to really enjoy your “freedom.” From the fisherman’s point of view, he already had his freedom, and saw no need to take the CEO’s convoluted path, simply to return to where he started.

In a way, both are right. In the real world (Connecticut, 2004), most of us have to “work” for a living and make money to survive. The life of the fisherman may seem idyllic, but hardly possible for most of us in this economy.

However, as individuals, we are naturally drawn to freedom. And as small business owners, we have made a conscious choice to risk the “comfort” of a guaranteed paycheck to enjoy the freedom of setting our own goals and our own schedule. Most of us enjoy having this kind of control, and we enjoy doing the kind of work that we choose to do.

I would like to end this article with a few questions. How do you strike a balance between freedom and financial success in your business? What is your ultimate goal in your business and life? How much “freedom” are you willing to sacrifice for success down the road?

Let’s address these and other questions at our next meeting.