Sep
08
Planning For The End (or, frankly, the beginning) Of Your Ittybiz
Editor’s note 1: This is supposed to be a post about planning for the end of your ittybiz. Upon reflection, it’s damn good advice for starting one. So we changed the title, because we’re totalitarian like that.
Editor’s note 2: This is a guest post from Hunter Nuttall, the “stop sucking and live a life of abundance” guy who thinks he knows a thing or two about personal development. He assures me that his site now contains no trans fats.
All good things must come to an end. That includes the pet rock, parachute pants, America’s credibility on the world stage, and even your ittybiz. (Cue ominous and foreboding music.)
Yes, your ittybiz will eventually end, but that’s not necessarily a bad thing. After so many years, it’s perfectly understandable if it just doesn’t hold your interest the way it once did. You may even become wildly successful and sell it for a king’s ransom.
But when it ends, however well it worked out, you now have a problem on your hands. You need to answer your inner voice’s dreaded question: “OK, now what?”
What’s your endgame? What will save you from boredom? You should be working towards something that will make you say “This is what I did it for.” Here are some ideas about what that might be.
Happiness
Tenzin Gyatso, the 14th Dalai Lama, said that the purpose of life is to be happy. That’s it. We want happiness, we don’t want suffering, and neither social conditioning nor education nor ideology ever changes that.
Pros: This keeps things nice and simple. Millions and millions of people are chasing happiness, because when all is said and done, what else do you really need?
Cons: In other news, the International Dalai Lama Association continues to report a critical shortage of qualified applicants. Is this guy serious? The purpose of life is to be happy? For God’s sake, hamsters are happy. Perhaps you could aim a bit higher.
Life, liberty, and the pursuit of happiness
OK, I’ll see your happiness and raise you life and liberty. You know, from the U.S. Declaration of Independence? It said that we’re endowed by our creator with certain inalienable rights. But the list is kind of fuzzy, listing only these three while hinting at others.
Pros: I’m sure that Thomas Jefferson put forth his best effort on this, and he must have had a very good reason for picking these three things. Then again, quill pens didn’t have erasers, and parchment cost an arm and a leg. Anyway, the 55 other delegates approved it, and that must have been one tough crowd.
Cons: Any jerk can come up with three things that sound good together.
John Locke had life, liberty, and property. The ancient Greeks had good order, justice, and peace. The ancient Romans had harmony, health, and peace. Canada has peace, order, and good government. France has liberty, equality, and fraternity. Germany has unity, justice, and freedom. The Bolsheviks had peace, land, and bread. The FBI has fidelity, bravery, and integrity. West Point has duty, honor, and country. Notre Dame has God, country, and Notre Dame. Lincoln had people, people, and people.
It just goes on and on. “Wine, women, and song,” “sex, drugs, and rock and roll,” “location, location, location,” “fish and chips and vinegar,” “chocolate, vanilla, and strawberry,” etc. Just because someone says three things, that doesn’t automatically make them your personal motto.
Truth, love, and power
Personal development guru Steve Pavlina spent a whopping two and a half years trying to define personal development, finally putting a horse in front of his cart. He concluded that we’re all here to bring ourselves into ever greater alignment with truth, love, and power. (For people who are into all this meaning of life stuff, click that link for my interview with him.)
Pros: When you can attract 2.5 million monthly visitors based on your insight into three words, those must be three pretty goddamn important words.
Cons: Why truth, love, and power? George W. Bush built a stellar career on lies, hate, and incompetence, using the U.S. Constitution as toilet paper.
Excitement
When Tim Ferriss achieved his 4-hour workweek, he suddenly had all the time in the world. And he found that he couldn’t think of anything more interesting to do with his life than getting a sandwich.
Eventually, he decided that he should be chasing excitement, which he considers a more practical synonym for happiness. Excitement brings happiness, but happiness doesn’t bring excitement.
Pros: He’s one of the world’s most prominent lifestyle designers and they call him the Indiana Jones of the digital age, so you might want to listen to him.
Cons: Some people are on pacemakers and don’t want to be excited. Others are on Viagra and don’t want to be excited for more than 4 hours. And others just don’t think excitement is meaningful enough.
Your one big thing
In The Matrix, Neo spends his whole life wandering without direction, in search of purpose but finding only subtle clues here and there. At last, his purpose is clear: he’s supposed to infiltrate the Machine City and bargain with Deus Ex Machina to save the human race from extinction. Well, when you put it that way, how can he say no?
Pros: Knowing you’re working towards your one big thing that will change the world keeps you focused and inspired. When you finally see it happen, you can enjoy a state of complete serenity and inner peace, and perhaps have a cookie.
Cons: When Neo finally gets to the Machine City and announces his grand purpose, he’s told that they don’t need him. To which he replies, “If that’s true, then I’ve made a mistake and you should kill me now.” Bummer!
When you let your whole life satisfaction ride on the achievement of something in the future, you’re letting the present pass you by. And then if your big thing falls through, what have you done with your life?
Your kids
To hell with you, children are the future! Why not cut your losses and make sure your kids get it right? You’ve racked up a lot of life experience that can steer them in the right direction. If you create the best possible environment for them, they’ll go on to great things.
Pros: With even minimal parenting skills, you can make the world a better place for at least two people at the same time. There’s also bound to be a big ripple effect. Besides, you have to do it anyway, seeing as how they live with you and need food and such.
Cons: This only works until they turn 18. Then what? Get a puppy? Anything to take the focus off of you, right? What if everyone lived just for their kids? Doesn’t the whole thing become pointless if nobody ever does something for themselves?
