Back in my days of owning SLCentral.com, there were a few bigger sites out there that did similar content. One of those went by the name of SysOpt.com, and was run by Scott Wainner. I had communicated with Scott a couple of times while he was an owner of the site (not sure if he remembers me). His site ended up being bought out, and he made a good amount of money in the process. Now Scott still works in the web business, and he recently launched a blog where he discusses making money online.
He recently made a post entitled ??Don??t Strive To Be Rich?? that made some good points about the type of goals you should really have to be successful. At the time of writing this, pretty much all of the comments to the article were in agreeance with Scott, and I am surprised that I am one of the only ones that didn??t quite see eye-to-eye. I got to writing a comment on the blog, but it started getting a bit long, and I thought it would be a great topic to discuss here on my blog instead.
Scott basically talks about the average vision people see when it comes to making money online??big houses, fast cars, etc. He found himself doing the same thing, after selling his sites to EarthWeb, Inc he did things like moving from his $700/month apartment to a $5,000/month rental house on teach bay. Then the dot com crash came, and he lost a lot of what he had made, which also gave him a much better understanding of how money should be spent and what is really important to him.
He felt that the payout he received for SysOpt was ??just nuts and disproportional to what he had built??, but now feels that the internet businesses he has are solid companies that that deserve to make what they make. He feels that this life lesson allowed him to ??feel sad?? for people striving to be rich, striving for big houses, striving for fast cars, etc because ultimately these things will not make them feel happy. Part of that reasoning was because people always strive to get something better than what they have??buy a 3-series, you??ll want a 5-series, buy a 2,000 sq/ft house, you??ll want a 3,000 sq/ft house. This is a natural mindset that we will always want more.
That part of the article was the part where I was thinking to myself that I don??t exactly agree with Scott. I agree that spending money that is out of proportion to what you have and what you make is not smart. I don’t agree that you shouldn’t have goals of ??material?? things like expensive cars and bigger houses. Many times the action of striving for the next step up is one of the sole things that can help you ??succeed?? that much faster. You could manage to live in a cheaper apartment, or drive a crappier car, but I’m sure you chose something more manageable but still nice to you. If that level meets your personal goals of happiness, that’s great, but I think we’re all different in that aspect.
I can tell you from personal experience, if I can proportionately afford to have a Lamborghini in my garage, I would be happier. But I am also a huge car fanatic. I also do agree with the statement about always wanting the next level up, and never really being truly satisfied, but I don’t think there is anything wrong with having goals of better things than what you have, as long as you are smart about “upgrading”.
I think there should be two types of goals. Your main life goals, for example being able to work from home and spending more time with your family, and then a perk goal, for example driving that 5-series instead of the 3. Both types of goals are important to have as they are the main reasons why people work hard for themselves and try to be successful.
What are your opinions about having material things as a priority goal? Do you tend to agree with Scott, or do you think that material things will make you happy?