The Legacy Formula |
| 9/4/2009 12:58:31 PM |
As each of us aspires to build our own unique legacy, we too must consider both the measurable and intangible components of the equation. Here are some suggestions to help you build. The first challenge is to expand upon what you have traditionally considered important when you account for the outcomes of your actions. One of my main challenges as an Agent is to guide my client in broadening the spectrum of criteria they typically use to measure their financial success. I, personally, like Richards Monette's formula of: Success = Results X Fulfillment The first variable in the equation – Results Delivered – is the most intuitive and rarely a challenge for us to grasp. To build a successful legacy, concrete, tangible, and quality outcomes must be delivered. Examples? Businesses must turn a profit......and Investments must yield positive returns. Defining the fulfillment variable in the Success Formula is not a license to avoid the hard work required to deliver results. Like triple bottom-line accounting – Profit, Planet, People – or native wisdom – act with seven generations in mind – it involves sustained awareness, purpose and discipline, and leads to more efficient and effective actions. Most importantly, it sets the stage for building a lasting legacy, one purposeful action at a time. All in all, use the K.I.S.S method to start small and make clearly defined goals for the future. Remember, the measure of legacies in the creation stage can only be judged by future assumptions in the beginning but ensure that every decision you make today is made with the future in mind. legacy, we too must consider both the measurable and intangible components of the equation. Here are some suggestions to help you build your own legacy, one purposeful action at a time. |
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