DCSIMG

Leaving a Legacy

Failure to Launch

By Fitz Villafuerte, Brighterlife.com.ph

Comments (6)

GuyWhen I graduated from college, I had this very idealistic view of my future. In fact, during my very first job interview, when asked how I see myself in five years, I actually gave a pretty good description of how I imagined my life would be.

However, five years came by after that moment, and my life turned out nowhere near how I envisioned it in my mind.

I was not yet living independently in an apartment, and still stayed in my parent’s house. I had no brand new SUV, and still drove my father’s old car. And I was still a rank and file employee, and not yet promoted to manager in the firm.

Many young urban professionals today also started their careers with the same goals and ideals that I had, and many of them like me, eventually got beaten down and stayed stuck in a seemingly stagnant career.

So what caused this failure to launch?

In hindsight, I believe that it was not because we didn’t work hard enough or because opportunities were lacking for us. I discovered that the real reason why financial independence came short was because we had the wrong mindset.

When I started to change how I think, and learned how to deal with life’s challenges using the proper skills and mindset, I began to see positive changes in my career and in my own life.

Four Elements of a Growth Mindset

  1. Learning never stops. How to design my own investment portfolio, how to spin a fire poi, why is life insurance important – these are some of the things I learned on my own, after college. Just because you’re out of school doesn’t mean you should stop learning new skills and acquiring new knowledge. There is a wealth of information out there just waiting to be discovered. 
  2. Don’t stay too long inside your comfort zone. From being an employee, I ventured into freelancing, and then moved towards entrepreneurship – each phase felt like jumping off a cliff, and I loved it. The only way to grow is to constantly challenge your limitations. When you allow yourself to be uncomfortable and heed life’s call to adventure, your life perspectives will expand and grow.
  3. Differentiate what’s important, and what’s merely urgent. That report you need to finish for your boss is urgent, but that business plan you’re writing for yourself is important – that is with respect to your dreams. Urgent tasks contribute very little to your long-term goals. But important tasks are those which take you one step closer to living the life you want. Do what’s important at least once a day, and never let urgent matters eat up your daily routine.
  4. Commit to your long-term goals. Yes, you want to be financially independent and give your family a secure and bright future – so why are you spending on unnecessary things and not saving or investing your money instead? Defining your long-term goals is different from committing yourself to attaining them. To be committed means questioning your every action and consciously making the decision, each and every day, to do only the things that will take you towards your dreams.

Need help on planning your finances well?

The right person might be an advisor who can walk you through the steps of successful financial planning.
Don’t have an advisor yet? Click here to find the best one for you.

Receive regular wise money advice right in your inbox. Subscribe to our Brighter Life e-newsletter for FREE and get a chance to win a trip to San Francisco, USA!

Image credit

jillsabs on

I agree with everything Fitz said, but sometimes I think our generation easily gets disappointed and dismayed because of our unrealistic expectations fed mostly by Hollywood movies. In most movie montages, you see the lead actor going through the corporate ladder fairly quickly and set to some upbeat music and before the movie hits the middle part, our hero is already somebody.

Also, we have become conditioned to equate success with material things, so when the designer goods and fancy cars don’t come rolling in, we think we’re utter failures. Again, movie magic at its finest.

Mark Agustin on

sounds like my life…..15 years ago my vision is Im gonne be a millionaire at the age of 30….I’m 31 now and still earning minimum wage

Carla on

I love this article!

Elvin @ Journey To Millions on

I agree with what @Jillsabs said that “we have become conditioned to equate success with material things”. This made me realize that advertisements are really doing a great job in getting our mind think like this, which is not always the case. If we believe that success means having these ever-growing things, we might end up forever stuck in the rat race.

@Sir Fitz, great reflection. Keep them coming.

Henry Neo on

Admiring the commitment you put into your website and detailed information you provide.
It’s great to come across a blog every once in a while that isn’t the same
out of date rehashed material. Fantastic read! I’ve bookmarked your site and I’m including your RSS
feeds to my Google account.

Add a new comment:

Note: Please be sure to read our commenting policy and terms and conditions for this site. We reserve the right to delete any comments that we view to be in violation of our policy. The name you provide will appear next to your comment. Thank you!

Your email address will not be published. Required fields are marked *

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Connect to your Brighter Life

%d bloggers like this: