Prosperity - What is It?

How do you define prosperity?

According to Collins, “Prosperity is a condition in which a person or community is doing well financially.” I know most of you will agree with this definition, even I do. Financial stability is truly the most important indicator of prosperity and success. However, being financially sound is not the only factor that enables the measurement of prosperity.

With years of experience, I have learned that: “Prosperity means being rich,” but the question arises about the difference between being rich and financially stable. Richness doesn’t necessarily mean that you have a lot of wealth. Richness is a broader term that involves your finances, your health, your lifestyle, and the people you have in your life.

If you don’t have lots of money, but you are living a peaceful life with so many loving and caring people around you, you are rich and prosperous. On the contrary, if you are financially strong but you don’t have a healthy lifestyle, you can’t call yourself prosperous. To me, prosperity is something that allows you to sleep peacefully at night. I am fortunate to be able to lay my head on the pillow and be out within five minutes. My wife hates that about me, but it’s always been true.

If we discuss prosperity in a broader sense, there are unlimited factors to present. However, in this chapter, I want to share my point of view about prosperity as it relates to business and wealth.

Prosperity and Entrepreneurship

Do you believe a person who works a nine-to-five job can be prosperous? You might have a different opinion, but to me, the answer to this question is yes; but to others, it varies from person to person. For some people, it may be a yes, while for others, it is a no. Yes, when you work for someone else, the criterion for success and prosperity becomes restricted compared to the business owner. When you are an employee, there are some predefined standards to get a promotion. You have to wait for a certain time before jumping to a new and upgraded position. No matter how hard you work, you get the pay and performance bonus as per the company’s policy, but you can’t grow the way you want to because you have to abide by the rules and regulations.

As an entrepreneur, you have the edge to define prosperity in your own way. As I said earlier, prosperity is something that makes your life peaceful. When you run your own business, you have the choice to decide what gives you peace. It can be the money you earn, flexible work time, travel opportunities, or authority over others. You don’t have to follow the rules because you are the one who makes the rules.

In the following lessons of this week, we will talk about the things to do to start an entrepreneurial lifestyle, which in my mind, is really the only way you can control your destiny. Everything starts with a dream or idea. If you are determined to start your own venture, you can certainly do so but merely dreaming is not enough.

You must take practical steps to turn your dream into reality. We'll talk about these as we progress in this first week of a new month. There are only 60 days left in this year, so while we finish out the goals we have set for 2022 we will be setting ourselves to launch 2023!

When you want to speak with me about your ideas or needs, just reach out via LinkedIn or through our mobile community app, Createyourself.com

Have a great weekend, Gordon

PS - Feel free to buy our Kindle version of How to Createyourself

PPS - you are welcome to share this newsletter with others you feel may benefit!