Key Takeaways

• Some people value greed and measure success by material possessions.
• Having freedom is a truer measure of winning in life.
• There are four freedoms that both entrepreneurs and retirees have.

“Greed is good.” You may recognize that line from the unscrupulous corporate raider, Gordon Gekko, played by Michael Douglas, in the 1987 movie, “Wall Street.” In watching the movie, it becomes apparent what a tremendously awful person Gordon Gekko is.

His behavior brings to mind the phrase “He with the most toys wins.” In actuality, the phrase should be “He or she with the most freedom wins.”

Business owners and entrepreneurs recognize that they possess four freedoms, as outlined by The Strategic Coach® Program. These freedoms are Time, Money, Relationship, and Purpose, and they’re freedoms that retirees also have.

Freedom of Time

You have the freedom to take your time and spend your time the way you want to spend it. But, it’s important to create boundaries, otherwise you’ll find that your time gets scheduled according to how others want you to spend it.

Freedom of Money

Hopefully, you’re at the point where you have enough money to support the way you want to live, allowing you to make choices with your money to enjoy life.

Freedom of Relationships

As life goes on, people come into your life, and others leave your life. Sometimes, you’ll find you have to purposely remove people from your life because they’re toxic or the relationship is unhealthy. This freedom to choose your relationships allows you to surround yourself with people you care about and who make you happy.

Freedom of Purpose

It may seem that your purpose in life is supposed to start at a certain point, or that it disappears at another point. The truth is, you’re born with a certain purpose. Some of us find it, some don’t; some discover it early on, others discover it much later in life.

It may be difficult to uncover at times, but your purpose is ever-present. You have the ability to pursue it, and it can be the most important of the four freedoms, because it asks the question, “How do you focus your time, money, and relationships around what is important to you?”

So, greed is not good. Ultimately, it’s he who has the most freedom, not toys, who wins. Until next time, enjoy.

Gary

Sunshine State of Mind:

Protect Your Assets with Florida Domicile

Tuesday, September 17^th OR Wednesday, September 18^th

The Glen Club

2901 West Lake Ave

Glenview IL 60026

Registration begins at 5:45 PM

Appetizers & refreshments at 6:00 PM

Presentation at 6:30 PM

Q&A after the presentation

To reserve your place, please call Karyn at (847) 441-5644

Gary Klaben is in our Glenview, IL office and serves our clients who are now located all over the country. He has over 30 years of experience and is the author of Changing the Conversation, Wealth of Everything and co-author of The Business Battlefield.  Whether advising his clients, mentoring his team, or coaching entrepreneurs, he is always simplifying complexity and motivating others to take the next action that’s right for them.

Inertia, often caused by being overwhelmed, keeps smart people from planning. TransformingWealth™ , Coyle’s proprietary approach, is designed to get your arms around the big picture so you can make informed financial decisions. Take the first step to living the Good Life Managed Well™, and schedule a complimentary TransformingWealth Preview Meeting.

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