Major career transitions can feel incredibly daunting, especially when you identify as a high-performing corporate executive. And sometimes, you may be so used to your current life that it’s difficult to imagine anything different.
But as I’ve seen in my own life, the reward is worth the challenge.
If you think you’re ready for change but aren't sure exactly where to start, here are the “3 Es” I focused on to help me design my dream life.
When I asked myself these three questions, it became clear that I wanted to leave corporate life altogether and build something completely new for myself. You may not reach the same conclusion, and that’s OK! The goal is simply to build a life that you don’t need to take a vacation from — whatever that means for you.
1. Does this Life Give Me Positive Energy?
Think about the parts of your life that make you feel the most energized. Maybe that’s spending time with your loved ones, getting an extra hour of sleep every night, or tackling a new creative challenge.
Once you’ve identified the things that energize you, the goal is to design a life that lets you do more of those things and less of the things that drain you.
For example, I realized that some of the most important things in my life were spending time with my kids and having the freedom to travel. In order to do more of those things, I realized I’d need to spend less hours working at my 9-5.
2. Can I Create the Right Environment?
Now that you know what energizes you, your next question focuses on creating an environment that allows you to prioritize those things.
You don’t need to make any major decisions or changes right now, but think about the ideal circumstances that would make it possible for you to live out your dream life.
This could include everything from your daily routine to the responsibilities of your job to the people you choose to surround yourself with.
If your environment doesn’t match your priorities, it’s much harder to achieve your goals. Look for ways to optimize your daily environment so that you can do more of what excites and energizes you.
For me, that meant waking up early and using that time to intentionally build the skills and connections I’d need to eventually leave my 9-5. Check out this blog post to learn more about how winning my mornings was the key to taking back control of my time.
3. Will the Economics Support My Life?
It’s great to dream about your ideal life, but you’ll never make it a reality unless you have the economic foundation you need to support it.
Think about the things you identified in steps 1 and 2, and then work backwards to determine what you need to do in order to reach that destination.
This could be a number of dollars in your bank account, or a certain amount of passive income rolling in each month. Or maybe you’ll realize that you already have the financial foundation you need, and now you just need to take the leap!
Every person’s goals and financial circumstances are unique, so no one can make that decision for you. But if you’d like to learn more about generating passive income through tax efficient, direct investments, our team at FGCPTM would be honored to come alongside you and support your journey.
Get in touch today at this link.