A few weeks ago, I was invited to sit on a panel of experts during a conference about excellence in entrepreneurialism in my hometown of Richmond, Virginia. I happily agreed — not because I had reams of wisdom to share, but because the other panelists were so damn impressive. I couldn’t wait to soak up their wisdom.
Selfish, I know.
During the panel, my good friend and long-time mentor, Neil, shared a nugget of knowledge with the room full of bright-eyed and bushy-tailed entrepreneurs that I fell in love with. “As you seek to find career fulfillment,” he cautioned, “there are three metrics of success you can go after with gusto: money, lifestyle or meaning. You can’t have all three — only one or two at the most — so plant your flag and choose wisely.”
Neil went on to say how important it is for entrepreneurs (and anyone else for that matter) to define success in each bucket before deciding which one should be the lead horse.