Ferris Bueller’s Day Off
Grab a couple of crazy friends with some time to kill. Take a meticulously restored 1961 Ferrari GT California out for a joyride. Lip-sync “Twist and Shout” in the Von Steuben Day Parade. Impersonate Abe Froeman, the Sausage King of Chicago. Repeat every day as needed.
Pros: Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.
Cons: What are you, 16? Go away, I’m done talking to you.
So, does this have a point, or what?
Yes, thank you for asking. The point is that there is no one right answer for everyone. But you’d better have some kind of answer in mind. If you don’t, and you’re subconsciously afraid of being bored in retirement, fear of success will seep into your skull and melt your brain. Try getting a prescription for that.







Hahahaha! Excellent post.
As they say, everyone of us wants to achieve 3 things in life:
* Money
* Fame
* Making a difference
What after that?
Give me some more
* Money
* Fame
* Difference making ability
No?
Hilarious! And at the same time…WHAT?! I was expecting the perfect answer here. Now I’m going to go pout.
Excellent. I especially like the long list of 3 things that go together. And the irony of the next thing on the list being 3 things that go together.
Also, living for your kids breeds resentment in your kids.
I’ve given up on goals. I’m all for the road I can see in front of me with some vague idea of where it is going. And then assessing the possibilities of various roads turning off it that look interesting. Where I end up is anyone’s guess but the journey is really interesting, which I think is your point about focusing on the present.
Ha! So funny! I tend to go with the happiness route, but agree with psychologists who believe that it is the ‘optimal experience’ or ‘flow’ that creates happiness in people’s lives.
But as for the biz?
Yeah. I’m in it for the money, which hopefully leads to being more and more ‘location independent’ (which means I want to be working from a laptop and a cell phone from a beach more often), and then the good stuff I can do with the money (take care of family, donate, help people out, that kind of thing).
Those would be my top three, I think.
All the best!
deb
I was in it for the joyride and the parade lip-sync.
Fuck.
-Ferris
Sometimes we choke on too many options and the panic we could choose the wrong one.
Starting any business, it is always important to have an exit strategy in place. If you don’t have one, you are bound to become emotionally attached to your business and this will cause you to hold on to your business longer than you should
Has no one seen “City Slickers II: The Legend of Curly’s Gold”? http://www.youtube.com/watch?v=2k1uOqRb0HU
It’s not three things, it’s one.
The second and third parts of The Matrix trilogy are so underrated. I mean, yes, the first was excellent. But the whole thing in its entirety kicks fucking Abe Vigoda’s ass.
This post made me chuckle!
I believe that it is all about being happy and feeling good. Matter of fact, I am committed to feeling good. ( Big Hedonist here!)
To me, when I am feeling good it is a indication that I am on the right track no matter what I am doing.
When I am happy, it’s all good. Good things happen and I attract all kinds of amazing opportunities that lead to increased happiness for me.
I agree that it is of no benefit to make something…business, activity…person…responsible for your happiness. Happiness is just there inside of you and ready to come out when you let it. Sometimes you need to look for it or make space for it to show up. happiness can fall asleep in the corner if you ignore it too long…but it ussually wakes up when you poke it a bit.
I do disagree with the idea that anyone should be chasing happiness. It is never running away from you, you just forget about it and let other stuff fill your head…chasing after anything will never bring satisfaction.
Just decide to BE happy!
@ Ankesh, a good list, but not everyone wants those things. Me, I’ll pass on the fame. Many people would pass on the money. I guess everyone wants to make a difference, but what kind of a difference?
@ Sarah, I want to say that pouting could be the answer, but maybe that’s more of a short term solution.
@ JoVE, yeah, if you’re on a good road, and you’re keeping an eye out for any better roads, there’s no way you’re not going to enjoy the journey.
@ Deb, I totally forgot about flow. That’s what I’d consider a more practical synonym for happiness.
@ Sparky, OK, I was mainly in it for the Sausage King of Chicago thing.
@ Other Deb, or worse yet, we don’t pick anything.
@ Donny, yeah, when it’s time to go, it’s time to go.
@ Drew, I think you mean City Slickers I. City Slickers II was about two things: whatever this thing is, and gold.
@ Johnny, hi, I’m the other guy on earth who found something redeeming in the 2nd and 3rd Matrix. But don’t get me started on those dorky little robot suits.
@ Leah, I never understood the “pursuit” of happiness thing. Just reach out and take it, right?
Matrix Revolutions APUs = blatant ripoff of hydraulic loaders in Aliens.
Going for the end in mind ey?
I’m already in with time as a freedom factor. Next up is income for mobility. :)
All of this paradox has been scrambled in my head forever and it’s actually kind of soothing (masochist?) to see it all organized and laid out. Should maybe be required reading for anybody who’s idealistic/practical, hopeful/skeptical, settling/chasing the dream. Or just, um, everybody.
What if you can’t foresee the end of your Ittybiz? I mean, my Ittybiz will end because it will become a big biz… not like a sick corporation or anything, but I definitely plan on getting rich doing what I do because I love it.
If I don’t think I will retire — in the traditional sense — but instead I think things will continue to evolve and I will continue to be fully active into my golden years, is fear of success going to seep into my skull?
@ Johnny, Aliens was set in 2179, and the first Matrix was set in approximately 2199. I’m sure the inhabitants of Zion were grateful to Ripley for sharing her technology with them.
@ Daniel, time and freedom are good, but what will you do with them?
@ Briana, if you’re feeling a paradox, that just means you’re paying good attention to the world. :)
@ Andrea, if you remain fully active in something you love, I don’t see why fear of success would be an issue at all.