In a recent post titled Moving from Success to Significance, I wrote about some of the key considerations when shifting your life from a journey of success to a journey of significance. Making this shift requires action, but unfortunately, many wealth creators get stuck along the way.
The major barrier to a life of significance is Complexity.
Two Challenges of Complexity
First, wealth—especially increasing wealth—will naturally create a heightened level of complication in your life. You tend to worry more, have less time for the things you truly love, and desire more control and simplification. But, at the same time, you aren’t sure what options you have that will allow change to occur.
Secondly, when you’re in the middle of wealth complexity you don’t know what you’re missing: you can’t see it.
The base that will allow you to fully experience significance is Wealth Clarity.
In many ways, wealth clarity is the bridge that crosses the chasm from complexity to simplicity. It frees you to think and to enjoy life in a more meaningful way. It builds confidence because you can manage your financial life more easily and respond to changing assumptions and life circumstances in stride.
The sad truth is that 90-95% of wealth creators live a life of wealth complexity.
In my next post I will focus on the consequences—impacts and costs—of not having clarity and what you can do about it.