MATT DOAN

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Know your tradeoffs

I was set to make millions.

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My career path meant that several more years of grinding in corporate would’ve produced huge sums of money.

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But I had to say, “no, thank you.”

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A decade of ladder climbing showed me the toxic effects of a promotion-obsessed approach. Life fell apart for me.

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As I edged toward the upper echelon at work, I knew the money-first strategy would kill me.

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Sure, I would’ve been financially rich, but I wouldn’t be wealthy.

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I’d be bankrupt in time, health, impact, and family.

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And what’s the point of money if you’re sacrificing those things?

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It comes down to this: know your tradeoffs.

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Zoom out

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Every decision in life involves tradeoffs. Choosing X impacts your ability to have Y.

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Please, take a full view of life:

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Suppose your strategy is to fly up the corporate ladder and achieve riches. In that case, you’re inherently neglecting almost everything else in life.

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Don’t get me wrong. There is a time and place for going all in. For example, it often makes sense to crush it at work in your 20s to establish a financial and reputational foothold.

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But your life season should guide where you’re spending your time and energy. After we “level up” in one aspect of life, we need to zoom out, reevaluate, and reallocate.

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Eyes wide open. See the full picture.

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Develop a clear vision for your life.

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Take aligned action.

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And most importantly, know your tradeoffs.

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PS - it’s okay to love money. (I love money.) I’m working to make a ton of money. Why? So I never have to worry about it again. I want to make it a non-factor, so that I can free up and live a legendary life — for my family, those I serve, and for myself.

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